AssetAvenue has raised $3 million in seed funding led by Matrix Partners and NetEase. Its online marketplace helps match investors with borrowers who need short-term loans on their property. Unlike some of the other crowdfunding real estate companies such as Realty Mogul that invest in equity, AssetAvenue enables its users to invest into real estate debt. The company's investments are made as senior secured loans with terms ranging from six months to five years. The fresh funds will go toward building more relationships with lenders and brokers across the U.S.