Opendoor Alums Raise $15M For Kindred, A Home-Swapping Network
04/19/23, 4:32 PM
Location
san franciscoMoney raised
$15 million
Industry
other
Investors
Opendoor Alums, Figma Ceo Dylan Field, Former Khosla Investor Evan Moore, Outset Capital, Bessemer Venture Partners, Caffeinated Capital, Andreessen Horowitz, New Enterprise Associates, Tasneem Amina, Justine Palefsky
The concept of taking existing properties and repurposing them is not a new one. After all, Airbnb is a high-profile example of people turning vacation homes, for example, into revenue generators when they’re not using them. The end result is that travelers have far more options today than they used to when choosing where to stay.
Company Info
Location
san francisco, california, united states
Additional Info
Kindred is building a members-only network to allow people to essentially exchange homes. The idea is that the network is a “trusted” one so that members can feel comfortable in swapping homes. Interestingly, no money is exchanged between members, who pay Kindred a fee to have the ability to allow someone to stay in their home, and vice versa.