Kindred Raised $125 Million in Funding to Expand Home-Swapping Platform

Key Points

• Kindred raised $125 million in Series B and Series C funding to expand its home-swapping platform and social network.
• The platform, founded in 2021, now has 300,000 members and operates in over 150 cities, with 90% of members swapping homes they own.
• Kindred aims to invest in infrastructure and create interconnected sub-communities to facilitate trusted home swaps, as the home-exchange market grows globally.

Summary

Kindred, a home-swapping platform founded in 2021, has secured $125 million in Series B and C funding to expand its infrastructure and develop a social network for its 300,000 members across more than 150 cities. The company plans to use the capital to build interconnected sub-communities that enable trusted home exchanges, reflecting the growing global interest in home-swapping as a travel alternative.