Kindred raises $125M in funding. Kindred, a San Francisco, CA-based provider of a global home swapping platform, raised $125M in funding. The round included a $40M Series B round co-led by NEA and Dylan Field, CEO of Figma, and an $85M in Series C led by Index Ventures. The company intends to use the funds to evolve its community experiences and offerings, including allowing members to build out new, sub-communities where they can open their homes to others within their extended networks, or with whom they share common interests or values. Founded in 2021, and led by CEO Justine Palefsky, Kindred is a global provider of a home swapping platform that allows verified members to swap homes through a human travel experience, generating a more way to see the world. 90% of its inventory is people's primary residences, positioning it within the travel accommodation market. Kindred service fees average $20 - 45 per night, meaning a stay costs roughly one-tenth of a short-term rental in a comparable home. The platform has grown to almost 300,000 members across 150+ cities, adding 150,000 members in 2025 alone, with almost 350,000 nights hosted to date. Destinations on the platform include New York City, London, Los Angeles, Barcelona, Mexico City, and Paris.

Kindred, a global home swapping platform, has raised $125 million in funding, comprising a $40 million Series B co-led by NEA and Figma CEO Dylan Field, and an $85 million Series C led by Index Ventures. Founded in 2021, Kindred has grown to nearly 300,000 members across over 150 cities, adding 150,000 members in 2025 alone. The platform has facilitated almost 350,000 nights of accommodation to date. Unlike short-term rental marketplaces, over 90% of homes on Kindred are primary residences, with no monetary exchange between hosts and guests. The funding will support development of trust-led sub-communities, allowing members to swap homes within extended networks. Service fees average $20–45 per night, roughly one-tenth the cost of comparable short-term rentals.