
Kindred
Allows to exchange homes and travel for a fraction of the cost.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor | €0.0 | round |
investor investor investor investor investor investor investor investor | €0.0 | round | |
* | $15.0m | Series A | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 274 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Kindred, accessible via livekindred.com, is a unique startup that operates in the home swapping market. The company offers a members-only network for home exchanges, allowing homeowners and renters to swap their residences with others for a specified period. This service is particularly appealing to travelers looking to reduce accommodation costs while experiencing new destinations like a local.
Kindred serves a diverse clientele, including remote workers, families, and travel enthusiasts who seek flexible and cost-effective travel options. The company operates primarily in the travel and hospitality market, focusing on creating a seamless and memorable home swapping experience.
The business model of Kindred revolves around a subscription-based service. Members pay a fee to join the network, which grants them access to a curated list of homes available for swapping. This model ensures a steady revenue stream while fostering a sense of exclusivity and trust among its users. Additionally, Kindred offers comprehensive guides and resources to help first-time hosts prepare their homes for a successful swap, enhancing the overall user experience.
Kindred makes money through membership fees and possibly additional services such as insurance coverage, which includes $100,000 in host protection and damage coverage. This ensures that both parties in the swap feel secure and protected, further adding value to the membership.
In summary, Kindred is revolutionizing the way people travel by offering a cost-effective, community-driven alternative to traditional accommodations. By focusing on trust, security, and local experiences, Kindred is well-positioned to capture a significant share of the home swapping market.
Keywords: home swapping, travel, membership, remote work, cost-effective, local experiences, host protection, renters, homeowners, exclusive network.