Â鶹ֱ²¥
Â鶹ֱ²¥ & Lardner LLP represented New Enterprise Associates (NEA) as a lead investor in the $40 million Series B funding round for Kindred, a global home-swapping platform. NEA was joined by Dylan Field, CEO of Figma, as co-lead investor.
Founded in 2021, Kindred was built to make travel more accessible at a time when rising costs and housing pressures have reshaped how people move around the world. Today, the platform has grown to almost 300,000 members across 150+ cities, adding 150,000 members in 2025 alone and counting to date almost 350,000 nights hosted.
The investment reflects growing momentum behind Kindred’s give-to-get model powering its next phase of growth as the product evolves from one home swapping community to a platform of interconnected sub-communities, enabling people to swap homes with friends-of-friends or existing trusted networks.
NEA is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors, and geographies. NEA invests in technology and health care companies at all stages in a company’s lifecycle, from seed stage through IPO. The firm’s long track record of investing includes more than 270 portfolio company IPOs and more than 450 mergers and acquisitions.
The Â鶹ֱ²¥ team was led by partners Louis Lehot and Lyman Thai and included associates Saige Gallop and Trevor Mullin.
