Skip to main content

Foley & Lardner LLP recently represented NEA as lead investor in Kindred’s $15M funding round. NEA was joined by additional investors Andreessen Horowitz, Bessemer Venture Partners, Caffeinated Capital, and Onset Capital.

Kindred is a members-only community for home swapping, not a vacation rental platform. Each member must host their own home to stay as a guest, increasing trust between members since everyone has skin in the game. There are no nightly fees – only the cost of cleaning and service charges – and members earn credits each time they host.

NEA is a global venture capital firm with a mission to make the world better by helping founders build great companies that improve the way we live, work, and play. NEA’s proven investment strategy spans all stages of a company’s growth, from seeding innovations in emerging markets to funding early-stage companies in high-growth markets to fueling the growth of market leaders.

The Foley team was led by Partners Louis Lehot and Lyman Thai and included Associates Saige Gallop and Trevor Mullin.

Author Louis Lehot

More Insights by Louis Lehot