The concept of taking existing properties and repurposing them is not a new one. After all, Airbnb is a high-profile example of people turning vacation homes, for example, into revenue generators when they’re not using them. The end result is that travelers have far more options today than they used to when choosing where to stay.
One San Francisco-based startup has emerged that wants to not only give travelers more options, but make traveling more affordable, and it’s just raised $15 million toward that goal. Opendoor alums Justine Palefsky and Tasneem Amina teamed up in 2021 to start a company, Kindred, with the goal of giving people the choice of booking lodging through a unique home-swapping model.
Kindred is building a members-only network to allow people to essentially exchange homes. The idea is that the network is a “trusted” one so that members can ...