Kindred Raises $15 Million for Home Swapping Vacation Platform
Photo Credit: The Kindred platform enables homeowners to connect with each other and swap for a vacation. Image of a living room in a house bookable on Kindred. Source: Kindred Kindred / Kindred
Skift Take
A wide variety of potential travel innovations got funding this week, including a credit card for travelers, an online travel agency for recreational vehicles, and management software for tour operators.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at jd@skift.com if you have funding news.Seven startups involved in the travel industry have raised nearly $124 million this week.
>>Yonder, a UK credit card startup geared toward travelers, has raised $15.6 million (£12.5 million) in venture capital and $62.2 million (£50 million) in debt for its series A funding round.
It was co-led by Northzone and RTP Global, with support from angel investors Joseph Moore of Crust Bros and Kunal Shah of Cred.
The company said it is now valued at more than $87.2 million (£70 million). The company is soon launching a crowdfunding campaign.
Yonder offers rewards and special features for customers who use its card for travel, dining, and ticketed events. Those rewards are only for services based in London right now. But the company plans to expand to a second, unnamed UK city this year.
The company is using the equity toward growing operations and hiring for marketing, operations, engineering, and product roles. The de
