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Kindred Capital

GBDEFRNLSEIEILESITPTDKNOFIATBEPLCZROHULUEELVLTGRCYMTSISKHRBGCHB2B SaaSAI/MLFintechHealthtechDeep TechBio/PharmaDevtoolsEnterpriseMarketplacesConsumer

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Investment thesis

Kindred Capital is a London-based early-stage venture capital firm founded in 2016 that practices 'Equitable Venture' — a model where every founder they back becomes a co-owner of the fund, sharing in 20% of the fund's carry. The firm makes high-conviction investments in mission-driven, pre-seed and seed stage founders across Europe and Israel, focusing on 'picks and shovels' infrastructure companies in SaaS, TechBio, Fintech, and Automation. Kindred runs a partner-only investment team with no associates or analysts, writes $200k–$3m initial cheques into 25–30 companies per fund, and reserves significant capital for follow-on. Their thesis is that aligning economic interests between GPs, LPs, and founders creates a collaborative ecosystem where portfolio founders actively source and support one another.

Notable quotes

"As operators, we took the thesis that by sharing our carry with the people we're investing in, we would ultimately create a much bigger pie."

Tracy Dorée · PitchBook / Kindred Capital press coverage · 2018-03-14

"We think we'll get a great ROI by leaning further into pre-seed... there's no statistical meaningful difference between pre-seed and seed investments."

Leila Zegna · Sifted — Kindred Fund III announcement · 2023-04-20

"We're delighted to have closed our first fund of £80m... This will allow us to make a substantial impact on the Seed stage ecosystem in the UK."

Russell Buckley · UK Tech News — Fund I close · 2018-02-28

Team

Chrys Chrysanthou

Recent investments

CompanyRoundSizeDate
FractileSeries B$220m2026-05-13
RobCoSeries C$100m2026-01-29
CradleSeries B$73m2024-11-26
Latent LabsSeed$40m2025-02-13
LabGeniusSeries B$35m2024-05-21
PaddleSeries D$200m2022-10-01
FlagstoneSeed2019-01-01
LottieSeries A$21m2023-01-01
DexorySeries A$19m2023-06-27
Gravity SketchSeed2020-01-01

Frequent co-investors

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