About Kindred
Kindred is a company based in San Francisco (United States) founded in 2014 by James Bergstra was acquired by Ocado Group in November 2020.. Kindred has raised $28 million across 3 funding rounds from investors including Tencent, Ocado Group and Leaders Fund. The company has 5 employees as of December 31, 2018. Kindred operates in a competitive market with competitors including GreyOrange, Third Wave Automation, Agility Robotics, Symbotic and Locus Robotics, among others.
- Headquarter San Francisco, United States
- Employees 5 as on 31 Dec, 2018
- Founders James Bergstra
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Sectors
RetailTechnology Transportation, Automotive & Logistics Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Tencent
& 6 more
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Employee Count
5
as on Dec 31, 2018
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Acquired by
Ocado Group
(Nov 02, 2020)
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Funding Insights of Kindred
Kindred has successfully raised a total of $28M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series B - Kindred | Valuation | Leaders Fund |
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| Oct, 2017 | Amount | Series B - Kindred | Valuation | Tencent | |
| Jun, 2015 | Amount | Series A - Kindred | Valuation | Eclipse |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kindred
Kindred has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Ocado Group and Leaders Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in tech startups are made by Leaders Fund.
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Founded Year | Domain | Location | |
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Early-stage investments are made by Eclipse across multiple sectors.
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Founded Year | Domain | Location | |
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US focused seed and early-stage VC firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kindred
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Kindred
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kindred Comparisons
Competitors of Kindred
Kindred operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GreyOrange, Third Wave Automation, Agility Robotics, Symbotic and Locus Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI and SaaS-based robots for warehouse automation are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven automation is delivered for warehouse material handling.
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| domain | founded_year | HQ Location |
Warehouse automation solutions are developed using AI and robotics technology.
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| domain | founded_year | HQ Location |
Automated robotic solutions are provided for warehouse operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kindred
Frequently Asked Questions about Kindred
When was Kindred founded?
Kindred was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Kindred located?
Kindred is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Kindred a funded company?
Kindred is a funded company, having raised a total of $28M across 3 funding rounds to date.
How many employees does Kindred have?
As of Dec 31, 2018, the latest employee count at Kindred is 5.
What does Kindred do?
Kindred offers a pick and place robot for e-commerce applications. Its chief industrial application is in sorting items in e-commerce fulfillment facilities.
Who are the top competitors of Kindred?
Kindred's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
Who are Kindred's investors?
Kindred has 7 investors. Key investors include Tencent, Ocado Group, Leaders Fund, Eclipse, and First Round Capital.
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