Kindred Ventures is a San Francisco-based early-stage venture capital firm focused on backing outlier founders building in outlier markets. Founded in 2014, the firm has built a reputation for investing at the earliest stages in category-defining technology companies. Kindred operates with a founder-first philosophy and concentrates on high-impact, frontier technology themes.
In February 2026, Kindred Ventures raised approximately $227 million across two vehicles. According to SEC filings dated February 6, 2026, Kindred Ventures IV, L.P. has raised $190 million toward a $230 million target.
On the same date, Kindred Selector II, L.P. raised $37 million toward a $100 million goal.Fund IV represents the firm’s primary early-stage investment vehicle and continues its strategy of leading or co-leading early rounds in high-conviction opportunities. The Selector fund appears structured to provide additional flexibility, likely enabling participation in follow-on rounds or select later-stage opportunities within the broader Kindred ecosystem.
The combined $227 million in capital strengthens Kindred’s position as a concentrated early-stage investor with the capacity to support breakout companies beyond their initial rounds. Known limited partners in prior funds have included Bracket Capital and SK Networks, reflecting institutional backing and corporate relationships.
Leadership
Kindred Ventures is led by Steve Jang and Kanyi Maqubela, who are listed in regulatory filings as key figures in the current fundraising efforts. The partners have long focused on identifying emerging technological shifts and supporting founders from company formation through scale.
Investment Strategy
Kindred pursues a high-conviction, concentrated portfolio strategy centered on early ownership. The firm often invests at pre-seed or seed, building close relationships with founders at inception. Its strategy emphasizes frontier technologies and mission-driven entrepreneurs tackling large structural opportunities. With the addition of a selector vehicle, Kindred can extend its capital support to companies demonstrating strong breakout potential.
Notable Investments
Kindred Ventures has invested at early stages in companies such as:
The portfolio reflects a consistent focus on founders building in high-impact and emerging technology categories.
Notable Exits
Kindred’s early investment in Uber and Coinbase represent two of its most prominent liquidity events, underscoring the firm’s strategy of backing transformative companies at inception and holding through scale.
Other
Kindred Ventures positions itself as a partner for founders pursuing unconventional or frontier ideas that may not fit traditional market narratives. The firm favors bold theses and technical founders operating at the edge of major technology shifts. With two active funds and a history of early entry into category leaders, Kindred offers both early conviction capital and the ability to support companies as they mature.
United States
