Venture Capital

Kindred Ventures

Kindred Ventures is a San Francisco-based, earliest-stage venture capital firm founded in 2014 by Steve Jang and led today as a partnership with Managing Partners Steve Jang and Kanyi Maqubela. The firm backs visionary and relentless founders building the future with technology and science, investing primarily at the pre-seed and seed stage and often partnering with entrepreneurs before a company is even formed. Kindred runs a deliberately concentrated, high-touch model of roughly 25 companies per fund, and has backed 100+ startups whose aggregate market capitalization now exceeds $200B. It invests across AI and new computing, crypto/web3, fintech, consumer, health and wellness, climate tech, mobility and logistics, and developer tools and infrastructure. With around $600M in assets under management, notable investments and exits include Uber, Coinbase, Poshmark, Reddit, Postmates, Blue Bottle Coffee, Perplexity, Tala, Magic Eden, dYdX, and PlayAI (acquired by Meta in 2025).

117 portfolio companies 116 publish APIs here 13 properties
Venture CapitalPre-SeedSeedArtificial IntelligenceCryptoFintechConsumerHealth & WellnessClimate TechDeveloper ToolsInfrastructureSan FranciscoNorth America
Portfolio Strength across 112 profiled portfolio companies on the network
5 top-rated API companies 1 exemplar · 4 strong
9 agent-ready companies 4 agent-native · 5 agent-ready
Average quality of the book:
Composite emerging 21.0
Agent-Readiness human-only 8.8

Firms are ranked by cumulative portfolio strength — how many highly-rated API companies they've backed, weighted by tier across composite quality and agent-readiness. The averages below are a secondary read on the typical company in the book.

Kindred Ventures has 117 portfolio companies tracked on the APIs.io network, of which 116 (99%) publish APIs indexed here.

Its highest-rated API providers on the network are fal, Particle, Mem0, Perplexity, Basis Theory.

Portfolio on the Network

Portfolio companies that publish APIs indexed on APIs.io, grouped by their API Evangelist rating. Exemplar and Strong are expanded by default.

Exemplar 1 Complete, well-documented, and agent-ready
Strong 4 Solid coverage with minor gaps
Developing 14 Usable, with meaningful gaps to close
Thin 16 Limited public surface area
Emerging 35 Early or largely undocumented
Minimal 42 Almost no public developer surface
Unrated 4 Not yet scored

Rest of Portfolio

1 further portfolio companies that don’t yet have a provider page on the network.

Optic

Scroll for all 1

Properties

Portfolio

Where the firm publishes its investments

Team

Partners and investing staff

Content

Blog, podcast, newsletter, and research

Firm

The firm itself

Cohort brief

Auto-generated

The 112 portfolio companies with APIs in the catalog, backed by Kindred Ventures, scored on the Kin Score. Every figure below is computed from the catalog — nothing here is written.

Providers
112
of 116 on the roster
Mean Kin Score
20.9
+0.2 vs catalog 20.7
Mean Agent Readiness
8.7
-1.0 vs catalog 9.7
Spread
1.9–69.7
median 13.9 · σ 16.5
How the 112 split by band
Exemplar 1Strong 3Developing 16Thin 14Emerging 36Minimal 42
Facet averages, against the whole catalog
FacetThis cohortCatalogDifferenceScored
Access Clarity 25.3 22.3 +3 112
Developer Ergonomics 19.1 17.9 +1.2 112
Discoverability 59.7 60.4 -0.7 112
Contract Governance 5.5 6.4 -0.9 112
Contract Quality 16.5 17.5 -1 112
Operational Transparency 9.1 11.3 -2.2 112

A facet is averaged over the members that carry it, not over the whole cohort — the “Scored” column is that count. Averaging an absent facet as zero would score our own coverage gaps as the providers’ posture.

What this cohort publishes
ArtifactThis cohortCatalogDifference
MCP server (any) 21% 16% +5
MCP server (first-party) 9% 7% +2
Agent Skills 0% 0% 0
OAuth scopes 3% 9% -6
Security 96% 88% +8
Arazzo workflows 2% 2% 0
Governance rules 10% 13% -3

mcp_pct counts any mcp/ artifact including ones API Evangelist derived from the provider OpenAPI; mcp_first_party_pct counts only servers the provider publishes. Prefer the latter.

Top by Kin Score
  1. 1 fal 69.7
  2. 2 Particle 60.8
  3. 3 Perplexity 56.3
  4. 4 Dedalus Labs 56.2
  5. 5 Color 54.1
  6. 6 Basis Theory 53.7
  7. 7 Parasail 51.6
  8. 8 Scorecard 51.2
  9. 9 Quo 50.9
  10. 10 Unlock Protocol 49.8
Top by Agent Readiness
  1. 1 Color 43.7
  2. 2 Dedalus Labs 42.8
  3. 3 Scorecard 41.2
  4. 4 fal 36.6
  5. 5 Pomo 35.4
  6. 6 Bitski 33.3
  7. 7 Perplexity 29.1
  8. 8 Coinbase 29.1
  9. 9 Kotoba 28.5
  10. 10 Fountain 28.2
This roster declares 116 members; 112 resolve to a provider in the catalog and 112 carry a score (100%). The figures above describe the scored members only.Generated from the catalog build of 25 August 2026, across 26891 providers, using the same computation served by the APIs.io cohort API. Briefs are published for rosters of 5 or more scored providers; below that a distribution is not meaningful.

Source (apis.yml)

apis.yml Raw ↑
aid: kindred-ventures
name: Kindred Ventures
description: >-
  Kindred Ventures is a San Francisco-based, earliest-stage venture capital firm founded in 2014 by
  Steve Jang and led today as a partnership with Managing Partners Steve Jang and Kanyi Maqubela. The
  firm backs visionary and relentless founders building the future with technology and science,
  investing primarily at the pre-seed and seed stage and often partnering with entrepreneurs before a
  company is even formed. Kindred runs a deliberately concentrated, high-touch model of roughly 25
  companies per fund, and has backed 100+ startups whose aggregate market capitalization now exceeds
  $200B. It invests across AI and new computing, crypto/web3, fintech, consumer, health and wellness,
  climate tech, mobility and logistics, and developer tools and infrastructure. With around $600M in
  assets under management, notable investments and exits include Uber, Coinbase, Poshmark, Reddit,
  Postmates, Blue Bottle Coffee, Perplexity, Tala, Magic Eden, dYdX, and PlayAI (acquired by Meta in
  2025).
deliveryModel:
  model: unknown
  open_source: false
  commercial: false
  callable_host: false
  label: Delivery model not determined — needs a product licence on record
  confidence: low
  source:
  - none
  generated: '2026-08-28'
  method: derived
accessModel:
  pricing: unknown
  onboarding: unknown
  trial: false
  try_now: false
  public: false
  label: Unknown
  confidence: low
  source: []
  generated: '2026-07-22'
  method: derived
image: https://kindredventures.com/favicon.ico
x-type: venture-capital
x-category: Venture Capital
created: '2026-07-17'
modified: '2026-07-17'
specificationVersion: '0.23'
tags:
  - Venture Capital
  - Pre-Seed
  - Seed
  - Artificial Intelligence
  - Crypto
  - Fintech
  - Consumer
  - Health & Wellness
  - Climate Tech
  - Developer Tools
  - Infrastructure
  - San Francisco
  - North America
tags_raw:
  - Venture Capital
  - Pre-Seed
  - Seed
  - Artificial Intelligence
  - Crypto
  - Fintech
  - Consumer
  - Health & Wellness
  - Climate Tech
  - Developer Tools
  - Infrastructure
  - San Francisco
  - North America
apis: []
common:
  - type: Website
    url: https://kindredventures.com/
  - type: Portfolio
    url: https://kindredventures.com/portfolio/
  - type: Portfolio
    url: portfolio/kindred-ventures-portfolio.yml
  - type: Team
    url: https://kindredventures.com/about/
  - type: Team
    url: team/kindred-ventures-team.yml
  - type: InvestmentThesis
    url: https://kindredventures.com/about/
  - type: Blog
    url: https://medium.com/kindred-ventures
  - type: News
    url: https://kindredventures.com/news/
  - type: Jobs
    url: https://kindredventures.getro.com/jobs
  - type: Crunchbase
    url: https://www.crunchbase.com/organization/kindred-ventures-2
  - type: LinkedIn
    url: https://www.linkedin.com/company/kindredventures/
  - type: Twitter
    url: https://twitter.com/kindredventures
  - type: Contact
    url: https://us9.list-manage.com/contact-form?u=7227162fe9bfefa2742c6799b&form_id=a8d44b00a40ea7ca5da044a44649466e
  - type: Features
    data:
      - "Stage: Earliest-stage (primarily pre-seed and seed)"
      - "Model: Concentrated, high-touch portfolio of ~25 companies per fund"
      - "Sectors: AI, crypto/web3, fintech, consumer, health & wellness, climate tech, mobility & logistics, tools & infrastructure"
      - "Geography: San Francisco / United States, global"
      - "AUM: ~$600M (self-reported)"
      - "Portfolio: 100+ companies, $200B+ aggregate market cap"
      - "Founded: 2014"
      - "HQ: San Francisco, California, USA"
    sources:
      - https://kindredventures.com/
      - https://kindredventures.com/about/
      - https://www.vcsheet.com/fund/kindred-ventures
    updated: '2026-07-17'
maintainers:
  - FN: Kin Lane
    email: info@apievangelist.com
    url: https://apievangelist.com
  - FN: APIs.json
    url: http://apisjson.org
  - FN: Kindred Ventures
    url: https://kindredventures.com/

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