Skip to content
Sıfırıncı Dakika
TR
Latest
Neuralink Telepati reaches 75 words per minute in an ALS patient

Kalshi raises $1 billion at a $40 billion valuation

StartupsNew1 min read

In brief

Prediction market platform Kalshi has raised $1 billion in a Series G round co-led by Sequoia Capital and Wellington Management. The company's valuation climbed to $40 billion, up from $22 billion in its May round. Kalshi says the money will fund product development for individual and institutional users.

  • $1 billion Series G funding round
  • $40 billion valuation
  • Co-led by Sequoia Capital and Wellington Management
  • Roughly double the $22 billion valuation from May 2026
  • Prediction contracts traded on a regulated exchange infrastructure

How the round came together

US-based prediction market platform Kalshi closed a $1 billion Series G round. Sequoia Capital and Wellington Management co-led the round, with Baillie Gifford, Morgan Stanley Investment Management, Coatue Management and Andreessen Horowitz also participating.

The company's valuation now stands at $40 billion. Kalshi had raised another $1 billion at a $22 billion valuation last May, meaning its valuation has nearly doubled in about six months.

What Kalshi does

Founded in 2018 by Tarek Mansour and Luana Lopes Lara, the platform lets users buy and sell contracts on the outcomes of future events, spanning election results, sports matches and the economy.

Contract prices reflect the market's expectation of how likely a given outcome is. Kalshi runs these trades through a regulated exchange infrastructure.

Where the money goes

The company said it will use the new funding for product development aimed at both individual and institutional users. Kalshi already builds products for retail users as well as corporate clients.

Why it matters

Prediction markets are spreading as a way to price the likelihood of events, and this round shows how much capital the sector attracts. It gives readers a quick answer to why these platforms are valued so highly.

Sources

  1. WebrazziFirst reported by
    Kalshi, 40 milyar dolar değerleme üzerinden 1 milyar dolar yatırım aldı
#prediction market#funding round#valuation#Kalshi

Related stories