Kalshi operates a prediction market exchange where users trade "event contracts" on outcomes of real-world events such as elections, award shows, and sports. The platform is a federally regulated financial exchange overseen by the Commodity Futures Trading Commission (CFTC). Founded in 2018 and based in New York City, Kalshi has raised a large Series E round that initially amounted to $1.0B at an $11B valuation and recently received an additional $4.7M. The company has attracted a broad set of investors, including sports and entertainment figures and family offices. Management has stated the new capital will be used to expand operations and support development efforts.

Total raised

$2.8B

Funding rounds

12

Latest round

Equity

Latest activity

Jul 2026