Kalshi

Summary active Updated May 10, 2026

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Location New York, NY
Founded 2018
Latest Stage Series F
Total Raised $1.3B+

Investors

Alfred Lin Series A (2020)
Matt Huang 2023 (2023)
Eric Liaw 2025 (2025)
Ali Partovi Seed (2021)
Mood Rowghani Series C (2024)
Fred Ehrsam ~2021 (2021)
Tushar Jain 2025 (2025)
Coatue Management series-f (2026)
Sequoia Capital series-f (2026)
Andreessen Horowitz series-f (2026)
IVP series-f (2026)
Paradigm series-f (2026)
Neo Seed (2021)
BOND Series C (2024)
Multicoin Capital 2025 (2025)

Founders

Tarek Mansour Co-Founder & CEO

About

Kalshi is a New York-based CFTC-regulated prediction markets exchange where users trade event contracts on real-world outcomes 12. The platform reported that institutional trading volume increased 800% over the six months preceding the May 2026 raise, while annualized trading volume tripled from $52B to $178B 1. Kalshi reports it controls over 90% of U.S. prediction market activity 1. The $1B Series F announced May 7, 2026 was led by Coatue at a $22B valuation, doubling its $11B valuation from five months earlier 123.

Funding History

Date Round Amount Lead Co-investors
2026-05-07 Series F $1B Coatue Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, ARK Invest 123

What Investors Say

Philippe Laffont, Founder of Coatue, stated: “Kalshi is building the leading platform for trading in real-world events. Consumers have already embraced it, and we believe institutions will follow.” 1

What Founders Say

Tarek Mansour, Co-Founder and CEO, said: “Event contracts could become a trillion-dollar market, and we’re still in the early stages of that transition.” 1

Sources


  1. Kalshi blog, “Kalshi Raises $1 Billion at a $22 Billion Valuation as Institutional Adoption Accelerates,” May 7, 2026. Accessed May 2026. https://news.kalshi.com/p/kalshi-raises-1-billion-22-billion-valuation-institutional-demand-surges

  2. TechCrunch, “Kalshi doubles valuation in 5 months, hitting $22B,” May 7, 2026. Accessed May 2026. https://techcrunch.com/2026/05/07/kalshi-doubles-valuation-in-5-months-hitting-22-billion/

  3. Bloomberg, “Kalshi Secures $22 Billion Valuation in Coatue-Led Round,” May 7, 2026. Accessed May 2026. https://www.bloomberg.com/news/articles/2026-05-07/kalshi-secures-22-billion-valuation-in-coatue-led-round