Kalshi has completed a $185M funding round, valuing the company at $2 billion. This follows Polymarket's recent funding round, which topped $1 billion.
Kalshi has completed a $185M funding round, valuing the company at $2 billion. This follows Polymarket's recent funding round, which topped $1 billion.
06/25/25, 9:39 PM
Location
new yorkMoney raised
$185 million
Industry
finance
information technology
Kalshi has recently completed a $185 million funding round that values it at $2 billion. This surge in valuation comes a day after its competitor Polymarket closed a round valuing it at over $1 billion. Both companies have gained popularity by offering election-related contracts. Kalshi continues to attract political interest and bolster its business prospects.
Company Info
Location
594 broadway
new york, new york, united states
Additional Info
Kalshi is the first U.S. federally regulated exchange that allows trading on the outcome of real-world events through a new asset class known as “event contracts.” Approved by the CFTC, Kalshi enables investors to take positions on whether specific events will occur—ranging from economic indicators to legislative outcomes—bringing a new level of accessibility and relevance to the futures market. Backed by top-tier investors including Sequoia, Henry Kravis, Charles Schwab, and Y Combinator, Kalshi is redefining commodity derivatives to reflect the dynamic risks shaping today’s economy.