Private Market View

Kalshi

Other Financial Services · New York, NY · Founded 2018 · Privately Held (backing)

PA Mark · $/share
$605
Sep 2026
Implied valuation
$22.0B
Total raised
$2.5B
Last round
IPO
Jan 2028
How much has Kalshi raised?
$2.5Bacross 12 recorded rounds · Jun 2025Jan 2028

Most recently, Kalshi raised an undisclosed amount in its IPO (Jan 2028).

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  • ·Post-money valuations for all 12 rounds
  • ·The complete investor list — 74 names
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Round by round

12 rounds
Jan 2028IPOundisclosed
Jun 2026Later Stage VC$750.0M
May 2026Series F$1.2B
Baillie GiffordleadCoatue Managementlead+ 8 more investors · free account
Nov 2025Series E$1.0B
CapitalGlead+ 9 more investors · free account
Oct 2025Series D$300.0M
Jun 2025Series C$185.0M
Paradigm (Crypto Fund)lead+ 7 more investors · free account
+ 6 earlier rounds · a free account shows the full history
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Frequently asked

How much has Kalshi raised?
Kalshi has raised $2.5B in total across 12 recorded funding rounds.
Who are Kalshi's lead investors?
Lead investors in Kalshi's recorded rounds include Andreessen Horowitz, CapitalG, Sequoia Capital, Baillie Gifford, Coatue Management.
When was Kalshi's last funding round?
Kalshi's most recent recorded round was IPO in Jan 2028.