Kalshi raises $1B at $40B valuation, nearly doubling in five months
Tech Funding News· Sofia Chesnokova·· 2 hours agoTop DealsAI Score88
Kalshi raises $1B at $40B valuation, nearly doubling in five months
Kalshi nearly doubles to $40B in five months with $1B from Sequoia and Wellington
AI Overview
Kalshi raised $1B in a Series G co-led by Sequoia Capital and Wellington Management at a $40B valuation.
Why it matters
Kalshi's 82% valuation jump in five months and its shift toward public-market investors show how prediction markets are being priced ahead of a possible IPO.