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Kalshi

Kalshi

Private
New York City, New YorkFinTechhttps://www.kalshi.com

Last Round

Series F

May 7, 2026

Est. Valuation

$22B

Total Funding Raised

$2.57B

Momentum Score

50 /100

Company Overview

Kalshi is a financial technology company that offers an online platform for trading event contracts on a CFTC-regulated exchange, allowing users to bet on various outcomes and potentially earn cash based on their insights and knowledge.

Sector

FinTech

Verticals

Wagering Platforms, Investment Platforms, RegTech

Business Model

B2C

Customer Profile

Marketplace Commission, Payment Processing Fee

AI Layer

Non-AI

Keywords

prediction marketevent contractsregulated exchangeCFTC regulatedfinancial exchangebinary optionsspeculative tradinghedgingsports tradingpolitical tradingDesignated Contract MarketDCMweather derivativesretail tradinginstitutional trading

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Kalshi Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Kalshi Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series FMay 7, 2026
Series E ExtensionApr 9, 2026
Series EDec 2, 2025
Series DOct 10, 2025
Series CJun 25, 2025
Debt
Nov 1, 2024

Secondary Market Activity

Bids, offers, and trades by month

OperationDatePriceSizeShare ClassStructure
BID
OFFER
OFFER
OFFER
OFFER
OFFER

Key People

Founding team and executive leadership

Tarek Mansour

Co-founder And CEO

Founding Team

Rebecca Schick

Chief Financial Officer

Executive Team

Saurabh Tejwani

CFO, Chief Financial Officer

Executive Team

Kalshi Investors

Notable investors and investment history

InvestorRounds
Andreessen HorowitzSeries E, Series F, Series D
Human CapitalSeries A
A16z Cultural Leadership FundSeries E Extension
Multicoin CapitalSeries C
NeoSeed, Debt, Series C, Series E, Series A
Greenoaks Capital PartnersSeries A
SV AngelPre-Seed, Series A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 28, 2026

    Accused of violating state law with text message referral program.

  • Apr 27, 2026

    Adding soybeans, wheat, sugar, copper, nickel, and lithium contracts on April 27, 2026.

Kalshi Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Kalshi Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Kalshi's valuation, stock price, and market status.

Firmographic Details

HeadquartersNew York City, New York
Employee Range454
Year Founded2019
Last FundingMay 7, 2026

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.