Kalshi Raises $1B Series G
Kalshi raises $1B in a Series G funding round led by Wellington and Sequoia to expand its prediction market exchange and launch new financial products.
Kalshi Raises $1B Series G at $40B Valuation
Kalshi, a financial exchange platform based in the United States, has raised $1 billion in a Series G funding round. The company provides a prediction market platform that allows users to trade on the outcome of real-world events, including economic indicators, political outcomes, and commodity price movements.
Investors
The funding round was co-led by Wellington and Sequoia. Additional investors participating in the round include Baillie Gifford, Stripes, Andreessen Horowitz, Coatue, Layer Global, Morgan Stanley Investment Management, Sequoia Global Equities, CapitalG, Hudson River Trading, and Balyasny Asset Management.
Kalshi Use of Funds
Kalshi plans to use the new capital to grow its exchange, develop new financial assets, and expand access to its platform globally. Specifically, the company intends to accelerate the growth of its prediction markets, increase institutional adoption, and launch new products such as indices, single-stock perpetual futures, and compute markets. Additionally, funds will be directed toward institutional sales, distribution, and product development, as well as international expansion with a focus on Latin America and Europe.
About Kalshi
Founded by Tarek Mansour and Luana Lopes Lara, Kalshi operates a regulated prediction market platform that allows users to trade event contracts based on real-world outcomes. The platform enables individuals, businesses, and institutions to trade on future events and manage exposure to real-world risks, ranging from policy decisions to weather events.
Funding Details
Company Website: https://kalshi.com
Company: Kalshi
Raised: $1B
Round: Series G
Funding Date: October 2026
Lead Investor: Wellington, Sequoia
Additional Investors: Baillie Gifford, Stripes, Andreessen Horowitz, Coatue, Layer Global, Morgan Stanley Investment Management, Sequoia Global Equities, CapitalG, Hudson River Trading, Balyasny Asset Management
Software Category: Financial Technology
Source: https://news.kalshi.com/p/kalshi-series-g-40-billion-valuation
