Kalshi's $40 Billion Valuation Signals Growing Investor Confidence in Prediction Markets

Kalshi's $40 Billion Valuation Signals Growing Investor Confidence in Prediction Markets

Kalshi raised another $1 billion this week at a $40 billion valuation, up from $22 billion in May. The company’s latest Series G funding round, co-led by Sequoia Capital and Wellington Management, brings its valuation to eight times the $5 billion reported in October 2025. Kalshi also disclosed that its non-sports businesses now generate over $1 billion in annualised revenue. Its institutional business is also growing, with approximately 500 ent…

Coatue, Balyasny and Millennium back Kalshi in $1bn funding round

Several major hedge funds, including, Balyasny, Millennium, and Tiger Global, have participated in a $1bn funding round for prediction market platform Kalshi, valuing the company at $40bn, according to a report by Institutional Investor.The Series G financing, co-led by Wellington and Sequoia Capital, nearly doubles Kalshi's valuation from the $22bn achieved in its previous $1bn funding round less than six months earlier. Coatue and Balyasny wer…

Kalshi raised $1B at $40B from Sequoia and Wellington. Here's the pitch deck behind its first Sequoia cheque

See the pitch deck Kalshi used to raise its $30M Series A from Sequoia, and the deal that almost fell through before its rise to a $40B valuation.

Kalshi’s $40 billion valuation tests investor nerve as legal pressure mounts

Prediction platform Kalshi has secured a $40 billion valuation after a $1 billion Series G round, despite mounting legal and regulatory pressure over its sports event contracts in the US. Sitting down on iGaming Daily, host Charlie Horner was joined by SBC News Editor Ted Orme-Claye and SBC News journalist Patrick Killeen to unpack what […]

Kalshi valuation jumps to $40 billion in latest funding round

Tarek Mansour, co-founder and chief executive officer of Kalshi, during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, Oct. 27, 2026. Michael Nagle | Bloomberg | Getty ImagesKalshi has completed a $1 billion funding round that values the prediction market exchange at $40 billion, the company announced on Thursday. That…