Kalshi

1st federally regulated exchange where people can trade on events

New York, United States · Founded 2019 · $1.5B raised

Headquarters
New York, New York
Employees
11–50
Founded
2019
Business Model
B2C
Website
kalshi.com
Total Funding
$1.5B
Last Round
$1.0B Series EDec 2025
Rounds
5

About

Kalshi (www.kalshi.com) is the first federally regulated exchange where you can trade on the outcome of events. We built Kalshi because we believe that people should be able to capitalize on what they know and have opinions on. We make this possible by expanding what people can trade on and allowing them trade in the domain of everyday knowledge. Kalshi is developing a new asset class, “event contracts,” and a financial exchange for trading on the outcome of events: we are federally regulated by the CFTC as the first-ever legal futures exchange in the U.S. for trading on a broad category of events.

Summary

Kalshi is a Financial Services company based in New York, United States, founded in 2019. It has raised $1.5B in total across 5 rounds, most recently a $1.0B Series E round in Dec 2025. Investors include Paradigm, Sequoia Capital and Andreessen Horowitz.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Series ESeries EDec 2025
$1.0B

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Full funding history, per-round amounts, and investor participation.

Investors

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