Kalshi
Regulated prediction market exchange for trading on real-world events
Fintech
📍 New York, NY
Founded 2018
Current Valuation
$24B
as of 2026-Q1
DECACORN
Kalshi is the first federally regulated prediction market exchange in the United States, operating as a CFTC-designated contract market. The platform enables users to trade event contracts on real-world outcomes across sports, politics, economics, entertainment, and other categories. Founded by MIT alumni, Kalshi has grown rapidly to capture over 90% of U.S. prediction market activity.
Company Profile
Est. Revenue
$1.5B (2026-Q1)
Growth
~800% institutional volume growth (6 mo), ~1000% YoY revenue
Last Round
Series F — $1.0B (Mar 2026)
Founders & Key People
Tarek MansourLuana Lopes Lara
Investors
Coatue · Sequoia Capital · Andreessen Horowitz · Paradigm · IVP · Morgan Stanley · ARK Invest · Meritech Capital · Y Combinator · CapitalG
Products
- Sports betting markets
- Election & political markets
- Economics & finance markets
- Entertainment & culture markets
- Weather & climate markets
- Technology & science markets
- International affairs markets
- Health & public policy markets
Competitors
Polymarket · PredictIt · Robinhood · FanDuel
prediction marketsfintechCFTC-regulatedevent contractssports bettingfinancial exchange
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q1. Refreshed quarterly.