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Polymarket

Largest prediction market platform — trade on real-world events
Polymarket is the world's largest prediction-market platform, where users trade USDC-denominated shares in the outcomes of real-world events — elections, sports, economic indicators, geopolitics. It processed over $10B in volume during the 2024 US presidential election cycle and became a mainstream alternative data source for political and macro forecasting. In July 2025 it acquired CFTC-licensed exchange QCEX/QCX to relaunch legally in the US, and in October 2025 closed a $2B strategic round led by Intercontinental Exchange (ICE), valuing the company at ~$9B.
Fintech 📍 New York, NY Founded 2020
Current Valuation
$9.0B
as of 2025-Q4
UNICORN

QL Price

$21B
0% vs last round
QuantLogix's current estimate for Polymarket, published 2026-10-07 — in line with the last disclosed round of $21B (2026-09).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round $21B 2026-09 weight 0.93
Secondary market print $21B 2026-06-27 weight 0.54
How this price has held up
No round has priced for Polymarket since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Polymarket →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Polymarket, 2026-10-07 (c29a1c455a359b48). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Polymarket going public?
No. Polymarket has no imminent IPO plans on record. It is still private.
What is Polymarket's valuation in 2026?
Polymarket is valued at $9.0B as of 2025-Q4, set by its Strategic round ($2.0B, Oct 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Polymarket filed an S-1?
No public S-1 is on file for Polymarket.
Who are Polymarket's investors?
Polymarket's investors include Intercontinental Exchange (ICE), Founders Fund, Peter Thiel, Vitalik Buterin, 1confirmation, ParaFi and 2 more.
How much has Polymarket raised?
Polymarket has raised $2.2B in total, most recently a Strategic round of $2.0B in Oct 2025.
Is Polymarket publicly traded — can you buy Polymarket stock?
No. Polymarket is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Polymarket on its Pre-IPO Access Desk.
How to actually get exposure to Polymarket →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Shayne Coplan
Founded
2020
HQ
New York, NY
Employees
~100
Total Raised
$2.2B
Growth
$10B+ in 2024 election volume; explosive 2025 growth
Last Round
Strategic round — $2.0B (Oct 2025) · Lead: Intercontinental Exchange (ICE)
IPO Status
no imminent plans

Fundraising Status

Strategic round · $2.0B · 1y ago
no imminent plansTotal raised $2.2B

Secondary Market

Implied price / share
$143.83
Last round price / share
$144.08
vs last round
-0.2%
Open interest
9
Last round price vs secondary price
Last round vs current secondary price per share$144Last round$144Current
Secondary price return by period
Secondary market period returns3-month-1.3%6-month+2.7%1-year+351%All-time+1338%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Strategic round$2.0BOct 2025Intercontinental Exchange (ICE)—

Talent Signal

Hiring trend
▶ Hiring steady
+3% vs 2026-08
Open roles
76
via ashby
Product-build share
53%
engineering, research, product, design
Trajectory
steady
product-led hiring — 53% of open roles build product; the rest are go-to-market and G&A.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month74Aug '2676Sep '26
Open roles by function
Open roles by functionEngineering27Other16Research6Finance & Strategy6Ops & People6Marketing4Product3Data & ML2Legal & Policy2
■ product-building   ■ go-to-market / G&A
Director, Data PlatformSenior Data Scientist / Analyst, FinanceSoftware Engineer, Polymarket USSenior Systems Engineer (C/C++), Exchange CoreSenior Backend Engineer, Exchange CoreSoftware Engineer, Mission Control
Counted from Polymarket's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Shayne Coplan

Investors

Intercontinental Exchange (ICE) · Founders Fund · Peter Thiel · Vitalik Buterin · 1confirmation · ParaFi · Blockchain Capital · General Catalyst

Products

  • Polymarket prediction markets (politics, sports, crypto, culture)
  • Polymarket US (post-QCEX acquisition, CFTC-licensed)
  • API for market data
  • Embed widgets

Competitors

Kalshi · PredictIt · Manifold Markets · Augur (defunct)
FintechPrediction MarketsCrypto
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q4. Refreshed quarterly.