Polymarket
Largest prediction market platform — trade on real-world events
Fintech
📍 New York, NY
Founded 2020
Current Valuation
$9.0B
as of 2025-Q4
UNICORN
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.
Company Profile
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
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 MarketsCryptoDecacorn
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.