Kalshi’s $1 Billion Series F Round Elevates Valuation to $22 Billion
- Kalshi raised $1 billion in a Series F funding round, reaching a valuation of $22 billion.
- Investment firm Coatue led the round, with participation from Sequoia Capital, Andreessen Horowitz, and others.
- The platform commands 90% of U.S. prediction market activity with over two million monthly users.
- Weekly trading volumes surged to $3 billion from $100 million a year ago.
- Annualized trading volume reached $178 billion, tripling from six months ago.
Kalshi has seen rapid growth in the prediction market sector, now generating $1.5 billion in annualized revenue while maintaining significant user engagement and trading activity levels. The funding reflects growing investor interest in platforms facilitating real-world event trades.
With Kalshi capturing a major share of U.S. prediction markets and experiencing substantial growth in trading volumes, its recent funding highlights the increasing institutional interest and potential for further expansion within this sector.( Source)
