Kalshi raised $1.12 billion via private equity offering since April, valuing the prediction market platform at $40 billion.
VC & Fundraising ·
Kalshi has raised $1.12 billion through a private equity offering that began in April, according to a recent SEC filing. The prediction market platform is now valued at $40 billion following the capital round.
The funding activity reflects ongoing growth in the prediction markets sector. Earlier reporting indicated Kalshi had sought to raise $750 million in fresh capital at the $40 billion valuation, a target the latest filing suggests has been exceeded or is on track to be met through the extended offering period.
Details remain limited on the identity of investors participating in the round, the specific use of proceeds, or whether the offering remains open to additional capital commitments beyond the $1.12 billion already raised.