Prediction Market Platform Kalshi Raises $185 Million, Hits $2 Billion Valuation

Founded by Tarek Mansour(CEO) and Luana Lopes Lara, Kalshi has raised $185 Million in Series C led by led by leading crypto VC Paradigm, with participation from Sequoia, Multicoin, Neo, BOND capital, Citadel Securities CEO Peng Zhao.

With this funding, Kalshi is scaling engineering and infrastructure, integrating with more brokerages, expanding liquidity, and building new market structures to unlock even more power for users.

Prediction markets have long held potential—to make the future clearer, finance more transparent, and institutions more accountable—but lacked the foundation to thrive. Kalshi is changing that by delivering the trust, legality, infrastructure, and usability they’ve always needed.

In the coming months, Kalshi will launch new market types, partner with more brokerages and institutions, enter new verticals, and expand access for professional traders. Kalshi is also growing its high-performing team across all departments. Their vision is to make Kalshi the next evolution of financial markets—a platform that transforms how people express and act on their opinions about the future.