Kalshi Secures $1 Billion Funding Round Led By Sequoia And Wellington

Kalshi, a New York-based prediction-market startup, has raised $1 billion in a new funding round at a $40 billion valuation, co-led by Sequoia and Wellington, with participation from Tiger Global Management and Dragoneer Investment Group. The raise comes just over five months after the company secured another $1 billion at a $22 billion valuation. Kalshi is expanding beyond sports and election event contracts to become a multi-asset trading platform, having entered perpetual futures trading in 2026 across cryptocurrencies, equity indexes, and metals.

FOUNDERS: Tarek Mansour & Luana Lopes Lara

INVESTORS: Sequoia, Wellington, Tiger Global Management & Dragoneer Investment Group

AMOUNT: $1,000,000,000 VALUATION: $40,000,000,000

HQ: New York, New York

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