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Kalshi - About the company

Kalshi is a series F company based in New York City (United States), founded in 2019 by Tarek Mansour and Luana Lopes Lara. It operates as an Online platform offering event outcome-based betting services. Kalshi has raised $2.8B in funding from investors like Sequoia Capital, Paradigm and Andreessen Horowitz, with a current valuation of $22B. The company has 12 active competitors, including 7 that are funded. Its top competitors include companies like Polymarket, Versus Game and Worm.

Sectors and market segments that Kalshi operate in

Kalshi serves in the FinTech, Media & Entertainment market segments.The primary business model of Kalshi are:

Company Details

Online platform offering event outcome-based betting services. It is a financial exchange that enables users to speculate on the results of events. It is the first exchange of its sort to be officially regulated. It helps people to earn profit from their viewpoints and engage in intellectual commerce. They provide event contracts, a brand-new asset type that is governed by the commodity futures trading commission. The app is available on the Android & iOS platforms.
Website
kalshi.com
Social
XFacebook
Email ID
*****@kalshi.com
Phone Number
+1 **********
Registered Address
San Francisco (United States)
Key Metrics
Founded Year
2019
Location
New York City, United States
Stage
Series F
Total Funding
$2.8B in 11 rounds
Latest Funding Round
Post Money Valuation
$22B as on Apr 20, 2026
Ranked
Employee Count
494 as on Apr 30, 2026
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Kalshi's funding and investors

Kalshi has raised a total funding of $2.8B over 11 rounds. Its first funding round was on Mar 19, 2020. Its latest funding round was a Series F round on May 21, 2026 for $200M. 1 investor participated in its latest round. Kalshi has 32 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Kalshi:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 21, 2026
$200M
Series F
-
-
-
May 07, 2026
$1B
Series F
-
-
Apr 09, 2026
$4.7M
Series E
$22B
-
-
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Kalshi's founders and board of directors

Founder? Claim Profile
The founders of Kalshi are Tarek Mansour and Luana Lopes Lara. Tarek Mansour is the CEO of Kalshi.
Here are the details of Kalshi's key team members:

Kalshi's employee count trend

Kalshi has 494 employees as of Apr 26. Here is Kalshi's employee count trend over the years:
Employee count trend for Kalshi
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Kalshi's Competitors and alternates

Top competitors of Kalshi include Polymarket, Versus Game and Worm. Here is the list of Top 10 competitors of Kalshi, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kalshi
Kalshi
2019, New York City (United States), Series F
Online platform offering event outcome-based betting services
$2.8B
67/100
2nd
Logo for Polymarket
Polymarket
2020, New York City (United States), Series D
Online platform providing crypto-based betting games and activities
$2.3B
66/100
3rd
Logo for Versus Game
Versus Game
2016, San Francisco (United States), Series A
Provider of an AI engine for interactive audience engagement solutions
$54.7M
45/100
4th
Logo for Worm
Worm
2021, San Francisco (United States), Seed
Platform providing predictions on future events across diverse subject matters
$4.5M
38/100
5th
Logo for Manifold Markets
Manifold Markets
2021, Austin (United States), Funding Raised
Online platform to place bets on event outcomes
-
37/100
6th
Logo for BettorFantasy
BettorFantasy
2021, Stewartsville (United States), Seed
Developer of a platform to bet on fantasy sports matchups
-
32/100
7th
Logo for Strike
Strike
2024, New York City (United States), Seed
A digital asset management platform that enables betting on sporting events
$500K
29/100
8th
Logo for TBD
TBD
2021, New York (United States), Seed
Online platform for facilitating elections and gathering votes from the public
$3M
25/100
9th
Logo for OutcomesX
OutcomesX
2021, New York City (United States), Unfunded
Online marketplace for trading social impact outcome unit for investor and funds
-
-
23/100
10th
Logo for CoinChamp
CoinChamp
2015, Denver (United States), Deadpooled
App-based platform to place predictions on event outcomes.
-
-
19/100
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Kalshi's Investments and acquisitions

Kalshi has made no investments or acquisitions yet.

Reports related to Kalshi

Here is the latest report on Kalshi:

News related to Kalshi

lockFilter this list
Media has covered Kalshi for a total of 163 events in the last 1 year, 57 of them have been about company updates and 35 about partnerships.
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