Polymarket - About the company
Polymarket is a series D company based in New York City (United States), founded in 2020 by Shayne Coplan. It operates as an Online platform providing crypto-based betting games and activities. Polymarket has raised $3.3B in funding from investors like Polychain, Founders Fund and General Catalyst, with a current valuation of $20B. The company has 46 active competitors, including 13 funded and 2 that have exited. Its top competitors include companies like Kalshi, TradeX and Tube 11.
Sectors and market segments that Polymarket operate in
Polymarket serves in the Media & Entertainment market segments.The primary business model of Polymarket is:Company Details
Online platform providing crypto-based betting games and activities. It is a crypto gambling platform offering various games for users. It allows users to place bets on various sports tournaments and leagues. The platform is offering cryptocurrency-based prediction market solutions, where users can buy and sell shares representing future event outcomes.
- Website
- polymarket.com
- Social
- Email ID
- *****@polymarket.com
Key Metrics
Founded Year
2020
Location
New York City, United States
Stage
Series D
Total Funding
$3.3B in 8 rounds
Latest Funding Round
Post Money Valuation
$20B as on Aug 20, 2026
Ranked
2nd among 46 active competitors
Employee Count
512 as on Aug 31, 2026
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Polymarket's funding and investors
Polymarket has raised a total funding of $3.3B over 8 rounds. Its first funding round was on Jul 2020. Its latest funding round was a Series D round on Sep 01, 2026 for $1B. 1 investor participated in its latest round. Polymarket has 24 institutional investors and 15 angel investors.
Here is the list of recent funding rounds of Polymarket:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 01, 2026 | $1B | Series D | - | - | - | |
Oct 07, 2025 | $2B | Series D | $9B | - | - | |
Aug 26, 2025 | Undisclosed | Series D | $1B | - | - |
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Polymarket's founders and board of directors
Founder? Claim ProfileThe founders of Polymarket is Shayne Coplan. Shayne Coplan is the CEO of Polymarket.
Here are the details of Polymarket's key team members:
- Shayne Coplan: Founder & CEO of Polymarket. They are also an angel investor in 2 startups.Contact Info: 1 email address
View details of Polymarket's Founder profiles and Board Members
Polymarket's employee count trend
Polymarket has 512 employees as of Aug 26. Here is Polymarket's employee count trend over the years:
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Polymarket's Competitors and alternates
Top competitors of Polymarket include Kalshi, TradeX and Tube 11. Here is the list of Top 10 competitors of Polymarket, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Kalshi 2019, New York City (United States), Series F | Online platform offering event outcome-based betting services | $2.8B | 72/100 | |
2nd |  Polymarket 2020, New York City (United States), Series D | Online platform providing crypto-based betting games and activities | $3.3B | 74/100 | |
3rd | Online trading platform for social events | $1.5M | 50/100 | ||
4th | Fantasy gaming application offering real-money rewards | $3.5M | 48/100 | ||
5th |  Versus Game 2016, San Francisco (United States), Series A | Provider of an AI engine for interactive audience engagement solutions | $54.7M | 45/100 | |
6th |  Piki Unfunded | Provider of an online music prediction market for user taste predictions | - | - | 40/100 |
7th |  Worm 2021, San Francisco (United States), Seed | Platform providing predictions on future events across diverse subject matters | $4.5M | 38/100 | |
8th |  Manifold Markets 2021, Austin (United States), Funding Raised | Online platform to place bets on event outcomes | - | 37/100 | |
9th |  Wetark Technologies 2021, Mumbai (India), Seed | Online platform to trade in event outcomes for individuals | $93K | 35/100 | |
10th |  Polkamarkets 2021, Tallinn (Estonia), Funding Raised | Web3‑based decentralized prediction‑market platform | - | 33/100 |
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Polymarket's Investments and acquisitions
Polymarket has acquired 2 companies including Brahma and DomeAPI. Polymarket has not made any investments as of now.Reports related to Polymarket
Here is the latest report on Polymarket:
News related to Polymarket
Filter this listMedia has covered Polymarket for a total of 202 events in the last 1 year, 88 of them have been about company updates and 29 about partnerships.
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Polymarket Launches Squads, Bringing Group Chat to Prediction MarketsPR Newswire•Sep 08, 2026•Polymarket
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LeBron James Teases Polymarket Deal as Prediction Market Hype ExplodesBitcoin•Sep 05, 2026•Polymarket
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Polymarket Launches Leverage Trading Platform 'Perps' for Global UsersThe Crypto Times•Sep 04, 2026•Polymarket
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1789 Capital Leads Funding Round for Polymarket, Valuing It at $21BCryptocurrency•Sep 01, 2026•1789 Capital, Polymarket
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Polymarket reportedly raises $300 million from Donald Trump Jr.'s investment fundTechCrunch+•Sep 01, 2026•1789 Capital, Polymarket, Bloomberg
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C1 Fund Expands Crypto Holdings to 11 Firms, Adding PolymarketCryptonews•Aug 31, 2026•Polymarket, C1
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Polymarket Expands Sports League Reach via Sportradar PartnershipPYMNTS.com•Aug 28, 2026•Sportradar, Polymarket
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Polymarket US Withdraws NFL Player Participation Contract FilingsFinance Magnates•Aug 27, 2026•Polymarket
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Polymarket Military Bets Expose Security Risks Amid Soldier's Insider Trading CaseReadWrite•Aug 21, 2026•Polymarket
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NYSE Parent May Invest Further in Polymarket as Valuation Surpasses $20 BillionCryptocurrency•Aug 20, 2026•Intercontinental Exchange, Polymarket, 1789 Capital, Bloomberg
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