When was Polymarket founded?

Polymarket was founded in 2020 and became a unicorn in 2025.

Where is Polymarket located?

Polymarket is headquartered in New York City, United States.

Who is the current CEO of Polymarket?

Shayne Coplan of Polymarket. They have also founded 1 company and are angel investors in 2 startups.

How many employees does Polymarket have?

As of Jun 30, 2026, the latest employee count at Polymarket is 423.

Is Polymarket a funded company?

Polymarket is a funded company, having raised a total of $2.3B across 7 funding rounds to date. The company's 1st funding round was a $4M Seed round, raised on Jul 2020.

How much is Polymarket worth?

The latest valuation of Polymarket is $8B as of Apr 29, 2026.

When was the latest funding round of Polymarket?

Polymarket's latest funding was a $2B Series D round on Oct 07, 2025, with participation from 1 investor.

Is Polymarket a Gambling Tech company?

The primary sector of Polymarket is Gambling Tech.

Where does Polymarket rank among its competitors?

Polymarket ranks 2nd amongst 46 active competitors, of which 13 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Kalshi, which secured $200M in May, 2026.

Who are the top competitors of Polymarket?

Polymarket's top competitors include Kalshi, TradeX and Tube 11. Among them, Kalshi secured the most recent funding round in May, 2026.

Polymarket - 2026 Company Profile, Team, Funding & Competitors

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 $2.3B in funding from investors like Polychain, Founders Fund and General Catalyst, with a current valuation of $8B. 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:

Media & Entertainment > Gambling Tech > ***** **** > ***** ******

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

$2.3B in 7 rounds

Latest Funding Round

Series D, Oct 07, 2025, $2B

Post Money Valuation

$8B as on Apr 29, 2026

Investors

Polychain & 38 more

Ranked

2^nd among 46 active competitors

Employee Count

423 as on Jun 30, 2026

Investment & Acquisitions

Brahma & 1 more

Similar Companies

Kalshi & 55 more

View Polymarket's full profile

Polymarket has raised a total funding of $2.3B over 7 rounds. Its first funding round was on Jul 2020. Its latest funding round was a Series D round on Oct 07, 2025 for $2B. 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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 07, 2025	$2B	Series D	$9B	-	-	Intercontinental Exchange
Aug 26, 2025	Undisclosed	Series D	$1B	-	-	1789 Capital
Jul 18, 2025	$135M	Series D	-	-	-	-

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View details of Polymarket's funding rounds and investors

The 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 423 employees as of Jun 26. Here is Polymarket's employee count trend over the years:

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Top competitors of Polymarket include Kalshi, TradeX and Tube 11. Here is the list of Top 10 competitors of Polymarket, ranked by Tracxn score:

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	Sequoia Capital, Paradigm & 35 others	72/100
2nd	Polymarket 2020, New York City (United States), Series D	Online platform providing crypto-based betting games and activities	$2.3B	Founders Growth Equity Fund, Founders Fund ... & 37 others	66/100
3rd	TradeX 2021, Delhi (India), Seed	Online trading platform for social events	$1.5M	Wellfound, TDV Partners & 49 others	50/100
4th	Tube 11 2022, Gurugram (India), Seed	Fantasy gaming application offering real-money rewards	$3.5M	Java Capital, Metaplanet & 14 others	48/100
5th	Versus Game 2016, San Francisco (United States), Series A	Provider of an AI engine for interactive audience engagement solutions	$54.7M	Plus Eight Equity Partners, NewView Capital ... & 46 others	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	Advancit Capital, Borderless Capital & 3 others	38/100
8th	Manifold Markets 2021, Austin (United States), Funding Raised	Online platform to place bets on event outcomes	-	Leonis Capital, Soma Capital	37/100
9th	Wetark Technologies 2021, Mumbai (India), Seed	Online platform to trade in event outcomes for individuals	$93K	Anicut Capital	35/100
10th	Polkamarkets 2021, Tallinn (Estonia), Funding Raised	Web3‑based decentralized prediction‑market platform	-	Moonrockcapital, Vysyn & 1 others	33/100