Skip to content

Kalshi

4 viewers · 30d

Total raised

$1.31B

4 filings since 2021 · latest Equity filed

Cumulative raised
LAST ROUND
Equity · $820.8M
ROUNDS
4
INVESTORS
31
FOUNDED
N/A
HQ
New York, NY
SECTOR
Fintech
EMPLOYEES
N/A
30D VIEWERS
4

AI overview

Updated

Kalshi Inc. operates a financial exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC). The platform allows users to trade event contracts, which are financial instruments based on the outcomes of real-world events across categories like economics, politics, weather, and culture.

What sets it apart

Kalshi is distinguished as the first federally regulated U.S. exchange dedicated to a broad range of event contracts, providing a legal and structured environment for hedging and speculation that contrasts with unregulated offshore markets.

Funding history

4 rounds
EquityNov 19, 2025
Form D
+$820.8M$1.31B total
EquityOct 8, 2025
Form D
+$294.5M$489.5M total
EquityJun 24, 2025
Form D
+$125.0M$195.0M total
EquityNov 3, 2021
Form D
+$70.0M$70.0M total

Products

1 tracked

Kalshi Event-Contract Exchange

Event Contract Exchange

The primary offering is an online trading platform where users buy and sell 'yes' or 'no' contracts on the outcomes of specific future events. The prices of these contracts, ranging from 0 to 100 cents, represent the market-implied probability of an event occurring, settling at 100 if the event happens and 0 if it does not.

  • Macroeconomic and financial markets (e.g., inflation rates, GDP growth)
  • Politics and policy markets (e.g., election outcomes, legislative passage)
  • Weather and climate markets
  • Culture and entertainment markets (e.g., award shows)