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Early Kalshi employees plan to raise $35 million in forecasting market fund Polymarket and Kalshi CEO to participate in the investment
5c(c)Capital, a venture capital firm founded by two former Kalshi employees, is planning to raise up to $35 million to invest in forecasting market-related startups. The fund has been supported by KalshiCEOtarek Mansour and Polymarket CEOShayne Coplan. Other investors also include Andreessen Horowitz, RibbitCapital and Multicoin Capital. Reported that the fund plans to invest in about 20 companies in the next two years, focusing on market makers, index design and other predicting market infrastructure directions.