📢 Flash
Kalshi Valuation Soars to $4 billion: Sequoia Doubles Down, Accelerating Expansion Toward Traditional Exchange Boundaries
By Gu Yu
Kalshi is redefining the capital narrative around prediction markets—on October 29, the prediction market platform announced the completion of its Series G funding round, raising $1 billion and lifting its post-money valuation to $40 billion. The round was co-led by Sequoia Capital and Wellington Management, with participation from Baillie Gifford, Morgan Stanley Investment Management, Coatue Management, and Andreessen Horowitz. According to Reuters, Tiger Global and Dragoneer also joined as investors. Notably, this marks Kalshi’s second $1 billion–level funding round in just five months: its Series F round in May valued the company at $22 billion, while its Series D round—held in October 2025—carried an even lower valuation.
Kalshi is redefining the capital narrative around prediction markets—on October 29, the prediction market platform announced the completion of its Series G funding round, raising $1 billion and lifting its post-money valuation to $40 billion. The round was co-led by Sequoia Capital and Wellington Management, with participation from Baillie Gifford, Morgan Stanley Investment Management, Coatue Management, and Andreessen Horowitz. According to Reuters, Tiger Global and Dragoneer also joined as investors. Notably, this marks Kalshi’s second $1 billion–level funding round in just five months: its Series F round in May valued the company at $22 billion, while its Series D round—held in October 2025—carried an even lower valuation.
