Kalshi is a private company building in prediction markets / event contracts, founded in 2018. The latest valuation stands at $22B (post-money). No public ticker exists for the company.
4 valuations. The latest, $22B post-money, was set by the Series F in May 2026.
ParadigmLEAD
CoatueLEAD
TCVLEADFFactory HoldingsLEAD
Andreessen HorowitzLEADSSequoia CapitalLEAD
Y CombinatorLEAD
Paradigm
Coatue
TCVFactory HoldingsKalshi operates a federally regulated prediction market where traders buy and sell contracts on the outcome of real-world events, from elections to sports to company milestones. Kalshi Inc. is a prediction market platform based in Manhattan, New York City, that launched in July 2021, and it was founded in 2018 by Tarek Mansour and Luana Lopes Lara.
Kalshi is the first regulated exchange where you can buy and sell contracts on the outcome of events, with each contract worth $1 if the buyer is right. It is federally regulated as a Designated Contract Market by the Commodity Futures Trading Commission, and its affiliate Kalshi Klear clears trades across politics, culture, and sports markets.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Kalshi.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. Kalshi availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — Kalshi included.
The last valuation is $22B (post-money, May 2026).
Lead investors for each round are in the funding timeline.
The closest prediction markets / event contracts peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.