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POLYMARKET
Polymarket
Cryptocurrency / Prediction Markets · Panama City, Panama · United States · Founded · 2020 · ≈ · 100 · employees

Polymarket Funding — Last Valued at $20B

Private

Polymarket has raised $1.8B across 6 funding rounds, plus 1 undated round. The latest round valued Polymarket at $20B rumored, with 1789 Capital on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Polymarket funding · at a glance
Total raised, all rounds
$1.8B
some round sizes not disclosed
Funding rounds
6
plus 1 undated round
Latest round
$20B
rumored · Aug 2026
Lead on that event
1789 Capital
1789 Capital contributed $300 million to this round on top of $200 million previously invested
2026
Funding timeline

The Polymarket funding timeline

6 funding rounds, the latest highlighted.

2020
Polymarket founded

Polymarket was founded in 2020, United States.

UNDATED
Strategic equity investment

No date is disclosed for this round.

OCT 2020
Seed

Naval Ravikant and other angel investors. $4M raised, led by Polychain Capital.

Valuation basisAmount$4MPrice / shareLeadPolychain Capital
DEC 2021
Series A

Polychain Capital (follow-on). $25M raised, led by General Catalyst.

Valuation basisAmount$25MPrice / shareLeadGeneral Catalyst
MAY 2024
Series B

Vitalik Buterin, Blockchain Capital, Polychain Capital. $45M raised, led by Founders Fund.

Valuation basisAmount$45MPrice / shareLeadFounders Fund
JAN 2025
Series C at $1.2B post-money

Coinbase Ventures, Blockchain Capital, Point72 Ventures. $150M raised, led by Founders Fund.

Valuation basispost-moneyAmount$150MPrice / shareLeadFounders Fund
OCT 2025
Series D at $8B pre-money

A primary round — the company sells new shares to investors it selects. Led by Intercontinental Exchange.

Valuation basispre-moneyAmountPrice / shareLeadIntercontinental Exchange
AUG 2026LATEST
Growth round at $20B rumored

1789 Capital contributed $300 million to this round on top of $200 million previously invested. $1B raised, led by 1789 Capital.

Valuation basisrumoredAmount$1BPrice / shareLead1789 Capital
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Polymarket funding rounds in full

6 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Growth round LATEST
Aug 2026
$1B
$20Brumored
—
1789 Capital
1789 Capital contributed $300 million to this round on top of $200 million previously invested
Series D
Oct 2025
—
$8Bpre-money
—
Intercontinental Exchange
—
Series C
Jan 2025
$150M
$1.2Bpost-money
—
Founders Fund
Coinbase Ventures, Blockchain Capital, Point72 Ventures
Series B
May 2024
$45M
—
—
Founders Fund
Vitalik Buterin, Blockchain Capital, Polychain Capital
Series A
Dec 2021
$25M
—
—
General Catalyst
Polychain Capital (follow-on)
Seed
Oct 2020
$4M
—
—
Polychain Capital
Naval Ravikant and other angel investors
Strategic equity investment
—
$600M
$15Bpost-money
—
Intercontinental Exchange
—
Polymarket · investors

Investors

IIntercontinental ExchangeLEAD1789 CapitalLEADFounders FundLEADGeneral CatalystLEADPPolychain CapitalLEADDD.E. Shaw & Co

Frequently asked questions

Is Polymarket publicly traded?›

No. Polymarket is a private company; its shares do not trade on a public exchange.

What is Polymarket's valuation?›

The last valuation is $20B (rumored, Aug 2026).

Who are Polymarket's competitors?›

The closest cryptocurrency / prediction markets peers are on the competitors page.

How can I get exposure to Polymarket?›

The routes section explains what is realistically available for a company at this stage.

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