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Company

Kalshi

Rocket Ship RatingBased on the data VC Catalog holds.

Rocket Ship Rating: 99 out of 100

Kalshi is the first CFTC regulated exchange dedicated to trading on the outcome of future events.

Also known as KALSHI INC.

  • Consumer apps & social
  • Wealth & investing
Status
Operatingas of 2026-09-17
Business model
Marketplace
Founded
2018
Customers
both retail and institutional participants
Legal name
KALSHI INC.
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Record updated 2 November 2026

About

We’ve developed a new asset class, event contracts, where you can buy Yes or No positions with respect to whether an event will happen or not. Kalshi’s vision is to allow people to capitalize on their opinions, trade in the domain of every day, and hedge risks that relate to them.

Funding snapshot

Total raised
$1.3BSEC form D sum, as of 2026-09-28Source (opens in a new tab)
Latest round
Series D+, $1B2026-10-30

Funding rounds

Series D+
$1B2026-10-30, Announced, post-money $40B
Round, 2026
$1.1B2026-04-03, SEC form D sold, 71 investors
Round, 2025
$821M2025-11-19, SEC form D sold, 31 investors
Round, 2025
$295M2025-10-08, SEC form D sold, 20 investors
Round, 2025
$125M2025-06-24, SEC form D sold, 14 investors
Round, 2021
$70M2021-11-03, SEC form D sold, 14 investors
Round, 2020
$30M2020-12-18, SEC form D sold, 10 investors
Round, 2020
$6.1M2020-03-04, SEC form D sold, 28 investors

About the company

Y Combinator batch
Winter 2019

Products

Web
Event Contracts
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