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Kalshi's valuation has risen to $11 billion after completing a $1 billion financing round.
[Kalshi raises its valuation to $11 billion after completing $1 billion in funding] The regulated prediction market platform Kalshi in the U.S. has completed a $1 billion funding round, with the company’s valuation reaching $11 billion. This round of funding was led by existing investors Sequoia Capital and CapitalG, with participation from Andreessen Horowitz, Paradigm, Anthos Capital, and Neo. This valuation increase brings Kalshi closer to the valuation target of $12 billion to $15 billion sought by its competitor Polymarket. Moreover, just a month ago, Kalshi announced the completion of a $300 million funding round, reaching a valuation of $5 billion, highlighting the strong interest from investors in the booming prediction market sector.