Kalshi in Final Talks to Raise $1 Billion at $40 Billion Valuation
JH Kim
Summary
- Prediction-market platform Kalshi is in final talks to raise $1 billion in new funding at a $40 billion valuation.
- Reuters reported that Tiger Global and Dragoneer are discussing participation in the funding round.
- If the deal is completed, Kalshi’s valuation would rise about 82% from $22 billion in May to $40 billion.
Forecast Trend Report by Period
Prediction-market platform Kalshi is in final talks to raise $1 billion in new funding at a $40 billion valuation, Reuters reported on September 29.
Tiger Global and Dragoneer are among the investors in discussions to participate in the funding round, according to the report.
If completed, the deal would lift Kalshi’s valuation to $40 billion from $22 billion in May, a jump achieved in roughly four months.
That would represent an increase of about 82% over the period.
JH Kim
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