Kalshi Raises $1 Billion in Series G Funding at $40 Billion Valuation
JOON HYOUNG LEE
Summary
- U.S. prediction market platform Kalshi said it has raised $1 billion in new funding.
- Kalshi CEO Tarek Mansour said the company has completed a $1 billion Series G funding round.
- The Series G funding round was led by Sequoia Capital and Wellington Management, with participation from Morgan Stanley Investment Management and Andreessen Horowitz (a16z), among others.
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Kalshi, a U.S. prediction market platform, has raised $1 billion in new funding.
The New York Times and other media outlets reported on October 29 that Kalshi CEO Tarek Mansour said the company had completed a $1 billion Series G funding round that day.
The Series G round was led by Sequoia Capital and Wellington Management. Morgan Stanley Investment Management and Andreessen Horowitz, or a16z, also participated.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul