Co-founder & CEO
Profile summary: BS in Electrical Engineering and Computer Science, Mathematics at Massachusetts Institute of Technology
Kalshi
10/10Traction
Kalshi operates a federally regulated prediction market exchange where users trade event contracts reflecting the probability of real-world outcomes, from U.S. elections and Federal Reserve decisions to crypto prices and weather. The platform uses a transparent order-book system with contracts priced between $0.01 and $0.99, and supports retail and institutional traders via web, mobile, and API access.
- Financial Technology
- Commerce & Shopping
- Software Only
- Applications
- Blockchain & Cryptocurrency
Updated 2 days ago
Funding
Raised to date
$3.5BRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 7 rounds
+23$1B · Series G+
Announced Oct 2026 · from article date
Disclosed cumulative: $3B
5/5
Not on chart (date unknown): Series D $300M, Series C $185M
RoundDateAmountValuationInvestors
Founders
Product
Problem
Individuals and institutions lack accessible, legal, and transparent venues to speculate on or hedge against the probability of specific future events. Traditional prediction methods often operate in regulatory gray areas, suffer from low liquidity, or lack the market infrastructure needed for broad participation and reliable price discovery.
Solution
Kalshi operates a federally regulated prediction market exchange that allows users to trade on the outcomes of diverse real-world events, including U.S. elections, Federal Reserve decisions, economic indicators, cryptocurrency prices, and weather patterns. The platform uses a straightforward buy-and-sell order book where contracts trade between $0.01 and $0.99, reflecting the market's implied probability of an event occurring. Kalshi provides a transparent, CFTC-regulated environment with real-time market data, news feeds, and a user-friendly interface, enabling informed speculation and risk management. The exchange supports both retail and institutional participation through its web platform, mobile app, and programmatic API access.
Target Audience
Primary users are retail traders and investors interested in event-driven speculation, political enthusiasts tracking election odds, and institutional or professional traders seeking to hedge macroeconomic, financial, or geopolitical risks through a regulated venue.
Features
- CFTC-regulated exchange with cash-settled event contracts, providing legal clarity and investor protections
- Order-book trading mechanism with continuous two-sided markets, enabling users to buy and sell positions at market-driven prices
- Diverse market categories spanning politics, economics, finance, climate, and pop culture, with new markets launched regularly
- Real-time market data, price charts, and news feeds integrated directly into the trading interface
- REST and WebSocket API for programmatic trading, algorithmic strategies, and integration with external systems
- Mobile application for iOS and Android, offering full trading functionality and portfolio management on the go
- Portfolio analytics dashboard with profit/loss tracking, position history, and market performance metrics