Kalshi

Fintech · Capital Markets
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Fintech · Capital Markets

Kalshi

New York, USA · Series E

Implied valuation

$0B
Live tracking

Valuation Trajectory

$11Blatest
1.4K×
since founding
Jun 2018Jun 2026

Funding-round staircase from founding · log scale. Modeled round ladder anchored to the current valuation — illustrative, not a published figure.

IPO Model Drivers

Why the odds read this way

76%
Financing stage
Series E
Company maturity
8 yrs since founding
Scale & liquidity pull
Private-market valuation
Valuation momentum
-2.1% trailing

Factor weights are illustrative decompositions of the modeled IPO probability, not guarantees.

Down-Round Risk

Valuation downside pressure

Moderate
LOWHIGH
37 / 100

Mixed signals — limited valuation history with 76% modeled IPO odds keep down-round risk in the middle band.

Asset brief

Kalshi is a Fintech · Capital Markets company last marked at $11B. Stage: Series E, $1B raised to date. No verified market-moving events in the last 30 days.

Kalshi is a federally regulated financial exchange that allows investors to trade directly on the anticipated outcome of future events. The platform offers event contracts on a wide range of topics, including economics, politics, and culture, enabling users to hedge against risks and capitalize on their opinions.

Capital Timeline

Funding & liquidity milestones

  • Series E

    $1B raised · $11B

Backed by

No disclosed investors yet.

Comparables

Fintech

Signals

No recent signals for Kalshi.
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