Kalshi Secures $1B Series E at $11B Valuation as Prediction Markets Boom
Kalshi's $1 billion Series E round, led by Paradigm with participation from Sequoia and Andreessen Horowitz, cements its position as the dominant player in prediction markets. The funding catapults its valuation to $11 billion amid surging trading volumes.
Weekly trading activity on the platform now exceeds $1 billion—a tenfold increase since 2024. With 3,500+ markets covering real-world events, Kalshi has become indispensable for traders, journalists, and policymakers seeking forward-looking signals.
"We're building the infrastructure for collective intelligence," says CEO Tarek Mansour. The capital will fuel brokerage integrations and media partnerships, expanding Kalshi's reach beyond its current millions of weekly users.