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Kalshi

Valuation
$22B
Basis and date
Funding round · May 1, 2026
Rank by valuation
#20
Sector · country
Finance · United States
Revenue (reported, 2025)
$260M

Valuation history

DateBasisValuationSource
May 1, 2026Funding round$22BSource: Kalshi Raises $1 Billion at $22 Billion Valuation as Institutional Volume Surges ↗

The latest reported valuation, with the report it came from.

Funding rounds filed with the SEC

First saleAmount soldOffering sizeInvestorsSecurity
Apr 3, 2026$1.1B$1.5B71Equity
Nov 19, 2025$821M$1000M31Equity
Oct 8, 2025$295M$390M20Equity
Jun 24, 2025$125M$125M14Equity
Nov 3, 2021$70M$70M14Equity
Dec 18, 2020$30M$30M10Equity
Mar 4, 2020$6M$6M28Equity

From the company’s Form D notices (SEC filings ↗). Form D reports the amount sold, not the valuation or the investors’ names.

Executives and directors

  • Tarek Mansour · Executive Officer, Director (SEC Form D)

Founders

Tarek Mansour and Luana Lopes Lara

IPO status

Not on the IPO Calendar.

Valuations are point-in-time marks, not trading prices, and private shares are not generally available to retail investors. Data: Wikipedia’s list of unicorn startup companies and the company’s article (CC BY-SA 4.0), and SEC Form D filings, company article. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error