Kalshi Raised $1 Billion at a $40 Billion Valuation in a Round Co-Led by Sequoia and Wellington
Friday, October 30, 2026 · first reported by HedgeCo
Kalshi, a federally regulated U.S. prediction market exchange, raised $1 billion in a Series G that values the company at $40 billion post-money, compared with $22 billion in May. Wellington Management and Sequoia Capital led the round together. Other participants included Baillie Gifford, Stripes, Andreessen Horowitz, Coatue, Layer Global, Morgan Stanley Investment Management, Sequoia Global Equities, CapitalG, Hudson River Trading and Balyasny Asset Management.
The proceeds are earmarked for broader institutional use and new offerings: indices, perpetual futures on single stocks, and contracts tied to compute prices. Kalshi said its annualized trading volume has topped $1 trillion.
- Firm
- Kalshi
- Also named
- Wellington Management, Sequoia Capital, Balyasny Asset Management
- Size
- $1B
- Stage
- Raising
- Asset class
- Hedge funds
- Geography
- North America
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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