Kalshi Negotiates $1B Raise at $40B Valuation

Startups21 days ago

The prediction market platform Kalshi is in advanced discussions to secure $1 billion in new capital from a mix of existing and prospective backers. Tiger Global and Dragoneer are among the investors in talks to participate in the funding round, according to Reuters.

The proposed investment would value the company at $40 billion, nearly doubling the $22 billion valuation recorded in May. The capital injection is intended to expand the company's resources as it continues to operate its event-based betting markets.

Mapped to your portfolio

Possible scenarios

45%Round Closes Cleanly+0.3%
25%Lower Valuation Compromise-0.1%
20%Regulatory Pushback Returns-0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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Kalshi Negotiates $1B Raise at $40B Valuation

In this story

Kalshi Tiger Global Management Dragoneer Investment Group

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

45%Round Closes Cleanly+0.3%
25%Lower Valuation Compromise-0.1%
20%Regulatory Pushback Returns-0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.