Kalshi’s valuation marked up to $11B after $1B funding round: TechCrunch
Summary
Kalshi raised an additional $1 billion and pushed its valuation to $11 billion. Sequoia Capital and CapitalG led the round, while several existing backers did not participate. The company had already raised $300 million a month earlier as it expanded to 140 countries. The article also places Kalshi in context with rival Polymarket and notes new integrations with major platforms and services.
Funding
Amount
$1.0B
Total raised
Date
November 20, 2025
Announcement date
Investors
Robinhood, Neo Fund, x.ai, Anthos Capital, Sequoia Capital, Techcrunch, Paradigm, CapitalG, Andreessen Horowitz
Lead investors
Company
https://kalshi.com
Funded company
Classifications
industries
Entertainment
applications
AI & Machine learning
AskAI Classifications
Labels
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