Kalshi Inc.

Kalshi Inc. , based in the US, operates a novel prediction market platform that allows users to trade on outcomes of future events across various categories such as politics, economics, and sports. Founded in 2018 by Tarek Mansour and Luana Lopes Lara, and headquartered in New York, US, Kalshi Inc. offers a unique platform for trading on future event outcomes.

In March 2026, Kalshi Inc. raised approximately USD 1 billion in venture funding led by Coatue Management. The funding values Kalshi Inc. at USD 22 billion post-money.

As of April 2026, the company is led by its CEO Tarek Mansour. Kalshi operates a pioneering prediction market platform that enables users to trade on the outcomes of future events, covering a wide range of categories including politics, economics, and sports. Users can create and engage in markets that reflect their expectations, facilitating real-time price discovery of event probabilities. The platform supports a diverse clientele, including retail investors, professional traders, and organizations looking to leverage predictive insights for better decision-making, primarily serving the US market.

Kalshi generates revenue through transaction fees associated with trades on its prediction market platform. As users engage in trading, they incur fees based on transaction volume and frequency, establishing a steady stream of income as contracts representing predictions on future events are bought and sold. The structure is focused on direct transactions between Kalshi and its clients, enhancing its position as a facilitator of market insights. The company will use the 2026 funding to support continued growth of its prediction market platform, including scaling operations and meeting regulatory and legal requirements as trading volumes and institutional participation increase.