Kalshi officially completes $1 billion Series E funding round, led by Paradigm

Foresight News reported that Kalshi has announced the completion of a $1 billion Series E financing round, reaching a valuation of $11 billion. This round was led by Paradigm, with participation from Sequoia, Andreessen Horowitz, Meritech Capital, IVP, ARK Invest, Anthos Capital, CapitalG, and Y Combinator. Kalshi will use these funds to accelerate consumer adoption, integrate more brokerage firms, establish new partnerships, and expand its product offerings.

According to previous Foresight News coverage, TechCrunch cited sources on November 21 reporting that the prediction market platform Kalshi had completed a $1 billion financing round at a valuation of $11 billion, but the lead and participating investors differed from those officially disclosed this time.