Kalshi

Other Financial ServicesWebsite
Current Valuation
$11.0B
As of December 2, 2025
Total Funding Raised
$1.5B
Across 9 rounds
Total Valuation Growth
+513918.7%
Since first funding
Last Round
Series E

$1000.0M

Last Funding
Dec 2025

Funding date

Capital Efficiency
7.18x

Valuation / Funding

Global Rank
#17

By valuation

Funding History & Valuation Timeline
Complete history of all funding rounds and valuation milestones
DateRoundAmountPost-ValuationGrowth
December 2, 2025Later Stage VC$1.0B$11.0B
+120.0%
October 23, 2025Later Stage VC$300.0M$5.0B
+150.0%
June 25, 2025Later Stage VC$185.0M$2.0B
+154.1%
November 2, 2021Early Stage VC$70.0M$787.0M
+555.8%
February 17, 2021Early Stage VC$30.0M$120.0M
+258.2%
March 19, 2020Seed Round$3.5M$33.5M
+115.2%
July 24, 2019Seed Round$570.0K$15.6M
+94.6%
May 1, 2019Seed Round$2.0M$8.0M
+273.8%
March 23, 2019Accelerator/Incubator$150.0K$2.1M-
Valuation Analysis

Current Valuation Metrics

Kalshi is currently valued at $11.0B as of December 2, 2025. The company has raised a total of $1.5B in funding across 9 funding rounds.

Capital Efficiency

With a capital efficiency ratio of 7.18x, Kalshi has achieved a valuation that is 7.18 times the total capital raised.

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What is Kalshi Worth in 2026?

Kalshi is a leading private company in the Other Financial Services sector. Track Kalshi's valuation history, funding timeline, and implied market value from secondary transactions on Premier Alternatives.

How Kalshi Valuation is Determined

Private company valuations like Kalshi's are determined through primary funding rounds led by venture capital firms, private equity investors, and strategic partners. The valuation reflects factors including revenue growth, market opportunity, competitive positioning, and investor sentiment.