Kalshi
$300.0M
Funding date
Valuation / Funding
Current Valuation Metrics
Kalshi is currently valued at $11.0B as of October 23, 2025. The company has raised a total of $1.6B in funding across 9 funding rounds.
Capital Efficiency
With a capital efficiency ratio of 6.92x, Kalshi has achieved a valuation that is 6.92 times the total capital raised. This metric indicates strong capital efficiency and effective deployment of investor funds.
Valuation Growth
Since its first funding round, Kalshi's valuation has grown by 513918.7%, demonstrating exceptional growth and market validation in the Other Financial Services sector.
Investment Perspective
Kalshi's valuation reflects investor confidence in the company's market position, growth potential, and ability to execute on its business model. Private market valuations are determined by primary funding rounds and secondary market transactions, which take into account financial performance, market conditions, and growth prospects.
What is Kalshi Worth in 2025?
As of 2025, Kalshi is valued at $11.0B, based on the company's Later Stage VC funding round in October 23, 2025. This valuation positions Kalshi as one of the leading private companies in the Other Financial Services sector.
Kalshi Valuation History
Kalshi has completed 9 funding rounds, growing its valuation by 513918.7% since its first round.
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 and financial performance
- Market opportunity and total addressable market (TAM)
- Competitive positioning and market share
- Management team strength and execution capability
- Technology and intellectual property
- Industry trends and investor sentiment
Kalshi Valuation FAQs
Is Kalshi profitable?
Kalshi has not publicly disclosed its profitability status. Many high-growth private companies prioritize market expansion and user growth over profitability in their early stages.
How does Kalshi's valuation compare to competitors?
Kalshi is valued at $11.0B, positioning it as a major player in the Other Financial Services space. Secondary market pricing and private market transactions provide ongoing validation of this valuation.
When will Kalshi IPO?
Kalshi has not announced plans for an initial public offering. Until an IPO, investors can access Kalshi shares through secondary market platforms.