Kalshi, the prediction market platform, has secured an additional $200 million in funding from Baillie Gifford and Layer Global, according to sources cited by Bloomberg. This new investment expands Kalshi's previously announced $1 billion funding round led by Coatue Management, maintaining the company's valuation at $22 billion.
Earlier this month, Kalshi completed a $1 billion Series F round with contributions from major investors including Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Invest. The platform reported a monthly trading volume of over $14 billion in April, with annualized revenue exceeding $1.5 billion.
Kalshi Raises Additional $200M, Valuation Steady at $22 Billion
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