Kalshi could be worth $40 billion after new funding

FUNDING ROUNDKalshi could be worth $40billion after new funding27IMPORTANCECLOSED1NEWS MEDIA1PIECESSep 29, 2026 17:58blockboard.net

Kalshi is in talks to raise $1 billion at a $40 billion valuation, with completion expected in the coming weeks. That would come after its May Series F announcement and a later SEC filing that listed a nearly $1.5 billion private offering.

What this rests on

Claim by claim, with its source
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Kalshi announced a $1 billion Series F on May 7.
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An Aug. 25 SEC filing listed a nearly $1.5 billion private offering.
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Sequoia, Wellington, Tiger Global and Dragoneer are among the investors circling the round.

What it means

Who it affects, what changes and what is still unconfirmed

Each sentence links inside to the piece that supports it.

Users and market participants following Kalshi would notice that the company is again in the middle of a large financing discussion, with a target of $1 billion and a $40 billion valuation mentioned. The timing matters because the May financing and the August filing had already placed fresh fundraising details into view, and this new round adds another step in that sequence.

In practice, the latest discussion points to another capital-raising process layered on top of the May Series F announcement and the August SEC filing. What remains the same is that Kalshi is still operating as a prediction-market platform while its financing structure is described through announcements and filings, not a completed new round.

Market reaction

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How the story was built

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Sep 30 04:47
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Breaks the event: $40B and $1B

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