Kalshi raises over $300 million in Series D as it expands to more than 140 countries
Kalshi said it raised more than $300 million in a Series D round co-led by Sequoia and Andreessen Horowitz, valuing the prediction-market company at $5 billion. It also announced expansion to more than 140 countries and said its platform recorded over $1 billion in trading in a week, with annualised volume above $50 billion.
Kalshi’s funding and international expansion may increase its scale in prediction markets, including markets overlapping with sports betting.