Kalshi valuation quadruples to $22bn in less than a year
Corroborated by 7 sources from 7 publishers
TL;DR
Reports differ across sources; according to techcrunch.com, the startup told Bloomberg that its annualized revenue exceeds $1.5 billion.
Sources
1
Bloomberg Markets
https://www.bloomberg.com/news/articles/2026-05-07/kalshi-does-no-better-than-experts-on-key-jobs-forecasting-test
2
The New York Times (DealBook)
https://www.nytimes.com/2026/05/07/business/dealbook/kalshi-fundraise-22-billion.html
3
Forbes Business
https://www.forbes.com/sites/aliciapark/2026/05/07/kalshi-billionaire-cofounders-double-their-net-worths-with-another-funding-round
4
Bloomberg Markets
https://www.bloomberg.com/news/articles/2026-05-07/kalshi-secures-22-billion-valuation-in-coatue-led-round
5
Financial Times Companies
https://www.ft.com/content/76ba916e-0478-4556-a341-a1ddd83dda2a
6
Yahoo Finance News
https://finance.yahoo.com/markets/options/articles/kalshi-raises-1-billion-22-160200699.html
7
CNBC 10000664
https://www.cnbc.com/2026/05/07/kalshi-traders-see-odds-rising-that-a-us-iran-nuclear-deal-will-be-reached-by-2027.html
8
TechCrunch
https://techcrunch.com/2026/05/07/kalshi-doubles-valuation-in-5-months-hitting-22-billion