# Kalshi

> CFTC-regulated prediction-market exchange for event contracts.

## Why it is interesting

Kalshi is the leading regulated U.S. prediction market; Sequoia and a16z co-led its 2025 growth rounds.

## Profile

- **Stage:** growth
- **Status:** private
- **Industries:** fintech
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series D (Oct 2025): $300M+ co-led by Sequoia and a16z at $5B — TechCrunch
- Series E (Nov 2025): $1B led by Paradigm with Sequoia, a16z, CapitalG — press
- CFTC-regulated event-contract exchange — first federally regulated U.S. prediction market

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz
- https://venturecapitaltracker.com/fund/sequoia
- https://venturecapitaltracker.com/fund/coatue
- https://venturecapitaltracker.com/fund/general-catalyst
- https://venturecapitaltracker.com/fund/spark-capital
- https://venturecapitaltracker.com/fund/neo

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

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Source: https://venturecapitaltracker.com/startup/kalshi