Kalshi Inc. Asset Profile

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

Year established

2018

Location

San Francisco CA US

Primary Industry

Financial Services

About

Based in California, US, and founded in 2018 by Tarek Mansour and Luana Lopes Lara, Kalshi Inc. operates as a developer of a financial platform built to facilitate trading based on event outcomes. The company's platform supports the trading of event contracts on a CFTC-regulated exchange, enabling users to capitalize on their opinions and to trade in the domain of everyday knowledge. In February 2021, the company received a series A funding investment from Sequoia Capital. The new funding coincides with Kalshi’s approval by the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market (DCM). Kalshi is among 16 DCMs in the US. Kalshi is a regulated exchange dedicated to trading directly on the outcomes of future events. The exchange enables investors to buy yes or no positions in regards to whether an event will happen or not through a novel asset class, event contracts. Kalshi’s vision is to allow people to capitalize on their opinion and hedge everyday risks. The founders dedicated Kalshi’s initial years to ensuring the sustainability of the company by becoming federally regulated. Since then, they’ve assembled a team that balances financial industry heavyweights with engineering firepower. Kalshi will use the new series A funding to bring its exchange to market and enable the trading of a unique asset class: event contracts. The company is planning to launch its exchange to the public next month and in the meantime has a waiting list.

Current Investors

Y Combinator, SGH Capital, Esas Holdings

Request a demo to show more

Primary Industry

Financial Services

Sub Industries

e-Financial, Hedge Funds, Accounting/Finance Software

Website

www.kalshi.com

Verticals

FinTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.