Kalshi Raises $1.12B in Private Offering, $380M Still Available

Kalshi, a New York-based prediction market platform, has raised approximately $1.12 billion through a private equity offering that began on April 3, 2026, according to a regulatory filing made public this week. The disclosure, detailed in a Form D filing with the U.S. Securities and Exchange Commission, shows the company is targeting a total of nearly $1.5 billion, with about $380 million still available. A total of 71 investors have participated in the offering to date. The filing, signed by CEO Tarek Mansour, indicates the company sold over $1.12 billion in equity under the Rule 506b exemption.