--- title: Kalshi doubles valuation in 5 months, hitting $22 billion description: Prediction market startup Kalshi has raised a $1 billion Series F round led by Coatue, valuing the company at $22 billion — double its $11 billion valuation... canonical: https://daily.dev/posts/kalshi-doubles-valuation-in-5-months-hitting-22-billion-fpzwb7cfh twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Kalshi doubles valuation in 5 months, hitting $22 billion | daily.dev og:description: Prediction market startup Kalshi has raised a $1 billion Series F round led by Coatue, valuing the company at $22 billion — double its $11 billion valuation... og:url: https://daily.dev/posts/kalshi-doubles-valuation-in-5-months-hitting-22-billion-fpzwb7cfh og:image: https://api.daily.dev/og/posts/fpZWb7cFH.png og:image:alt: Kalshi doubles valuation in 5 months, hitting $22 billion og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Kalshi doubles valuation in 5 months, hitting $22 billion **[TechCrunch](https://daily.dev/sources/tc)** · 1 min read · 0 upvotes · 0 comments ## Summary Prediction market startup Kalshi has raised a $1 billion Series F round led by Coatue, valuing the company at $22 billion — double its $11 billion valuation from just five months ago. The company reports annualized revenue exceeding $1.5 billion and claims to host 90% of U.S. prediction market activity. Institutional trading on the platform has grown 800% in the past six months. Rival Polymarket is still working to restore access for U.S. traders after a 2022 ban. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [How Software Testing Is Helping Platforms Like Polymarket and Kalshi Change Forecasting](https://daily.dev/posts/how-software-testing-is-helping-platforms-like-polymarket-and-kalshi-change-forecasting-ahz63fsij) · Software Testing Magazine · 0 upvotes · 0 comments --- Tags: [#venture-capital](https://daily.dev/tags/venture-capital) [View this post on daily.dev](https://daily.dev/posts/kalshi-doubles-valuation-in-5-months-hitting-22-billion-fpzwb7cfh) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Kalshi doubles valuation in 5 months, hitting $22 billion","url":"https://daily.dev/posts/kalshi-doubles-valuation-in-5-months-hitting-22-billion-fpzwb7cfh","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/kalshi-doubles-valuation-in-5-months-hitting-22-billion-fpzwb7cfh"},"datePublished":"2026-05-07T18:06:41.070Z","dateModified":"2026-05-07T18:07:09.320Z","description":"Prediction market startup Kalshi has raised a $1 billion Series F round led by Coatue, valuing the company at $22 billion — double its $11 billion valuation...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/41eb7eb05bc7ef2d985e21d0df6d8f4b?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/41eb7eb05bc7ef2d985e21d0df6d8f4b?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"TechCrunch","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"TechCrunch","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tc","url":"https://daily.dev/sources/tc"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/kalshi-doubles-valuation-in-5-months-hitting-22-billion-fpzwb7cfh","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"venture-capital","timeRequired":"PT1M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"TechCrunch","item":"https://daily.dev/sources/tc"},{"@type":"ListItem","position":3,"name":"Kalshi doubles valuation in 5 months, hitting $22 billion"}]} ```