Kalshi has raised a total of $221 million across multiple funding rounds, including a $185 million Series C round in June 2025 led by Paradigm, which valued the New York-based investment and gambling tech platform at $2 billion, earning it unicorn status. Founded in 2019, Kalshi employs 20 people and provides a regulated event outcome-based betting exchange. The platform enables users to trade event contracts on Android and iOS. With rapid adoption and strategic funding, Kalshi is positioned to scale its offerings and expand its market footprint globally.