# Prediction Market Kalshi Achieves $22B Valuation on Coatue-Led Series F Raise

*Author: Jack Inabinet*
*Published: May 7, 2026*
*Source: https://www.bankless.com/es/read/news/prediction-market-kalshi-achieves-22b-valuation-on-coatue-led-series-f-raise*

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Prediction market giant Kalshi has secured a massive $1B Series F raise, pushing the company’s valuation to $22B as institutional interest in event contract trading accelerates.

### What's the Scoop?
- **Monster Raise:** Kalshi has raised $1B in fresh capital at a $22B valuation in its latest fundraising round led by Coateu Management, with participation from a slew of reputable including Sequoia Capital, Andreessen Horowitz, Paradigm, Morgan Stanley, and ARK Invest. The *Wall Street Journal* previously [reported](https://www.bankless.com/read/news/kalshi-raising-1b-at-22b-valuation-in-new-funding-round) on the closure of this Series F round in March, which doubles Kalshi's Series E [valuation](https://www.coindesk.com/business/2025/12/02/kalshi-raises-usd1b-at-usd11b-valuation-as-prediction-market-race-heats-up) from December and more than quadruples its Series D valuation [disclosed](https://www.bankless.com/read/news/prediction-market-kalshi-raises-300m-at-5b-valuation) last October.
- **Prediction Behemoth:** Kalshi says institutional trading volumes have surged 800% over the past six months, while annualized trading volume jumped from $52B to $178B during the same period. Kalshi now claims to process more than 90% of U.S. prediction market activity. In a [comment](https://www.bloomberg.com/news/articles/2026-05-07/kalshi-secures-22-billion-valuation-in-coatue-led-round?embedded-checkout=true) to *Bloomberg *regarding this most recent raise*, *Kalshi represented its annualized revenues as having exceeded $1.5B. 
- **Hot Sector:** *The Information* [reported](https://www.theinformation.com/articles/polymarket-talks-raise-money-15-billion-valuation) last month that Polymarket was in talks with investors to raise $400M raise at a $15B valuation as competition between the twin prediction market giants intensifies ahead of a possible U.S. relaunch.

> Kalshi raised $1B at a $22B valuation led by Coatue, with participation from Morgan Stanley, Sequoia, a16z, and others.In 2018, we were two kids who loved math, markets, and debate. And we had a dream: build the next generation financial market, where we capture a broader set… [pic.twitter.com/4ERJxYxzHJ](https://t.co/4ERJxYxzHJ)— Tarek Mansour (@mansourtarek_) [May 7, 2026](https://twitter.com/mansourtarek_/status/2052373007939567953?ref_src=twsrc%5Etfw)