Kalshi’s IPO Prospects and Recent Success
Kalshi, a prediction market platform founded in 2018 by Tarek Mansour and Luana Lopes Lara, has raised significant attention and capital, recently completing a $1 billion Series E funding round in December 2022. The company reported an annualized trading volume of $70 billion, an increase of eightfold since July, valuing it at $11 billion.
Despite speculation about a potential IPO in 2026, company insiders indicate that Kalshi has no immediate plans to go public. The current trend shows firms opting for longer private growth before considering IPOs, as seen with companies like Airbnb and Alphabet. In the face of rising regulatory requirements, it appears that Kalshi will continue to pursue private funding strategies rather than rushing to enter the public market.
