All Brands Owned by Kalshi Inc.

What is Kalshi Inc.?

Kalshi Inc. is a private New York financial technology company that operates the Kalshi exchange, the first federally regulated marketplace for event contracts, designated by the CFTC in 2020.

Who owns Kalshi Inc.?

Kalshi is owned by its founders Tarek Mansour and Luana Lopes Lara alongside venture investors including Sequoia Capital, Coatue, Wellington Management, Tiger Global, and Dragoneer. It has no corporate parent.

Is Kalshi a public company?

No. Kalshi is privately held, though CEO Tarek Mansour has discussed a potential IPO as early as 2027.

When was Kalshi founded?

Kalshi was founded in 2018 in San Francisco by Mansour and Lopes Lara, and is now headquartered in New York.

What is Kalshi's valuation?

Kalshi was valued at $11 billion in December 2025, $22 billion in May 2026, and was in funding talks at roughly $40 billion as of September 2026.

Is Kalshi regulated?

Yes. Kalshi operates as a CFTC Designated Contract Market under the Commodity Exchange Act, the same federal regulatory category as the Chicago Mercantile Exchange and Intercontinental Exchange.

How does Kalshi make money?

Kalshi earns revenue from transaction fees charged on trades across its event contracts. It does not act as a counterparty to user bets, so revenue depends on trading volume rather than outcomes.