PVT - Private Company Price USD
Kalshi (KLSH.PVT)
962.28
Forge Price as of Aug 17, 2026.
Forge Price is a derived data point that reflects the up-to-date price performance of venture-backed, late-stage companies. Forge Price is calculated by Forge Data based on a proprietary model incorporating pricing inputs from publicly-available primary funding round information, secondary market transactions and indications of interest on Forge and other private market trading platforms. Forge Price is not a quotation, and does not indicate available supply or demand, is solely for informational purposes, and may rely on limited data.
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- Estimated Valuation 35B
- Latest Funding Date Mar 19, 2026
- Total Amount Raised 2.53B
- Latest Amount Raised 1B
- Total Funding Rounds 8
- Latest Share Class Series F
Kalshi: Learn More
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Kalshi operates a financial exchange, regulated by the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market, where users can trade contracts based on the outcomes of future events. The company states its purpose is to provide a platform for individuals to manage and capitalize on event risks through contracts structured as yes/no questions across categories such as economics, politics, and science.
2018-01-01
Founded
101
Full Time Employees
Financial Services
Sector
Consumer, FinTech, Financial Exchanges, Financial Services, Prediction Markets, Predictive Analytics
Industry
Leadership and Board
Luana Lopes Lara
Co-Founder
Tarek Mansour
Founder
Recent News
Performance Overview
Trailing returns as of 8/17/2026. Benchmark is Forge Private Market Index (^FPMI) .
3M Return
KLSH.PVT
47.31%
Forge Private Market Index (^FPMI)
18.36%
YTD Return
KLSH.PVT
185.71%
Forge Private Market Index (^FPMI)
48.82%
1-Year Return
KLSH.PVT
2,040.30%
Forge Private Market Index (^FPMI)
90.61%
2-Year Return
KLSH.PVT
2,815.12%
Forge Private Market Index (^FPMI)
197.86%
Valuation Information
Funding Rounds
Forge Data collects the preferred stock details for companies from the Certificates of Incorporation and related documents filed with relevant state's agencies. These documents authorize the various equity types available for companies to sell in primary funding rounds.
Funding Rounds
Forge Data collects the preferred stock details for companies from the Certificates of Incorporation and related documents filed with relevant state's agencies. These documents authorize the various equity types available for companies to sell in primary funding rounds.
Post-Money Valuation
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2020
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2022
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2023
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2025
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Funding Date | Share Class | Amount Raised | Issue Price | Post-Money Valuation |
|---|---|---|---|---|
| 2026-03-19 | Series F | 1B | 604.8623 | 22B |
| 2025-11-20 | Series E | 1,000M | 320.7647 | 11B |
| 2025-10-10 | Series D | 300M | 162.018 | 5B |
| 2025-06-25 | Series C | 125M | 44.9607 | 2B |
| 2021-11-03 | Series B | 70M | 33.0052 | 749.83M |
| 2021-02-17 | Series A | 30M | 5.8164 | 144.88M |
| 2020-03-04 | Series Seed | 3.5M | 2.5145 | 40.28M |
| 2020-03-04 | Series Seed-1 | 2.02M | 0.87 | 40.28M |
| 2020-03-04 | Series Seed-2 | 425k | 1.4791 | 40.28M |
| 2019-03-06 | Series Seed-3 | 150k | 0.1864 | 750k |