Kalshi is the first CFTC regulated exchange dedicated to trading on a new asset class: event contracts. These contracts are structured as questions about whether a future event will happen and can be answered by a simple Yes or No. The contracts cover a wide range of topics from weather to international affairs to media and more. Kalshi makes money by charging a transaction fee on the expected earnings on the contract. The company's mission is to allow people to capitalize on their opinions and hedge against everyday risks.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/02/2021 | Series B | $70MM | $xx.xx | $749.83MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,120,875
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
02/17/2021 | Series A | $30MM | $xx.xx | $144.88MM | Charles Schwab, Henry Kravis, Neo, Sequoia Capital, Sv Angel, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
5,157,856
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Charles Schwab, Henry Kravis, Neo, Sequoia Capital, Sv Angel, Y Combinator
|
||||||
03/04/2020 | Series Seed-1 | $2.02MM | $xx.xx | $40.28MM | Neo | |
Price per Share
$xx.xx
Shares Outstanding
2,321,686
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Neo
|
||||||
03/04/2020 | Series Seed-2 | $424,998.76 | $xx.xx | $40.28MM | Neo | |
Price per Share
$xx.xx
Shares Outstanding
287,338
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Neo
|
||||||
03/04/2020 | Series Seed | $3.5MM | $xx.xx | $40.28MM | Neo | |
Price per Share
$xx.xx
Shares Outstanding
1,391,954
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Neo
|
||||||
03/06/2019 | Series Seed-3 | $150,000.30 | $xx.xx | $750,001.51 | Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
804,550
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
|