Kalshi Raises $1B at $22B Valuation in Coatue-Led Round

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Kalshi raised $1 billion in a Series F round at a $22 billion valuation led by Coatue Management. The valuation roughly doubled from the level Kalshi secured five months ago. Other investors in the round included Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley and ARK Invest.

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