Razor Capital is pleased to announce its participation in Kalshi’s $1 billion Series E round at an $11 billion valuation, alongside leading investors including Paradigm, Sequoia Capital, Andreessen Horowitz, and ARK Invest.
As the world’s largest CFTC-regulated prediction market, Kalshi has rapidly emerged as a leader in a category reshaping how markets interact with information. The platform now sees weekly trading volumes exceeding $1 billion, marking growth of more than 1,000% since 2024.
Prediction markets are increasingly becoming a mainstream financial tool, creating new ways for individuals and institutions to measure sentiment, probability, and real-time events. Kalshi is building the infrastructure powering that shift.
At Razor Capital, we back companies redefining how markets and information systems operate at scale. Kalshi stood out as a platform building a new financial layer around real-time information, probability, and market participation.
“Razor Capital has always been drawn to platforms that unlock peer-to-peer engagement and harness the power of the crowd economy,” said Oussama Glilah, Managing Director. “When Kalshi came across our desk, we saw a rare opportunity to back a vision we truly believed in. In an increasingly interconnected world, Kalshi is transforming how information flows by enabling predictive markets to operate at scale.”
This investment reflects Razor Capital’s continued commitment to backing category-defining companies building the next generation of financial and information infrastructure. We are excited to support Kalshi as it continues shaping the future of predictive markets globally.
