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Kalshi Inc.

An exchange where traders buy and sell contracts on the outcomes of future events.

Updated Nov 9, 2026·Latest SEC filing Aug 25, 2026·Suggest an edit

About Kalshi

Kalshi is a private company based in New York, New York. It has reported $2,466,424,572 raised in seven offerings on Form D since March 2020. Its chief executive is Tarek Mansour.

Funding Rounds (SEC Form D)

First saleFiled with SECAmount soldInvestorsAvg. checkTermsFiling
Apr 3, 2026Aug 25, 2026$1,120,010,122of $1.49B target71$15.7MEquityRule 506(b)Form D ↗
Nov 19, 2025Dec 4, 2025$820,819,303of $999.9M target31$26.4MEquityRule 506(b)Form D ↗
Nov 3, 2021Nov 6, 2025$69,999,989fully sold14$4.9MEquityRule 506(b)Form D ↗
Jun 24, 2025Oct 30, 2025$124,999,957fully sold14$8.9MEquityRule 506(b)Form D ↗
Oct 8, 2025Oct 23, 2025$294,500,203of $389.9M target20$14.7MEquityRule 506(b)Form D ↗
Dec 18, 2020Feb 23, 2021$29,999,999fully sold10$2.9MEquityRule 506(b)Form D ↗
Mar 4, 2020Mar 19, 2020$6,094,999fully sold28$217KEquityRule 506(b)Form D ↗
Total, seven offerings$2,466,424,572

First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.

Leadership Team

Executive officers and directors listed on Kalshi's Form D filed Aug 25, 2026.

AL
Alfred Lin
Director
Also a director at Nominal.
MH
Matt Huang
Director
Also a director at Merkle Manufactory, Stripe and TaxBit and an executive officer at Paradigm and Caper Investments.
MS
TM
Tarek Mansour
Co-founder and CEO, director
LL
Luana Lopes Lara
Executive officer and director

Sources

  1. SECKalshi Inc. filing history
  2. ResearchStanford Graduate School of Business: Tarek Mansour