Kalshi Inc. secured an additional $200 million in funding from new investors Layer Global and Baillie Gifford, expanding a funding round that exceeded $1 billion in total capital raised [1]. The funding round now stands at $1.2 billion, with Kalshi maintaining its valuation at $22 billion despite the new capital injection [1, 2].
The announcement came on May 20, when Kalshi disclosed the participation of Layer Global and Baillie Gifford as part of this expanded fundraising effort [1]. The company had originally raised over $1 billion prior to this latest commitment.
This latest injection reflects continued investor confidence in Kalshi’s growth prospects and business model. The firm is now backed by a wider group of institutional investors following this round.
Kalshi intends to use the additional funds to accelerate product development and expand its market presence in the United States. The company did not disclose additional valuation changes.
The total funds raised in the current financing round now stand at $1.2 billion, with the $200 million addition closing in May 2026 [1]. Kalshi’s next major financial update or milestone was not announced.
