⚡Funding Brief⚡
Kalshi raises $1B Series G at a $40B post-money valuation
• Co-led by Sequoia and Wellington, with 10 additional co-investors
• Previous round: $22B Series F in May 2026, led by Coatue (per The Block)
• Kalshi says its non-sports business now exceeds $1B in annualized revenue
• Earlier this week, Utah's attorney general filed criminal charges against Kalshi and two executives (per Reuters)
Source: Kalshi, The Block, Reuters