Kalshi surged to the top spot on Apple’s App Store and traded nearly $200 million in contract value for people wanting to bet on the outcome of the political race.
Founders
Tarek Mansour
Company Description
Kalshi is an exchange that allows people to bet, as official commodity trading contracts, on the outcomes of cultural events, from election results to how long Taylor Swift’s latest album will top the charts.
Market
Betting and trading on cultural events
Location
United States
Coinvestors
Sequoia Capital, Neo, Y Combinator, Henry Kravis, Mantis VC