Full-Time
Generalist
Posted on 10/23/2024
Kalshi
201-500 employees
Regulated event-contract trading platform
No salary listed
New York, NY, USA
Hybrid
 Growth & Marketing (6) |
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- Meritocracy is at our core, ...
- Kalshi is an equal opportunity employer ...
- All qualified applicants will be treated with respect and receive equal consideration for employment without regard to race, color, creed, religion, sex, gender identity, sexual orientation, national origin, disability, uniform service, veteran status, age, or any other protected characteristic per federal, state, or local law.
- We’re opportunistic. If you’re formidable, you want to work hard, and you love what we do, apply and we’ll see where it leads us.
- Kalshi is defining a new category: prediction markets. Kalshi allows people to trade on the outcome of any events and turn any question about the future into a financial asset.
- Kalshi fought for years and legalized prediction markets in the US for the first time in history. Kalshi is currently the fastest growing financial market in America, and has thousands of markets across politics, economics, financials, weather, tech, AI, culture and more.
- Our vision: well… build the largest financial market on the planet.
- Our mission: bring more truth to the world through the power of markets.
- Building a new category is hard… like really hard. But it’s [beautiful and deeply fulfilling](https://x.com/Kalshi/status/1853456453886980215). Our culture is simple: we hire really talented people, work really hard, and enjoy the climb. We are looking for ambitious and exceptional people to join our (relatively small) team to help us build the next generation of financial markets.
- Our Culture Meriori?
- Kalshians are Kalshi’s most important asset: we pick Kalshians carefully, so we trust them fully on day 1.
- Kalshi is committed to creating a culture of inclusion and belonging, and we are proud to be an equal opportunity employer. We believe it is our collective responsibility to uphold these values and encourage candidates from all backgrounds to join us in our mission. All qualified applicants will be treated with respect and receive equal consideration for employment without regard to race, color, creed, religion, sex, gender identity, sexual orientation, national origin, disability, uniform service, veteran status, age, or any other protected characteristic per federal, state, or local law. If you are passionate about what you do and want to use your talents to support our mission and values, we’d love to hear from you.
Kalshi runs a US federally regulated exchange that lets traders speculate on whether future events will occur using event contracts. These contracts are approved by the CFTC and enable positions on outcomes like statistics or legislative results. Traders place bets on events via Kalshi’s trading platform, and the company earns revenue from transaction fees on each trade. Kalshi differentiates itself by being the first federally regulated market for event contracts, focusing on a new asset class within the futures ecosystem, and attracting both individual investors and institutional traders. Its goal is to give participants a regulated venue to hedge or speculate on economically significant events, expanding the scope of traditional futures markets.
Company Size
201-500
Company Stage
Series F
Total Funding
$2.5B
Headquarters
New York City, New York
Founded
2019
Simplify's Take
What believers are saying
- Sports betting drove 89% of $263.5M 2025 revenue with $22.9B trading volume.
- Series F raised $1B at $22B valuation in May 2026 from Coatue leadership.
- Mesh partnership adds crypto deposits via 300+ wallets, expanding to 140 countries.
What critics are saying
- Polymarket's decentralized perps capture crypto traders, eroding Kalshi's regulated volumes within 6 months.
- Senate's May 2026 lawmaker ban triggers insider probes, slashing political trading revenues in 3 months.
- SEC delays on Roundhill and Bitwise ETFs divert institutional capital from Kalshi in 12 months.
What makes Kalshi unique
- Kalshi operates as first CFTC-regulated exchange for event contracts on future outcomes.
- Kalshi's dynamic fees scale with contract odds, avoiding guaranteed losses unlike flat fees.
- Kalshi enables trading on 3,500 diverse markets from economics to sports events.
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Benefits
Company Equity
Growth & Insights and Company News
6 month growth
↑ 6%1 year growth
↑ 5%2 year growth
↑ 0%Factory Holdings, a family office platform for athletes and entertainers, led a $4.7 million investment into Kalshi's Series E round alongside a16z's Cultural Leadership Fund. The investment united 74 investors including athletes Marshawn Lynch, Diana Taurasi, Breanna Stewart and Connor McDavid. The round valued Kalshi, a prediction markets platform, at approximately $11 billion and included participation from Andreessen Horowitz, Sequoia Capital, CapitalG and Charles Schwab. Factory exceeded its original allocation target and closed the investment in roughly 2.5 months. Founded by Keenan Beasley, Factory provides athletes, entertainers and entrepreneurs access to institutional-quality private investments traditionally reserved for legacy family offices. The platform operates across wealth advisory, private investments and business building, aiming to help cultural leaders gain ownership in platforms they help shape.
At the Indian Gaming Association's annual convention this week, tribal leaders focused heavily on the threat posed by prediction markets like Polymarket and Kalshi. Chairman David Bean accused these platforms of circumventing gambling regulations, calling them "unlawful gambling dressed up as finance". Tribal gambling generates over $40 billion annually, funding healthcare, housing and education in Native American communities. Four tribal nations have sued Kalshi and Robinhood, claiming they violate federal law and state-tribal compacts. The platforms argue they operate financial markets, not gambling operations. The association announced a defence fund to support legal actions and called on Congress to regulate prediction markets. However, the Trump administration has backed the platforms, which are already facing lawsuits from more than a dozen states.
Kalshi, the world's largest prediction market, has appointed Stephanie Cutter as policy adviser. Cutter is managing partner of Precision Strategies and a veteran Democratic strategist who previously served as campaign manager for President Barack Obama. Founded in 2018, Kalshi operates regulated financial markets on real-world events including elections, economic indicators and sports. The platform has gained significant traction amongst politicians, with figures from Leader Hakeem Jeffries to Mayor Zohran Mamdani referencing "Kalshi odds". Cutter will focus on data-driven storytelling and deepening the company's relationships in Washington and nationwide. At Precision Strategies, she has worked with Fortune 50 companies, news networks and sports leagues, integrating data-driven communications with campaign-style approaches.
Kalshi generated over $25 million in fee revenue during the first four days of the NCAA men's basketball tournament, processing more than $2 billion in trades. March 19, the tournament's opening day, was Kalshi's second-biggest day ever with $645.7 million in volume, trailing only the Super Bowl. The platform earned $6.6 million in fees on the first day alone. Over the four-day period, total volume reached $2.34 billion, exceeding Kalshi's fee revenue for the first five months of 2025. Sports betting dominated activity, comprising 90% of volume throughout the tournament. College basketball bets accounted for over half of volume during the first round and approximately 40% in the second round, with parlays making up an additional 13%.
Kalshi, a WealthTech platform that offers a prediction market for investors to trade on outcomes in real-world events, has reportedly raised around $1bn, according to a report from WSJ. The close of the investment round brings the company’s valuation to $22bn, which WSJ sites with sources familiar to the matter. The deal was led by Coatue […]