Full-Time

Software Engineer

Trading Platform

Kalshi

Kalshi

201-500 employees

Regulated event-contract trading platform

Compensation Overview

$100k - $250k/yr

+ Equity

New York, NY, USA

In Person

Category
Software Engineering (1)
Required Skills
Data Structures & Algorithms
RDBMS
Requirements
  • 4+ years of software engineering experience.
  • Experience planning and leading large projects with long-term impact on a single system or team.
  • Strong technical grasp and ability to tackle complex engineering problems that deliver results.
  • Solid understanding of relational databases and transactions.
  • Familiar with writing highly concurrent systems.
  • History of creating and applying new processes and tooling to increase engineering efficiency.
  • Excellent judgment on task prioritizations.
  • Growth mindset, with a high slope and eagerness to lean.
  • Love of the craft: you genuinely care and put your all into your work.
  • Can ship at incredible speed (very simple).
Responsibilities
  • Order matching and trade execution algorithms and data structures.
  • High-performance data feeds and trading APIs for clients.
  • High guarantee and availability clearing systems, including margining, collateral management, and banking integrations.
  • Lead integrations with external market makers, brokers, and hedge funds.
  • Stress test large-scale critical systems to ensure their robustness and maintainability.
  • Optimize database access patterns and internal algorithms to improve the performance of our different services.
  • Design new market structures (e.g., non-binary markets, scalars, futures, etc.).
  • Be close to the customer (define features, ship products, iterate)! Even the backend can choose to be close to customers depending on the project.
  • Ship fast and with high quality.
  • Make decisions: we give a lot of flexibility, which also means no spoon-feeding.
Desired Qualifications
  • Experience building financial systems, FIX API, clearing infrastructure, broker connectivity, etc.
  • Proven experience building large-scale systems
  • Like to interact directly with customers.

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 Jobs

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

Headcount

6 month growth

6%

1 year growth

5%

2 year growth

0%
PR Newswire
Apr 9th, 2026
Factory leads $4.7M cultural capital investment in Kalshi alongside athletes and entertainers

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.

The Associated Press
Apr 2nd, 2026
Tribal casinos' $44B industry faces threat from unregulated prediction market platforms

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.

The Associated Press
Apr 2nd, 2026
Obama campaign manager Stephanie Cutter joins prediction market Kalshi as policy advisor

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.

Yahoo Finance
Mar 25th, 2026
Kalshi makes $25M in fees from $2B in trades during NCAA tournament's first four days

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%.

FinTech Global
Mar 23rd, 2026
Kalshi reportedly hits $22bn valuation after $1bn raise

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 […]