# Kalshi Achieves Unicorn Status with Massive Funding Round Prediction market platform Kalshi has announced a successful $1 billion investment round, propelling the company to a valuation of $11 billion. This significant capital injection underscores the growing interest in regulated event-based markets. # Sequoia and CapitalG Lead Investment in Prediction Platform The investment round was jointly led by Sequoia Capital and CapitalG, Alphabet's independent growth fund. Prominent venture capital firms including Andreessen Horowitz (a16z), Paradigm, Anthos Capital, and Neo also participated, signaling strong confidence in Kalshi's vision and market potential. This funding will likely fuel Kalshi's expansion into new event categories and technological advancements, further solidifying its position in the burgeoning prediction market space. ```