Series D funding round of $300 million vaults Kalshi valuation to $5 billion Prediction markets operator will use capital for international expansion Says it’s the fastest growing non-AI tech company Prediction market Goliath Kalshi said today it finalized a Series D funding round of $300 million, pushing its valuation to $5 billion. Kalshi founders Luana Lopes Lara (left) and Tarek Mansour. The company is now valued at $5 billion following a $300 million financing round. (Image: CFTC) Kalshi wrapped up a $185 million Series C funding round in June valuing the company at $2 billion, meaning that with today’s news, the company’s multiple has swelled 2.5x in just four months. Recent speculation suggested $5 billion was the next destination on Kalshi’s valuation journey. This latest round, which values Kalshi at $5 billion, was co-led by Andreessen Horowitz (a16z) and Sequoia Capital, with significant participation from Paradigm. Additional backers include Coinbase Ventures, General Catalyst, Spark Capital, and CapitalG,” according to a…Read MoreCategory: Financial, Technology, technologySource: Casino.org