About Polymarket
Polymarket is a company based in New York (United States) founded in 2020 by Shayne Coplan. Polymarket has raised $2.3 billion across 7 funding rounds from investors including Intercontinental Exchange, Polychain and ParaFi. Polymarket has completed 1 acquisition, including Brahma. Polymarket operates in a competitive market with competitors including ZenSports, Augur, Venue One, Divvy.Bet and IBetYou, among others.
- Headquarter New York, United States
- Founders Shayne Coplan
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.3 B (USD)
in 7 rounds
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Latest Funding Round
$2 B (USD), Series D
Oct 07, 2025
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Investors
Intercontinental Exchange
& 22 more
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Employee Count
Not available
- Investments & Acquisitions
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People of Polymarket
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Funding Insights of Polymarket
Polymarket has successfully raised a total of $2.3B across 7 strategic funding rounds. The most recent funding activity was a Series D round of $2 billion completed in October 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Polymarket
Polymarket has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Intercontinental Exchange, Polychain and ParaFi.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology and defense sectors.
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Early-stage investments in web and societal decentralization are focused on.
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Investments are focused on crypto and tech companies by ParaFi.
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Locked | Locked | Locked |
Investor details for Polymarket
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Investments & Acquisitions by Polymarket
Polymarket has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Brahma.
Investment portfolio details for Polymarket
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Blockchain network for DeFi applications in finance is facilitated.
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Locked | Locked | 2021 | Locked |
Complete acquisition details for Polymarket
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- Transaction dates
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Financial Statements - Polymarket
Detailed financials for Polymarket
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Polymarket Comparisons
Peer comparison for Polymarket
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Competitors of Polymarket
Polymarket operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ZenSports, Augur, Venue One, Divvy.Bet and IBetYou, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Crypto-based e-sports betting platform is provided for users.
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Online crypto-based gambling platform offering diversified betting services
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Venue One is operated as a non-custodial blockchain predictions exchange.
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Decentralized betting protocol
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Crypto-based P2P betting platform is provided for customized wagers.
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Blockchain-based platform is provided for event predictions and forecasts.
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Detailed competitors of Polymarket
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Latest news on Polymarket
Complete news archive for Polymarket
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Frequently Asked Questions about Polymarket
Polymarket was founded in 2020.
Polymarket is headquartered in New York, United States. It is registered at New York, New York, United States.
Shayne Coplan is the current CEO of Polymarket. They have also founded this company.
Polymarket is a funded company, having raised a total of $2.3B across 7 funding rounds to date.
Polymarket was founded in 2020 in New York, United States, within the cryptocurrency and gambling sector. An online platform is operated where users engage in betting games and activities powered by crypto. Bets on sports tournaments and leagues are placed by participants. Prediction market solutions based on cryptocurrency are provided, enabling shares in future event outcomes to be bought and sold.
Polymarket has made 1 acquisition, including Brahma.
Polymarket has 23 investors. Key investors include Intercontinental Exchange, Polychain, ParaFi, DRAGONFLY, and 1confirmation.