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
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Net Profit
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EBITDA
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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
Employee Count
- Investments & Acquisitions
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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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series D — $2.0B
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First Round
First Round
(19 Oct 2020)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2025 | Amount | Series D - Polymarket | Valuation |
investors |
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| Aug, 2025 | Amount | Series D - Polymarket | Valuation |
investors |
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| Jul, 2025 | Amount | Series D - Polymarket | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology and defense sectors.
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Founded Year | Domain | Location | |
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Early-stage investments in web and societal decentralization are focused on.
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Founded Year | Domain | Location | |
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Investments are focused on crypto and tech companies by ParaFi.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Polymarket
Polymarket has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Brahma. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| 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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2021 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Polymarket
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Polymarket Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Crypto-based e-sports betting platform is provided for users.
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| domain | founded_year | HQ Location |
Online crypto-based gambling platform offering diversified betting services
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| domain | founded_year | HQ Location |
Venue One is operated as a non-custodial blockchain predictions exchange.
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| domain | founded_year | HQ Location |
Decentralized betting protocol
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| domain | founded_year | HQ Location |
Crypto-based P2P betting platform is provided for customized wagers.
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| domain | founded_year | HQ Location |
Blockchain-based platform is provided for event predictions and forecasts.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Polymarket
Frequently Asked Questions about Polymarket
When was Polymarket founded?
Polymarket was founded in 2020.
Where is Polymarket located?
Polymarket is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Polymarket?
Shayne Coplan is the current CEO of Polymarket. They have also founded this company.
Is Polymarket a funded company?
Polymarket is a funded company, having raised a total of $2.3B across 7 funding rounds to date. The company's 1st funding round was a Series D of $135.37M, raised on Oct 19, 2020.
What does Polymarket do?
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.
Who are the top competitors of Polymarket?
How many acquisitions has Polymarket made?
Polymarket has made 1 acquisition, including Brahma.
Who are Polymarket's investors?
Polymarket has 23 investors. Key investors include Intercontinental Exchange, Polychain, ParaFi, DRAGONFLY, and 1confirmation.