Funding round
Polymarket Growth
Reported as "Growth Equity"
Polymarket, which works in prediction market platform development in New York, raised $1.00B in a Growth round announced on 1 Oct 2025, led by Intercontinental Exchange, at a $9.00B post-money valuation. 1 firm took part. It is Polymarket's fifth venture round on record; the one before was a Growth in Jan 2025.
$1.00B
Amount raised
$9.00B
Post-money valuation
$8.00B pre-money
1
Investors
1 lead
7.5x
Step-up from the Growth
$1.20B in Jan 2025
11%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Polymarket at $9.00B after the new money, 7.5 times the $1.20B of its Growth (Jan 2025). The $1.00B bought investors about 11% of the company. It came 9 months after Polymarket's Growth. It is 35% of the $2.82B Polymarket has raised in the venture rounds on record. Polymarket raised again 5 months later: a Growth round of $600M in Mar 2026, at $15.00B post-money.
Polymarket's funding rounds
Polymarket has 7 venture rounds on record. This one is highlighted.
- Seed 1 Oct 2020, led by Polychain $4.0M
- Series A 1 May 2022, led by General Catalyst $25M
- Series B 14 May 2024, led by Founders Fund $45M
- Growth 1 Jan 2025, led by Founders Fund $150M$1.20B post-money
- Growth this round 1 Oct 2025, led by Intercontinental Exchange $1.00B$9.00B post-money
- Growth 1 Mar 2026, led by Intercontinental Exchange $600M$15.00B post-money
- Growth 5 Aug 2026, led by 1789 Capital $1.00B$21.00B post-money
Investors
Who put money in
Intercontinental Exchange led the round.
Lead investor
- Intercontinental Exchange
Comparable rounds
How it compares
18 Growth rounds in Cryptocurrency within a year either side disclosed an amount; the median was $118M, and this round was 8.5 times the median. The closest in time, other companies' Growth rounds in Cryptocurrency:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Cryptocurrency | 18 Nov 2025 | $800M | $20.00B | Jane Street and DRW |
| Cryptocurrency | 26 Sep 2025 | $500M | $15.00B | not named |
| Ripple Cryptocurrency | 5 Nov 2025 | $500M | $40.00B | Fortress Investment Group and Citadel Securities |
| Cryptocurrency | 11 Nov 2025 | $68M | $1.50B | Founders Fund and Ribbit |
| Cryptocurrency | 18 Sep 2025 | $30M | not disclosed | Lightspeed Venture Partners |
| Cryptocurrency | 31 Dec 2025 | $50M | not disclosed | not named |
| Cryptocurrency | 10 Dec 2025 | $29M | not disclosed | Nimbus Capital |
| Cryptocurrency | 26 Aug 2025 | $15M | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Polymarket raise in its Growth round?
Polymarket raised $1.00B in its Growth round, announced in Oct 2025.
Who led Polymarket's Growth round?
Intercontinental Exchange led it.
What was Polymarket's valuation at the Growth round?
$9.00B post-money ($8.00B pre-money).
How does it compare with other Growth rounds in Cryptocurrency?
18 Growth rounds in Cryptocurrency within a year either side disclosed an amount; the median was $118M, and this round was 8.5 times the median.
Did Polymarket raise again after this round?
Yes: a Growth round in Mar 2026 of $600M at $15.00B post-money.