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 5 Aug 2026, led by 1789 Capital, at a $21.00B post-money valuation. 1 firm took part. It is Polymarket's seventh venture round on record; the one before was a Growth in Mar 2026.
$1.00B
Amount raised
$21.00B
Post-money valuation
$20.00B pre-money
1
Investors
1 lead
1.4x
Step-up from the Growth
$15.00B in Mar 2026
4.8%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Polymarket at $21.00B after the new money, 1.4 times the $15.00B of its Growth (Mar 2026). The $1.00B bought investors about 4.8% of the company. It came 5 months after Polymarket's Growth. It is 35% of the $2.82B Polymarket has raised in the venture rounds on record. No later venture round is on record for Polymarket.
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 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 this round 5 Aug 2026, led by 1789 Capital $1.00B$21.00B post-money
Investors
Who put money in
1789 Capital led the round.
Lead investor
- 1789 Capital new investor
Comparable rounds
How it compares
12 Growth rounds in Cryptocurrency within a year either side disclosed an amount; the median was $84M, and this round was 12 times the median. The closest in time, other companies' Growth rounds in Cryptocurrency:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Cryptocurrency | 16 Jul 2026 | $400M | $20.00B | not named |
| Cryptocurrency | 24 Jul 2026 | $53M | not disclosed | Pantera |
| Cryptocurrency | 9 Jun 2026 | $175M | $2.00B | Paradigm and Andreessen Horowitz |
| Anchorage Digital Cryptocurrency | 5 Feb 2026 | $100M | not disclosed | not named |
| Cryptocurrency | 31 Dec 2025 | $50M | not disclosed | not named |
| Cryptocurrency | 10 Dec 2025 | $29M | not disclosed | Nimbus Capital |
| Cryptocurrency | 18 Nov 2025 | $800M | $20.00B | Jane Street and DRW |
| Ripple Cryptocurrency | 5 Nov 2025 | $500M | $40.00B | Fortress Investment Group and Citadel Securities |
Sources
Where this comes from
Reported by 5 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Polymarket raise in its Growth round?
Polymarket raised $1.00B in its Growth round, announced in Aug 2026.
Who led Polymarket's Growth round?
1789 Capital led it.
What was Polymarket's valuation at the Growth round?
$21.00B post-money ($20.00B pre-money).
How does it compare with other Growth rounds in Cryptocurrency?
12 Growth rounds in Cryptocurrency within a year either side disclosed an amount; the median was $84M, and this round was 12 times the median.