Polymarket

About:

Polymarket is a prediction market platform where traders predict future event outcomes, reacting to news in real time.

Website: https://polymarket.com

Twitter/X: polymarket

Top Investors: General Catalyst, Polychain, Robot Ventures, Balaji Srinivasan, Founders Fund

Description:

Polymarket is a prediction market platform that allows users to bet on the outcomes of various global events using cryptocurrency. Polymarket operates on the Ethereum blockchain, utilizing the Polygon network to enhance scalability and reduce transaction costs. Users connect to the platform through an Ethereum-compatible wallet and use the USDC stablecoin to place bets on events, ranging from political outcomes to entertainment predictions​.

Total Funding Amount:

$74M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

New York, New York, United States

Founded Date:

2020-03-01

Founders:

Shayne Coplan

Number of Employees:

11-50

Last Funding Date:

2024-05-14

IPO Status:

Private

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