Polymarket

Company research

Public company, workplace, funding, and market signals

Updated Aug 5, 2026

Overview

Polymarket is a New York-founded financial-technology and crypto company operating a decentralized prediction-market platform. Users trade YES/NO outcome contracts on real-world events, with market prices serving as continuously updated crowd-implied probabilities. The company positions the product as an information market that helps separate signal from noise, rather than merely a betting venue.

Primary product

Polymarket prediction-market platform, including international blockchain-based markets, regulated U.S. exchange access, market data, APIs/SDKs, and related institutional data distribution.

Founded

2020

Headquarters

New York City, New York, United States

Team size

200-300 (third-party LinkedIn/company data); other public sources report 51-100, so the exact current count is uncertain

Work style

Flexible

Industry

Financial technology / Software Development

Sub-industry

Prediction markets, event contracts, cryptocurrency and blockchain trading infrastructure

Offices

New York City, New York, United States

Business model

Transaction/trading-related revenue from prediction markets

Institutional licensing and distribution of event-market data

API/SDK and developer-platform ecosystem

Regulated U.S. exchange operations

Funding

Stage

Private, late-stage venture / growth financing; reported 2026 fundraising discussions are not necessarily closed

Latest round

Reported April 2026 financing round · Apr 2026

Strategic investment / reported financing

Mar 2026 · Intercontinental Exchange

$600M

Strategic investment

Oct 2025 · Intercontinental Exchange

$2B

Late-stage venture round

Jun 2025 · Founders Fund

$200M

Series A

May 2024 · General Catalyst

$25M

Series B

May 2024 · Founders Fund

$45M

Seed

Oct 2020 · Polychain Capital

$4M

People & investors

Leadership

Shayne Coplan

Founder and CEO

Hayk Mkrtchyan

Engineering lead, U.S. exchange

Neal Kumar

Executive leadership; exact current title not reliably public

Nelson Perla-Ward

Executive leadership; exact current title not reliably public

Kunal Roy

VP of Engineering, Polymarket US

Cesare Naldi

Head of Dev Tooling

Kai Brusch

Head of Data

Kyra Ayo Caros

Head of Corporate, Legal

Jacob Shamberger

Head of People Experience

Investors

Intercontinental Exchange

Joe Gebbia

Kevin Hartz

Neptune Digital Assets

Work & culture

Public careers and recruiting material describes a mission-driven, high-ownership environment focused on decentralized finance, information markets, quantitative trading, derivatives, and execution speed. Third-party engineering coverage characterizes the culture as startup-like, technically demanding, trader-adjacent, and favoring co-location for core engineering, while some remote roles exist.

Work style

Flexible

Compensation

Public job postings signal competitive salary plus equity but generally do not disclose standardized ranges. Third-party estimates place senior engineering total compensation roughly in the $250,000-$370,000 range, but these are not official company figures and should be treated cautiously.

Benefits

Competitive salary and equity

Unlimited PTO

Health, vision, and dental coverage

401(k) match

New MacBook Pro and display/accessories hardware setup

Product & market

Pricing

Trading markets use outcome contracts and crypto/stablecoin settlement; public sources reviewed do not establish a single universal fee schedule. Data/API and institutional distribution may be commercial, but detailed pricing was not found.

Differentiators

—Transparent, market-based implied probabilities in real time
—Blockchain-based settlement and public verifiability
—Peer-to-peer marketplace rather than a centralized house
—Broad coverage spanning politics, geopolitics, sports, finance, crypto and culture
—Strong media visibility and data partnerships
—International scale combined with a regulated U.S. exchange strategy
—Public APIs, SDKs and developer ecosystem

Technology

Polygon blockchain

Ethereum-compatible smart contracts

USDC/stablecoin settlement

Solidity

Python

TypeScript/JavaScript

React

Go/Rust/C++/Java for exchange and backend roles

AWS

Redis

RabbitMQ

Kafka/Pulsar-compatible streaming systems

ClickHouse

Apache Pinot

Snowflake

Grafana

Auth0

Okta

Stripe

Customers

Individual traders and crypto-native users

Financial institutions using markets for research, hedging, and investing

The Wall Street Journal

Barron's

MarketWatch

X users

Substack publishers

Yahoo Finance users

Developers integrating Polymarket APIs/SDKs

Competitors

Kalshi

Coinbase prediction markets

Robinhood prediction markets

Traditional sports/event betting platforms

Scale & contact

Estimated revenue

Reported annualized revenue was well above $1 billion in June 2026; this is a run-rate claim, not audited annual revenue.

Estimated monthly visits

30M

Traffic estimate as of Aug 2026

Signals & risks

Other

Jan 2022

The CFTC announced a $1.4 million settlement and cease-and-desist action over allegedly unregistered event contracts; Polymarket agreed to wind down non-compliant markets and block U.S. users.

Source

Acquisition

Jul 2025

Polymarket acquired CFTC-licensed exchange and clearinghouse QCEX for $112 million to support regulated U.S. market access.

Source

Acquisition

Mar 2026

Polymarket acquired DeFi infrastructure company Brahma; terms were undisclosed and Brahma said its existing products would be phased out within 30 days.

Source

Other

Jun 2026

CNBC reported an ongoing CFTC investigation following reporting about allegedly misleading promotional content. Polymarket said it was auditing active promotional content.

Source

Latest news

Polymarket seeks fundraising round at more than $20 billion valuation

CNBC · Aug 2026

CNBC reported that Polymarket was discussing a potential new round at a valuation above $20 billion and said the company had reported annualized revenue well above $1 billion.

Polymarket targets $20 billion valuation as competition heats up

CoinDesk · Aug 2026

CoinDesk reported possible new financing discussions and described competition from Kalshi, Coinbase and Robinhood.

CFTC is conducting an investigation into Polymarket

CNBC · Jun 2026

CNBC reported an ongoing CFTC inquiry connected to alleged misleading promotional content; Polymarket said it was auditing promotional material.

Polymarket acquires Brahma to build reliable financial blockchain infrastructure

CoinDesk · Mar 2026

Polymarket acquired Brahma, bringing in its team and blockchain execution/settlement technology; deal terms were undisclosed.

Polymarket acquires CFTC-licensed exchange and clearinghouse QCEX for $112 million

Polymarket / PR Newswire · Jul 2025

The acquisition was announced as the foundation for Polymarket's regulated U.S. re-entry.

Jobs and careers at Polymarket

83 jobs at Polymarket

Director of CX Operations

Remote

Remote; United States

1d ago

Remote

Full-time