Polymarket Raises $1B in Series C+ Led by 1789 Capital

Polymarket, a blockchain-based prediction market platform, has raised $1 billion in a Series C+ funding round. The round was led by 1789 Capital, according to a filing dated August 31, 2026.

Company Background

Polymarket allows users to bet on the outcomes of various events, leveraging blockchain technology to facilitate transparent and decentralized trading. The platform has gained mainstream financial recognition, positioning itself as a significant player in the prediction market space.

Funding Details

The funding round was structured as a Series C+ and raised a total of $1,000,000,000 USD. The lead investor was 1789 Capital, with no other investors listed in the filing.

Implications

This substantial capital infusion is expected to further Polymarket's growth and expansion. The company's innovative approach to event prediction has attracted significant attention, and this funding will likely enable it to scale its operations and enhance its platform.

As of the funding date, Polymarket continues to operate at polymarket.com, offering a unique venue for users to speculate on real-world outcomes.