Former Polymarket and Kalshi Team Raise $15M for On-Chain Prediction Market The Clearing Company

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By BlockFlowSep 03, 2025

A new startup by ex-Polymarket and Kalshi team secures $15 million to build a regulated, blockchain-based, and permissionless prediction market.

The Clearing Company, a startup founded by former team members of Polymarket and Kalshi, has raised $15 million in seed funding. The funding round was led by Union Square Ventures (USV) and included contributions from Coinbase Ventures, Haun Ventures, Variant, and other notable investors. The startup aims to create an on-chain, permissionless, and regulated prediction market platform.

Prediction markets have historically served as tools for collective intelligence, from their use on Wall Street before World War II to modern digital platforms. The Clearing Company seeks to modernize this concept by leveraging blockchain technology, offering real-time forecasts, and incentivizing unbiased predictions. The platform is designed to be user-friendly, engaging, and equipped with innovative liquidity solutions.

The founders bring experience from Polymarket, known for its decentralized prediction market, and Kalshi, which focuses on regulated event contracts. Combining these approaches, the startup aims to deliver a platform that balances decentralization with regulatory compliance, setting itself apart in the growing blockchain-based prediction market sector.

The $15 million raised will be used to build the platform and expand the team. The startup is actively seeking engineers and designers to help realize its ambitious vision for the future of prediction markets.