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The Late Stage 50 · 2026 edition · #22 of 50

Polymarket

A prediction market where users bet on future events across various topics.

Access late stageBack to the list
US$1.0bn+Run-rate · Jun 2026
—growth not disclosed
#22rank by disclosed revenue

The figure

Revenue
surpassed $1 billion
Run-rate · Jun 20261Reuters · 26 June 2026
In US dollars
US$1.0bn+
as stated
Standing
reported
Named press, described source — Reuters; the figure is attributed in the article
Published
26 June 2026
accessed 17 Oct 2026
Evidence
“annualized revenue has surpassed $1 billion, a source familiar with the matter told Reuters” — as read on the source page1Reuters · 26 June 2026
Growth
—
no comparable year-on-year figure: rates over periods shorter than a year, or built on floors or approximations, are not shown

Context

Founded
2020
2polymarket.com
Headquarters
New York City, United States
2polymarket.com
Sector
Fintech
Prediction market
Website
polymarket.com
Valuation
US$20bn
reported talks (>USD 20bn, Bloomberg, citing people familiar) · Aug 2026 · as reported, not part of the ranking3Bloomberg
Status
Private as of 17 October 2026
Private; Bloomberg/The Standard HK (4 Aug 2026) and NYT/Yahoo (Aug-Sep 2026) report a fundraising round at a $20-21bn valuation. No S-1/F-1/DRS by Polymarket in EDGAR full-text search.4status check · 17 Oct 2026

Market context

Forge Price
$133.04 per share
Forge Private Market Index constituent · weight 1.84%5Forge Global · 17 Oct 2026
Forge valuation
$13.65B
implied from the Forge Price5Forge Global · 17 Oct 2026
Last round · Forge
Series E (03/26/2026): $144.08 per share, $15B post-money valuation, $1B raised
5Forge Global · 17 Oct 2026
Clarity Price
$127.86 per share
Clarity Liquidity Index (C50) member, rank 4 of 506Clarity (formerly Hiive) · 17 Oct 2026
Last round · Clarity
Series E (April 2026): $15B post-money, $144.07 per share, $1B raised
6Clarity (formerly Hiive) · 17 Oct 2026

Secondary-market indications are published by Forge Global and Clarity (formerly Hiive) on the dates shown; ratings and margins marked “estimate” are a third party's estimates as reported by the named outlet. None is an offer, and none is part of the ranking.

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References

Every figure on this page, by source.

  1. 1Reuters · 26 June 2026finance.yahoo.com/markets/crypto/articles/prediction-market-platform-polymarket-tops-14475…
  2. 2polymarket.comhelp.polymarket.com/en/articles/13364060-what-is-polymarket
  3. 3Bloombergwww.thestandard.com.hk/finance/article/339045/Polymarket-seeks-over-US20-billion-valuation…
  4. 4status check · 17 Oct 2026finance.yahoo.com/markets/crypto/articles/trump-jr-linked-firm-reportedly-073634457.html
  5. 5Forge Global · 17 Oct 2026forgeglobal.com/polymarket_stock/
  6. 6Clarity (formerly Hiive) · 17 Oct 2026www.clarity.com/browse-companies/polymarket-stock

Every link was opened on 17 October 2026 and the figure read on the page. Secondary-market indications, where shown, are provided by Forge Global and Clarity (formerly Hiive), are not offers, and play no part in the ranking.