# Polymarket

**Source:** https://www.startuphub.ai/startups/polymarket
**Profile type:** Startup

> A blockchain-based prediction market platform for trading shares on real-world event outcomes.

## About

Polymarket is a decentralized information market platform that allows users to trade shares on the outcomes of real-world events, including politics, sports, and economics. By leveraging blockchain technology and USDC stablecoin, it provides a transparent, global, and efficient marketplace for event-based derivatives.

## Key facts

- **Slug:** polymarket
- **Website:** https://polymarket.com
- **Location:** New York, United States
- **Founded:** 2020-06-01
- **Employees:** 445
- **Operating status:** Active
- **Total funding:** $3.1B
- **Sectors / tags:** Prediction Market, Blockchain, DeFi, Crypto Exchange, Web3, Fintech, Decentralized Finance, Event-Based Derivatives, Cryptocurrency
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/polymarket
  - Twitter: https://x.com/polymarket
  - Facebook: https://www.facebook.com/polymarket

## Frequently asked

### What does Polymarket do?

Polymarket is a decentralized information market platform that allows users to trade shares on the outcomes of real-world events, including politics, sports, and economics. By leveraging blockchain technology and USDC stablecoin, it provides a transparent, global, and efficient marketplace for event-based derivatives.

### What is Polymarket's valuation?

StartupHub estimates Polymarket's effective valuation at $14.3B (range $10.0B to $18.6B, 37% confidence), based on comparable companies in the sector.

### How much funding has Polymarket raised?

Polymarket has raised a total of $3.1B in funding. The most recent round on record is Series B.

### Where is Polymarket headquartered?

Polymarket is headquartered in New York, United States.

### When was Polymarket founded?

Polymarket was founded in 2020.

### What industry does Polymarket operate in?

Polymarket operates in Prediction Market, Blockchain, DeFi, Crypto Exchange, Web3, Fintech.

### How many employees does Polymarket have?

Polymarket has approximately 445 people on record.

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