Private Markets, Angel and Secondary Investing, Sacra

Sacra

Bringing transparency to private markets so investors, founders, and employees can build on conviction.

Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Markets, Angel and Secondary Investing

Bringing transparency to private markets so investors, founders, and employees can build on conviction. Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Capital Markets

<ul><li>Sacra estimates Kalshi hit $3B in annualized revenue in June 2026, up from $735M in 2025.</li><li>Kalshi built the dominant domestic market with exclusive distribution deals with Robinhood and Coinbase, but it now faces real competition at home.</li><li>Robinhood has launched its own CFTC-licensed exchange &amp; is now routing its highest-volume World Cup match outcome contracts away from Kalshi.</li></ul>

Sacra estimates Kalshi hit $3B in annualized revenue in June 2026, up from $735M in 2025.Kalshi built the dominant domestic market with exclusive distribution deals with Robinhood and Coinbase, but it now faces real competition at home.Robinhood has launched its own CFTC-licensed exchange &amp; is now routing its highest-volume World Cup match outcome contracts away from Kalshi.

Kalshi

Kalshi At $3B/year