# Polymarket reportedly targets $1 billion round at $21 billion valuation

_Monday, August 31, 2026 at 4:05 PM EDT · Capital · Latest · Tier 2 — Notable_

Bloomberg reported that venture firm 1789 Capital is leading a new funding round for Polymarket that would value the prediction-markets platform at $21 billion post-money. The report says the round will raise $1 billion and identifies Donald Trump Jr. as a partner at 1789 Capital and an adviser to Polymarket.

## Sources

- [Techmeme](https://www.techmeme.com/260831/p36#a260831p36)

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