Oryon
Portfolio indexActive · Series A · 2022
ActiveConsumer crypto apps

Polymarket

CategoryPrediction · App
HeadquartersNew York
FoundersShayne Coplan
— Overview

Polymarket is the largest prediction market by volume, letting users trade contracts on the outcome of political, economic, and cultural events. The platform settled $2.8B in monthly volume during Q1 2026 across 12,000+ active markets, and has become the go-to primary source for probability-based news coverage.

The 2024 election cycle was the platform's inflection point: mainstream outlets from the New York Times to CNN cited Polymarket odds in real-time, and daily active users doubled twice inside three months. The team parlayed that attention into a sustained editorial partnership with Nate Silver and a growing mobile-first user base of 1.4M.

In 2026 Polymarket is expanding into sports, entertainment, and macro-economic markets while working through regulatory clarity in the United States following the 2025 CFTC guidance.

— By the numbers
$2.8B
Monthly volume
12K+
Active markets
1.4M
Users
2020
Founded
— Investment
Round
Series A 2022 · Growth 2024
Our role
Lead
Check size
$10M initial · $25M follow-on
Co-investors
Founders Fund · 1confirmation · Vitalik Buterin
Board seat
Haseeb Qureshi
— Our thesis

The first prediction market with genuine consumer momentum. Election cycle 2024 proved the surface, we doubled down on the growth round.

— Team
SC

Shayne Coplan

CEO & Founder
DN

David Nawi

COO
JS

Jack Such

CTO
NS

Nate Silver

Advisor & Editorial
— Timeline
  1. 2020Founded by Shayne Coplan
  2. Q3 2022Oryon Series A
  3. Nov 2024US election cycle, 3× user growth
  4. Q1 2026Sports and macro markets launch
— Latest update

Monthly volume crossed $2.8B during Q1 2026 events. Mobile app launch imminent.

— In the press

Polymarket has become the ticker of choice for the political class.

New York Times, 2024

The most important consumer surface crypto has produced this decade.

Not Boring, 2025