Pascal Raises $9M Series A
Pascal, a New York-based startup, has raised $9 million in a Series A funding round to develop its institutional-grade prediction market platform. The company aims to differentiate itself from existing players by providing a professional-grade trading venue focused on perpetual futures rather than binary options.
The funding round was led by Union Square Ventures, a firm known for its early investments in major crypto and fintech companies.
The company plans to use the capital to further build out its platform, which focuses on advanced order types, improved execution quality for professional traders, and competitive fee structures for its prediction market services.
Founded to serve as an alternative to traditional prediction markets, Pascal provides a platform that operates similarly to perpetual futures trading, allowing traders to maintain positions indefinitely. The company launched its private beta in June 2026 and focuses on serving serious traders and institutional clients with sophisticated financial tools.
Funding Details
Company Website: https://pascal.trade
Company: Pascal
Raised: $9M
Round: Series A
Funding Date: July 16, 2026
Lead Investor: Union Square Ventures
Software Category: Fintech