Ex-Polymarket Team Started New Onchain Prediction Market Company and Closed $15M Seed Round : PMPMedia.io

By Arijit Roul - 2 Sep, 2025 More about the author

The Clearing Company, made by people from the prediction market platform Polymarket, finished a $15 million seed round led by Union Square Ventures, according to their announcement from Wednesday. Other money supporters in the round were Haun Ventures, Variant, Coinbase Ventures, Compound, Rubik, Earl Grey, Cursor Capital, Asylum and angel investors. Toni Gemayel, who co-founded the group, pointed out that prediction markets have been around a long time, but the internet now builds stronger collective insight. He mentioned polls running slowly and getting stuck in bias, but markets push the truth because mistakes lose money.

Building a New Structure

Scaling these markets needs making them easy to start, simple for trading and powered by new structures that give market liquidity, he explained. This startup wants to make prediction markets on chain and permissionless, aiming to fit regulation but keeping them open for regular users. Prediction markets let people trade contracts about real outcomes, joining in collective forecasts where getting it correct brings financial benefit. Polymarket and others worked in places with unclear rules, while The Clearing Company now tries to position itself as a platform that is clear about compliance, showing open infrastructure and liquidity setup.

Investor Outlook

Union Square Ventures, which has put capital into Coinbase and Uniswap before, expects that using a compliant structure could help move decentralised forecasting tools into regular use. The Clearing Company has not released a timeline for platform launch, but said its design will put focus on a balance between product ease for users and compliance with rules.