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Former Accel and GoTo executives raising funds for prediction market startup Agara

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Prediction markets startup Agara is in talks to raise $5 million in a new funding round, according to sources aware of the discussions.

“Accel will invest in the round,” said one person familiar with the matter, adding that discussions are ongoing and terms could still change. “The company is seeking a post money valuation of around $20 million.”

As per sources, the round size may increase, with more investors to join.

Founded by Nikhil Ramesh and Manasjoti Saloi, Agara is building an opinion sharing and prediction markets platform that allows…

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