Matt Siff
Co-founder
Reference data layer that gives prediction-market contracts canonical identities for institutions
Furnace (Furnace Systems Corporation) builds reference infrastructure for institutional prediction markets. The same real-world outcome often trades on several venues under contracts with different names, rules, resolution sources and settlement mechanics; Furnace gives each underlying economic exposure a persistent identity and maps venue-specific contracts to it while preserving those differences, delivered through an API. It currently covers Kalshi, Polymarket and Polymarket US and is built for trading firms, brokers, banks, data providers and other financial platforms. In October 2026 Furnace came out of stealth with a $3.5 million seed round led by North Island Ventures, with participation from VanEck Ventures, Reciprocal Ventures, Reverie, and angel investors from DTCC, Public.com and Commonweal Ventures.
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