Fierce Healthcare August 31, 2021
Whoop, which makes wearable fitness tracking technology, raised $200 million in a series F funding round as the company looks to grow internationally.
The latest capital influx brings the company’s valuation to $3.6 billion, making it the most valuable standalone company of its kind in the world, Whoop claims. The round was led by SoftBank Vision Fund 2. Alongside SoftBank, IVP, Cavu Ventures Thursday Ventures, GP Bullhound, Accomplice, NextView Ventures and Animal Capital also participated. The company has raised approximately $400 million to date.
As part of the funding round, SoftBank Investment Advisers Investment Director Kristin Bannon will be joining the Whoop board of directors.
Whoop continues to experience tremendous user growth, particularly in the past year, Bannon in...