Whoop Raises $575 Million at $10.1 Billion Valuation Despite FDA Rift

Whoop, a company specializing in wearable health devices, has successfully raised $575 million in funding, pushing its valuation to $10.1 billion despite an FDA rift, with its CEO confirming an IPO as the next strategic step.

31 Mar, 09:06 — 31 Mar, 10:00

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Why this matters

This significant funding round and confirmed IPO plans indicate Whoop's strong growth and potential to become a major player in the rapidly expanding wearable health technology market. It reflects increasing investor confidence in digital health solutions and could influence future trends in personal health monitoring.

Key entitiesWhoop FDA LeBron James Cristiano Ronaldo

The Story

What 5 sources agree on, dispute, and miss

What sources agree on

Whoop raised $575 million in its latest funding round
The company's valuation is now around $10-10.1 billion
Whoop's CEO has stated that an IPO is the company's next step

Key claims3 agreed · 1 unverified

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Whoop raised $575 million in its latest funding round.

agreed·YahoowsjbloombergFTNYT

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The Story

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Geographic diversity— 2 regions9/34

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Sources

Showing 3 of 5 sources

bloombergHigh46d ago

Whoop Raises $575 Million at a $10 Billion Valuation on Its Way to an IPO - Bloomberg.com

Whoop Raises $575 Million at a $10 Billion Valuation on Its Way to an IPO Bloomberg.com

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NYTMostly Factual46d ago

Whoop, a Wearable Health Device Maker, Raises $575 Million

With elite athletes like LeBron James and Cristiano Ronaldo as investors, the company, now valued at $10 billion, is courting everyday health enthusiasts.

By Niko Gallogly

Read full article →

FTVery High46d ago

Whoop hits $10bn valuation as health tracking takes off

Wearable device maker eyes IPO after raising $575mn from sovereign wealth funds and top athletes

Read full article →

Coverage Timeline

First report: NYT · 31 Mar, 09:06|Full coverage: 5 · 7h|Window: 7h

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NYT31 Mar, 09:06First to report

Whoop, a Wearable Health Device Maker, Raises $575 Million

FT31 Mar, 09:14

Whoop hits $10bn valuation as health tracking takes off

bloomberg31 Mar, 10:00

Whoop Raises $575 Million at a $10 Billion Valuation on Its Way to an IPO - Bloomberg.com

wsj31 Mar, 11:00