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Whoop Raises $575 Million, Hitting $10.1 Billion Valuation

The funding signals a push toward global expansion with an IPO next.

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4/1/26

Overview

  • Whoop, which announced the Series G on Tuesday, said the $575 million round values the company at $10.1 billion.
  • The investor mix included Qatar Investment Authority, Mubadala, 2PointZero Group, Abbott, Mayo Clinic, and athletes such as Cristiano Ronaldo and LeBron James.
  • The company plans to open a research lab in Doha, hire about 600 people, and speed expansion across Europe, Asia, Latin America, and the Gulf.
  • Whoop reported 2.5 million members, 103% bookings growth in 2025, a $1.1 billion bookings run rate, and positive operating cash flow.
  • CEO Will Ahmed said this is likely the last private round before an IPO, and outlets differed on whether Collaborative Fund or Gulf sovereign funds led the financing.