WHOOP, a Boston-based company specializing in wearable technology to support health and fitness, announced a Series G funding round totaling $575 million. The capital raise, which puts WHOOP’s valuation at $10.1 billion, will be invested in advancing its platform and global expansion effort.
Powered by billions of hours of physiological data and purpose-built AI models, WHOOP’s devices are designed to deliver personalized, predictive insights that allow members to better understand how their daily behaviors affect their long-term health. Its technology also enables detection of risks and early warning signs ahead of potential serious health events.
The company has been experiencing significant growth, hitting 2.5 million members. It’s hiring for more than 600 roles worldwide, with a focus on fueling research and development as it aims to build a unified system that helps members extend their healthspan, optimize performance and prevent disease.
“Our raise brings together the world’s most sophisticated investors, leading health institutions and iconic global athletes behind the mission to unlock human performance and healthspan,” Will Ahmed, WHOOP’s founder and CEO, said in a statement. “We are building the personal health platform that people use to improve their health and livelihood.”
