WHOOP, the human performance company founded by Egyptian-American entrepreneur Will Ahmed, has secured US$575 million in a Series G funding round at a valuation of $10.1 billion.
The round was led by American venture capital firm Collaborative Fund, with participation from GCC-based investors like the UAE's 2PointZero Group and Mubadala Investment Company, and Qatar Investment Authority, alongside global investors like Abbott, Mayo Clinic, Macquarie Group, Glade Brook Capital Partners LLC, B-FLEXION, IVP, Foundry, Accomplice, Affinity Equity Partners, and Bullhound Capital. Individual participants included notable names like Cristiano Ronaldo, LeBron James, Rory McIlroy, Reggie Miller,Niall Horan, Virgil van Dijk, Shane Lowry, and Karen Wazen.
Founded in the US in 2012, WHOOP provides a wearable device that tracks biometric data to deliver personalized insights on sleep, recovery, and overall health. The new investment in WHOOP is set to support its expansion across the GCC, Europe, Latin America, and Asia, with the company's plans including the launch of WHOOP Labs Doha, its first international performance research and development facility, as well as new initiatives across the UAE and Qatar aimed at driving adoption and supporting the region’s performance science sector.
The number of GCC investors in WHOOP’s Series G round underscores the region’s strategic importance to the company. "We’re proud to be joined by partners from the GCC who share our long-term vision for personalized, preventative health," Ahmed told Inc. Arabia. "The GCC is one of the most forward-looking regions in the world when it comes to health, performance, and longevity. We’re experiencing a lot of momentum on the ground—from launching WHOOP Labs Doha, to expanding our local teams, and growing our retail footprint in multiple markets. We’re also developing meaningful partnerships across the region that integrate WHOOP into broader health and performance ecosystems. There’s a strong alignment between what we’re building and the region’s focus on innovation and proactive healthcare. We’re committed to investing here for the long term."
More insights from Ahmed in our full article: https://lnkd.in/dYa9DEqD
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