Performance Wearables Company WHOOP Valued at $3.6 Billion After Second Round of Financing - NewsBreak

It is a good time to be a fan of WHOOP. On Aug. 30, 2021, the performance wearables giant announced that it reached a valuation at $3.6 billion according to the company's founder and CEO Will Ahmed. Ahmed posted a video to his Instagram page wherein he stated that WHOOP "raised $200 million in a new round of financing led by Softbank." The Softbank Group is a Japanese multinational conglomerate holding company pushing hard into the fitness tech space. Softbank also invested $100 million in the home gym company Tempo in 2021.