The Goodwin Technology team advised WHOOP, a leading human performance company, on its $575 million Series G financing round, which values the company at $10.1 billion. The round was led by Collaborative Fund and included global participation from 2PointZero Group, Qatar Investment Authority (QIA), Mubadala Investment Company, Abbott, the Mayo Clinic, Macquarie Capital (entities administered by Macquarie Capital), Glade Brook, B-Flexion, IVP, Foundry, Accomplice, Affinity Partners, and Bullhound Capital alongside a group of prominent global athletes and individual investors. Proceeds from the financing will support the global expansion of WHOOP and further development of the company’s AI-powered personalized health platform.
WHOOP delivers a wearable membership to help people live healthier, longer lives and unlock extraordinary potential. Through a powerful 24/7 wearable with a 14-day battery life, WHOOP provides intelligent health guidance across sleep, recovery, strain, fitness, and longevity. The health platform includes an FDA-cleared ECG, a Healthspan longevity feature, Blood Pressure Insights, and Advanced Labs blood biomarker analysis. Research shows that people who wear WHOOP daily log more than 90 additional minutes of exercise per week, get over two extra hours of sleep, and have 10% higher heart rate variability. Trusted by millions of members worldwide including athletes, global leaders, military operators, executives, and artists, WHOOP has become a modern symbol of disciplined, intentional living. WHOOP was founded in 2012 and is headquartered in Boston. The company has raised more than $900 million in venture capital, ships to 56 countries, and operates in six languages.
The Goodwin team was led by Dave Cappillo, Rob Dzialo, Cody Goodwin, Matt Kane, Tori Stark, Megan Riley, Joe Theis, Paul Jin, Ortal Ben Aharon, Steve Charkoudian, Scott Bluni, Janet Andolina, Steven Tjoe, Rich Matheny, Justin Pierce, Charles Li, Cammy Contizano, Roger Cohen, Maggie Wong, Scott Zilora, and Matt Denny.
For more information, please read the press release.