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Whoop Raises $575 Million at $10 Billion Valuation Ahead of IPO

Source: bloomberg.com

Whoop, a fitness tracker company, raised $575 million in new funding.
The investment values the company at $10 billion as it prepares for an IPO.
This funding will fuel growth ahead of going public on the stock market.

Whoop, the wearable fitness device maker, secured $575 million from investors at a $10 billion valuation. The round comes from big names like SoftBank and Fidelity, signaling strong confidence in its path to an initial public offering. It matters because it shows booming demand for health tech amid rising interest in personalized fitness data.