Abbott Joins Whoop’s $575m Series G at Over $10bn Valuation
Whoop closed a $575m Series G round valuing the wearable health platform at over $10bn and included investors Qatar Investment Authority, Mayo Clinic, Cristiano Ronaldo and LeBron James. Abbott joined as a strategic investor to bolster its diagnostics, medical device and nutrition offerings while accelerating Whoop’s global expansion.
1. Abbott Becomes Strategic Investor
Abbott invested in Whoop’s Series G round, integrating its diagnostics, medical devices and nutrition expertise to support Whoop’s personalized health insights and drive digital health innovation across its global portfolio.
2. Series G Financing Details
The $575m Series G financing was led by Collaborative Fund and featured contributions from the Qatar Investment Authority, Mayo Clinic, Cristiano Ronaldo and LeBron James, bringing Whoop’s valuation to over $10bn.
3. Growth Outlook and Regulatory Context
Whoop plans to use the new capital to accelerate international expansion and scale its AI-powered platform, which processes 24bn hours of physiological data, while addressing a recent FDA warning over its blood pressure insights feature requiring medical device clearance.