Whoop, a healthcare wearables developer, has secured $575 million in Series G funding, boosting its valuation to $10.1 billion. Their fitness tracker offers personalized insights on health metrics, including heart rate, sleep quality, and ECG readings to detect AFib. The funds will help expand their global reach, joining forces with investors like Abbott and Mayo Clinic, along with athletes like Cristiano Ronaldo and LeBron James. The popularity of healthcare wearables is rising, further propelled by recent regulatory changes from the FDA that ease market entry for certain devices intended for promoting healthy lifestyles.
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Link to original article source: https://www.techtarget.com/virtualhealthcare/news/366640807/Wearables-maker-Whoops-snags-575M-at-10B-valuation
