The fitness and sleep tracker provider was valued at $1.2bn in a round that involved SoftBank Vision Fund coming on board as a new investor.

Whoop, the US-based developer of a wearable health tracker, has raised $100m from investors including telecommunications and internet group SoftBank’s Vision Fund at a $1.2bn valuation, Bloomberg reported yesterday.

IVP, Two Sigma Ventures, Accomplice, Collaborative Fund, Thursday Ventures, NextView Ventures, Promus Ventures, Cavu Ventures and D20 Capital also took part in the round, as did Thirty Five Ventures, the investment vehicle for basketball professional Kevin Durant.

The round was filled out by former hedge fund manager Mike Novogratz and athletes…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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