Fitness tracker startup Whoop raised $200 mn

Fitness tracker startup Whoop has raised $200 million in a Series F funding led by SoftBank’s Vision Fund 2.
Dollar spending on technologyWhoop will primarily use the new capital to invest in research and product development, international expansion and membership offerings.

The funding round also included venture capital firms IVP, Cavu Ventures, Thursday Ventures and tech investment bank GP Bullhound.

Boston-based Whoop said it has raised nearly $400 million till date.

Founded in 2012 by Will Ahmed, Whoop offers a monthly subscription for round-the-clock health monitoring through a free fitness band it provides with the membership.

The company’s tracker is the fitness band of choice for athletes including golfer Justin Thomas, Kansas City Chiefs quarterback Patrick Mahomes.