Skip to main content

Abu Dhabi's 2PointZero backs health tech giant WHOOP

1 min Sandrine Zimra

Abu Dhabi-based investment group 2PointZero has announced its participation in WHOOP's Series G funding round, joining a raise led by Collaborative Fund. The move signals a significant bet on the booming consumer health technology sector.

WHOOP's ties to the UAE run deep © MPP

WHOOP's ties to the UAE run deep © MPP

Abu Dhabi-based investment group 2PointZero has announced its participation in WHOOP's Series G funding round, joining a raise led by Collaborative Fund. The move signals a significant bet on the booming consumer health technology sector.

Founded in 2012 and headquartered in Boston, WHOOP has built one of the world's leading health and wellness platforms. Its subscription-based wearables deliver continuous health monitoring, personalised coaching and actionable insights to members across more than 200 countries.

For 2PointZero, the investment is a strategic fit. "We believe WHOOP has built a defensible moat at the intersection of technology, health and data," said CEO Samia Bouazza. "It is a category-defining platform with strong unit economics, a deeply engaged community, and a clear path toward scaled profitability."

The global wearables market is projected to reach nearly $300 billion by 2032 — and 2PointZero wants a piece of it.

A Strong UAE Connection

WHOOP's ties to the UAE run deep. "We've been building our presence in the UAE since 2017, when we first partnered with Expo 2020 Dubai," said WHOOP founder and CEO Will Ahmed. 

"Today, the UAE has become one of our strongest international markets." The new investment is expected to accelerate that growth further.

The company recently launched its WHOOP 5.0 and MG wearables, named among TIME Magazine's Best Inventions of 202, and partnered with Unilabs to offer a 65-biomarker blood testing panel to UAE members.

Sandrine Zimra

Sandrine Zimra

Sandrine Zimra has been a financial analyst for 25 years. Based in Geneva, she covers countries in the Middle East and travels regularly to the United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Egypt, and Israel. She contributes to Mena Today with her financial reports and insights on the region.

Related

Algeria

Algeria opens seven oil and gas blocks to foreign investment

With global energy markets in turmoil and the world scrambling for alternatives to Gulf supplies, Algeria has moved decisively, launching an international bidding round for new hydrocarbon concessions at precisely the right moment.

Lebanon

Flydubai to resume Beirut flights on April 18

The gradual return of normalcy to Lebanon is gaining momentum. Flydubai, Dubai's second largest carrier after Emirates, has announced the resumption of its flights to Beirut on April 18.

Subscribe to our newsletter

Mena banner 4

To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.

  • Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.