Defense Tech Signals · Capital vs. Contracts Open-source analysis · public data only Data as of Nov 8, 2026 · obligations refresh every other Monday
NatSec100 #39

Whoop

Recipient: WHOOP, INC. · UEI LWA6KPGJYCG7

About $163 raised for every $1 obligated. 100% of it came through prime contracts.

Capital raised
$1.0B
Federal obligations, FY2020–FY2026
$6.3M
Raised per $1 obligated
163×
Latest valuation
$10.1B
Series G, Mar 2026

Obligations by fiscal year

$M
1.0 FY20 3.2 FY21 0.6 FY22 1.0 FY23 0.2 FY24 0.2 FY25 0.1 FY26

Prime contracts Other Transactions Subawards

Contract mix

Prime contracts
$6.3M
Other Transactions
$0
Subawards
$0

Cite this: Defense Tech Signals, "Capital vs. Contracts: Whoop," data as of 2026-11-08, https://data.defensetechsignals.com/c/whoop/.

Coverage: prime contracts, IDVs and grants (USAspending), direct Other Transactions (FPDS) and subawards received, FY2020–FY2026. Not included: consortium OTs, FY 2027 so far, loans and classified work. Capital raised: Compiled from announcements and press (Oct 2026). Obligations last refreshed 11/5/2026.