https://www.whoop.com/au/en/ ours has better technology backing...

https://www.whoop.com/au/en/ ours has better technology backing it up

if it’s 4 billion dollars worth isn’t that 90x current Cdx share price to compare?


summary and answer from meta ai

WHOOP is a wearable technology company that offers a fitness tracker designed to provide personalized insights to improve overall fitness. Here's a rundown of what they do:-

*Product:
* WHOOP offers a wearable device that measures strain, recovery, and sleep. The device is designed for athletes and individuals who want to optimize their physical performance.

- *Features:
* The device tracks various metrics, including heart rate variability, resting heart rate, and respiratory rate. It also provides a daily recovery score and suggests exertion goals based on the user's recovery and sleep.

- *Subscription Model:* WHOOP operates on a subscription-based model, where users pay a monthly or annual fee to access the device and its features. The hardware is free, and the subscription costs $18/month or $180/year.

- *Revenue:* WHOOP has raised $418 million in funding, with a valuation of $3.6 billion.¹
- *Sales:* While I couldn't find the exact number of devices sold, WHOOP has reportedly grown its user base significantly, with over 1 million devices sold.²
- *Marketing Strategy:* WHOOP focuses on building a strong community of users, partnering with influencers and athletes, and creating engaging content to promote their brand.
- *Partnerships:* WHOOP has partnered with various organizations, including the NFL Players Association, MLB, and the Navy SEALS, to provide their wearable devices to athletes and teams.
- *Competitors:* WHOOP competes with other wearable technology companies, such as Fitbit, Oura, and Apple.

WHOOP doesn't have FDA approval as a medical device for diagnosing diseases or illnesses. However, they do offer a Health Monitor feature that tracks key health metrics like heart rate, respiratory rate, and skin temperature.¹

It's worth noting that WHOOP is eligible for reimbursement through Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) in the United States. This means that users can use pre-tax dollars to purchase WHOOP memberships and related products.² ³

While WHOOP itself isn't FDA-approved, there are other wearable devices on the market that have received FDA clearance or approval for specific medical applications.⁴

imo dyor