Whoop valued at US $3.6Billion

There's a lot of commentary on Whoop being similar to Medibio.
Couple of things to point out...

1) Whoop started on fitness and targeted at athletes, and is now moving in to overall mental health and in the corporate space... Medibio is focused on mental health for corporates and individuals with 20 years of development.

2) Whoop has it's own hardware which syncs to an app.. it's more like Fitbit. Medibio uses existing hardware like Garmin & Apple Watch and relies on it's patented algo's.

I think the point is - the comparison is great as Whoop is recently valued at $3.6Billion !! But I think the better comparison is Headspace & Ginger.. where the merger is worth $3 Billion

There is a lot of money in this space... We are at AUD $23million MC and we are focused on US.

Hope my patience pays off.. lol!

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WHOOP

"The Series F round brings Whoop’s total funding to nearly $405 million — a pretty massive investment for a company of its size. The round, led by SoftBank’s Vision Fund 2, puts the valuation at a jaw-dropping $3.6 billion valuation"

https://techcrunch.com/2021/08/31/whoop-raises-another-200m-for-its-athlete-focused-fitness-wearable/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGzmzgocCTYHT9CBWYtF_8dIiRcKQZIxYt84l-9PHlHXGVWt2Rm_aOrUPgh48OGe4Ys8OTqM2acgwdg-UR6XXw-wy84NMAqiBRPQTR5u34WkUdNm_up7cO09P_C1i0Hz1iUTfWBzDxRrbLrrO1uFBNZlt-3ZnklMu8e74Wg5L675

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Headspace & Ginger

"the two companies will combine to form Headspace Health. The new organization would sport a combined value of $3 billion and a headcount of more than 800"

https://techcrunch.com/2021/08/25/headspace-and-ginger-are-merging-to-form-headspace-health/