Abu Dhabi-based 2PointZero Group has acquired a stake in Whoop Inc., the maker of screen-less fitness bands, deepening Gulf investment ties with high-growth health and consumer tech firms.
The investment firm, which manages about $33 billion in assets, disclosed the transaction in a regulatory filing without revealing financial terms.
Boston-based Whoop, founded in 2012, produces subscription-based, screenless fitness bands that track strain, recovery and sleep metrics. The company has raised more than $400 million from investors including SoftBank Vision Fund, IVP and GP Bullhound, according to the statement.
Whoop is considering an initial public offering as soon as the next two years and is exploring the addition of glucose monitoring to its platform, Bloomberg reported in November, citing founder and Chief Executive Officer Will Ahmed.
2PointZero is part of International Holding Co., the largest publicly traded company in Abu Dhabi by market value, whose rapid expansion has reshaped the emirate’s corporate landscape in recent years.
📌 Why it matters:
Gulf investors are increasingly targeting high-growth US tech firms before IPOs, seeking early exposure to emerging digital health innovations such as advanced biometrics.
📌 Bottom line:
2PointZero is positioning itself ahead of a possible public offering in a fast-expanding digital health niche, while Whoop strengthens its investor base as it scales technology and prepares for a potential market debut.
