Whop Secures $200M Investment From Tether At $1.6B Valuation For Global Expansion

Whop has raised $200M in a strategic investment from Tether at a $1.6B valuation, aimed at expanding access to sustainable online income opportunities for Tether’s 500M monthly users. Whop facilitates $3B in annual earnings across more than 130 countries, with 20M users and gross transaction volume growing 25% month over month. Customers range from Samsung and Netflix to F1 and the NFL, plus startups like Polymarket and ElevenLabs and tens of thousands of solopreneurs. The funding will accelerate expansion across Latin America, Europe, and Asia-Pacific, support new financial infrastructure, and roll out AI tools focused on “agentic income” for the next generation of entrepreneurs. In partnership with Tether, Whop will also enable stablecoin payments across its global network and further position itself as a destination where the internet does business. Whop is backed by Bain Capital Ventures, A*, Peter Thiel, Guillermo Rauch, and Insight Partners. FOUNDERS: Steven Schwartz, Cameron Zoub, & Jack Sharkey INVESTOR: Tether Investments AMOUNT: $200,000,000 VALUATION: $1,600,000,000 HQ: Brooklyn, New York #VentureCapital #Whop #TetherInvestments #TradedVC

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Puppy Sphere Secures Seed Round Of $24 Million From Strategic Investors Including The School Of Hard KnocksPuppy Sphere (@ThePuppySphere), a New York-based wellness brand centered on the human-animal bond, has raised a Seed round from a group of strategic investors including The School of Hard Knocks, Tobi Oluwole, Jake Fleshner, Torch Collective, former Massage Envy CEO David Humphrey, and other founders and operators. Founded by Francesca Albo and Lea Burbidge Izquierdo, Puppy Sphere has scaled its puppy yoga concept into a broader experiential wellness platform with 13 studios, corporate wellness programs, brand partnerships, and live activations, serving more than 450,000 customers and partnering with companies including Google, Amazon, Netflix, TikTok, and the NBA. FUN FACT: Puppy Sphere was born from two Canadian founders’ own mental health journeys and has since grown into 13 studios across North America, $14M+ in cumulative revenue, and 450,000+ customers, all without outside capital. Along the way, the brand has welcomed names like Sabrina Carpenter, Simu Liu, Trevor Noah and Alessia Cara, while building a broader wellness platform around the gentle power of puppy therapy. Now Puppy Sphere is opening its cap table for the first time through a strategic angel round, bringing together leaders across media, consumer growth and wellness, including The School of Hard Knocks, former Massage Envy CEO David Humphrey, growth entrepreneur Tobi Oluwole, and Nucleus Network co-founder Jake Fleshner, alongside a broader group of strategic founders and operators. The vision: bring the gentle power of puppy therapy across the globe. FOUNDERS: Francesca Albo (@FrancescaaAlbo), Lea Burbidge Izquierdo (@LeaburbIz) INVESTORS: The School of Hard Knocks (@TheSchoolofHardKnockz), Tobi Oluwole (@TheTobiOluwole), Jake Fleshner (@JakeFleshner) Torch Collective, Heather Stark, Will Bodewes, Craig Zingerline & more ROUND: Seed VALUATION CAP: $24,000,000 HQ: New York, New York #VentureCapital #PuppySphere #TradedPartner #FrancescaAlbo #TradedVC