# Whop funding: rounds and investors

> Whop has raised $400M across 2 rounds since 2026. Investors include Sequoia Capital, Tether and Shopify Ventures. Every round with its source.

Source: https://millionrounds.com/company/whop (Millionrounds; every figure on the page links to its filing or article)

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Whop*

2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Advertising & Adtech AI E-commerce Fintech

Raised 1 month ago Valuation: $1.6B, Mar 2026

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Funding summary Updated 5 Nov 2026

**$400M** raised across 2 rounds since 2026, from 13 sources

**$200M** Round **$200M** Series D

- **Latest round:** Series D, $200M Oct 2026
- **Led by:** Sequoia Capital and Shopify Ventures
- **Investors:** 7 (3 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2027

**$200M** Round

**$200M** Series D

- **First round:** Round, $200M
- **Biggest round:** $200M
- **Between rounds:** 8 months

## The rounds

- **Oct 2026** Series D **$200M** *2 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) Lead [Shopify Ventures](https://millionrounds.com/fund/shopify-ventures) Lead Reported by Wowtale and 10 others
- **Feb 2026** Round **$200M** *5 new* [Tether](https://millionrounds.com/fund/tether) Lead [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [SignalFire](https://millionrounds.com/fund/signalfire) [Motley Fool Ventures](https://millionrounds.com/fund/motley-fool-ventures) Reported by Ventureburn and 1 other

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2026 **Series D** 2026 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) L [Tether](https://millionrounds.com/fund/tether) L [Shopify Ventures](https://millionrounds.com/fund/shopify-ventures) L [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [SignalFire](https://millionrounds.com/fund/signalfire) [Motley Fool Ventures](https://millionrounds.com/fund/motley-fool-ventures)

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round, led 1

[Tether](https://millionrounds.com/fund/tether) Investment firm **1** round, led 1

[Shopify Ventures](https://millionrounds.com/fund/shopify-ventures) Growth equity **1** round, led 1

[Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **1** round

[Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) VC firm **1** round

[SignalFire](https://millionrounds.com/fund/signalfire) VC firm **1** round

[Motley Fool Ventures](https://millionrounds.com/fund/motley-fool-ventures) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=whop).

## Also claim to have backed them

These 3 firms list Whop as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Justin Mateen](https://millionrounds.com/fund/justin-mateen) VC firm Per its own site

[14kx](https://millionrounds.com/fund/14kx) VC firm Per its own site

[Y Ventures](https://millionrounds.com/fund/y-ventures-4) VC firm Per its own site

## Quick answers about Whop

### Who invested in Whop?

Whop's investors include Sequoia Capital, Tether, Shopify Ventures, Insight Partners and Bain Capital Ventures, and 2 more on record. Sequoia Capital led its latest round.

### How much has Whop raised?

Whop has raised $400M across 2 rounds since 2026.

### When did Whop last raise?

Whop's most recent round was a Series D of $200M in Oct 2026, led by Sequoia Capital.

### What was Whop's biggest round?

Its most recent round, $200M in Oct 2026, is also its largest on record.

### Who backed Whop first?

Whop's first round on record, in Feb 2026, was backed by Tether, Insight Partners and Bain Capital Ventures and 2 others.

### What stage is Whop at?

Whop's latest named round is a Series D, in Oct 2026.

### Where is Whop based?

Whop is based in the United States.

### Who led Whop's rounds?

Tether led the Undisclosed round in 2026; Sequoia Capital led the Series D in 2026.

## Companies like Whop

In the same sector, and raised in the last eighteen months.

[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Omni** $244M · Nov 2026](https://millionrounds.com/company/omni)

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