Whop has raised $200 Million in New Funding
According to filings with the U.S. Securities and Exchange Commission, Whop has raised $200 Million in new Series D funding. The federal securities law requires the notice to be filed by companies...
According to filings with the U.S. Securities and Exchange Commission, Whop has raised $200 Million in new Series D funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
Investors in the company’s current round of funding include: Sequoia, Shopify Ventures
About Whop
Whop is a platform for building and operating internet businesses, helping users build businesses, run advertising campaigns, and get paid. It provides integrated tools for payments, invoicing, ACH transfers, wires, financing, advertising, trading, compliance, cards, and communication. Through its dashboard, API, and Whop CLI, businesses can automate operations, manage money, launch campaigns, issue cards, track reports, and connect these capabilities directly to their own products. Whop positions itself as infrastructure for the new economy, enabling businesses and platforms to handle financial and operational activities in one place. Its mission is to deliver everyone a sustainable income, and the company says it is built by builders and operators who pioneered internet markets. The page notes that the average Whop employee is 25 years old, three-quarters of its team are former founders, and many employees operate their own businesses on the platform.
To learn more, visit https://whop.com/
Linkedin: https://www.linkedin.com/company/whop-io/
Contact:
Steven Schwartz, CEO
https://www.linkedin.com/in/steven-schwartz-b72827b8/
SOURCE: http://www.intelligence360.io
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