Whop revenue and valuation
Specter estimates Whop's annual revenue at $370M to $540M and its valuation at $4.24B to $6.13B. The company last reported $400M revenue in October 2026 and was priced at $5.1B in October 2026.
- Estimated revenue
- $370M–$540M
- Estimated valuation
- $4.24B–$6.13B
- Reported revenue
- $400M
- Total funding
- $423M
- Founded
- 2021
- Headquarters
- New York City, United States
- Employees
- 662
Whop revenue
Whop last reported $400M revenue in October 2026. Specter's model puts current revenue between $370M and $540M, anchored to three reported figures.
Monthly data
| Month | Specter estimate | Low | High | Reported figure |
|---|---|---|---|---|
| $450M | $370M | $540M | $400M | |
| $400M | $310M | $530M | ||
| $360M | $250M | $520M | ||
| $330M | $230M | $460M | ||
| $290M | $220M | $400M | ||
| $270M | $196M | $360M | ||
| $240M | $180M | $320M | ||
| $220M | $162M | $290M | ||
| $194M | $147M | $260M | ||
| $175M | $136M | $230M | ||
| $158M | $127M | $195M | ||
| $142M | $118M | $171M | $142M | |
| $134M | $90M | $200M | ||
| $127M | $85M | $188M | ||
| $120M | $84M | $170M | ||
| $113M | $83M | $153M | ||
| $107M | $81M | $140M | ||
| $101M | $79M | $129M | ||
| $95M | $78M | $117M | ||
| $90M | $75M | $108M | $90M | |
| $36M | $21M | $51M | ||
| $33M | $16M | $50M | ||
| $37M | $21M | $53M | ||
| $30M | $20M | $41M | ||
| $24M | $16M | $32M | ||
| $23M | $15M | $32M | ||
| $27M | $11M | $44M | ||
| $17M | $9.4M | $24M | ||
| $15M | $9M | $22M |
Whop valuation
Whop's valuation rose from $117M at its Series A in July 2023 to $5.1B at its Series D in October 2026. Specter's live estimate sits between $4.24B and $6.13B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $5.1B | $4.24B | $6.13B | $5.1B (round) | |
| $1.6B | $1.33B | $1.92B | $1.6B (press) | |
| $1.6B | $1.36B | $1.88B | ||
| $1.6B | $1.34B | $1.91B | ||
| $1.6B | $1.34B | $1.91B | ||
| $1.6B | $1.34B | $1.91B | ||
| $1.6B | $1.33B | $1.92B | $1.6B (press) | |
| $1.6B | $1.34B | $1.92B | ||
| $1.6B | $1.33B | $1.92B | $1.6B (round) | |
| $1.5B | $780M | $2.89B | ||
| $1.41B | $790M | $2.52B | ||
| $1.32B | $760M | $2.32B | ||
| $1.24B | $720M | $2.14B | ||
| $1.17B | $710M | $1.91B | ||
| $1.1B | $710M | $1.7B | ||
| $1.03B | $690M | $1.53B | ||
| $970M | $680M | $1.37B | ||
| $910M | $680M | $1.21B | ||
| $850M | $670M | $1.08B | ||
| $800M | $670M | $960M | $800M (press) | |
| $730M | $370M | $1.44B | ||
| $660M | $330M | $1.3B | ||
| $600M | $310M | $1.16B | ||
| $540M | $270M | $1.1B | ||
| $490M | $270M | $890M | ||
| $450M | $250M | $800M | ||
| $410M | $195M | $860M | ||
| $370M | $240M | $570M | ||
| $340M | $210M | $530M |
Whop funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Series D | $205M | $5.1B | Sequoia Capital | |
| Venture round | $200M | $1.6B | Tether Ventures | |
| Series A | $17M | $117M | Undisclosed | |
| Seed | $1M | Undisclosed | JAM Fund, Justin Mateen | |
| Pre-Seed | $10K | Undisclosed | Undisclosed |
Whop competitors
The digital creator commerce market splits between all-in-one storefronts and community-access tools.
| Company | Revenue | Valuation |
|---|---|---|
| $370M–$540M | $4.24B–$6.13B | |
| $3.8M–$30M | $51M–$390M | |
| $260M–$1.12B | $750M–$3.69B | |
| $23M–$60M | $66M–$540M | |
| $57M–$195M | $128M–$740M |
Whop revenue and valuation FAQ
What is Whop's revenue?
Specter estimates Whop's annual revenue at $370M to $540M as of October 2026. Whop last reported $400M revenue in October 2026.
What is Whop's valuation?
Whop's latest post-money valuation is $5.1B, from an October 2026 Series D. Specter's live estimate is $4.24B to $6.13B.
What is Whop's revenue multiple?
Whop is valued at about 12.8× revenue, based on its $5.1B October 2026 valuation and $400M last reported revenue. That works out to roughly $604K of revenue per employee.
How much funding has Whop raised?
$423M across five rounds, from a $10K Pre-Seed in May 2021 to a $205M Series D in October 2026.
Who invested in Whop?
21 investors, including JAM Fund, Justin Mateen, Sequoia Capital and Tether Ventures.
Who are Whop's competitors?
Gumroad, Hotmart, Payhip and Digistore24 DACH. Specter ranks 30 competitors for Whop.