Whop Analysis: $17M Raised
What is Whop?
Whop is a platform that allows creators to launch businesses and earn income, with many achieving significant monthly earnings.
Founded
2021
Revenue
$3.4M - $8.1M
Business Model
Subscription model generating recurring revenue from users accessing platform services.
ZoomInfo
Product Features & Capabilities
- platform for creators to launch businesses, tools for setting up payments, marketing support, educational resources through Whop University, potential to earn an average of $7,382 per month, reward for making $3k in the first 30 days, access to a community of over 10,000 creators
Pricing
- Domestic Transaction Fee: 2.9% + $0.30 per transaction.
- International Transaction Fee: 3.9% + $0.30 per transaction (for customers outside the U.S.).
- Whop Platform Fee: 3% of each sale, allowing sellers to keep 97% of their sales.
- Student Plan: $75.00 per month for access to
How much Whop raised
1: - $17 million
July 20, 2023Lead Investor: Insight Partners, The Chainsmokers, Peter Thiel, and others.
Investors
- A*
- Cory Levy
- David Blitzer
- Griffin Johnson
- Insight Partners
- The Chainsmokers
- Kevin O'Leary
- Peter Thiel
- Justin Mateen
- Justin Kan
- Vivek Ranadive
- Zinal Growth
Competitors Overview
Whop operates in a competitive landscape with several notable platforms that cater to creators looking to monetize their content and businesses. The main competitors include:
- Gumroad: This platform allows creators to sell digital products directly to consumers. It is known for its simplicity
Market Focus
Whop primarily focuses on the creator economy, providing a platform for creators to launch their own businesses and earn income.
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