Patrick Mahomes’ $100 million investment set to pay off as company plans major expansion amid his winning streak | NFL News
Patrick Mahomes, the Kansas City Chiefs’ popular quarterback, has his eyes on the Super Bowl this time after his brutal injuries ended the season early for the team in the last season. The Kansas City Chiefs have remained unbeatable as the team currently enjoys a winning streak. Amid this, one of Patrick Mahomes’ investments seems to be planning for the future.
Patrick Mahomes investment in WHOOP works out as the health tech brand plans new launches
The Kansas City Chiefs’ popular quarterback Patrick Mahomes was one of the initial investors in the health tech brand WHOOP in 2020.In a recent interview with Gulf Business, WHOOP founder and CEO Will Ahmed opened up about the new plans as he said, “WHOOP 5.0 and WHOOP MG introduce medical-grade capabilities and insights never before offered in a single wearable. The new sensors deliver 14 days of battery life — three times what our last device offered — while being 7 per cent smaller. WHOOP MG builds on that with Heart Screener with ECG, Irregular Heart Rhythm Notifications, and Blood Pressure Insights.”WHOOP founder and CEO Will Ahmed added, “We’ve also introduced new software features including Healthspan with WHOOP Age, updated Sleep Performance, Hormonal Insights, and an improved Steps experience — all designed to help members perform better and live longer.This isn’t just a product update. It’s the biggest leap forward in WHOOP technology to date, not just to our hardware, but to the entire WHOOP experience.”While Patrick Mahomes has not responded to this, he has always remained loyal to WHOOP.The star quarterback invested in WHOOP in October 2020 during its $100 million Series E funding round, which valued the wearable fitness technology startup at $1.2 billion.Before he invested into the health tech brand, Patrick Mahomes was public about how he has already integrated the screenless biometric tracker into his NFL recovery regimen to optimize his sleep and heart rate data.While the star quarterback invested into the brand, his deal with WHOOP also made him a brand ambassador of the brand.In the last few months, Patrick Mahomes’ investment in WHOOP turned highly profitable as the company’s valuation skyrocketed to $10.1 billion following a massive $575 million Series G funding round, co-investors like LeBron James and Cristiano Ronaldo joining in on the round.
Patrick Mahomes turns strategic about his investments as he stays focused on his career
Over the last few years, as Patrick Mahomes remained a strong player on the field, he has also been pretty strategic about his investments.The three time Super Bowl Most Valuable Player has been consistently investing in emerging brands and has been able to expand his investment portfolio.Amid the Week 4’s win against the Las Vegas Raiders, all eyes remain on Patrick Mahomes.
