Whop raises $200M Series D at $5.1B valuation backed by Sequoia and Shopify

Whop's cofounder says its $200 million Series D values the company at $5.1 billion and is backed by Sequoia and Shopify. The cofounder says the money will fund expansion and recalls Whop's beginnings selling sneaker bots. Another person working at Whop says it has shipped tools for getting paid internationally, AI business guidance, online stores, domains and cards for spending earnings. Sequoia investor Doug Leone is joining Whop's board, the cofounder says.