About Noom
Noom is a psychology-based digital health platform used to provide intelligent nutrition and exercise coaching.
Headquarters
Noom, New York
Founded
2008-07-25
Industry
Fitness, Health Care, Mobile, Nutrition, Wellness
Last Funding Type
Series F
Valuation
15
Total Funding
$658.92 million dollars
IPO Status
Private
Financial
Noom has announced the appointment of three new executives to its leadership team. Additionally, Noom has launched two AI-powered features: AI food logging and Welli, an AI personal health assistant. The company has also introduced Noom Move, an on-demand fitness offering, including Muscle Defenseâ¢, a program for those taking GLP-1 medications. Furthermore, Noom has partnered with Accolade to combine its content and coaching with Accolade's primary care physicians.
Funding Rounds
10
Number of Lead Investors
10
Total Funding Amount
$658.92 million dollars
Number of Investors
38
Noom vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| Noom | $15B | $658.92M | 10 |
| Theranos | $11B | $1.37B | 10 |
| MoonPay | $31B | $650.68M | 8 |
| Ola | $7B | $4.97B | 30 |
| Mozido | $2B | $3.35M | 6 |
| Incredible Health | $2B | $99.55M | 4 |
| Enya (Software Development Applications) | $3B | $1.50M | 2 |
| Adyen | $8.3B | $266.00M | 3 |
| Polygon | $4B | $4.23M | 2 |
| Athletic Greens | $1B | $115.00M | 2 |
| Altos Labs | $3B | $3.00B | 1 |
| MindMaze | $2B | $340.66M | 10 |
| Viridos | $1B | $202.00M | 10 |
| Twilio | $2B | $614.42M | 13 |
| Kik | $2B | $215.80M | 7 |
| Impossible (Food Products) | $28B | $1.90B | 12 |
| Upside | $5B | $165.00M | 6 |
| One Medical | $1.7B | $532.07M | 11 |
| Rebel Foods | $1B | $787.55M | 27 |
| Insightec | $3B | $882.90M | 12 |
| Revolut | $99B | $1.74B | 20 |
| Editas Medicine | $0.6B | $931.60M | 7 |
| Adimab | $1B | $45.48M | 8 |
| Pax | $2B | - | - |
| Foundation Medicine | $0.5B | $96.50M | 4 |
| Zwift | $5B | $619.50M | 8 |
| Carbon Health | $6B | $622.50M | 11 |
| GRAIL | $1.1B | $2.00B | 5 |
| Tonal | $3B | $580.00M | 7 |
| Freenome | $1B | $1.35B | 9 |
| Kallyope | $1B | $487.20M | 6 |
| Commure | $4B | $620.50M | 8 |
| Human Longevity | $50B | $369.80M | 5 |
| Doctolib | $6B | $815.03M | 9 |
| Alan | $3B | $751.56M | 8 |
| Pristyn Care | $1B | $177.00M | 5 |
| Cedar | $3B | $419.36M | 6 |
| MobileCoin | $6B | $107.35M | 4 |
| ATAI Life Sciences | $2.3B | $522.10M | 11 |
| Satispay | $1B | $533.14M | 11 |
| Truecaller | $2.5B | $101.16M | 10 |
| Airbnb | $459B | $6.42B | 29 |
| Bolt | $99B | $982.08M | 11 |
| Trusted Health | $3B | $174.80M | 6 |
| Cerebral | $5B | $462.00M | 4 |
| Moglix | $5B | $472.21M | 8 |
| Lucid | $3B | $3.82M | 4 |
| Clipboard Health | $7B | $94.12M | 5 |
| ZnanyLekarz | $5B | - | - |
| Honor | $14B | - | 3 |
| Gympass | $2B | $605.00M | 7 |
| Scopely | $41B | $998.50M | 10 |
| SWORD Health | $2B | $453.47M | 11 |
| SmartNews | $2B | $410.29M | 6 |
| Toutiao | $20B | - | - |
| Cricket Health | $2B | $111.07M | 7 |
| SonderMind | $1B | $183.04M | 6 |
| Swvl | $1.5B | $242.70M | 10 |
| Uber | $82.4B | $30.21B | 33 |
| Livongo | $2.5B | $235.00M | 6 |
| Evernote | $11B | $290.00M | 12 |
| Cue Health | $2.3B | $899.60M | 11 |
| Cityblock | $6B | $891.30M | 9 |
| MoPub | $3B | $18.50M | 4 |
| Everly Health | $10B | - | 1 |
| Stripe | $559B | $9.44B | 20 |
| Rappi | $16B | $2.34B | 19 |
| Zynga | $102B | $2.32B | 11 |
| Virta Health | $9B | $373.00M | 6 |
| FIGS | $3.5B | $75.00M | 7 |
| Duolingo | $7B | $183.30M | 8 |
| Medable | $2B | $506.64M | 9 |
| InTouch Health | $1B | $49.20M | 6 |
| InvenSense | $0.6B | $38.00M | 3 |
| Athelas | $9B | $150.13M | 5 |
| ClassPass | $18B | $549.24M | 10 |
| Handshake | $4B | $700.00K | 1 |
| Snap Group | $31B | $3.26M | 1 |
| Ro | $33B | $1.03B | 8 |
| Modern Health | $4B | $167.40M | 6 |
| Collective Health | $8B | $719.00M | 6 |
| Branch | $24B | $667.05M | 10 |
| Beyond Meat | $1.5B | $158.05M | 15 |
| Zocdoc | $14B | $375.94M | 10 |
| SumUp | $16B | $4.02B | 17 |
| Cabify | $12B | $600.55M | 13 |
| Teads | $5B | $123.28M | 10 |
| Flatiron Health | $21B | $324.95M | 4 |
| Coda Payments | $3B | $715.25M | 8 |
| Lucid Software | $12B | $670.36M | 8 |
| Natalist | $6B | $5.00M | 1 |
| Rovio Entertainment | $1B | $76.11M | 3 |
| Innovaccer | $3B | $379.10M | 7 |
| Iterable | $2B | $342.20M | 7 |
| Glovo | $3B | $1.16B | 11 |
| Cornershop | $3B | $31.65M | 5 |
| Alto Pharmacy | $3B | $680.03M | 11 |
| Fitbit | $0.1B | $66.00M | 4 |
| Bellabeat | $8B | $18.82M | 7 |
| Lyft | $24B | $5.31B | 29 |
| NoBroker | $1B | $430.86M | 13 |
| Yelp | $0.9B | $56.00M | 6 |
| Vicarious Surgical | $1.1B | $230.15M | 7 |
| Twist Bioscience | $0.4B | $553.11M | 10 |
| Ginger | $15B | $222.42M | 11 |
| Depop | $2B | $105.63M | 7 |
| Chipper Cash | $2B | $337.20M | 7 |
| Calm | $28B | $218.04M | 8 |
| AppLovin | $7B | $5.12B | 12 |
| Skype | $34B | $76.81M | 5 |
| Trulia | $0.4B | $255.10M | 6 |
| SendBird | $4B | $220.72M | 9 |
| PayPal Holdings | $46.6B | $5.22B | 6 |
| Hinge | $43B | $20.60M | 4 |
| ShipBob | $6B | $330.50M | 7 |
| Jawbone | $9B | $983.80M | 15 |
| InVision | $4B | $356.20M | 10 |
Growth Trends & Market Impact
Noom may be growing as indicated by several strategic moves and expansions. The company has strengthened its commercial leadership team with the appointment of three new executives in the healthcare sector, which suggests an investment in its leadership structure to support further development. Additionally, Noom has expanded into the digital fitness space, launching a new product aimed at combating muscle loss associated with obesity drugs, indicating diversification of its product offerings. Furthermore, the creation of Noom Ventures and the appointment of a company president to head this new division implies an interest in exploring new investment opportunities, which could contribute to future growth.
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 25.05.2021 | $540.00 million dollars |
Silver Lake |
| №2 | 06.05.2019 | $58.00 million dollars |
Sequoia Capital |
| №3 | 07.03.2018 | $14.00 million dollars |
Sompo Holdings |
| №4 | 26.03.2016 | $14.50 million dollars |
Samsung Ventures |
| №5 | 31.03.2015 | $1.62 million dollars |
Samsung Venture Investment |
| №6 | 01.04.2014 | $16.20 million dollars |
InterVest Co. |
| №7 | 20.12.2013 | $7.00 million dollars |
RRE Ventures |
| №8 | 22.10.2013 | $7.00 million dollars |
National Institutes of Health |
| №9 | 23.06.2013 | $5.00 million dollars |
Qualcomm Ventures |
| №10 | 18.12.2011 | $2.60 million dollars |
Kleiner Perkins |