Noom

Valuation $15B

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 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.

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 Defense™, 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

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