Noom Stock
Digital Health Platform
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About Noom Stock
Noom is a behavior change company in the weight loss and healthcare industries. By combining the power of artificial intelligence, mobile tech, and psychology with over 1,000 personal coaches, Noom aims to help people live healthier lives by changing their long-term habits. Noom’s behavior change courses include its virtual diabetes prevention program, which the CDC has recognized. Noom claims its platform is used by healthcare and pharmaceutical companies to improve treatment outcomes for patients worldwide.
Noom was founded in 2007 by Saeju Jeong and Artem Petakov and is headquartered in New York City with offices in Seoul and Tokyo. Notable investors include Kleiner Perkins Caufield & Byers, Sequoia Capital, Silver Lake, and Samsung Ventures.
Investors
Arrive
Hanmi IT
InterVest Co.
KB Investment
Kleiner Perkins Caufield & Byers
Snap, AppDynamics, Spotify, Instacart, Stripe, Magic Leap, DoorDash, Bloom Energy, Slack, Brex
LB Investment
m8 Capital
Novo Holdings
Oak HC/FT
Devoted Health, Rapyd, Olive, Noom, Cerebral, Cart.com, Maven Clinic, Komodo Health, Paxos, Sendoso
Primary Venture Partners
Noom, Electric AI, Alloy, Reonomy, Slice, MakeSpace, Wunderkind (formerly BounceX), MIRROR
Qualcomm Ventures
Cruise, Magic Leap, Xiaomi, Noom, Cohesity, Welltok, Pensando, Fitbit, Lookout, Innovium
RRE Ventures
Avant, Bolt Financial, Collective Health, Noom, Bowery Farming, BuzzFeed, Knock, VTS, Wag!, Moda Operandi
Samsung Ventures
Swiggy, RentoMojo, Noom, Plume Design, Niantic, SiFive, DriveNets, StoreDot, Pivot3, Yellowbrick Data
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
Serena Ventures
Silver Lake
Thrasio, Getir, Caris Life Sciences, Noom, Clari, Alchemy, Iterable, Foursquare, Tealium, Kareo
Sompo Holdings
Sound Ventures
Bird, ConsenSys, Noom, Chainalysis, SentinelOne, Capsule, Fundbox, MoonPay, Cedar, Mark43
Temasek Holdings
PharmEasy, Tokopedia, Ola, Magic Leap, DoorDash, Impossible Foods, Wish, Snyk, AvidXchange, SambaNova Systems
Thrive Capital
Instacart, Stripe, Compass, Airtable, Opendoor, Nubank, Slack, Oscar Health, Unity Technologies, Cityblock Health
Translink Capital
Market Kurly, Noom, SoundHound, TangoMe, HZO, Molekule, Guavus, Fetch Robotics, Epic, Chartboost
Funding History
| December 2013 | $550K |
|---|---|
| December 2013 | $330K |
| December 2013 | $218K |
| December 2013 | $33K |
| December 2013 | $14.4M |
| December 2014 | $17.0M |
| March 2016 | $14.5M |
| March 2018 | $16.0M |
| April 2019 | $55.7M |
| May 2021 | $17.1M |
| May 2021 | $620M |
Management
Chief Executive Officer
Saeju Jeong
Chief of Psychology
Andreas Michaelides
Press
TechCrunch - Oct, 12 2022
Noom lays off more employees amid CFO departurenbcnews - Jun, 6 2022
Diet app Noom had a moment during the pandemic. Why it seems to be over.engadget - Apr, 29 2022
Noom is reportedly laying off up to a quarter of its wellness coachesbusinessinsider - Apr, 28 2022
Weight-loss app Noom is laying off 495 coaches in a strategy pivotca - Oct, 15 2021
Weight loss app Noom gets into mental health coachingshar - Oct, 14 2021
Weight loss company Noom launches behavioral health productseattletimes - Jul, 12 2021
Noom claims it isn’t a diet. We found out if that holds waterdlvr - Jul, 8 2021
Weight Loss App Noom Plans 2022 IPOtechstartups - Jul, 8 2021
Health tech startup and popular diet app Noom reportedly hires Goldman Sachs to lead its IPOhollywoodreporter - Jul, 7 2021
Health Platform Noom Lands Two Book Deal at Simon Elementtechstartups - May, 25 2021
Noom raises $540M in Series F funding to help people achieve their health and wellness goalsfiercebiotech - May, 25 2021
Digital health coach Noom nets $540M to tackle diabetes, high blood pressureon - May, 18 2021
How Noom Won 2020, a Banner Year for Wellness and Weight-Loss Appsfinance - May, 18 2021
Noom Gets Silver Lake Backing Ahead of Potential IPOdlvr - Apr, 3 2021
Weight loss app Noom was ready for its pandemic momentkoreatechdesk - Jan, 26 2021
Noom- the health coach app receives $58 million investment from Sequioa CapitalEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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