About Noom
Noom is a company based in New York (United States) founded in 2008 by Geoff Cook and Artem Petakov.. Noom has raised $623.85 million across 14 funding rounds from investors including Kleiner Perkins, NIH and HHS. Noom operates in a competitive market with competitors including HealthifyMe, Magellan Health, Thrive Global, LifeSpeak and Lark Health, among others.
- Headquarter New York, United States
- Founders Geoff Cook, Artem Petakov
- Stage Unicorn
-
Sectors
HealthcareTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$623.85 M (USD)
in 14 rounds
-
Latest Funding Round
$540 M (USD), Series F
May 25, 2021
-
Investors
Kleiner Perkins
& 26 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Software Development Team
27 people
Product Management Team
18 people
Leadership Team
17 people
Sales and Marketing
14 people
Finance and Accounting
13 people
Data Analysis and Operations Team
13 people
Human Resources and Administration
10 people
Health Team
8 people
Unlock access to complete
Funding Insights of Noom
Noom has successfully raised a total of $623.85M across 14 strategic funding rounds. The most recent funding activity was a Series F round of $540 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 14
- Last Round Series F — $540.0M
- First Round First Round
- Investors Count 27
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series F - Noom | Valuation | Silver Lake | |
| Sep, 2019 | Amount | Series E - Noom | Valuation | Serena Ventures |
|
| May, 2019 | Amount | Series E - Noom | Valuation | Sequoia Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Noom
Noom has secured backing from 27 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Kleiner Perkins, NIH and HHS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity and venture capital fund focused on the healthcare sector
|
Founded Year | Domain | Location | |
|
Technology investing and private equity firm focused on partnerships.
|
Founded Year | Domain | Location | |
|
Investments are made in early-stage healthtech and fintech startups.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Noom
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Noom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Noom Comparisons
Competitors of Noom
Noom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HealthifyMe, Magellan Health, Thrive Global, LifeSpeak and Lark Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered personalized nutrition and fitness coaching is provided.
|
|
| domain | founded_year | HQ Location |
Behavioral healthcare management and pharmacy services are provided for employees.
|
|
| domain | founded_year | HQ Location |
Mental wellbeing coaching platform is provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Cloud-based platform for employee wellness
|
|
| domain | founded_year | HQ Location |
AI-powered platform offering various fitness and wellness services
|
|
| domain | founded_year | HQ Location |
An online pay-as-you-go marketplace for fitness centers is operated.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Noom
Frequently Asked Questions about Noom
When was Noom founded?
Noom was founded in 2008.
Where is Noom located?
Noom is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Noom?
Geoff Cook is the current CEO of Noom. They have also founded this company.
Is Noom a funded company?
Noom is a funded company, having raised a total of $623.85M across 14 funding rounds to date. The company's 1st funding round was a Series E of $58M, raised on Jun 01, 2008.
What does Noom do?
Founded in 2008 and headquartered in New York, United States, Noom operates in the health technology sector. A digital platform is offered for weight loss management and behavior change, including personalized nutrition support. Psychological assistance is provided for chronic conditions such as hypertension and diabetes. Tracking tools for food, exercise, and related activities are also included in the services.
Who are the top competitors of Noom?
Noom's top competitors include Thrive Global, Magellan Health and Lark Health.
Who are Noom's investors?
Noom has 27 investors. Key investors include Kleiner Perkins, NIH, HHS, Temasek, and LB Investment.
What is Noom's valuation?
The valuation of Noom is $3.7B as of May 2021.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.