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§ Private Profile · 1 Palmer Sq E Ste 441, Princeton, New Jersey, 08542, United States
Noom is the world’s leading behavior change company focused on disrupting the weight loss and healthcare industries. Combining the power of AI, mobile tech a...
Noom has raised $717.8M across 9 funding rounds.
Key people at Noom.
Noom was founded in 2008 by Geoff Cook (Founder) and Artem Petakov (Founder) and Saeju Jeong (Founder).
Noom has raised $717.8M in total across 9 funding rounds.
Noom is a comprehensive weight-loss platform that integrates psychology, technology, and coaching to help individuals build healthier eating habits and achieve sustainable weight loss.
Key people at Noom.
Noom has raised $717.8M across 9 funding rounds. Most recently, it raised $540.0M Series F in May 2021.
Noom is a leading behavior change company that builds a psychology-based digital health platform focused on sustainable weight loss and broader health management. It serves millions of users worldwide by combining AI, mobile technology, and cognitive behavioral therapy (CBT) principles to help individuals build lasting healthy habits, addressing weight management, diabetes prevention, and stress reduction. Noom has demonstrated strong growth momentum, reaching over $400 million in sales by 2020 and expanding its user base to more than 45 million globally[1][2][3].
Founded in 2008 by Artem Petakov and Saeju Jeong, Noom emerged from extensive research into the critical role of healthy weight in long-term health outcomes. The co-founders, both experienced entrepreneurs, initially bootstrapped the company before raising significant venture capital, including rounds led by Kleiner Perkins, Qualcomm Ventures, Sequoia Capital, and Silver Lake. The Noom app launched in 2016, marking a pivotal moment that accelerated user acquisition and revenue growth[1][2][3].
Noom rides the growing trend of digital health and personalized wellness, leveraging AI and behavioral psychology to disrupt traditional weight loss and healthcare models. The timing aligns with increasing consumer demand for accessible, scalable health solutions and a shift toward preventive care. Market forces such as rising chronic disease prevalence and healthcare cost pressures favor Noom’s model, which emphasizes sustainable lifestyle change over quick fixes. Noom’s success influences the broader ecosystem by validating AI-driven, behavior-focused health platforms as viable and scalable solutions[3][1].
Looking ahead, Noom is poised to deepen its impact by expanding its platform to address a wider range of chronic and non-chronic health conditions, integrating medications, and enhancing AI capabilities. Trends in digital therapeutics, personalized medicine, and remote healthcare delivery will likely shape its evolution. As Noom continues to innovate and scale, it may increasingly influence how healthcare providers and consumers approach long-term health management, reinforcing its mission to empower people globally to live better, longer lives[3].
This trajectory ties back to Noom’s foundational insight that sustainable behavior change is key to transformative health outcomes, positioning it as a pivotal player in the future of digital health.
Noom was founded in 2008 by Geoff Cook (Founder) and Artem Petakov (Founder) and Saeju Jeong (Founder).
Noom has raised $717.8M in total across 9 funding rounds.
Noom's investors include Adam Karol, Alumni Ventures, Kewpie Associates, Norwest Venture Partners, RRE Ventures, Silvertech Ventures, Novo Holdings, Oak HC/FT, Samsung Ventures, Sequoia Capital, Temasek, Michael Abramson.