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About Noom
Industries
AI & Machine Learning
Healthcare
Company Size
1,001-5,000
Company Stage
Series F
Total Funding
$650M
Headquarters
New York City, New York
Founded
2008
Overview
Noom focuses on helping individuals change their behaviors related to weight loss and health. The platform combines artificial intelligence, mobile technology, and psychological principles to provide personalized coaching and support. Users engage with behavior change courses and a virtual diabetes prevention program that has received recognition from the CDC. Unlike many competitors, Noom emphasizes a holistic approach that integrates mental and emotional aspects of health, making it more than just a diet plan. The goal of Noom is to improve health outcomes for users by fostering sustainable lifestyle changes.
Simplify's Take
What believers are saying
- Growing demand for AI-driven health platforms boosts Noom's market potential.
- Telehealth expansion allows Noom to enhance virtual coaching services.
- Rising chronic diseases increase demand for Noom's preventive health programs.
What critics are saying
- Increased competition from similar digital health platforms threatens Noom's market share.
- Regulatory scrutiny may delay Noom's oral medication product rollouts.
- Data privacy concerns arise from Noom's reliance on AI and body scan technology.
What makes Noom unique
- Noom integrates AI, psychology, and coaching for personalized health solutions.
- The platform offers a CDC-recognized virtual diabetes prevention program.
- Noom's body scan tech provides detailed body composition stats via smartphone.
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Funding
Total Funding
$650M
Above
Industry Average
Funded Over
7 Rounds
Kleiner PerkinsBenefits
Health Insurance
401(k) Retirement Plan
Paid Holidays
Paid Vacation
Disability Insurance
Wellness Program
Professional Development Budget
Hybrid Work Options
Remote Work Options
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 1%2 year growth
↑ 1%Noom, the digital healthcare company renowned for its science-backed approach to behaviour change, has launched a new program integrating oral medications into its Noom Med offerings.
More recently, Noom created a GLP-1 Supply Tracker and unveiled high-protein meal replacement bars and shakes for those on weight loss medication users.
Last year, Cook was named Noom's CEO as the platform began its push into the weight loss medication space.
Noom partnered with Waltz Health to provide direct, cost-effective access to GLP-1 medications, bypassing traditional intermediaries and reducing overall treatment costs for employers.
Noom has launched two new enterprise solutions aimed at assisting employers with managing GLP-1 medication costs while promoting effective obesity management.
Noom is Hiring for 3 Jobs on Simplify!
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About Noom
Industries
AI & Machine Learning
Healthcare
Company Size
1,001-5,000
Company Stage
Series F
Total Funding
$650M
Headquarters
New York City, New York
Founded
2008
Noom is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today