What is Noom?
Noom operates a sophisticated digital health platform that facilitates meaningful behavior change through structured, evidence-based wellness courses. By integrating behavioral psychology with accessible digital delivery, the company addresses chronic health conditions and lifestyle management for a diverse user base. The platform distinguishes itself by translating clinical research into actionable daily guidance, utilizing coaching, tracking tools, and community support to foster long-term health improvements. As a key player in the preventive care market, Noom bridges the gap between traditional healthcare and scalable, professional-grade behavioral support, effectively democratizing access to personalized health journeys.
How much funding has Noom raised?
Noom has raised a total of $656.4M across 8 funding rounds:
Private Equity
$2.6M
Private Equity
$4.1M
Series A
$7M
Series B
$16.1M
Series C
$14.5M
Series D
$14M
Series E
$58M
Series F
$540M
Private Equity (2012): $2.6M with participation from m8 Capital, Harbor Pacific Capital, and Qualcomm Ventures
Private Equity (2013): $4.1M, investors not publicly disclosed
Series A (2014): $7M supported by TransLink Capital, Qualcomm Ventures, RRE Ventures, Harbor Pacific Capital, Recruit Strategic Partners Inc., and Scrum Ventures
Series B (2014): $16.1M featuring Harbor Pacific Capital, Recruit Strategic Partners, Scrum Ventures, TransLink Capital, and RRE Ventures
Series C (2016): $14.5M backed by RRE Ventures, KB Investment, Samsung Ventures, and Translink Capital
Series D (2018): $14M with participation from Sompo Holdings and TQ Ventures
Series E (2019): $58M led by Steamboat Ventures
Series F (2021): $540M supported by Samsung Ventures, Silver Lake, Temasek, Sequoia Capital, RRE Ventures, Oak HC/FT, and Novo Holdings
Key Investors in Noom
Samsung Ventures
Samsung Ventures operates within the venture capital and private equity industry, focusing on strategic investments that drive technological innovation and market growth.
Silver Lake
Silver Lake is a global leader in technology investing, providing capital and strategic expertise to support the growth of technology-enabled businesses.
Temasek
Temasek is a global investment company headquartered in Singapore, acting as a generational investor with a long-term focus on sustainable value creation.
What's next for Noom?
Looking ahead, Noom is well-positioned to leverage its recent capital infusion to deepen its market penetration and expand its suite of chronic disease management solutions. The strategic focus will likely center on enhancing the platform's technological infrastructure and broadening its reach within the enterprise health sector. By maintaining its commitment to behavioral science, Noom aims to further integrate its services into the broader healthcare ecosystem, ensuring that its evidence-based interventions remain at the forefront of digital health innovation. The company's ability to sustain growth while navigating the complexities of the health-tech landscape will be critical as it scales its operations to meet evolving global wellness objectives.
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