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Noom - About the company

Noom is a series F company based in New York City (United States), founded in 2008 by Artem Petakov, Saeju Jeong and Geoff Cook. It operates as a Provider of a digital platform for weight loss management and behavior change. Noom has raised $624M in funding from investors like Sequoia Capital, Silver Lake and RRE Ventures, with a current valuation of $3.7B. The company has 625 active competitors, including 79 funded and 50 that have exited. Its top competitors include companies like Kaia Health, Magellan Health and Thrive Global.

Company Details

Provider of a digital platform for weight loss management and behavior change. The company offers personalized nutrition support for weight loss management and psychological support for customers with chronic health conditions like hypertension and diabetes. Also offers tracking tools for food, exercise, and more.
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Email ID
*****@noom.com
Phone Number
+1 **********
Registered Address
New York, New York
Key Metrics
Founded Year
2008
Location
New York City, United States
Stage
Series F
Total Funding
$624M in 15 rounds
Latest Funding Round
Post Money Valuation
$3.7B as on May 25, 2021
Ranked
Employee Count
1,183 as on Mar 31, 2026
Investment & Acquisitions
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Noom's funding and investors

Noom has raised a total funding of $624M over 15 rounds. Its first funding round was on 2008. Its latest funding round was a Series F round on May 25, 2021 for $540M. 7 investors participated in its latest round. Noom has 38 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Noom:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 25, 2021
$540M
Series F
$3.7B
-
Sep 26, 2019
Undisclosed
Series E
$540M
-
-
May 06, 2019
$58M
Series E
-
-
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Noom's founders and board of directors

Founder? Claim Profile
The founders of Noom are Artem Petakov, Saeju Jeong and Geoff Cook. Geoff Cook is the CEO of Noom.
Here are the details of Noom's key team members:

Noom's Board of Directors

Noom's board has 7 active members. Artem Petakov, James Robinson, TOSHIYA OTANI, Jesse Saeju Jeong, Yoon Song, James D. Robinson IV and Adam Fawer are independent board members.
Here is the list of Noom's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
12y 6m
Independent board member
-
Current
12y 6m
Independent board member
-
Current
11y 7m
Independent board member
-
Current
12y 6m
Independent board member
-
Current
11y 7m
Independent board member
-
Current
11y 7m
Independent board member
-
Current
12y 6m

Noom's employee count trend

Noom has 1,183 employees as of Mar 26. Here is Noom's employee count trend over the years:
Employee count trend for Noom
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Noom's Competitors and alternates

Top competitors of Noom include Kaia Health, Magellan Health and Thrive Global. Here is the list of Top 10 competitors of Noom, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kaia Health
Kaia Health
2016, New York City (United States), Acquired
Provider of digital musculoskeletal pain management solutions
$125M
77/100
2nd
Logo for Noom
Noom
2008, New York City (United States), Series F
Provider of a digital platform for weight loss management and behavior change
$624M
72/100
3rd
Logo for Magellan Health
Magellan Health
1969, Scottsdale (United States), Acquired
Provider of behavioral healthcare management services and tools for employees
$101M
71/100
4th
Logo for Thrive Global
Thrive Global
2016, New York City (United States), Series C
Provider of mental wellbeing coaching platform for enterprises
$130M
71/100
5th
Logo for LifeSpeak
LifeSpeak
2004, Toronto (Canada), Public
Cloud-based platform for employee wellness
$31.9M
70/100
6th
Logo for Valera Health
Valera Health
2015, New York City (United States), Acquired
Provider of mental health assessment platform for employees and patients
$74.3M
66/100
7th
Logo for Aaptiv
Aaptiv
2016, New York City (United States), Acquired
Mobile application offering audio-based fitness training content
$60.5M
65/100
8th
Logo for Lark Health
Lark Health
2011, Mountain View (United States), Series D
AI-powered platform offering various fitness and wellness services
$162M
64/100
9th
Logo for Wellbees
Wellbees
2013, Wilmington (United States), Series A
Provider of a cloud-based platform for employee wellbeing and health benefits
$5.8M
63/100
10th
Logo for GoJoe
GoJoe
2018, London (United Kingdom), Series A
Provider of a platform for team-based health and wellbeing challenges
$6.14M
62/100
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Noom's Investments and acquisitions

Noom has acquired Tailor Made Compounding. Noom has not made any investments as of now.

Reports related to Noom

Here is the latest report on Noom's sector:

News related to Noom

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Media has covered Noom for a total of 12 events in the last 1 year, 7 of them have been about partnerships and 4 about company updates.
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