Noom Announces $540 Million In Growth Funding To Further Accelerate Expansion Of Its Digital Health Platform

May 25, 2021•about 4 years ago

Amount Raised

$540 Million

Description

Noom, the leading digital health platform focused on behavior change, today announced its approximately $540 million Series F funding led by Silver Lake. Other new investors participating in the round include Oak HC/FT, Temasek, and Novo Holdings. Existing investors Sequoia Capital, RRE, and Samsung Ventures also participated.

Company Information

Company

Noom

About

Noom is a psychology-based digital health platform powered by data, technology, and human coaches that helps millions of people meet their personal health and wellness goals from weight management to diabetes prevention to stress reduction. The company has been awarded multiple grants from the National Institutes of Health and was the first mobile application to be recognized by the Centers for Disease Control as a certified diabetes prevention program. Headquartered in New York City, Noom has been named one of Inc's Best Places to Work and Fortune’s Best Workplaces in Technology.

Funding Insights

Based on industry data

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Noom Announces $540 Million In Growth Funding To Further Accelerate Expansion Of Its Digital Health Platform

Description

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Company Information