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

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

05/25/21, 11:06 AM
Money raised
$540 million
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 Info

Company
Noom
Additional Info
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.