StageOther Investors | Alive
Noom is a digital healthcare company. It provides a psychology-based digital health platform used to provide intelligent nutrition and exercise coaching. It was founded in 2018 and is based in Seoul, South Korea.
Missing: Noom's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: Noom's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Research containing Noom
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Noom in 2 CB Insights research briefs, most recently on Jan 24, 2022.
Latest Noom News
May 26, 2023
Noom Noom, the Chelsea-based digital health platform that offers psychological approaches to weight loss, launched a telemedicine company to add obesity medications such as Ozempic and Wegovy to its suite of services, the company announced Wednesday. The telemedicine platform, Noom Med, offers clinical services that aim to help patients lose weight, including lab tests to assess their metabolic health, video consultations with physicians who specialize in obesity care and in some cases medication. Related Dr. Linda Anegawa, a board-certified obesity medicine physician and Noom’s chief of medicine, said that the decision to offer GLP-1 agonists—the class of medicine that includes drugs like Ozempic and Wegovy and has made waves in the weight loss industry— is part of the company’s strategy to treat the disease of obesity. “We’ve always been interested in chronic disease,” Anegawa said. “We saw weight really as a gateway to entry,” she added, as obesity can lead to other long-term illnesses. Noom Med is only available for people with a BMI above 30, or individuals with a BMI over 27 who also have a diagnosed weight-related condition, such as type 2 diabetes, hypertension, sleep apnea, dyslipidemia or high cholesterol. The company adheres to criteria set by the Food and Drug Administration for the prescribing of weight loss medicines, Anegawa said. Only individuals who subscribe to Noom’s weight loss app will be offered a Noom Med membership. Subscriptions to Noom Med will run patients $49 a month, on top of costs for the weight loss app which is priced on a scale between $70 a month and $209 a year. Membership costs for Noom Med will not cover the costs of the medications. The launch of Noom Med marks a significant shift in how the company approaches weight loss. Previously, Noom has advocated for non-pharmacological approaches to treating obesity, such as psychological support, health coaching and lifestyle changes. “We have indexed heavily on the psychological aspects of weight loss and healthy weight maintenance,” Anegawa said. “But it is becoming more and more undeniable that biology and psychology go hand in hand.” Noom’s decision to prescribe GLP-1 agonists is just one example of a shift in scientific understanding and public discussions around obesity. Weight Watchers also made the move to offer these medications in March, citing scientific advancements in the weight loss industry and a need to address biological factors that contribute to the disease. In addition to Noom Weight and Noom Med, the company has two other core businesses: Noom Mood, which provides stress management care, and Noom DPP, the company’s diabetes prevention program. Noom was founded in 2008.
Noom Frequently Asked Questions (FAQ)
When was Noom founded?
Noom was founded in 2008.
Where is Noom's headquarters?
Noom's headquarters is located at 37, Gukjegeumyung-ro 2-gil, Yeongdeungpo-gu, Seoul.
What is Noom's latest funding round?
Noom's latest funding round is Other Investors.
Who are the investors of Noom?
Investors of Noom include IMM Investment.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.