Company profile: Noom
1.1 - Company Overview
Company description
- Provider of a psychology-based digital health platform powered by data, technology, and human coaches to help people achieve health goals including weight management, diabetes prevention, and stress reduction. Offerings include Noom Weight, Noom Mood, the CDC-recognized Noom Diabetes Prevention Program, Noom for Work, and Noom Med with one-on-one care from specialized clinicians, lab testing, and prescribed medication when necessary.
Products and services
- Noom Weight: A data-driven digital health platform that delivers personalized coaching and tools to track food intake, exercise activity, and weight-loss progress with human coaches
- Noom Med: A clinical-grade obesity treatment program that supplies one-on-one care from specialized clinicians, coordinates lab testing, and prescribes medication when clinically necessary
- Noom Diabetes Prevention Program: A CDC-recognized behavior-change program that delivers personalized coaching and support to reduce risk of type 2 diabetes
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Noom
PlanSource
HQ: United States
Website
- Description: Provider of web-based human resources and benefits administration solutions for small and medium-sized businesses, offering a platform to manage enrollment and administration, automate benefits transactions, and connect with insurance carriers. Offerings include PlanSource Boost for shopping, billing reconciliation and carrier integrations, DependentIQ and DecisionIQ AI tools, custom employee communications, and The Source mobile app.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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MedCost
HQ: United States
Website
- Description: Provider of a diverse range of strategic benefit plans designed to help employers lower their health plan costs.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full MedCost company profile →
HumanaCare
HQ: Canada
Website
- Description: Provider of integrated mental and physical wellness services for organizations, including Employee Assistance Programs, disability support, eldercare/caregiving support, chronic disease management, medical second opinions, and multi-format counselling, with case management, care coordination, healthcare navigation, and return-to-work planning.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Quantum Health
HQ: United States
Website
- Description: Provider of advocacy, consumer navigation and care coordination for employee benefits and healthcare management, serving self-funded public and private sector employers across the U.S.; founded in Columbus in 1999 and award-winning, with a background in consumer behavior and a deep understanding of how real people experience healthcare.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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View full Quantum Health company profile →
Amaze Health
HQ: United States
Website
- Description: Provider of a comprehensive digital health platform integrating mobile and web access to healthcare tools, information, and resources. Services include virtual urgent care, chronic disease management, virtual mental health and dental support, a health education center, and patient advocacy to help navigate the healthcare system, including insurance and billing.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Amaze Health company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Noom
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Noom
2.2 - Growth funds investing in similar companies to Noom
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4 - Top valuation comps for Noom
4.2 - Public trading comparable groups for Noom
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