Noom was founded in 2008 by Artem Petakov, and Saeju Jeong. Reuters reports that the company has hired Goldman Sachs to prepare for a potential IPO. While the company has not publicly confirmed this or discussed a timetable, a number of prominent analysts believe that an IPO could be near on the horizon. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Noom is a subscription-based wellness app that allows users to track food intake and exercise. The app is known for incorporating mental health and other lifestyle factors into its programs. The company has seen rapid growth since the start of the pandemic, nearly doubling its revenues in 2020. That same year, Noom acquired Opus Growth, a mass media marketing company. The company has received over $650 million in funding from investors including Silver Lake, Serena Ventures, Samsung Ventures, Sequoia Ventures, and Anchor Capital. TechCrunch reports that the company could be looking towards an IPO with a $10 billion post-money valuation.

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What is Noom's ticker symbol?

Noom does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

What is Noom's stock price?

The stock price for Noom will be known as it becomes public. Here are similar public companies: HealthStream (NAS: HSTM), Doximity (NYS: DOCS), Zymergen (NAS: ZY), Sight Sciences (NAS: SGHT).

Who are Noom's major investors?

Temasek Holdings
RRE Ventures
Samsung Ventures
Silver Lake
Novo Holdings

Noom Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
5/25/2021 Series F and F-1 $540MM raised $XXX.XX $XXX.XX
5/6/2019 Series E $55.71MM raised $XXX.XX $XXX.XX
2/28/2018 Series D $16.01MM raised $XXX.XX $XXX.XX
12/20/2016 Series C $14.5MM raised $XXX.XX $XXX.XX
4/1/2015 Series B $17MM raised $XXX.XX $XXX.XX
12/19/2014 Series A $14.45MM raised $XXX.XX $XXX.XX
2/4/2014 Series AA-1, AA-2, AA-3 and AA-4 $1.13MM raised $XXX.XX $XXX.XX
Based on primary financings
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What is Noom funding to date?

Noom has raised $658.8MM to date.
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When was Noom founded?

Noom was founded in 2008.
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Can you invest in Noom?

Noom is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell Noom share pre-IPO?

If you own Noom pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

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Is Noom a publicly traded company?

Noom is a private company and not publicly traded.

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Updated on: Jun 10, 2022