Noom Inc.

Company Snapshot

Founded: 2008
Entity Type: Private
Region: U.S.
Headquarter: New Jersey, U.S.
Key Geographics: North America, Europe
Corporate Address: One Palmer Square, Suite 441, Princeton, New Jersey 08542 U.S. Tel. +1-(347)-687-8522 www.noom.com

Company Overview

Founded in 2008 by friends Artem Petakov and Saeju Jeong, Noom is a mobile health company that develops behavioral change programs that combine human coaches with personalized content to help people achieve their wellness goals. Users complete a questionnaire, download the Noom app, and are paired with a dedicated health coach and customized content that evolves based on their needs. Noom’s weight loss program includes daily informational articles, interactive challenges, food and weight logging, calorie tracking, and more. Noom currently has around 1,505 full-time employees working across the different regions. On December 27, 2022, Noom launched a book named “The Noom Mindset” about weight loss, growth of mindset, and much more.

Noom Inc. In Reports

Weight Loss and Weight Management Diet Market

BCC Research Market Report for Weight Loss and Weight Management Diet Market This report provides a comparative study of different types of diets with emphasis on weight management.

Fitness Apps: Global Market Size, Share & Growth Forecast

BCC Research Market Report says fitness apps is estimated to increase from $2.1 billion in 2022 to reach $4.9 billion by 2027, at a (CAGR) of 18.1%

Global Weight Loss Products and Services Market

BCC Research Market Report says weight loss products and services should grow from $254.9 billion in 2021 to reach $377.3 billion by 2026, at a (CAGR) of 8.2%

Company's Business Segments

  • Digital Health Platforms : The company provides a digital health platform for weight management, fitness, and mental wellness, using psychology, AI, and human coaching to help users build sustainable healthy habits through its mobile applications.

Applications/End User Industries

  • Direct-to-Consumer (D2C) / Patients & Consumers
  • Business-to-Business (B2B) / Corporates & Insurers / Healthcare Providers & Payers
AI Sentiment