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Company of the week: Noom

Every week, we highlight a company that recently received funding. This week it’s Noom, an AI-powered health and exercise coaching mobile app.

Every week, we highlight a company that recently received funding. Across industries, verticals and stages, these startups could impact our daily lives or change the entire world.

About Noom

The company’s mobile health coaching software combines exercise coaching and artificial intelligence to deliver nutrition and behavior change programs, enabling users to prevent and manage chronic conditions such as obesity, pre-diabetes, diabetes and hypertension. In May, the company raised $58 million in Series E venture funding in a deal led by Sequoia Capital.

Quick stats

Location: New York, NY
Year founded: 2006
Financing status: VC-backed
Formerly known as: WorkSmart Labs, Inc.
Capital raised to date: $128.75M
Investors: Serena Ventures, Aglaé Ventures, Financière Agache, Jan Koum, Joshua Kushner (+21 more)

For more information, check out our Noom profile preview.