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*Driving Forces: Market Research, Intelligence, Analysis, Datapoints, Databases & Trends
*Driving Forces: Risk Capital_Angel, Venture (VC), Strategic Corporate( CVC), Private Equity (PE), Mergers and Acquisition (M&A) (Trends)
2022: Medtech's top 10 money raisers of 2021
Noom Inc. (formerly WorkSmart Labs)
Organization & Developments: Noom
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Noom Inc. (formerly WorkSmart Labs)
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*Noom is a psychology-based digital health platform powered by data, technology, and human coaches that helps millions of people meet their personal health and wellness goals from weight management to diabetes prevention to stress reduction.
*The company has been awarded multiple grants from the National Institutes of Health and was the first mobile application to be recognized by the Centers for Disease Control as a certified diabetes prevention program.
2022: Noom is reportedly laying off up to a quarter of its wellness coaches
The company’s apps have clocked 6 million downloads to date, up from 4 million in January 2011
The developer’s app titles include: Noom Weight Loss, CardioTrainer, Calorific, CardioTrainer Pro, Race Against Yourself, and Cardio Entertainment
WorkSmart Lab’s apps are among a precious few health and fitness apps that have millions of users
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*Key People: Noom
Finance & Acquisitions: Noom