Healthcare Startup Noom Raises $sixteen.15 Assortment B To Improve Its Personalised Educating Platform
Noom, a mobile healthcare startup that focuses on using information to cease sicknesses, launched as we converse that it has raised a $sixteen.15 million assortment B.
The spherical was led by InterVest Co Ltd, a South Korea enterprise capital company, with participation from LB Funding, Hanmi IT, RRE Ventures, TransLink Capital, and Qualcomm Ventures. Noom raised its $7 million assortment A in February 2014 and has moreover acquired grants from organizations along with the Nationwide Institutes of Nicely being (NIH).
Noom, which at current claims 32 million clients in full, makes Noom Coach, a weight-loss app, and Noom Nicely being, a platform that connects victims and their healthcare suppliers.
Noom Coach’s closest rivals embrace MyFitnessPal and Rise, the app that connects people with a nutritionist. Noom Coach hits the middle flooring, however, by means of using artificial intelligence to ship personalised recommendations based mostly totally on meals and practice logged by each shopper.
It moreover differentiates by analyzing information to develop consuming and practice packages designed to help forestall diabetes. CEO Saeju Jeong tells TechCrunch that the company will use its funding to focus on totally different continuous circumstances, like coronary coronary heart sickness.
The startup may additionally broaden it educating platform Noom Properly being by together with new choices, along with ones that give victims steering about their prescribed drugs.
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