Behavior Change Digital Health Company Noom Raises $540 Million, Planning To Expand Into Diabetes & High Blood Pressure Wellness Coaching

Digital health company Noom, which provides behavior change programs for weight loss, raised $540 million in Series F funding led by Silver Lake. Other new investors participating in the round include Oak HC/FT, Temasek, and Novo Holdings. Existing investors Sequoia Capital, RRE, and Samsung Ventures also participated. Noom intends to use the newly-raised capital to expand its behavior change platform to address a broad range of conditions with meaningful opportunity to further generate positive change, such as stress and anxiety, diabetes, hypertension, and sleep. The funds will also enable Noom to reach more people in more places—from . . .