+25%

est. 2Y upside i

HealthcareSeries D+

Behavior change and weight management platform using psychology

Rank

#1489

Sector

Digital Health, Healthcare Technology

Est. Liquidity

~2Y

Data Quality

Data: Medium

Noom offers a moderate expected upside of ~25% over 2 years, but with significant downside risk from stale valuation and fierce competition.

Last updated: July 19, 2026

Bull (15%)+100%

Successful IPO within 2 years drives revenue multiple to 6x, yielding $8.13B exit value, netting 100% upside. No dilutive raise needed.

Base (45%)+47%

Revenue grows to $1.355B, multiple converges to 4x, exit value $5.42B, 46.5% upside. Preference overhang is moderate.

Bear (40%)-28%

Revenue falls short or multiple compresses to 2.5x, exit value $3.39B, after preference common recovers $2.67B, -27.9% loss. Incumbent competition and market headwinds persist.

Est. time to liquidity~2.0 years

Preference Stack Risk

moderate

Funding Intensity

19%

Total preferred overhang of $717.8M represents 19.4% of current valuation, moderate drag on common equity.

Dilution Risk

low

Noom is profitable with $1B revenue, unlikely to require dilutive funding within 2 years.

Secondary Liquidity

none

No secondary market transactions reported; liquidity is limited to IPO or acquisition.

Other 1 role

View all 1 open roles at Noom

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Noom's data — designed to show you've done your homework.

  • 1

    How does Noom plan to differentiate its AI coaching from commoditized alternatives?

  • 2

    What is the unit economics of the GLP-1 med program versus traditional subscription?

  • 3

    Given the 2021 valuation and delayed IPO, what is the realistic timeline for liquidity?

Community

Valuation Sentiment

Our model estimates +25% upside. What do you think?

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Community Discussion

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.