By Reuters Staff
2 Min Read
(Reuters) - Digital health platform Noom said on Tuesday it had raised $540 million in a funding round led by buyout firm Silver Lake.
The company did not disclose the valuation at which the funds were raised. But Bloomberg News reported on Monday that the latest funding round valued Noom at $3.7 billion. (bloom.bg/3fGIyNX)
The round included new investors such as Singapore’s Temasek, life sciences-focused investment firm Novo Holdings and healthcare and fintech-focused venture capital firm Oak HC/FT.
Existing investors including Sequoia Capital, RRE Ventures and Samsung Ventures, the investment arm of Samsung Group, also participated in the raise.
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