Ukrainian-born🇺🇦🇺🇸 entrepreneur Artem Petakov cofounded Noom, a mobile weight-loss company, in 2008 and launched the app in 2016.
⛳️Today the project has raised in total $114.7 million in investments by Sequoia Capital, Samsung Ventures, Aglaé Ventures, etc.
Noom is a marriage of psychology and computer science, which aims to “disrupt the weight loss industry” by using AI, evidence-based guidelines of physiology, psychology, and cognitive behavioral therapy🥦🧘♀️
As New Year’s resolutions are made and broken, revenue for Noom, weight-loss app, has ballooned to $237 million. At 50 million downloads, and users who generate the bulk of the health app’s income, Noom’s latest number is up from $61 million in 2018 and $12 million in 2017, quadrupling earning…