Oura is a health technology company transforming wellness through its innovative wearable rings. Blending advanced health monitoring with an elegant, minimalist design, the Oura Ring enables users to take charge of their well-being. This cutting-edge device offers detailed insights into sleep, activity, and overall health. Featuring state-of-the-art sensors, it tracks vital metrics like heart rate, heart rate variability, body temperature, and blood oxygen levels, providing actionable data to improve daily performance and support long-term health goals.
Oura has closed a $200 million Series D funding round, bringing the company’s valuation to $5.2 billion. The new round included participation from Fidelity Management and glucose device maker Dexcom.
Oura, Oulu, Oulu, Finland, was founded in 2013 by Petteri Lahtela, Kari Kivelä, and Markku Koskela. In 2022, the company joined the unicorn club. Oura operates in global markets, including North America, Europe, and Asia, offering its innovative health-tracking rings through online and retail channels. “As we continue to drive momentum and growth, we are bolstered by the additional support of these investors,” said Oura CEO Tom Hale in a press release. “We’ve made significant progress in advancing our mission to make health a daily practice and will use this funding to unlock new opportunities, with AI development at the center of our strategy. We know that Oura has the potential to change lives at scale, and we’re excited to continue leading the market in innovation while pursuing opportunities that extend beyond the ring.”
Share this post