Published 6 months ago • loading... • Updated 6 months ago

How Oura Just Scored an $11 Billion Valuation

Oura, the Finnish health tech company, said Tuesday it raised over $900 million in a Series E funding round, valuing the company at $11 billion.
After posting rapid revenue growth, Oura more than doubled revenue to $500 million in 2024 and plans to use new funding for AI, production innovation, new health features and global distribution.
Earlier this month, Oura launched the Health Panels feature, allowing users to book a $99 blood test at Quest Diagnostics labs and view results in the app with AI summaries.
Led by Fidelity Management & Research Company, the round included ICONIQ, Whale Rock, and Atreides; CEO Tom Hale said the investment will accelerate innovation and expand global reach.
Oura plans expansion in 20 countries and employs about 1,000 people globally while holding more than 80% of the smart ring market after selling over 5.5 million rings.

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Finnish wearables firm Oura's valuation hits $11bn

Oura CEO Tom Hale tells Yle that half of its activity ring sales were made in the past year, and that its profit margins are growing.

6 months ago·Finland

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Startups News | Tech News

Lean Right

Oura raises $900 million in funding at $11 billion Valuation to become the Apple of preventive health - Tech Startups

ŌURA, the Finnish health tech startup best known for its Oura Ring, has raised more than $900 million in new funding at an $11 billion valuation — a staggering leap for a hardware company once dismissed as niche. The round, […] The post Oura raises $900 million in funding at $11 billion Valuation to become the Apple of preventive health first appeared on Tech Startups.

6 months ago

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TechCrunch

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Smart ring maker Oura raises $900M from Fidelity

Oura is raising new funding of $900 million as its valuation reaches nearly $11 billion

6 months ago·United States

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CNBC

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thepress.net

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Oura reaches $11 billion valuation with new $900 million fundraise

Oura reaches $11 billion valuation with new $900 million fundraise.

6 months ago·United States

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Inc.

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How Oura Just Scored an $11 Billion Valuation

Oura is charting an aggressive path forward and claims it will double revenue for the second consecutive year.

6 months ago

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ZF.ro

Smart Ring Maker Oura Raises $900 Million in Funding, Valued at $11 Billion. the Company Expects Sales of $1 Billion by 2025.

"With this investment, we will accelerate innovation, expand our global reach, and set a new standard for what wearables can achieve in promoting preventive health," CEO Tom Hale said in a statement.

6 months ago·Ilfov County, Romania

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