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Oura ring maker files confidentially to go public in US
On Thursday, Oura Health, the maker of the Oura smart ring, confidentially filed paperwork with the Securities and Exchange Commission for a proposed initial public offering.
This filing joins a 2026 IPO wave that includes SpaceX's blockbuster prospectus released Wednesday and an imminent confidential filing from OpenAI.
Valued at $11 billion in September after raising $875 million, Oura has sold over 5.5 million rings since its 2013 launch.
CEO Tom Hale announced expectations for 2026 revenue to hit $1.5 billion, driven by investments in artificial intelligence and international expansion.
Investor appetite remains "decent on the back of recent health-tech listings," said Lukas Muehlbauer, research associate at IPOX, though Oura faces competition from Samsung and Apple.