Oura is seeking up to $3bn in an IPO that would value it above $16bn
ThinkingNews Desk · how this was written
Oura and several of its investors are preparing a U.S. initial public offering that could raise as much as $3 billion, with the filing expected as early as September. The offering would target a valuation exceeding $16 billion for the wearable-technology company.
Written from all 3 reports below, not from any single one.
How it was reported
- TechMeme·Sources: smart ring maker Oura and some of its backers seek to raise up to $3B in a US IPO that could take place as soon as September and value it at over $16B (Bloomberg)
Oura Health Oy and several investors are preparing a U.S. IPO that could launch as early as September, targeting up to $3 billion in proceeds and a valuation exceeding $16 billion. The offering would monetize the company’s smart-ring platform, which monitors health, fitness and sleep metrics, and would position Oura among the most valuable consumer-hardware listings.
- TechCrunch·Oura is reportedly eyeing a September IPO that could value it at more than $16B
Oura is preparing a U.S. IPO that could raise up to $3 billion and value the 900-person company at more than $16 billion, up from the $10.9 billion valuation after its $875 million Series E round. The firm reported $500 million in 2024 revenue, expects about $1 billion in 2025 and nearly $2 billion in 2026. A recent class-action lawsuit alleges the ring misrepresents sleep-stage accuracy, which Oura disputes, citing independent studies validating its measurements.
- The Next Web·Oura is seeking up to $3bn in an IPO that would value it above $16bn
Oura aims to list in September, seeking up to $3 billion and a valuation exceeding $16 billion, with most proceeds expected from existing shareholders rather than new capital. The company’s revenue model relies on recurring subscription fees for its Ring 5, priced at $399, amid growing competition from Samsung’s Galaxy Ring and Whoop.
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- Smart ring maker Oura files to go public4 outlets
- Oura says it is delaying its Nasdaq IPO due to uncertainty in the market, despite "strong demand" and a strengthening of its business since the process started (April Roach/CNBC)3 outlets
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