The smart ring market is getting crowded, and Oura isn’t waiting around to see what happens next: it officially filed to go public on September 3. The company is killing it right now. The Finnish outfit’s revenue nearly doubled to $1.21 billion for the nine months ended June 30. Oura said it sold 3.6 million
This as-told-to essay is based on a conversation with Tom Hale, the 57-year-old CEO of Oura Health, based in San Francisco. It’s been edited for length and clarity. I became the CEO of Oura in March 2022. We make the Oura Ring, a smart ring that delivers personalized health data and insights to help people
Oura, the smart ring maker, with offices in San Francisco and Finland, is reportedly planning to raise up to $3 billion as soon as next month in a U.S. IPO that values the more than 900-person company at [spits out coffee] north of $16 billion, according to Bloomberg. The outlet adds that investors are expected
A lawsuit has been filed against the well-known smart ring brand Oura, alleging the company used false advertising by deceiving users about the accuracy of its AI-generated sleep tracking. The suit, filed Thursday by Clarkson Law Firm in San Francisco, seeks class action status and a jury trial. “Oura built an $11 billion company on
Oura is looking into how its smart ring could be used to detect brain hemorrhages after billionaire investor Bill Ackman suggested such a feature could have helped his daughter. Ackman, founder of Pershing Square Capital Management, shared this week that his 26-year-old daughter, Lucy, experienced a brain hemorrhage in February. He said data from her
A lawsuit has been filed against the well-known smart ring brand Oura, alleging the company used false advertising by deceiving users about the accuracy of its AI-generated sleep tracking. The suit, filed Thursday by Clarkson Law Firm in San Francisco, seeks class action status and a jury trial. “Oura built an $11 billion company on
