Smart ring maker Oura files to go public
Oura, a Finnish smart ring company, has confidentially filed for an IPO with the U.S. Securities and Exchange Commission. The company, known for its health tracking capabilities, has sold 5.5 million rings and recently raised $875 million at an $11 billion valuation. Oura aims to expand its offerings, including a new AI model focused on women's health.
- ▪Oura has submitted a Form S-1 to the U.S. Securities and Exchange Commission in preparation for an IPO.
- ▪The company has sold 5.5 million rings, a significant increase from the previous year's 2.5 million.
- ▪Oura raised $875 million in its Series E funding round at a valuation of $11 billion.
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In Brief Posted: 7:03 AM PDT · May 22, 2026 Image Credits:Brian Heater / TechCrunch Amanda Silberling Smart ring maker Oura files to go public SpaceX may have stolen the show with its IPO prospectus, but Elon Musk’s aerospace-AI-data center company wasn’t the only notable business to file to go public this week. On Thursday, Finnish smart ring company Oura said that it had confidentially submitted a Form S-1 to the U.S. Securities and Exchange Commission in preparation for an IPO. Founded in 2015, Oura has emerged as one of the most popular wearable health trackers, setting itself apart from Fitbit, Garmin and Apple’s watch-like products with a sleek, unobtrusive ring.
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