Get the latest tech news
Oura ring maker raising $875M Series E, bringing valuation to $11B, report says
The company is expected to generate more than $1 billion in revenue this year, doubling the $500 million it made in 2024.
Oura Health Oy, the maker of the Oura health and fitness ring, is raising $875 million in a new Series E financing round valuing it around $10.9 billion, according to a new report from Bloomberg. The company is expected to generate more than $1 billion in revenue this year, doubling the $500 million it made in 2024. Bloomberg notes that the company’s recent growth has been driven by female consumers, retail store sales, purchases made through health savings accounts, and expansion into international markets.
Or read this on TechCrunch
