Oura Secures Over $900m in Funding
Oura has closed a Series E funding round of over $900 million, increasing its valuation to $11 billion.
This significant investment serves as a vote of confidence from investors, providing Oura with substantial funds to accelerate growth and innovation.
- Oura has sold over 5.5 million smart rings, with shipments doubling in the last year.
- The company has introduced its new Gen 4 Ceramic collection.
- Oura has launched Health Panels, a blood-testing service integrated into the Oura app, focusing on preventative health.
"The news is a huge vote of confidence from investors, providing Oura with a massive war chest to accelerate its growth and innovation."
Author's summary: Oura raises $900m in funding, valuing the company at $11 billion.