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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 Finnish company’s revenue nearly doubled to $1.21 billion for the nine months ended June 30. And the company is killing it right now. The Finnish company’s revenue nearly…
Oura, the smart ring maker, has filed to go public. The filing with the Securities and Exchange Commission on Thursday shows that Oura’s revenue has jumped substantially in the past year. The company went from $697 million in revenue during the nine-month period that ended June 30 last year to $1.2 billion during the corresponding…
Oura, the smart ring maker, with offices in San Francisco and Finland, is reportedly planning to raise up $3 billion as soon as next month in a U.S. IPO that values the more than 900-person company at north of $16 billion, according to Bloomberg. The outlet adds that investors are expected to sell a major…
A proposed class action lawsuit is accusing smart ring maker Oura of deceiving consumers about the accuracy of its sleep tracking features. The lawsuit, filed on Thursday by Clarkson Law Firm in San Francisco, alleges that Oura rings are unable to measure any of the physiological signals needed to assess sleep quality or determine sleep…
When I first opened the box the Oura Ring 5 comes in, my first thought was, “Wow, that’s tiny.” My second thought was that this is a smart ring a lot of people have been waiting for. As someone who got quite used to wearing the Oura Ring 4 Ceramic, I was surprised how noticeably…
Ultrahuman, a Bengaluru-based health-tech startup known for its smart rings, is attempting to revive its U.S. business after securing approval for its Ring Pro, setting up a renewed battle with Oura, which has strengthened its dominance in the interim. The latest approval, granted by U.S. Customs and Border Protection, comes less than a month after…
Ultrahuman on Friday unveiled a new smart ring with longer battery life and a redesigned form factor, as the Bengaluru-based wearable maker seeks to revive its U.S. business that was disrupted last year by a patent dispute with rival Oura. The Ring Pro, Ultrahuman’s third-generation smart ring, offers up to 15 days of battery life…
Let’s be honest, most tech wearables are bulky and not exactly what you’d describe as pretty. But when you’re regularly wearing something on your hands, you probably want it to look nice and perhaps even blend in with the rest of your jewelry. That’s the idea behind Oura’s newest smart ring, the Oura Ring 4…
Kevin Rose has a visceral rule for evaluating AI hardware investments: “If you feel like you should punch someone in the face for wearing it, you probably shouldn’t invest in it.” It’s a typically candid assessment from the veteran investor, and one born from watching the current wave of AI hardware startups repeat mistakes he’s…
Finnish health tech company Oura has raised $900 million in fresh funding led by Fidelity Management & Research Company, with participation from new investor ICONIQ and contributions from Whale Rock and Atreides. The company said today that this funding will value it at “approximately $11 billion,” more than double the valuation it received for its…