Smart Ring Maker Oura Seeks IPO with $16B Valuation

智东西 · wechat · 2026-08-25

Oura is seeking to raise up to $3 billion in a US IPO with a potential valuation exceeding $16 billion, per Bloomberg. The company has sold 5.5 million rings, holds 74% of the global smart ring market share, and projects 2026 revenue to reach $1.5 billion. Oura recently launched the Ring 5, which is 40% smaller.

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