Oura IPO by the Numbers: 5M Members, 13% Churn—How Big Is This Market Really?

TiernanRayTech · x · 2026-09-26

Tiernan Ray breaks down smart ring maker Oura's IPO numbers: impressive growth over the past year, but still a niche with 5 million members and a high 13% membership churn rate. Recalling the decade-old "quantified self" obsession in Silicon Valley, the author questions how broad the market really is for this product.

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