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Technology · Consumer gadgets · published 2026-08-24 · via TechCrunch

Smart ring maker Oura targets September IPO at $16B valuation

Oura is reportedly planning a U.S. IPO in September that could raise up to $3 billion and value the company at over $16 billion. This would be a significant jump from its $10.9 billion valuation last September. The company has grown revenue from $500 million in 2024 to an expected $2 billion in 2026, though it also faces a proposed class action lawsuit over sleep tracking accuracy.

Expanded Detail

EXPANDED:

The IPO would represent a dramatic escalation for the Finnish-American company, which has grown from a niche biohacking accessory into a mainstream wellness product. Oura's revenue trajectory shows rapid acceleration, with projections nearly quadrupling from 2024 to 2026. The company's confidential filing in May preceded this reported September timeline, and the offering would reportedly include a substantial secondary component from existing investors.

Oura faces competitive pressure from Samsung

Expanded detail and Context are AI-generated analysis; the linked article remains the authoritative source.
Read the full article at TechCrunch →
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This summary is Al-enhanced to contain extended analysis and broader social context. The original is {NAME); the linked article is the authoritative source. Original headline: “Oura is reportedly eyeing a September IPO that could value it at more than $16B.” Browse more stories.