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.
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Original headline: “Oura is reportedly eyeing a September IPO that could value it at more than $16B.” Browse more stories.