Smart ring maker Oura files for IPO after revenue surge
Oura, the company behind the popular smart ring, has filed for an initial public offering with the SEC. Its revenue grew from $697 million to $1.2 billion in the nine-month period ending June 30, and it expects nearly $2 billion in revenue for 2026. The company reports 3.6 million rings sold and about 5 million paid members with an 85% retention rate.
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