Kevin Rose has a visceral rule for evaluating AI hardware investments: “If you feel like you should punch someone in the face for wearing it, you probably shouldn’t invest in it.” It’s a typically candid assessment from the veteran investor, and one born from watching the current wave of AI hardware startups repeat mistakes he’s […]
Oura announced on Monday that it’s launching a new redesigned app experience and a “Cumulative Stress” feature. The company also shared that it’s pursuing FDA clearance for blood pressure features that give users a likelihood assessment of hypertension. The redesigned Oura app introduces more personalization with three main tabs. The “Today” tab surfaces the most
Oura launches redesigned app and ‘Cumulative Stress’ feature Read More »
Finnish health tech company Oura has raised $900 million in fresh funding led by Fidelity Management & Research Company, with participation from new investor ICONIQ and contributions from Whale Rock and Atreides. The company said today that this funding will value it at “approximately $11 billion,” more than double the valuation it received for its
Smart ring maker Oura raises $900M from Fidelity Read More »
Dorothy Kilroy has seen her company’s smart ring on some very famous fingers. Mark Zuckerberg wears one. So does Jack Dorsey. Prince Harry, too. But when Oura‘s chief commercial officer sat down at Toronto’s Elevate conference with this editor last week, she surprised me, saying the company’s fastest-growing user segment isn’t tech billionaires or wellness-obsessed
Oura is winning young women and losing gym rats, and it’s fine with that Read More »
Oura announced on Tuesday that it’s launching Oura Ring 4 Ceramic, its first collection of smart rings that doesn’t feature metallic finishes. The company also announced its first-ever charging case, a new Health Panels feature that lets members schedule bloodwork directly in the Oura app, multi-ring support, and more. The new Oura Ring 4 Ceramic
Oura launches Ring 4 Ceramic collection, new charging case, and a ‘health panel’ feature Read More »
In a recent interview with The New York Times, Oura Health CEO Tom Hale didn’t discuss reports that the company is raising new funding that would value the health-tracking ring maker at nearly $11 billion, but he did talk about whether he has ambitions to take Oura public. “We’ve certainly hit the thresholds of size,
Oura CEO talks potential IPO and ‘nonnegotiable’ data privacy Read More »
Oura Health Oy, the maker of the Oura health and fitness ring, is raising $875 million in a new Series E financing round valuing it around $10.9 billion, according to a new report from Bloomberg. The round, which is expected to close by the end of the month, would double the company’s $5 billion valuation
Oura ring maker raising $875M Series E, bringing valuation to $11B, report says Read More »
Oura CEO Tom Hale is trying to set the record straight about the smart ring maker’s partnership with the Department of Defense (DoD) and data miner Palantir, which is used by defense, intelligence, and law enforcement agencies in the United States and elsewhere. At the Fortune Brainstorm Tech conference on Monday, Hale’s interview started off
Smart ring maker Oura announced on Thursday that it has closed a $200 million Series D funding round, bringing the company’s valuation to $5.2 billion. The round included participation from Fidelity Management and glucose device maker Dexcom. Oura says the new capital will allow it to expand its product offerings and further invest in product, science,
Oura closes $200M round, bringing its valuation to $5.2B Read More »
Smart ring maker Oura announced on Tuesday that it has received a $75 million investment from glucose device maker Dexcom. The investment marks Oura’s Series D funding round and brings the company’s valuation to more than $5 billion. The partnership paves the way for the two companies’ devices and apps to be used together, which
Oura valued at $5B following deal with medical device firm Dexcom Read More »
