Company intelligence

Oura

Oura makes the Oura Ring, a smart ring for sleep, recovery, and health tracking, and is pushing into AI-driven preventive health as it prepares for a U.S. IPO.

ConsumerSan Francisco, California, USAFounded 2013Website ↗See connections →
Last verified Sep 22, 2026

Key Metrics

Valuation
$11B
As of Oct 2025TechCrunch
Rumored~$15B midpoint · Sep 29, 2026 · TechCrunch

Some figures are withheld while sources disagree — see Sources & methodology.

Company Snapshot

Oura is a Consumer company, based in San Francisco, California, USA, founded 2013. Latest valuation $11B (As of Oct 2025, TechCrunch).

Recent changes

  1. Sep 30, 2026Oura's IPO Delay Isn't A One-Company Story Pulse story
  2. Sep 30, 2026Oura, World Labs Show Two Paths Out For Startups Pulse story
  3. Sep 29, 2026IPO up to $2.2B (delayed) at ~$15B midpoint TechCrunch
  4. Sep 29, 2026Oura Pulls $2.2B IPO Citing Market Uncertainty Pulse story
  5. Sep 29, 2026Behind Oura's Pullback, A Loaded Fall IPO Queue Pulse story
Earlier changes (10)
  1. Sep 27, 2026Is Oura Really The Fall's Healthiest IPO? Pulse story
  2. Sep 24, 2026Eli Lilly Wants In On Oura's IPO, Filings Show Profit Pulse story
  3. Sep 22, 2026First reported revenue: $1.21B (9mo) MobiHealthNews
  4. Sep 22, 2026Oura Sets $40-$44 Price Range, Trading Starts Next Week Pulse story
  5. Sep 21, 2026Oura's $2.2B IPO Is Mostly A Payday For Insiders Pulse story
  6. Sep 18, 2026Oura And Anthropic's IPOs Both Now Sitting In October Pulse story
  7. Sep 11, 2026Anthropic And Oura's Mega-IPOs Are Both Running Late Pulse story
  8. Oct 14, 2025Raised $900M Series E at a $11B valuation Value Add Pulse enrichment
  9. Oct 2025First reported valuation: $11B TechCrunch
  10. Dec 2024Raised an undisclosed amount Series D at a $5.2B valuation Value Add Pulse enrichment

Funding History

3 events · sources dated per row
DateEventAmountValuationInvestorsSource
Sep 29, 2026ipoup to $2.2B (delayed)~$15B midpoint
TechCrunch
Oct 14, 2025Series E$900M$11B
Value Add Pulse research
Dec 2024Series D—$5.2B
Value Add Pulse research

Investors

Latest Pulse

  1. Oura's IPO Delay Isn't A One-Company StoryOura's IPO postponement is one of several this fall -- Holtec and Bamboo Insurance also pulled back -- suggesting the reopened IPO window investors expected has stalled broadly, not just for one company.→
  2. Oura, World Labs Show Two Paths Out For StartupsOura's stalled IPO and AMD's announced $8.2 billion acquisition of World Labs (still pending regulatory approval) show 2026 rewarding M&A exits over public listings for venture-backed AI companies.→
  3. Behind Oura's Pullback, A Loaded Fall IPO QueueOura's shelved IPO doesn't mean the 2026 exit window is shut -- SpaceX, Nscale, Fidelis Partnership and Switch are all still lined up behind it.→
  4. Oura Pulls $2.2B IPO Citing Market UncertaintyOura postponed its IPO hours before pricing despite the offering being roughly 4x oversubscribed, citing market uncertainty rather than weak demand.→
  5. S-1 Filings Are Piling Up Faster Than PricingsThe SEC logged 12 new S-1 filings and 11 S-1/A or 424B4 amendments in a single late-September window, while only one name -- ADARx -- actually priced (Oura has set a $40-$44 range and is expected to price this week), a widening gap between filing volume and real liquidity.→
  6. Is Oura Really The Fall's Healthiest IPO?Oura prices its Nasdaq debut this week at a targeted $15.6B valuation on real GAAP profit and 74% revenue growth -- unusually strong for hardware -- but a $924M reported net loss from a stock buyback accounting quirk complicates the pitch.→
  7. Eli Lilly Wants In On Oura's IPO, Filings Show ProfitEli Lilly indicated interest in buying up to $100 million of Oura's IPO shares, and updated filings show the smart-ring maker is actually profitable, with $60.8 million in net income over nine months.→
  8. The Fall IPO Pipeline, By The NumbersSix companies are mid-IPO-process on US and Indian exchanges this week, from Oura's $15.6B roadshow to Bamboo Insurance's all-secondary listing, and the spread across sectors says the fall IPO window is genuinely open.→
  9. Oura Sets $40-$44 Price Range, Trading Starts Next WeekOura launched its IPO roadshow with a $40-$44 price range targeting a $15.62 billion valuation, with Nasdaq trading expected the week of September 28, and disclosed revenue of $1.21 billion over nine months, up 74% year over year.→
  10. Oura's $2.2B IPO Is Mostly A Payday For InsidersOura set terms to raise up to $2.2 billion at a $15.62 billion valuation, but 36.5 million of the 50 million shares on offer are being sold by existing investors and employees, not the company.→

Coverage Timeline

newest first
  1. Sep 30, 2026IPOOura's IPO Delay Isn't A One-Company Story→
  2. Sep 30, 2026IPOOura, World Labs Show Two Paths Out For Startups→
  3. Sep 29, 2026IPOBehind Oura's Pullback, A Loaded Fall IPO Queue→
  4. Sep 29, 2026IPOOura Pulls $2.2B IPO Citing Market Uncertainty$2.2B IPO (delayed)→
  5. Sep 28, 2026IPOS-1 Filings Are Piling Up Faster Than Pricings→
  6. Sep 27, 2026IPOIs Oura Really The Fall's Healthiest IPO?$15.6B IPO target→
  7. Sep 24, 2026IPOEli Lilly Wants In On Oura's IPO, Filings Show Profit→
  8. Sep 24, 2026IPOThe Fall IPO Pipeline, By The Numbers→
  9. Sep 22, 2026IPOOura Sets $40-$44 Price Range, Trading Starts Next Week$2.2B IPO→
  10. Sep 21, 2026IPOOura's $2.2B IPO Is Mostly A Payday For Insiders$2.2B IPO / $15.62B valuation→
  11. Sep 18, 2026IPOOura And Anthropic's IPOs Both Now Sitting In October→
  12. Sep 11, 2026IPOAnthropic And Oura's Mega-IPOs Are Both Running Late→
  13. Sep 8, 2026IPOOura's Profitable S-1 Rewrites the Wearables Playbook→
  14. Sep 7, 2026IPOThe IPO Market's Real Bottleneck Is Banker Bandwidth→
  15. Sep 7, 2026IPOThe Pre-IPO Round Is Becoming Everyone's Series C$3.5B pre-IPO talks→
  16. Sep 5, 2026IPOOura Heads Public With Rivals Circling the Finger$1.21B nine-month revenue→
  17. Sep 4, 2026IPOOne of Eight IPO Candidates Just Actually Filed→
  18. Sep 4, 2026IPOWhy AI Infrastructure Beat AI Labs to the Public Markets→
  19. Sep 3, 2026IPOTen More Companies Filed to Go Public→
  20. Sep 3, 2026IPOOura Files to Go Public at $16B-Plus$16B+ IPO valuation→
  21. Sep 3, 2026IPOOura Files Public S-1, Revenue Up 74% to $1.2BTargeting $3B raise→
  22. Sep 3, 2026IPOOura Files for IPO, Targets Above $16B Valuation$3B target raise→
  23. Sep 2, 2026IPOEight Startups Racing a Closing 2026 IPO Window→
  24. Sep 1, 2026IPOOura's $16B IPO Bet: Can a Wearable Price Like Software?$16B+ target valuation→
  25. Aug 24, 2026IPOOura Eyes September IPO at $16B-Plus Valuation→
  26. Aug 24, 2026IPOOura Eyes September IPO at $16B+ Valuation$16B+ valuation→

All Coverage

IPO

Oura's IPO Delay Isn't A One-Company Story

Oura's IPO Delay Isn't A One-Company Story logo
IPO

Oura's IPO Delay Isn't A One-Company Story

Oura's IPO postponement is one of several this fall -- Holtec and Bamboo Insurance also pulled back -- suggesting the reopened IPO window investors expected has stalled broadly, not just for one company.

FOLLOW-UP
IPO

Oura, World Labs Show Two Paths Out For Startups

Oura, World Labs Show Two Paths Out For Startups logo
IPO

Oura, World Labs Show Two Paths Out For Startups

Oura's stalled IPO and AMD's announced $8.2 billion acquisition of World Labs (still pending regulatory approval) show 2026 rewarding M&A exits over public listings for venture-backed AI companies.

DEEP DIVE
IPO

Behind Oura's Pullback, A Loaded Fall IPO Queue

Illustration for: Behind Oura's Pullback, A Loaded Fall IPO Queue
IPO

Behind Oura's Pullback, A Loaded Fall IPO Queue

Oura's shelved IPO doesn't mean the 2026 exit window is shut -- SpaceX, Nscale, Fidelis Partnership and Switch are all still lined up behind it.

BY THE NUMBERS
IPO

Oura Pulls $2.2B IPO Citing Market Uncertainty

Oura Pulls $2.2B IPO Citing Market Uncertainty logo
IPO$2.2B IPO (delayed)

Oura Pulls $2.2B IPO Citing Market Uncertainty

Oura postponed its IPO hours before pricing despite the offering being roughly 4x oversubscribed, citing market uncertainty rather than weak demand.

DEEP DIVE
IPO

S-1 Filings Are Piling Up Faster Than Pricings

Illustration for: S-1 Filings Are Piling Up Faster Than Pricings
IPO

S-1 Filings Are Piling Up Faster Than Pricings

The SEC logged 12 new S-1 filings and 11 S-1/A or 424B4 amendments in a single late-September window, while only one name -- ADARx -- actually priced (Oura has set a $40-$44 range and is expected to price this week), a widening gap between filing volume and real liquidity.

DEEP DIVE
IPO

Is Oura Really The Fall's Healthiest IPO?

Illustration for: Is Oura Really The Fall's Healthiest IPO?
IPO$15.6B IPO target

Is Oura Really The Fall's Healthiest IPO?

Oura prices its Nasdaq debut this week at a targeted $15.6B valuation on real GAAP profit and 74% revenue growth -- unusually strong for hardware -- but a $924M reported net loss from a stock buyback accounting quirk complicates the pitch.

DEEP DIVE
IPO

Eli Lilly Wants In On Oura's IPO, Filings Show Profit

Illustration for: Eli Lilly Wants In On Oura's IPO, Filings Show Profit
IPO

Eli Lilly Wants In On Oura's IPO, Filings Show Profit

Eli Lilly indicated interest in buying up to $100 million of Oura's IPO shares, and updated filings show the smart-ring maker is actually profitable, with $60.8 million in net income over nine months.

FOLLOW-UP
IPO

The Fall IPO Pipeline, By The Numbers

Illustration for: The Fall IPO Pipeline, By The Numbers
IPO

The Fall IPO Pipeline, By The Numbers

Six companies are mid-IPO-process on US and Indian exchanges this week, from Oura's $15.6B roadshow to Bamboo Insurance's all-secondary listing, and the spread across sectors says the fall IPO window is genuinely open.

BY THE NUMBERS
IPO

Oura Sets $40-$44 Price Range, Trading Starts Next Week

Oura Sets $40-$44 Price Range, Trading Starts Next Week logo
IPO$2.2B IPO

Oura Sets $40-$44 Price Range, Trading Starts Next Week

Oura launched its IPO roadshow with a $40-$44 price range targeting a $15.62 billion valuation, with Nasdaq trading expected the week of September 28, and disclosed revenue of $1.21 billion over nine months, up 74% year over year.

FOLLOW-UP
IPO

Oura's $2.2B IPO Is Mostly A Payday For Insiders

Oura's $2.2B IPO Is Mostly A Payday For Insiders logo
IPO$2.2B IPO / $15.62B valuation

Oura's $2.2B IPO Is Mostly A Payday For Insiders

Oura set terms to raise up to $2.2 billion at a $15.62 billion valuation, but 36.5 million of the 50 million shares on offer are being sold by existing investors and employees, not the company.

DEEP DIVE
IPO

Oura And Anthropic's IPOs Both Now Sitting In October

Oura And Anthropic's IPOs Both Now Sitting In October logo
IPO

Oura And Anthropic's IPOs Both Now Sitting In October

Oura's roadshow is still waiting on a price range and Anthropic has pushed to mid-October, leaving the two most-watched listings of the year both sitting past their original fall targets at the same time.

BY THE NUMBERS
IPO

Anthropic And Oura's Mega-IPOs Are Both Running Late

Anthropic And Oura's Mega-IPOs Are Both Running Late logo
IPO

Anthropic And Oura's Mega-IPOs Are Both Running Late

The two largest pending tech listings -- a $60B+ Anthropic offering and a $16B Oura float -- have each slipped their original timelines, with Anthropic's roadshow now pointing to mid-October.

DEEP DIVE
IPO

Oura's Profitable S-1 Rewrites the Wearables Playbook

Oura's Profitable S-1 Rewrites the Wearables Playbook logo
IPO

Oura's Profitable S-1 Rewrites the Wearables Playbook

Oura's S-1 shows 74% revenue growth, an actual net profit, and 5 million paid members -- a financial profile most of 2026's IPO hopefuls, including the AI labs, cannot come close to matching.

DEEP DIVE
IPO

The IPO Market's Real Bottleneck Is Banker Bandwidth

Illustration for: The IPO Market's Real Bottleneck Is Banker Bandwidth
IPO

The IPO Market's Real Bottleneck Is Banker Bandwidth

The same handful of banks are simultaneously leading Anthropic's, Oura's and SB Energy's mega-IPOs, and staffing capacity at the top underwriters may be constraining 2026's listing calendar more than investor demand.

THE VC READ
IPO

The Pre-IPO Round Is Becoming Everyone's Series C

Illustration for: The Pre-IPO Round Is Becoming Everyone's Series C
IPO$3.5B pre-IPO talks

The Pre-IPO Round Is Becoming Everyone's Series C

Nscale is reportedly in talks for $3.5 billion in pre-IPO financing, joining Anthropic's credit facility and Oura's early-investor cash-outs as evidence the line between late-stage private and public capital is blurring.

DEEP DIVE
IPO

Oura Heads Public With Rivals Circling the Finger

Oura Heads Public With Rivals Circling the Finger logo
IPO$1.21B nine-month revenue

Oura Heads Public With Rivals Circling the Finger

Oura's filing shows $1.21 billion of revenue in nine months and about 5 million paid members, but Ultrahuman, RingConn, Circular and Samsung are all shipping hardware into the category it created.

FOLLOW-UP
IPO

One of Eight IPO Candidates Just Actually Filed

Illustration for: One of Eight IPO Candidates Just Actually Filed
IPO

One of Eight IPO Candidates Just Actually Filed

Crunchbase named eight startups as 2026's clearest IPO candidates two days ago; since then, exactly one -- Oura -- has converted to an actual public S-1, while the other seven remain unfiled.

FOLLOW-UP
IPO

Why AI Infrastructure Beat AI Labs to the Public Markets

Illustration for: Why AI Infrastructure Beat AI Labs to the Public Markets
IPO

Why AI Infrastructure Beat AI Labs to the Public Markets

Crusoe is meeting IPO bankers and Oura just filed while OpenAI and Anthropic sit confidentially filed with no date -- I think that gap is permanent, and it tells you where the real underwriting risk in this cycle sits.

THE VC READ
IPO

Ten More Companies Filed to Go Public

Illustration for: Ten More Companies Filed to Go Public
IPO

Ten More Companies Filed to Go Public

A new wave of SEC registrations hit EDGAR on Sept. 3, led by Oura's blockbuster filing but including a defense-tech company near Nasdaq delisting and a going-concern cybersecurity filer trading under $1 a share.

FOLLOW-UP
IPO

Oura Files to Go Public at $16B-Plus

Oura Files to Go Public at $16B-Plus logo
IPO$16B+ IPO valuation

Oura Files to Go Public at $16B-Plus

Oura filed publicly for a Nasdaq listing under the ticker OURA, disclosing revenue up 74% to $1.21 billion over nine months and 5 million paid members, in an offering that could raise as much as $3 billion.

FOLLOW-UP
IPO

Oura Files Public S-1, Revenue Up 74% to $1.2B

Oura Files Public S-1, Revenue Up 74% to $1.2B logo
IPOTargeting $3B raise

Oura Files Public S-1, Revenue Up 74% to $1.2B

Oura filed its public S-1 for a Nasdaq listing under ticker OURA, disclosing $1.21 billion in nine-month revenue, up 74% year-over-year, as it targets a raise of up to $3 billion at a valuation above $16 billion.

DEEP DIVE
IPO

Oura Files for IPO, Targets Above $16B Valuation

Oura Files for IPO, Targets Above $16B Valuation logo
IPO$3B target raise

Oura Files for IPO, Targets Above $16B Valuation

Oura filed publicly for a US IPO that could raise up to $3 billion and value the smart-ring maker above $16 billion, disclosing revenue up 74% alongside sharply wider losses.

FOLLOW-UP
IPO

Eight Startups Racing a Closing 2026 IPO Window

Illustration for: Eight Startups Racing a Closing 2026 IPO Window
IPO

Eight Startups Racing a Closing 2026 IPO Window

Crunchbase identified eight startups -- including Anthropic, Oura, Notion, Kraken and SambaNova -- as candidates for a narrowing 2026 IPO window, with SpaceX's record June listing as the template.

DEEP DIVE
IPO

Oura's $16B IPO Bet: Can a Wearable Price Like Software?

Oura's $16B IPO Bet: Can a Wearable Price Like Software? logo
IPO$16B+ target valuation

Oura's $16B IPO Bet: Can a Wearable Price Like Software?

Oura is targeting a US IPO that could raise up to $3 billion at a valuation above $16 billion -- a 45% jump from last September's mark, riding revenue that's gone from $500M to a projected $2B in two years.

DEEP DIVE
IPO

Oura Eyes September IPO at $16B-Plus Valuation

Oura Eyes September IPO at $16B-Plus Valuation logo
IPO

Oura Eyes September IPO at $16B-Plus Valuation

Smart ring maker Oura is reportedly planning a US IPO as soon as September that could raise up to $3 billion and value the company above $16 billion, roughly 50% higher than its valuation less than a year ago.

DEEP DIVE
IPO

Oura Eyes September IPO at $16B+ Valuation

Oura Eyes September IPO at $16B+ Valuation logo
IPO$16B+ valuation

Oura Eyes September IPO at $16B+ Valuation

Smart-ring maker Oura is reportedly preparing a US IPO as soon as September that could raise up to $3 billion at a valuation above $16 billion, nearly 50% above the $11 billion mark it carried after an $875 million round last year.

DEEP DIVE

Value Add Research

Related Companies

Oura FAQ

What is Oura's valuation?

Oura's valuation is $11B (As of Oct 2025, TechCrunch).

Who are Oura's investors?

Oura's investors include Alumni Ventures, Atreides Management, Fidelity Investments, Forerunner Ventures, Iconiq Capital, and 1 more (As of Sep 22, 2026).

Sources & methodologyshow
Where these figures come from
  • TechCrunchmajor outlet2 facts
  • Value Add Pulse researchValue Add VC data2 facts

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

Withheld from the headline: revenue — sources disagree for the same period and a review is pending.

How we verify data · Suggest a correction