Wearable device company ŌURA has secured $200 million in Series D funding to expand its product offerings. Founded in Finland in 2013, ŌURA offers the Oura Ring, which provides insights on sleep, activity, readiness, stress, resilience, women’s health, and heart health. The funding, led by Fidelity Management & Research Company and Dexcom, brings the company’s valuation to $5.2 billion. ŌURA has sold over 2.5 million rings, doubled its member base and revenue, and launched new partnerships and acquisitions. The company aims to transform the fitness and wellness industry by providing continuous, individualized health insights.
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ŌURA Snags $200M, Hits $5.2B Valuation
