The manufacturer of OURA Health OY, OURA Health and Fitness Ring, is collecting $ 875 million in a new series e -financeing round. Bloomberg,
Round, which is expected to close by the end of the month, will double the company’s $ 5 billion evaluation Series D Round announced last DecemberThe report states that the series e round could still exceed $ 900 million.
ORA has sold 5.5 million ring to date, there has been a significant increase from 2.5 million reported in June 2024. The company is expected to generate more than $ 1 billion revenue this year, doubled $ 500 million made in 2024. For 2026, the company sales more than $ 1.5 billion.
The company plans to score production, expand internationally and invest in product development.
Bloomberg noted that the company’s recent growth has been operated by women consumers, sales of retail stores, purchases made through health savings accounts and expansion in international markets.
