spacex It may have stolen the show with its IPO prospectus, but Elon Musk’s aerospace-AI-data center company wasn’t the only notable business to file to go public this week. Finnish Smart Ring Company on Thursday Our Said It confidentially submitted a Form S-1 to the US Securities and Exchange Commission in preparation for an IPO.
Founded in 2015, Oura has emerged as one of the most popular wearable health trackers, distinguishing itself from products like Fitbit, Garmin, and Apple’s Watch with a smooth, unobtrusive ring.
The Oura Ring tracks activity, sleep, and daily “readiness,” among other health metrics, and today has customers around the world. At the time of its Series E last September, Ora said it had sold 5.5 million rings to date, significantly more than the 2.5 million reported last year.
That series saw the rise of Ora $875 million At a valuation of $11 billion, more than double the $5 billion raised in the previous round in 2024.
The company recently introduced a proprietary AI model women’s Health In an effort to cater to its growing base female customer.
