Oura Secures Significant Funding
Oura has successfully closed a Series E funding round, raising over $900 million and increasing its valuation to $11 billion.
This substantial investment serves as a testament to investor confidence in the company, providing it with the necessary funds to drive growth and innovation.
- Oura has sold over 5.5 million smart rings, with shipments doubling in the last year.
- The company has introduced its new Gen 4 Ceramic collection.
- Oura has launched Health Panels, a blood-testing service integrated into the Oura app, focusing on preventative health.
Investors have shown significant confidence in Oura's vision and growth potential.
Author's summary: Oura raises $900m in funding, valuing the company at $11 billion.