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ŌURA has raised $900 million to boost global reach and fast-track innovation for its smart ring line, now valued at $11 billion.
October 15, 2025
Source:
Unsplash / John Doe
Major Funding for Wearable Tech Leader
ŌURA, Finland-based smart ring maker, has secured $900 million in fresh capital to expand its international presence and deepen its technological advancements. The round was led by Fidelity Management & Research Company, with support from ICONIQ, Whale Rock, and Atreides, pushing the company’s valuation to $11 billion [MedCity News]. Since its 2015 debut, ŌURA has sold over 5.5 million rings, with more than half of those in the last year, signaling rapid recent growth.
Product and Market Reach
The Oura Ring tracks over 50 health metrics: sleep, activity, readiness, heart health, stress, and more.
Connected app offers personalized health insights based on validated medical standards.
The device starts at $349.
In 2024, ŌURA reported $500M in revenue and expects to exceed $1 billion in 2025.
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Source:
Pexels / Jane Smith
Innovation and Expansion Plans
AI and Health Technology Focus
The fresh $900M will fund acceleration in AI-powered product features and deeper personalized health tools [Wareable]. ŌURA aims to strengthen preventative health offerings, leveraging data-driven insights for users and partnering organizations.
Global Distribution Goals
ŌURA wants to expand into new regions, making its ring more available worldwide.
The company plans to reinforce its 1,000+ partnerships across health, wellness, and research sectors.
Leadership Update: David Shuman has stepped in as chair of the board, replacing Eurie Kim, continuing the company’s executive evolution.
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Pixabay / TechLife
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