Smart ring leader Oura files confidential IPO paperwork with the U.S. SEC... valued at $11 billion

Oura has confidentially filed for a U.S. IPO with the SEC and is moving ahead with the listing process.

Goldman Sachs, Morgan Stanley and JPMorgan Chase are among the banks helping prepare the offering.

A recent funding round valued Oura at about $11 billion, and an IPO could happen as early as this year.

The move underscores growing investor interest in the wearable market, especially smart rings.