Smart ring maker Oura files to go public

Oura, the Finnish smart ring maker, has confidentially filed a Form S-1 with the SEC for an IPO.

The company says it has sold 5.5 million rings and recently raised $875 million at an $11 billion valuation.

Oura has become one of the leading consumer wearable health companies, helped by rapid growth and strong investor backing.

It also recently launched an AI model focused on women’s health, underscoring its push into broader health insights.