Oura Seeks Up to $2.2 Billion in U.S. IPO

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Oura Seeks Up to $2.2 Billion in U.S. IPO

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1 hour ago

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Smart ring maker Oura is looking to raise up to $2.2 billion in its U.S. initial public offering (IPO). It plans to sell 50 million shares at $40 to $44 each. That would value the company at up to $14.1 billion, well above the $11 billion valuation after a Series E financing round in 2025. Oura reported a net loss of $924.3 million on $1.21 billion in revenue for the nine months ended June 30, even as its Oura Membership service passed five million paid members.Smart Ring Maker Oura, Backers See...

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