Oura Inc. seeks a $14.1 billion valuation in a $2.2 billion Nasdaq IPO, leveraging its growing market share in health-tracking smart rings and a subscription-based service model.
Oura Inc. is conducting an IPO on Nasdaq under ticker OURA, seeking up to $2.2 billion, with a market value up to $14.1 billion.
Smart ring manufacturer Oura Inc. has filed for an initial public offering on the Nasdaq, aiming to raise up to $2.2 billion. The company plans to sell 50 million shares at a price range of $40 to $44, targeting a market valuation of $14.1 billion as it scales its health-tracking wearable business.
Oura manufactures smart rings that track health metrics like sleep and heart rate, complemented by a subscription-based Oura Membership service for personalized health insights.