Oura Health Skyrockets to $10.9 Billion Valuation After Raising $875M
Oura Health, a leading Finnish health technology company, has successfully secured a monumental $875 million in a Series E funding round. This impressive achievement has effectively doubled the company’s valuation to an estimated $10.9 billion, catapulting Oura Health into the top tier of the world’s most valuable health wearable companies.
Expected to close by the end of September 2025, this funding round signifies a period of explosive growth for the smart ring manufacturer. To date, Oura Health has sold 5.5 million devices, with a staggering 3 million sold in just the past year alone.
With a trajectory set for success, Oura is on track to generate more than $1 billion in revenue in 2025, doubling the $500 million it posted in 2024. The company’s projections indicate that sales will exceed $1.5 billion by 2026. This growth is anticipated to be driven by factors such as:
- Increased demand from female consumers
- Retail store sales
- International expansion into markets like Japan and Germany
The Oura Ring, renowned for its ability to track sleep, heart rate, stress levels, and menstrual cycles, has gained significant popularity among fitness enthusiasts and health-conscious consumers. Notably, the US military serves as Oura’s largest business customer, with tens of thousands of service members utilizing the rings for fatigue tracking and research purposes.
Source: MobiHealthNews