✉news BusinessMarkets first seen 11 h ago, last 8 h ago, peak #15
Ora ring maker valued at $1.5 billion in new funding round
Original: Oura Just Went Through a $1.5 Billion Health-Check
Smart ring maker Oura has raised funding that values the Finnish health-tech company at roughly $1.5 billion. The deal comes as demand for consumer health wearables grows, with Oura's ring tracking sleep, heart rate and recovery. Investors are betting the company can compete with bigger players like Apple, Samsung and Whoop in the crowded health-tracking market.
Why now: Fresh funding and a new valuation for a high-profile wearables company is drawing market and tech attention.
Evidence
- Oura Just Went Through a $1.5 Billion Health-Check · Bloomberg.com
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