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OURA IPO

$11B

Series E Valuation, Oct 2025

Upcoming IPO Unicorn

Buy And Sell OURA StockLearn More About OURA StockAdd To Watchlist

OURA IPO date and status

2013

Founded

May 2026

Confidentially Filed

www.businesswire.com

Company details

Oura is a health technology company which offers a smart ring to individuals seeking to monitor their fitness, stress, sleep, and overall health. Their device is designed to provide round-the-clock data on various health metrics, with the goal of helping users make informed decisions about their well-being. This company was founded by Petteri Lahtela, Kari Kivelä, and Markku Koskela in 2013 and is headquartered in Oulu, Finland.

ouraring.com

Sector

Healthcare

Subsector

Digital Health

Founded

2013

Headquarters

Oulu, Finland

Founder

Petteri Lahtela

Forge Price ¹

Price not yet available

Market Activity ²

Limited

Last Matched Price

Get Full Access

Post-Money Valuation ³

$11B

Total Funding

$1.65B

Last Funding Round

Series E

Learn more about OURA

To invest in OURA pre-IPO

Can you invest in OURA pre-IPO?

OURA is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.

If you’re already accredited and have completed Forge’s verification, you can visit our marketplace to review and invest in private companies ahead of an IPO.

If you haven’t yet completed your accredited investor verification with Forge, you can start that process now to unlock access to new private-company offerings.

For more on who qualifies—and how to get verified—see our blog “Accredited investors, qualified clients and qualified purchasers: Who can invest?”

Can you sell shares of OURA before it goes public?

Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while OURA is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.

If you’d like additional guidance at any point, Forge private market specialists are available to help. For a step-by-step overview, check out our seller’s guide.

What is the pre-IPO value of my OURA shares?

To explore the value of your OURA shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.

These insights can help you determine a price you’re comfortable with if you choose to sell your shares. If you’d like additional guidance along the way, Forge private market specialists are available to help. You can also review our seller’s guide for a step-by-step overview.

Is OURA a publicly traded company?

OURA is a private company and not publicly traded.

If you’re interested in buying or selling shares in private companies, you can register with Forge today for free to explore available opportunities. Once registered, you’ll gain access to our marketplace, where you can view active buy and sell interest, evaluate pricing signals and take action directly through the platform.

To learn more about OURA potential IPO

Will OURA go IPO?

OURA has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is OURA’s IPO price?

The OURA IPO price does not exist at this time, as OURA is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to OURA, register for Forge today.

When was OURA founded?

OURA was founded in 2013.

What is OURA funding to date?

OURA has raised $1.65B to date.

OURA major investors

345 Partners

A-Rod

Alumni Ventures

Athletico Ventures

Bedford Ridge Capital

Benevolent Capital

Block

Bold Capital Partners

DexCom

Elysian Park Ventures

Forerunner Ventures

Free Solo Ventures

G9 Ventures

Gradient Ventures

Jazz Venture Partners

Lifeline Ventures

Microtech Ventures

Msd Capital

Ride Ventures

Sanno Capital

Sax Capital

Summer Vc

Temasek Holdings

Tribe Capital

Vis Capital

Show All InvestorsShow Fewer Investors

OURA pre-IPO valuation and funding rounds

Funding history chart

Funding round and deals details

	Funding Date	Round	Amount Raised	Price per Share	Post-Money Valuation ³	Key Investors
	10/14/2025	Series E	$900M	$53.57	$11B	Atreides, Fidelity, Iconiq, Lateralus Holdings, Matter Venture Partners, Whale Rock Capital
Price per Share $ xx.xx Shares Outstanding 16,800,448 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Atreides, Fidelity, Iconiq, Lateralus Holdings, Matter Venture Partners, Whale Rock Capital
	12/19/2024	Series D	$200M	$25.69	$5.2B	2468 Ventures, Anticipation Ventures, CTR Capital, DexCom, Fidelity, Okeanos, Sequence
Price per Share $ xx.xx Shares Outstanding 7,785,129 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors 2468 Ventures, Anticipation Ventures, CTR Capital, DexCom, Fidelity, Okeanos, Sequence
	04/05/2022	Series C-3	$282.66M	$14.87	$2.55B	345 Partners, Beyond The Game Network, CTR Capital, Forerunner, J2 Ventures, Lifeline Ventures, Microtech Ventures, Msd Capital, Nathaniel Turner, One Capital, Sequence, Stadia Ventures, Sternhill Associates
Price per Share $ xx.xx Shares Outstanding 19,008,876 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors 345 Partners, Beyond The Game Network, CTR Capital, Forerunner, J2 Ventures, Lifeline Ventures, Microtech Ventures, Msd Capital, Nathaniel Turner, One Capital, Sequence, Stadia Ventures, Sternhill Associates
	04/05/2022	Series C-2	$139.55M	$14.26	$2.55B	345 Partners, Beyond The Game Network, CTR Capital, Forerunner, J2 Ventures, Lifeline Ventures, Microtech Ventures, Msd Capital, Nathaniel Turner, One Capital, Sequence, Stadia Ventures, Sternhill Associates
Price per Share $ xx.xx Shares Outstanding 9,786,057 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors 345 Partners, Beyond The Game Network, CTR Capital, Forerunner, J2 Ventures, Lifeline Ventures, Microtech Ventures, Msd Capital, Nathaniel Turner, One Capital, Sequence, Stadia Ventures, Sternhill Associates
	05/04/2021	Series C-1	$100M	$4.33	$899.61M	Bedford Ridge, Eisai, Elysian Park Ventures, Forerunner, Jazz Venture Partners, Lifeline Ventures, Marc Benioff, Metaplanet Holdings, Msd Capital, Next Ventures, One Capital, Square, Tcg, Temasek
Price per Share $ xx.xx Shares Outstanding 23,084,559 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Bedford Ridge, Eisai, Elysian Park Ventures, Forerunner, Jazz Venture Partners, Lifeline Ventures, Marc Benioff, Metaplanet Holdings, Msd Capital, Next Ventures, One Capital, Square, Tcg, Temasek
	03/17/2020	Series B-1	$2.07M	$0.79	$139.68M	Able Partners, Alumni Ventures, Forerunner, Gradient, J2 Ventures, Jazz Venture Partners, Lateralus Holdings, Next Ventures, Reverb Capital, Sanno Capital, Square
Price per Share $ xx.xx Shares Outstanding 2,608,739 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Able Partners, Alumni Ventures, Forerunner, Gradient, J2 Ventures, Jazz Venture Partners, Lateralus Holdings, Next Ventures, Reverb Capital, Sanno Capital, Square
	03/17/2020	Series B-2	$16.22M	$0.75	$139.68M	Able Partners, Alumni Ventures, Forerunner, Gradient, J2 Ventures, Jazz Venture Partners, Lateralus Holdings, Next Ventures, Reverb Capital, Sanno Capital, Square
Price per Share $ xx.xx Shares Outstanding 21,571,278 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 6.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Able Partners, Alumni Ventures, Forerunner, Gradient, J2 Ventures, Jazz Venture Partners, Lateralus Holdings, Next Ventures, Reverb Capital, Sanno Capital, Square
	12/03/2018	Series A-2	$3.59M	$0.38	$59.21M	Apolo Anton Ohno, B37 Ventures, Blue Ivy Ventures, Bold Capital Partners, Dave Morin, David Chang, Drew Brees, Earl Thomas III, G9 Ventures, Jaan Tallinn, Jimmy Johnson, Joi Ito, Keisuke Honda, Kevin Lin, Lance Armstrong, Lateralus Holdings, Lifeline Ventures, Manu Ginobili, Msd Capital, Neil Strauss, Nick Foles, Proxy, Ryan Rzepecki, Sam Harris, Shaquille O'Neal, Sternhill Associates, Steve Chen, Tesi, Will Smith
Price per Share $ xx.xx Shares Outstanding 9,345,214 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 0.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Apolo Anton Ohno, B37 Ventures, Blue Ivy Ventures, Bold Capital Partners, Dave Morin, David Chang, Drew Brees, Earl Thomas III, G9 Ventures, Jaan Tallinn, Jimmy Johnson, Joi Ito, Keisuke Honda, Kevin Lin, Lance Armstrong, Lateralus Holdings, Lifeline Ventures, Manu Ginobili, Msd Capital, Neil Strauss, Nick Foles, Proxy, Ryan Rzepecki, Sam Harris, Shaquille O'Neal, Sternhill Associates, Steve Chen, Tesi, Will Smith
	12/03/2018	Series A-1	$6.96M	$0.30	$59.21M	Apolo Anton Ohno, B37 Ventures, Blue Ivy Ventures, Bold Capital Partners, Dave Morin, David Chang, Drew Brees, Earl Thomas III, G9 Ventures, Jaan Tallinn, Jimmy Johnson, Joi Ito, Keisuke Honda, Kevin Lin, Lance Armstrong, Lateralus Holdings, Lifeline Ventures, Manu Ginobili, Msd Capital, Neil Strauss, Nick Foles, Proxy, Ryan Rzepecki, Sam Harris, Shaquille O'Neal, Sternhill Associates, Steve Chen, Tesi, Will Smith
Price per Share $ xx.xx Shares Outstanding 23,485,035 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 0.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Apolo Anton Ohno, B37 Ventures, Blue Ivy Ventures, Bold Capital Partners, Dave Morin, David Chang, Drew Brees, Earl Thomas III, G9 Ventures, Jaan Tallinn, Jimmy Johnson, Joi Ito, Keisuke Honda, Kevin Lin, Lance Armstrong, Lateralus Holdings, Lifeline Ventures, Manu Ginobili, Msd Capital, Neil Strauss, Nick Foles, Proxy, Ryan Rzepecki, Sam Harris, Shaquille O'Neal, Sternhill Associates, Steve Chen, Tesi, Will Smith
	11/12/2015	Series Seed-3	$774,694.80	$0.17	$11.19M	Lifeline Ventures, Proxy
Price per Share $ xx.xx Shares Outstanding 4,622,284 Liquidation Pref Order 2 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 0.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Lifeline Ventures, Proxy
	11/12/2015	Series Seed-2	$147,855.29	$0.15	$11.19M	Lifeline Ventures, Proxy
Price per Share $ xx.xx Shares Outstanding 1,006,503 Liquidation Pref Order 2 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 0.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Lifeline Ventures, Proxy
	11/12/2015	Series Seed-1	$390,277.03	$0.05	$11.19M	Lifeline Ventures, Proxy
Price per Share $ xx.xx Shares Outstanding 7,728,258 Liquidation Pref Order 2 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 0.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Lifeline Ventures, Proxy

OURA IPO news and media highlights

Latest curated insights

Article

Oura Upcoming IPO: Smart ring maker tracks toward going public

August 12, 2026

Oura is a health technology company best known for its smart ring, a wearable device that tracks metrics around sleep, heart health, stress and activity. The company pairs its hardware with a subscription that turns the data into personalized insights, and Oura has positioned the ring as a wellbeing tool, rather than just a fitness tracker.

Browse More Insights

Independent IPO news coverage

TechCrunch 09/22/2025

Oura ring maker raising $875M Series E, bringing valuation to $11B, report says

Oura Health Oy, the maker of the Oura health and fitness ring, is raising $875 million in a new Series E financing round valuing it around $10.9 billion, according to a new report from Bloomberg.

TechCrunch 11/19/2024

Oura valued at $5B following deal with medical device firm Dexcom

Smart ring maker Oura announced on Tuesday that it has received a $75 million investment from glucose device maker Dexcom. The investment marks Oura’s Series D funding round and brings the company’s valuation to more than $5 billion. The partnership paves the way for the two companies’ devices and apps to be used together, which means Oura rings will eventually help users monitor their blood sugar.

Bloomberg.com 09/30/2024

Oura Nears $500 Million in Annual Revenue and Readies New Ring

Oura Health Oy, a Finnish health technology company known for its fitness-tracking rings, will see annual sales double this year to roughly $500 million and expects “healthy” growth in 2025. Chief Executive Officer Tom Hale, speaking in an interview, said that Oura is building a loyal following after selling more than 2.5 million rings. Still, the company isn’t yet at the stage of planning an initial public offering, he said.

Financial Post 10/23/2023

ŌURA Expands Retail Footprint into Canada with Best Buy Partnership

ŌURA, the company behind the smart ring that delivers personalized health data, insights, and daily guidance, today announced its expansion to the Canadian retail market in continued partnership with Best Buy. This marks another milestone for ŌURA’s business and a big step forward in bringing the brand to more people worldwide. In April 2023, ŌURA’s launch into Best Buy marked the brand’s first large-scale retail endeavor in the United States. Now, Oura Ring will be shoppable in 124 Best Buy stores for Canadian consumers.

Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Healthcare

Subsector: Digital Health

Trade Metrics				Last Funding Round
Company		Forge Price	Last Matched	Round	Post-Money Valuation ³	Price Per Share	Amount Raised
	Affinia Therapeutics	Not available	$ xx.xx	Series C	$156.61M	$1.62	$40M
	Origin	Not available	$ xx.xx	Not available	--	--	--

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Updated on: Aug 20, 2026

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