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OURA

OURA IPO

$11.36B
Series E Valuation, Mar 2026
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OURA IPO date and status

2013
Founded
May 2026
Confidentially Filed
Sep 2026
S-1 Filed

Company details

Oura, founded in 2013, is a health technology company that makes a smart ring designed to help individuals monitor fitness, stress, sleep and overall health. Founded by Petteri Lahtela, Kari Kivelä and Markku Koskela and headquartered in Oulu, Finland, the company operates in the digital health sector. Its smart ring 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.

The company has raised capital from prominent investors including Fidelity, Iconiq, Whale Rock Capital, Forerunner, Temasek and DexCom. In September 2026, Reuters reported that Oura set an initial public offering (IPO) price range of $40-$44 per share, with the company and its backers planning to sell 50 million shares to raise up to $2.2 billion at a valuation of about $15.6 billion. However, The Information has since reported that Oura will be postponing its IPO amid market uncertainty.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Founded
2013
Headquarters
Oulu, Finland
Founder
Petteri Lahtela
Forge Price 1
Price not yet available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
$11.36B
Total Funding
$1.5B
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 $1.5B to date.

OURA major investors

345 Partners
A-Rod Corp
Alumni Ventures Group
Athletico Ventures
Bedford Ridge Capital
Benevolent Capital
Block
Bold Capital Group
DexCom
Elysian Park Ventures
Forerunner
Free Solo Ventures
G9 Ventures
Gradient Ventures
Jazz Venture Partners
Lifeline Ventures
MSD Capital
Microtech Ventures
Ride Ventures
Sanno Capital
Sax Capital
Summer Vc
Temasek Holdings
Tribe Capital
Vis Capital

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
03/31/2026 Series E $972.43M $53.57 $11.36B Atreides Management, Fidelity Management, Iconiq Partners, Lateralus Holdings, Matter Venture Partners, Whale Rock Capital Management
Price per Share
$ xx.xx
Shares Outstanding
18,152,483
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 Management, Fidelity Management, Iconiq Partners, Lateralus Holdings, Matter Venture Partners, Whale Rock Capital Management
12/19/2024 Series D $200M $25.69 $5.2B 2468 Ventures, Anticipation Ventures, CTR Capital, DexCom, Fidelity Management, 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 Management, Okeanos, Sequence
04/05/2022 Series C-3 $6.08M $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
408,876
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 $135.87M $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
9,527,807
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 $158.44M $4.33 $899.61M Bedford Ridge Capital, Eisai, Elysian Park Ventures, Forerunner, Jazz Venture Partners, Lifeline Ventures, Marc Benioff, Metaplanet, MSD Capital, Next Ventures, One Capital, Square Capital, TCG Crossover Management, Temasek Holdings
Price per Share
$ xx.xx
Shares Outstanding
36,575,099
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 Capital, Eisai, Elysian Park Ventures, Forerunner, Jazz Venture Partners, Lifeline Ventures, Marc Benioff, Metaplanet, MSD Capital, Next Ventures, One Capital, Square Capital, TCG Crossover Management, Temasek Holdings
03/17/2020 Series B-1 $2.07M $0.79 $139.68M Able Partners, Alumni Ventures Group, Forerunner, Gradient Ventures, J2 Ventures, Jazz Venture Partners, Lateralus Holdings, Next Ventures, Reverb Capital, Sanno Capital, Square Capital
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 Group, Forerunner, Gradient Ventures, J2 Ventures, Jazz Venture Partners, Lateralus Holdings, Next Ventures, Reverb Capital, Sanno Capital, Square Capital
03/17/2020 Series B-2 $12.22M $0.75 $139.68M Able Partners, Alumni Ventures Group, Forerunner, Gradient Ventures, J2 Ventures, Jazz Venture Partners, Lateralus Holdings, Next Ventures, Reverb Capital, Sanno Capital, Square Capital
Price per Share
$ xx.xx
Shares Outstanding
16,252,574
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 Group, Forerunner, Gradient Ventures, J2 Ventures, Jazz Venture Partners, Lateralus Holdings, Next Ventures, Reverb Capital, Sanno Capital, Square Capital
12/03/2018 Series A-2 $3.54M $0.38 $59.21M Apolo Anton Ohno, B37 Ventures, Blue Ivy Ventures, Bold Capital Group, 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
9,216,564
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 Group, 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 Group, 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
23,474,991
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 Group, 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 $675,453.14 $0.17 $11.19M Lifeline Ventures, Proxy
Price per Share
$ xx.xx
Shares Outstanding
4,030,150
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

Browse More Insights

Independent IPO news coverage

Oura Seeks Up To $2.2 Billion At $15.6 Billion IPO Valuation

Oura and some of its existing shareholders are seeking to raise as much as $2.2 billion through a U.S. initial public offering that could value the smart-ring maker at approximately $15.62 billion, according to Reuters.

Oura is reportedly eyeing a September IPO that could value it at more than $16B

Oura, the smart ring maker, with offices in San Francisco and Finland, is reportedly planning to raise up to $3 billion as soon as next month in a U.S. IPO that values the more than 900-person company at [spits out coffee] north of $16 billion, according to Bloomberg. The outlet adds that investors are expected to sell a major chunk of stock in the offering.

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.

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.

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 TherapeuticsAffinia TherapeuticsNot available$ xx.xxSeries C$156.61M$1.62$40M
OriginOriginNot available$ xx.xxNot available------

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Top Gainers

Company Forge Price (6M Change) Market Activity Last Matched
DataRobot DataRobot $4.21 +$3.49 (484.72%)Limited $xxx.xx
SambaNova Systems SambaNova Systems $75.97 +$56.92 (298.79%)High $xxx.xx
Zipline Zipline $141.30 +$83.89 (146.12%)High $xxx.xx
Stoke Space Stoke Space $119.38 +$69.46 (139.14%)Low $xxx.xx
SandboxAQ SandboxAQ $33.18 +$17.93 (117.57%)High $xxx.xx

Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
OpenAI OpenAI Not availableHigh $xxx.xx
Anthropic Anthropic Not availableMedium $xxx.xx
Databricks Databricks $288.40 +$92.09 (46.91%)High $xxx.xx
Anduril Anduril $140.54 +$28.30 (25.21%)High $xxx.xx
Shield AI Shield AI $172.04 +$14.12 (8.94%)High $xxx.xx

Forge, your trusted partner for pre-IPO insights and OURA data

Forge is the trusted platform for buying and selling pre-IPO shares. Investors and shareholders worldwide rely on our deep data insights, liquidity solutions, and tailored investment opportunities to navigate the private market. Register to get started.

Updated on: Oct 28, 2026

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