Oura launches redesigned app and ‘Cumulative Stress’ feature
The company also shared that it’s pursuing FDA clearance for blood pressure features that give users a likelihood assessment of hypertension.
The company also shared that it’s pursuing FDA clearance for blood pressure features that give users a likelihood assessment of hypertension.
Oura is raising new funding of $900 million as its valuation reaches nearly $11 billion
Oura’s chief commercial officer doesn’t seem particularly worried about capturing every demographic. Instead, she’s focused on keeping Oura’s core users happy while organically attracting new segments. And young women are becoming part of that core market.
The new Oura Ring 4 Ceramic is made from zirconia ceramic, which the company says allows for durability and lightweight comfort.
In a recent interview with The New York Times, Oura Health CEO Tom Hale didn’t discuss reports that the company is raising new funding that would value the health-tracking ring maker at nearly $11 billion, but he did talk about whether he has ambitions to take Oura public.
The company is expected to generate more than $1 billion in revenue this year, doubling the $500 million it made in 2024.
Oura CEO Tom Hale is trying to set the record straight about the smart ring maker’s partnership with the Department of Defense (DoD) and data miner Palantir, which is used by defense, intelligence, and law enforcement agencies in the United States and elsewhere.