Smart ring for sleep, activity, recovery, and temperature tracking, paired with a health and longevity subscription
Oura is a Finnish health-tech company best known for the Oura Ring, a smart ring that tracks sleep, activity, recovery, heart-rate variability, and body temperature, paired with a paid Oura Membership for premium insights. Founded in Oulu in 2013, the company has sold more than 5.5 million rings cumulatively and roughly doubled revenue to about $1B in 2025. In October 2025 Oura closed a $900M Series E led by Fidelity at an $11B valuation, up from $5.2B a year earlier, and is widely viewed as an IPO candidate.
Consumer Hardware📍 San Francisco, CAFounded 2013
Current Valuation
$11B
as of 2025-Q4
DECACORN
QL Price
$11B
0% vs last round
QuantLogix's current estimate for Oura, published 2026-10-07 — in line with the last disclosed round of $11B (2025-Q4).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$11B
2025-Q4
weight 0.59
How this price has held up
No round has priced for Oura since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Oura, 2026-10-07 (fcc7ccd72eb0a409).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookfiled
Is Oura going public in 2026?
Yes — Oura has filed for an IPO, with a listing expected in 2026. The filing is the company's own step, not a rumor.
What is Oura's valuation in 2026?
Oura is valued at $11B as of 2025-Q4, set by its Series E ($900M, Oct 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Oura filed an S-1?
Yes. Oura has filed its S-1.
Who are Oura's investors?
Oura's investors include Fidelity Management & Research, Forerunner Ventures, Dexcom, The Chernin Group, Glynn Capital, Temasek and 1 more.
Is Oura publicly traded — can you buy Oura stock?
Not yet. Oura is private until it lists, so there is no ticker to buy. Before the IPO, exposure is limited to pre-IPO secondary marketplaces and funds (accredited investors) or tender offers; after listing, the shares trade on the exchange under the new ticker.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Tom Hale
Founded
2013
HQ
San Francisco, CA
Employees
1,350
Est. Revenue
$1.4B (LTM to 2026-06-30)
Growth
Revenue $1.21B in the nine months to 2026-06-30, up 74%; fiscal 2025 revenue $907.9M, up 123% on fiscal 2024. Net income $60.8M in the nine-month period against $1.6M a year earlier, after just $0.01M for all of fiscal 2025. 5.0 million Paid Members at ~85% weighted-average twelve-month retention, 3.1 million rings sold in nine months, ~1,350 employees across 11 countries.
Last Round
Series E — $900M (Oct 2025) · Lead: Fidelity Management & Research
IPO Status
filed
Fundraising Status
Series E · $900M · 1y ago
filed
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series E
$900M
Oct 2025
Fidelity Management & Research
—
Talent Signal
Hiring trend
▼ Hiring downtrend
-11% vs 2026-08
Open roles
95
via greenhouse
Product-build share
56%
engineering, research, product, design
Trajectory
tightening
product-led hiring — 56% of open roles build product; the rest are go-to-market and G&A.
Open roles trending down; no tracked executive churn.
Counted from Oura's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Petteri LahtelaMarkku KoskelaKari Kivela
Investors
Fidelity Management & Research · Forerunner Ventures · Dexcom · The Chernin Group · Glynn Capital · Temasek · Capricorn Investment Group
Products
Oura Ring Gen 4 (smart ring with sleep, activity, HRV, temperature tracking)
Oura App (insights, scores, trends)
Oura Membership (premium health and longevity subscription)
Competitors
Whoop · Apple Watch · Fitbit (Google) · Garmin · Samsung Galaxy Ring · Ultrahuman
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q4. Refreshed quarterly.