Smart Ring Maker Oura Eyes US IPO, Valuation Could Hit $16B
Oura, the company behind the popular smart rings, is reportedly planning a US IPO as early as next month, targeting up to $3 billion in fundraising and a valuation that could exceed $16 billion. This marks a significant jump from its last valuation of $10.9 billion. But the company also faces a class-action lawsuit over sleep tracking accuracy. As competition heats up in the wearable market, Oura's move signals a new phase for AI-driven health hardware.






