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fresh ring shaper Oura announced on Thursday that it has close a $ 200 million Series D financial support around , institute the society ’s rating to $ 5.2 billion . The round included participation from Fidelity Management and glucose machine maker Dexcom .
Oura says the new capital will allow it to elaborate its product offer and further invest in intersection , scientific discipline , AI , and more . The support will also enable Oura to explore additional acquirement , the company says .
The intelligence comesa month after Oura foretell that it was partner with Dexcomto pave the way for the two troupe ’ devices and apps to be used together . The partnership means Oura rings will finally help users supervise their blood simoleons , and that the two company will co - market and fussy - sell each other ’s products . Oura said at the time that Dexcom would be place $ 75 million in its Series D round .
“ As we go along to drive momentum and growth , we are bolstered by the additional living of these investor , ” say Oura CEO Tom Hale in a military press release . “ We ’ve made significant progress in advancing our mission to make health a daily practice and will expend this backing to unlock new opportunity , with AI exploitation at the heart and soul of our strategy . We know that Oura has the potential to change animation at scale , and we ’re excited to continue leading the market in innovation while pursuing opportunity that strain beyond the ring . ”
Oura has sold more than 2.5 million rings , and the party ’s member base and tax revenue has more than doubled over the preceding year .
In 2024 , the fellowship expanded its retail presence by bringing its products toAmazonandTarget . It also partner with Naval Health Research Center , the Air Force , and the Defense Innovation Unit to put its impertinent rings on the fingers of overhaul penis .
In October , Oura acquired Sparta Science , a Bay Area - based health trailing startup . In September , Oura acquired Veri , the Helsinki - based startup behind the metabolic wellness product of the same name .
