Topics
in style
AI
Amazon
Image Credits:Brian Heater
Apps
Biotech & Health
clime
Image Credits:Brian Heater
Cloud Computing
Commerce
Crypto
initiative
EVs
Fintech
Fundraising
Gadgets
back
Government & Policy
Hardware
layoff
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
societal
Space
Startups
TikTok
Transportation
Venture
More from TechCrunch
effect
Startup Battlefield
StrictlyVC
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
adjoin Us
voguish halo Godhead Ouraannouncedon Tuesday that it has receive a $ 75 million investing from glucose twist maker Dexcom . The investment commemorate Oura ’s Series D financial support round and brings the company ’s valuation to more than $ 5 billion .
The partnership pave the way of life for the two companies ’ devices and apps to be used together , which intend Oura rings will finally help exploiter monitor their blood sugar .
“ Ninety - seven percent of Oura Members have expressed interest in understanding how the nutrient they eat impacts their wellness , ” say Oura CEO Tom Hale in apress release . “ This partnership with Dexcom will enable us to empower our members to make informed decisions and adjust behaviour to positively impact their biostatistics and long - term health . ”
The first app integration resulting from the partnership is expected to launch in the first one-half of 2025 .
Founded in 1999 , Dexcom sells continuous glucose monitoring devices to help people understand the impact of everyday lifestyle choices on glucose levels .
“ Partnering with ŌURA gives us the opportunity to redefine the category again , integrate data from Dexcom glucose biosensors with the continuous sixth sense and metrics measured by Oura Ring , ” said Matt Dolan , executive vice chairperson of strategy and corporate development at Dexcom , in a statement . “ This powerful combination will attract raw shared customer who want to advantageously empathize the connexion between activity , sleep , nutrition and their glucose . ”
As part of the partnership , the two company will co - market place and cross - sell each other ’s intersection .
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
Earlier this year , Ouraannouncedthat it had sold 2.5 million rings . The company also revealed that it expects to see annual sale double in 2024 to roughly $ 500 million and that it ’s profitable .
The partnership comes as Apple has been working on noninvasive glucose monitoring for many long time . A recentBloombergreport indicates that the company is prove an app that help citizenry with prediabetes to finagle their health . The news report states that although Apple does n’t design to release the app , it could integrate the technology into future products , such as a noninvasive glucose proctor .