Topics

in style

AI

Amazon

Article image

Image Credits:Brian Heater

Apps

Biotech & Health

clime

person holding Oura ring between thumb and forefinger

Image Credits:Brian Heater

Cloud Computing

Commerce

Crypto

initiative

EVs

Fintech

Fundraising

Gadgets

back

Google

Government & Policy

Hardware

Instagram

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 .