Oura Aims for $3B IPO at $16B Valuation

Oura Health is planning a US initial public offering that aims to raise up to $3 billion, a deal that would value the wearable maker at more than $16 billion, according to a Bloomberg report. The company has yet to finalize details, but the potential listing has already attracted attention.

Oura is known for its smart ring, a compact wearable that monitors sleep, activity, heart rate, and other biometric data. The product has become popular among athletes, biohackers, and everyday consumers interested in tracking their health and wellness, helping the company build a strong brand in the competitive wearables market.

The reported valuation suggests robust investor appetite for health-focused technology, even as broader market conditions remain uncertain. A successful IPO would provide Oura with fresh capital to expand its product lineup and accelerate growth, potentially intensifying competition with other wearable giants.

The company has not publicly commented on the reported plans. If the deal proceeds, it would represent one of the largest tech listings of the year, underscoring the continued flow of private companies going public. Investors will now watch for Oura's regulatory filings and other details in the coming weeks.