Healthcare technology company ŌURA announced a Fidelity Management & Research Company-led raise valued at over $900 million to advance its wearable health monitoring solution, the ŌURA Ring. The company is valued at roughly $11 billion following the raise and will continue its work shifting healthcare from sick care to prevention.
ŌURA’s solution combines personalized health data, insights and daily guidance to support members across areas like sleep, activity, stress, readiness, women’s health and heart health. The company has sold over 5.5 million ŌURA Rings since its 2015 launch, and it’s on track to surpass $1 billion in annual sales in 2025.
The new capital enables ŌURA to fuel company growth and development. It will invest in accelerating AI and product innovation, expanding global distribution and developing new health features as it works to spark a global movement toward proactive health.
