Oura

History

2024: Purchase of medical tech company Vera

In September 2024, Oura acquired in the startup field of metabolic. health care Veri More. here

2021: Raising $100 million in investments

In early May 2021, the manufacturer of titanium rings measuring body temperature and heart rate raised $100 million. Thanks to this round of funding, Oura raised a total of $148.3 million. The new investors were Temasek JAZZ Venture Partners and, Eisai they were also joined by investors Forerunner Ventures, Square MSD Capital, Marc Benioff Lifeline Ventures, Metaplanet Holdings and Next Ventures.

Oura is actively promoting research in the field health care thanks to, UCSF which has published an expert assessment of the effectiveness of the Oura ring, which measures body temperature. The feature, in particular, has caught NBA UFC the attention of sports leagues, the WNBA, and NASCAR, as sharp temperature spikes may indicate more serious but invisible problems from the outside, including an early stage. COVID-19 The company has already sold over 500,000 rings.

Manufacturer of titanium rings that measure body temperature and heart rate raised $100 million

The wearable industry is moving from activity trackers to health maintenance and assessment platforms that can improve people's quality of life, said Oura CEO Harpreet Singh Rai in a press release. - First of all, Oura are interested in sleep disorders because lack of sleep is associated with various health problems, including the risk of developing diabetes mellitus, heart disease, Alzheimer's disease, cancer and many other disorders.

The company says the funds raised will be used in research work to develop hardware and software, as well as hire staff to the marketing and customer service department. Thanks to the new round of funding, several key employees will also be hired, including the head of the scientific department Shyamal Patel, the head of the production site Tommy Heinonen (Tommi Heinonen) and the financial director Daniel Welch (Daniel Welch).^[1]

Notes