Oura

A smart ring that measures sleep, activity, heart rate and other biometric signals and reports them in a companion app. Revenue comes from ring sales, direct to consumers and through wholesale, and from app membership subscriptions.

Health & biotechSmart ring wearables and health membership subscriptionsSan Francisco, United States
FoundersSince 2013
Valuation
$11B
Total raised
$1.6B
Last round · Jul 2026
Strategic investment
Founded
2013
Employees
1,350
Quarters in VP50
3

Valuation

$100M$1B$10B2022202320242025$11B
Oura priced rounds
RoundDatePost-money valuationRaisedLed by
Series CMay 4, 2021$800M$100MElysian Park and The Chernin Group
Series DNov 19, 2024$5.2B$200MFidelity Management
Series EOct 14, 2025$11B$908MFidelity Management & Research Company
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: #39
  6. Q1 2025: #42
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: #47
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #39.

Funding rounds

DateRound · leadRaisedValuation
Jul 15, 2026Strategic investment · Eli Lilly and Company$50M—
Oct 14, 2025Series E · Fidelity Management & Research Company$908M$11B
May 15, 2025Credit facility · JPMorgan Chase Bank, N.A.$250M—
Nov 19, 2024Series D · Fidelity Management$200M$5.2B
Apr 6, 2022Series C extension——
May 4, 2021Series C · Elysian Park, The Chernin Group$100M$800M
Mar 17, 2020Series B · Forerunner Ventures$28M—
Dec 2018Series A extension · MSD Capital$5M—
Jul 12, 2018Series A extension · BOLD Capital Partners, Tesi$6M—
Nov 29, 2016Series A · David Shuman$5M—

Team

Oura | Venture Place