ŌURA, a Oulu, Finland-based maker of the good ring that delivers customized well being knowledge, insights, and every day steerage, raised capital at a $2.55 billion valuation.
The backers weren’t disclosed.
The brand new funding will speed up additional funding into strategic areas of the enterprise together with analysis and improvement, customized and guided content material, and product and science innovation.
Based in 2013, ŌURA is the corporate behind the Oura Ring — the good ring that delivers customized well being knowledge, insights, and every day steerage. The Ring, which isn’t a medical gadget and isn’t supposed to diagnose, deal with, treatment, monitor, or forestall medical circumstances/diseases, tracks all phases of sleep and restoration and accounts for every day exercise to offer sensible steps for long-term enchancment.
With the launch of the Gen3, ŌURA additionally launched a month-to-month membership expertise that enhances the depth of insights and personalization out there to every member. Membership unlocks the total suite of product options, detailed every day well being insights, customized suggestions, an increasing library of guided audio meditation classes, academic movies, and extra, all throughout the app.
The corporate, which has places of work in Helsinki, San Francisco, and San Diego is backed by Lifeline Ventures, Forerunner Ventures, Temasek, The Chernin Group, JAZZ Enterprise Companions, and MSD Capital, amongst others.