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About Oura
Industries
Biotechnology
Healthcare
Company Size
501-1,000
Company Stage
Series D
Total Funding
$353.8M
Headquarters
Oulu, Finland
Founded
2013
Overview
Oura offers a smart ring that tracks health metrics like sleep patterns, heart rate variability, and physical activity. The ring uses advanced sensors to gather data, which is then analyzed and displayed in a mobile app, providing users with insights to improve their health and lifestyle. Oura differentiates itself from competitors by focusing on a direct-to-consumer model, selling its rings through its website and partnering with sports teams and health institutions for additional revenue. The goal of Oura is to help users optimize their health and well-being through data-driven insights, catering to athletes, health-conscious individuals, and those managing chronic conditions.
Simplify's Take
What believers are saying
- Partnership with Maven Clinic opens new market segments for women's health solutions.
- Acquisition of Proxy enhances security features, boosting consumer trust and technological capabilities.
- Integration with fitness platforms increases user retention and attracts holistic health enthusiasts.
What critics are saying
- Apple's Project Mulberry poses a competitive threat with advanced health tracking solutions.
- Integration of Proxy's digital ID technology may complicate product development and feature rollouts.
- Regulatory scrutiny on AI-driven glucose tracking could impact Oura's market expansion.
What makes Oura unique
- Oura's smart ring tracks over 20 biometrics, offering comprehensive health insights.
- The ring's AI-driven metabolic features, like Meals and Glucose, enhance personalized health management.
- Oura's partnerships with fitness platforms provide tailored training and recovery recommendations.
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Funding
Total Funding
$353.8M
Above
Industry Average
Funded Over
7 Rounds
Industry standards
Benefits
Competitive salary & equity packages
Health, dental, financial, & vision insurance
Wellness & mental health benefits
$300 per month health improvement related stipend
Flexible working hours
An Oura Ring of your own
Employee discount for friends & family
20 days of PTO
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -1%Partnership combines Oura's real-time health insights with Maven's virtual care to deliver proactive, connected support and better outcomes from fertility to menopause
Oura acquired San Francisco-based digital ID startup Proxy.
Oura has rolled out activity updates for Gen3 and Ring 4 users, including a new trend view for active minutes so that they can get a better look at how active they are for the day, the week or even the whole month.
In addition to these upgrades, Oura has announced new partner integrations with CorePower Yoga, The Sculpt Society, Technogym, and Open, whose respective apps will "tailor training and recovery recommendations" based on a user's Oura Readiness Score and other biometric data captured by the smart ring, including sleep, stress, calories, and heart rate variability.
Oura announced on May 6 that its smart ring has added two new metabolic health features, Meals and Glucose.
Oura is Hiring for 40 Jobs on Simplify!
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About Oura
Industries
Biotechnology
Healthcare
Company Size
501-1,000
Company Stage
Series D
Total Funding
$353.8M
Headquarters
Oulu, Finland
Founded
2013
Oura is Hiring for 40 Jobs on Simplify!
Find jobs on Simplify and start your career today