conv.

All stories
BusinessFading · day 5

Oura Files for US IPO Seeking Up to $2.2 Billion

The Finnish smart-ring maker targets a $14.1 billion valuation, with Eli Lilly and Dragoneer signaling investor interest.

newest coverage 21h agosummary written 5d ago43 pieces28 likes & upvotes12 comments NewswiresMastodonHacker NewsGoogle NewsBluesky

What to know

  • Oura is marketing 50 million shares at $40-$44 each, implying a valuation of up to $14.1 billion, versus an $11 billion valuation in its 2025 Series E round.
  • Eli Lilly (up to $100 million) and Dragoneer (up to $300 million) have indicated interest in buying shares in the offering.
  • Nine-month losses widened to $924.3 million on $1.21 billion revenue, up from a $182.8 million loss on $697.6 million revenue a year earlier.
  • The listing, underwritten by Goldman Sachs, Morgan Stanley, J.P. Morgan, Allen & Co. and Jefferies, will trade on Nasdaq as "OURA" amid a tentative fall IPO market.

Oura Inc. Smart ring maker filing for IPOEli LillyEli Lilly Prospective anchor investorDragoneer Investment firm, prospective anchor investorGoldman Sachs, Morgan Stanley, J.P. Morgan Lead underwriters

Oura Files for US IPO Seeking Up to $2.2 Billion
Yahoo Finance

How it unfolded 2 developments, newest first · click a bar or a number to jump articlesposts

Peak 19 pieces in two hours at Sep 21, 6 AM; 43 pieces over 5 days (38 articles · 5 posts) Sep 21, 6 AM — 19 pieces · 18 articles · 1 post — Newswires 18, Mastodon 1Sep 21, 8 AM — 8 pieces · 8 articles — Google News 5, Newswires 3Sep 21, 10 AM — quietSep 21, 12 PM — 6 pieces · 5 articles · 1 post — Newswires 4, Google News 1, Mastodon 1Sep 21, 2 PM — 2 pieces · 2 articles — Newswires 2Sep 21, 4 PM — quietSep 21, 6 PM — 1 piece · 1 article — Newswires 1Sep 21, 8 PM — quietSep 21, 10 PM — 2 pieces · 1 article · 1 post — Hacker News 1, Newswires 1Sep 22, 12 AM — quietSep 22, 2 AM — quietSep 22, 4 AM — quietSep 22, 6 AM — 1 piece · 1 post — Bluesky 1Sep 22, 8 AM — 1 piece · 1 article — Newswires 1Sep 22, 10 AM — quietSep 22, 12 PM — 1 piece · 1 article — Newswires 1Sep 22, 2 PM — quietSep 22, 4 PM — quietSep 22, 6 PM — quietSep 22, 8 PM — quietSep 22, 10 PM — quietSep 23, 12 AM — quietSep 23, 2 AM — quietSep 23, 4 AM — quietSep 23, 6 AM — quietSep 23, 8 AM — quietSep 23, 10 AM — quietSep 23, 12 PM — quietSep 23, 2 PM — quietSep 23, 4 PM — quietSep 23, 6 PM — quietSep 23, 8 PM — quietSep 23, 10 PM — quietSep 24, 12 AM — quietSep 24, 2 AM — quietSep 24, 4 AM — quietSep 24, 6 AM — quietSep 24, 8 AM — quietSep 24, 10 AM — quietSep 24, 12 PM — quietSep 24, 2 PM — quietSep 24, 4 PM — quietSep 24, 6 PM — quietSep 24, 8 PM — quietSep 24, 10 PM — quietYesterday, 12 AM — quietYesterday, 2 AM — quietYesterday, 4 AM — quietYesterday, 6 AM — quietYesterday, 8 AM — quietYesterday, 10 AM — quietYesterday, 12 PM — quietYesterday, 2 PM — 2 pieces · 1 article · 1 post — Hacker News 1, Newswires 1Yesterday, 4 PM — quietYesterday, 6 PM — quietYesterday, 8 PM — quietYesterday, 10 PM — quietToday, 12 AM — quietToday, 2 AM — quietToday, 4 AM — quietToday, 6 AM — quietToday, 8 AM — quietToday, 10 AM — quietToday, 12 PM — quiet 1–2
Sep 22Sep 23Sep 24yesterdaynow · 1:38 PM ET
  1. 2

    IPO seen as test for fall listing market

    Reuters frames the offering as part of the fall IPO window trying to regain momentum after a subdued start marked by market volatility, following blockbuster 2026 listings like SpaceX and SK Hynix.

    “as the fall listing window looks to kick back into action after a subdued start marked by market volatility…”
    — Reuters, wire report · source
    1. 10 outlets Smart ring maker Oura, shareholders look to raise up to $2.2 billion in US IPO

      first by Investing.com News, 5d ago · also Gulf News, The Information, Telecompaper, Dow Jones Newswires, Reuters, Yahoo Finance +3

      11 more headlines
    2. 7 outlets Health-Tracking Ring Maker Oura Launches $2.2 Billion IPO, Sets $40 to $44 Share Price

      first by International Business Times, 5d ago · also Axios, Yahoo Finance, Proactive, Forbes, TechRepublic, Investing.com News

      6 more headlines
    • sewimperfect.bsky.social

      Oura is going public, so they're going to start trying to suck more revenue out of subscribers.

      sewimperfect.bsky.socialBluesky4d ago3▲view on Bluesky ↗
  2. background

    Filing shows Eli Lilly, Dragoneer eyeing anchor stakes — Eli Lilly indicated interest in buying up to $100 million of shares in the offering, while investment firm Dragoneer indicated interest in up to $300 million, per the filing.

  3. 1

    Filing discloses widening losses despite revenue growth

    Oura reported a net loss attributable to stockholders of $924.3 million on revenue of $1.21 billion for the nine months ended June 30, versus a $182.8 million loss on $697.6 million revenue a year earlier; the loss figures include a deemed dividend to preferred holders.

  4. background

    Oura files to raise up to $2.2 billion in US IPO — Oura and some existing shareholders plan to sell 50 million shares priced between $40 and $44, which would value the company at up to $14.1 billion, according to its SEC filing.

Also covered reported alongside — the timeline has no entry for these yet

  1. 3 outlets Oura's $2.2B IPO is mostly a payday for three VCs

    first by PitchBook, 5d ago · also Yahoo Finance, TechCrunch

    2 more headlines
  2. 2 outlets Oura, shareholders look to raise $2.2 billion in public offering

    first by A Mile. A Minute, 5d ago · also Yahoo Finance

    1 more headline

and 2 smaller pieces