Oura Health Files Confidentially for Initial Public Offering

Oura Health, the maker of the Oura smart ring, has confidentially filed paperwork with the Securities and Exchange Commission for a proposed initial public offering, the company said Thursday. Oura did not disclose the number of shares or price range for the offering.

The company plans to list later this year with Goldman Sachs, Morgan Stanley, JPMorgan Chase, Allen & Co. and Jefferies working on the deal.

Oura, founded in 2013 and headquartered between San Francisco and Oulu, Finland, helped invent the smart-ring category with its titanium-shelled device measuring heart-rate variability, body temperature, sleep stages and activity. The company has won a following among consumers who find smartwatches too bulky or too intrusive for round-the-clock wear.

Oura reached an $11 billion valuation last September after raising $875 million. 5 million rings to date.

Oura follows a slew of other tech companies, including SpaceX, Strava, Discord and Kraken, that have filed confidentially so far in 2026. SpaceX publicly filed its IPO paperwork on Wednesday, and OpenAI is expected to file confidentially as early as this week. S. and international sales and customer retention.