Oura files to go public

Smart ring maker Oura has confidentially submitted its IPO filing with the SEC, preparing for a public debut. Founded in 2015, Oura has become a leading wearable health tracker, distinguishing itself with a ring design that monitors activity, sleep, and readiness. The company has sold over 5.5 million rings and recently raised $875 million at an $11 billion valuation. Oura is also integrating a proprietary AI model focused on women's health to better serve its customer base.