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Oura

ACTIVE
StartupHardware vendor
ŌuraOura HealthOura Ring

Finnish digital-health company, maker of the Oura Ring smart ring for sleep, activity and health tracking.

Founded2013Finland
HQOuluFinland
Total funding$1202300B4
ValuationUS$11 billion🦄Post Series E
01 · About

Oura

Founded 2013 · Oulu, Finland

Oura (Oura Health Oy) is a Finnish digital-health and consumer-electronics company founded in 2013 in Oulu by Petteri Lahtela, Kari Kivelä and Markku Koskela — former engineers associated with Nokia and Polar. Its flagship product is the Oura Ring, a smart ring tracking sleep, physical activity, heart rate, heart-rate variability, temperature and respiration; the data is analyzed in the Oura app and surfaced as Sleep, Activity and Readiness scores. Some features sit behind the paid Oura Membership subscription, and the AI-based Oura Advisor provides personalized health guidance. The company runs twin headquarters in Oulu and San Francisco, with additional offices including Helsinki, London, Los Angeles and San Diego. In 2026 it redomiciled to the United States as Oura Inc. (a holding company over Finland's Oura Health Oy), retaining significant engineering presence in Oulu. Tom Hale has been CEO since April 2022. Oura is regarded as Finland's most valuable startup; after its Series E round (2025) its valuation reached approximately US$11 billion.

  • Petteri Lahtela

    Co-founder

    One of the three co-founders of Oura Health (2013); formerly an engineer with Nokia and Polar.

  • Kari Kivelä

    Co-founder

    Co-founder of Oura Health (2013); formerly an engineer with Nokia and Polar.

  • Markku Koskela

    Co-founder

    Co-founder of Oura Health (2013); formerly an engineer with Nokia and Polar.

02 · What they do

Domain of activity

2 areas · 2 technologies · 1 industries
What they do2Areas
  • AI hardware
  • Data analytics
How they do it2Technologies
  • Generative AI
  • Agentic AI
Who for1Industries
  • Healthcare
03 · Geography

Global presence

HQ Oulu · 5 offices · 3 regions
GlobalNorth AmericaEurope
04 · Metrics

Scale & funding

founded 2013 · Series E
2013founded
approx. 1,200 (2026)employees
$1.2Btotal funding
Series Elatest round
maturedevelopment stage
Privatenot listed
activestatus
$1.2B
total funding
SeedLifeline Ventures
US$2.3 million
Series CThe Chernin Group, Temasek, EisaiMay 2021
US$100 million
Growth roundFidelity Management, DexcomDecember 2024; valuation approx. US$5.2 billion.
US$200 million
Series EOctober 2025; largest round ever for a Finnish company; valuation approx. US$11 billion.
US$900 million
07 · Classification

Profile & metadata

4 classification · 6 external links

Classification

  • Statusactive
  • Development stagemature
  • Listed onNoprivate
  • Organization typeStartup+ Hardware vendor