Oura has confidentially filed for an IPO with the SEC. The Finnish smart ring manufacturer aims to expand its market presence following a successful Series E raise of $875 million.

Oura, a Finnish health-tracking ring manufacturer, has announced its intention to go public with a confidential S-1 filing. The company previously raised $875 million in its Series E funding round, boosting its valuation to $11 billion. Recently, they also introduced a private AI model focused on women's health. This IPO move comes amid increasing competition in the wearable technology industry.