Oura (OURA) Files Confidentially for IPO Following $11 Billion Valuation

Oura has confidentially filed a draft IPO prospectus with the SEC, although it has not announced a specific timeline for the offering. The company, valued at $11 billion following a $900 million Series E funding round, is on track to exceed five million paid members this quarter, representing a fourfold increase over two years. Oura reported a fourfold increase in total revenue over the past two fiscal years and anticipates nearly $2 billion in sales for 2026. This marks a substantial growth trajectory alongside a revival in the IPO market, particularly within the AI sector.