💍 Oura is officially heading for the Nasdaq — and it's a big one 📈
The smart ring maker is seeking up to $2.2B in its US IPO, pricing shares between $40–$44 each 💰
At the top of that range, Oura's market value would hit $14.1B, up from ~$11B just last year 🚀
The numbers behind the buzz: 📍 3.6 million rings sold in the past year 📍 5M+ paid Membership subscribers 📍 Revenue nearly doubled to $1.21B (9 months) 📍 But net losses also grew, to $924.3M in the same period
Oura's rings have become a go-to alternative to smartwatches, tracking sleep, heart health and activity without daily charging ⌚➡️💍
The IPO joins a blockbuster year for tech listings, following SpaceX's record $86.2B debut and SK Hynix's $26.5B raise 🌍
Would you trust a wearable company's growth story even with losses this big? 🤔
#PenelopeHealth, a real-time provider and payer policy intelligence platform out of #London, announced a funding commitment of €87 million, as well as a partnership with #HealthTech infrastructure platform #Thoreau 🇬🇧 🏥
Health Force, a Barcelona-based #HealthTech#startup building enterprise-grade #AI agents for #hospital operations, has raised €4.2 million in Seed funding. 🇪🇸 🏥🤖
Tandem Health, a Stockholm-based #HealthTech#startup building a complete #AI#medical#assistant for European clinics, has raised €86.49 million in Series B funding. 🇸🇪 🩺 🤖
