Oura is buying a clinical AI and on-demand doctor startup for $625 million
The all-cash deal is expected to close before year-end, and Counsel's CEO will become Oura's chief clinical AI officer
Oura Inc. has agreed to acquire Counsel Health Inc., a clinical artificial intelligence startup, for $625 million. Counsel Health produces a chatbot that allows users to discuss health concerns before being transferred to a clinician for telehealth diagnosis and treatment. Prior to this deal, Counsel Health had disclosed $36 million in funding.
The acquisition comes after Oura, a smart ring maker, delayed its plans to go public approximately one month ago due to market uncertainty. According to Techmeme, Oura reported that Q4 revenue grew 153% year-over-year to $533 million, while FY 2026 revenue grew 92% to $1.75 billion.
Brief written by urgent.news from Techmeme, STAT News — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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