Oura to buy AI care startup Counsel Health for $625M
Wearable ringmaker Oura is buying AI primary care startup Counsel Health. Oura is paying $625 million in cash for Counsel, which offers medical AI services as well as virtual visits with doctors. The idea is ...
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.
This story
This is one outlet's version. Read the fullest account.
- Oura agrees to acquire AI and on-demand doctor service Counsel Health for $625M, says Q4 revenue grew 153% YoY to $533M and FY 2026 revenue grew 92% to $1.75B (Mark Gurman/Bloomberg) bloomberg.com
- STAT+: Oura to acquire Counsel Health for $625 million, placing a big bet on AI care statnews.com
- Oura is buying a clinical AI and on-demand doctor startup for $625 million qz.com