STAT+: Oura to acquire Counsel Health for $625 million, placing a big bet on AI care

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.