{
  "id": 3121440,
  "title": "Sources: smart ring maker Oura and some of its backers seek to raise up to $3B in a US IPO that could take place as soon as September and value it at over $16B (Bloomberg)",
  "url": "https://urgent.news/2026/08/24/sources-smart-ring-maker-oura-and-some-of-its-backers-seek-to-raise",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T21:30:01.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.bloomberg.com/news/articles/2026-08-24/smart-ring-maker-oura-is-said-to-seek-up-to-3-billion-in-ipo"
  },
  "original_language": "en",
  "account": null,
  "summary": "Smart ring maker Oura and some of its backers are seeking to raise up to $3 billion in a US initial public offering. The listing could take place as early as September and value the company at over $16 billion, according to Bloomberg.\n\nExisting investors are expected to sell a significant portion of their stock in the offering. The terms of the IPO could still change. Oura achieved an $11 billion valuation following an $875 million Series E funding round last September.\n\nOura has filed confidentially for an IPO in May and is working with an underwriting syndicate that includes Goldman Sachs, Morgan Stanley, JPMorgan Chase, Allen & Co., and Jefferies Financial Group. The company offers a ring-based device that measures health, fitness, and sleep metrics, and has gained traction among users seeking an alternative to bulkier smartwatches.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Oura targets up to $3B in US IPO at a valuation exceeding $16B - Bloomberg",
        "url": "https://urgent.news/2026/08/24/oura-targets-up-to-3b-in-us-ipo-at-a-valuation-exceeding-16b-bloomberg",
        "published": "2026-08-24T21:34:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}