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Conversation: Smart ring maker Oura raises $900M from Fidelity Crunch

A: Hey there! Got any interesting news today?

B: Hmm, not really, what's up?

A: Oh! So I heard Oura, the Finnish health tech company just got a huge funding of $900 million.

B: No way! That sounds big! What's going to happen with that money?

A: Well, it looks like they plan to use it for AI and production innovation, introducing new health features, and expanding globally.

B: That's amazing! They've been growing really fast lately, haven't they?

A: Yeah, they've sold over 5.5 million smart rings since launch, with the past year being particularly fruitful. They made $500 million in revenue last year and expect to cross $1 billion this year!

B: Wow, that's impressive. I wonder what their next big thing will be.

A: Seems like they're venturing into health tests now. This month, they launched a blood test feature in their app for $99 at Quest Diagnostics labs across the U.S.

B: That's cool! But it seems like there are other companies doing similar things too, right?

A: Yup, Whoop and some ring makers are also offering similar features. It should be interesting to see how it all pans out!
Summary
Oura, a Finnish health tech company, received $900 million in funding. The funds will be used for AI and production innovation, introducing new health features, global expansion, and potentially venturing into health tests. Since its launch, the company has sold over 5.5 million smart rings and
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ID: c8b37ee8-4098-4c96-9d63-5988b902cbb5

Category ID: conversation_summary

URL: https://techcrunch.com/2025/10/14/smart-ring-maker-oura-raises-900m-from-fidelity/#conversation

Date: Oct. 14, 2025

Notes: 2025-10-14

Created: 2025/10/14 20:20

Updated: 2025/12/08 00:25

Last Read: 2025/10/14 21:12