📝 Oura Ring valued at $5B

Liam Gill
November 20, 2024

News of the Day

Oura, the smart ring maker valued at over $5 billion, has secured a $75 million investment from Dexcom, a leader in glucose monitoring devices, during its Series D funding round. The partnership aims to integrate Oura’s biometric insights with Dexcom’s glucose monitoring, enabling users to better understand how factors like diet, sleep, and activity impact their health. The collaboration will launch its first app integration in early 2025 and includes co-marketing efforts. This move positions both companies against tech giants like Apple, which is reportedly exploring noninvasive glucose monitoring technology for future products.

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Founders: For 1 week, keep a notebook by your desk with two columns:
-things I love
-things I don't like
When you feel really happy/excited about something, jot it in the first column. When you feel dread or frustration, second column. Regardless of how small or big it is.
— Gale Wilkinson @VITALIZE (@galeforceVC)
4:04 PM • Nov 19, 2024

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Onwards and Upwards,

Liam Gill