US Pharma MarketingHealth-tracking ring maker Oura announced that it has confidentially filed for an IPO with the U.S. Securities and Exchange Commission seven months after securing a $900 million investment that boosted its valuation to around $11 billion.
Oura confidentially files for IPO as revenue growth soars
The company recently reported more than four times growth in total revenue over the past two fiscal years while investing its gross profit back into its business. Health-tracking ring maker Oura announced that it has confidentially filed for an IPO with the U.S. Securities and Exchange Commission seven months after securing a $900 million investment that boosted its valuation to around $11 billion. The company, founded in Finland in 2013, submitted a draft registration statement on Form S-1 for SEC review and said in a statement that the number of shares to be offered and the price range for the…
Source: MobiHealthNews