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 files confidential IPO after $900M investment boosted valuation to $11B
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