GoKawiilOura postpones up to $2.2B IPO, cites market uncertainty
Smart ring maker Oura has indefinitely delayed its planned initial public offering, which had been set to sell 55 million shares priced between $40 and $44, valuing the company near $15 billion. CEO Tom Hale said the delay reflects broader uncertainty in the IPO market, adding that the company can choose its timing. Oura reported 5.7 million paying members, up from 5 million in June, and expects 90% revenue growth in its 2026 fiscal year after posting $907.9 million in revenue.
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The delay pushes back liquidity for early backers like Forerunner Ventures, which had planned to sell its full 9.3% stake for roughly $1.2 billion, and stalls Oura's plans to use proceeds to cover employee tax obligations tied to vesting share grants. It also signals continued caution among high-growth private companies about entering public markets even when underlying business metrics appear strong, suggesting broader investor jitters could be shaping IPO timing decisions across the tech sector.
- Oura postponed its up to $2.2B IPO indefinitely, citing IPO market uncertainty.
- The company has 5.7 million paying members and expects 90% revenue growth in FY2026.
- Early investor Forerunner Ventures and employees seeking share liquidity must now wait longer.
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See Oura Ring 5 on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: techcrunch.com — Ram Iyer, 2026-09-29
Published there as: “Oura shelves its $2.2B IPO citing ‘uncertainty’ in the market”
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