Oura reportedly targets September IPO at over $16 billion valuation
Smart ring maker Oura is said to be planning a U.S. IPO as soon as next month, aiming to raise up to $3 billion at a valuation exceeding $16 billion, according to Bloomberg. That figure would nearly double the $10.9 billion valuation the company received in its September Series E round, with existing investors expected to sell a significant portion of shares in the offering.