Oura

On 2026-09-29 Oura postponed indefinitely its Nasdaq IPO of up to $2.2B, marketed at $40-$44 a share, which would have valued the company at about $15B at the midpoint; the deal had been due to price that evening and was reported about four times oversubscribed. Oura cited 'uncertainty in the IPO market', while Bloomberg reported some investors pushed back on the valuation; Forerunner Ventures had planned to sell its 9.3% stake. No pricing occurred, so the listing and its liquidity for employees and holders are delayed, and the last private mark (about $11B in October 2025) remains the reference point.

Source: TechCrunch

Bloomberg reported on 25 September 2026 that Oura's IPO, raising as much as $2.2B at $40-$44 a share, has drawn orders for about four times the shares on offer. At the top of the range Oura would be valued at $14.1B, or about $15B fully diluted, with pricing set for 29 September and trading on Nasdaq as OURA. Strong book demand points to pricing at or above the range, a direct read-through for secondary marks.

Source: Bloomberg

Oura Inc. filed an amended S-1 on Sept 21, 2026 setting terms for its IPO: 50,000,000 shares at an indicated $40.00-$44.00, comprising 13,500,000 primary shares and 36,500,000 sold by existing holders, for up to about $2.2B and a fully diluted valuation of roughly $15.62B, listing on Nasdaq under 'OURA'. The filing names Eli Lilly and Dragoneer Investment Group as cornerstone investors indicating interest in up to $100.0M and $300.0M of the offering respectively, with Goldman Sachs, Morgan Stanley and J.P. Morgan leading; disclosed financials show $1.21B of revenue for the nine months to June 2026, up 74%, a $924.3M net loss and 5.0M paid members. The range marks Oura's private holdings to roughly $15.6B against its ~$11B October 2025 mark and is the last pricing step before trading.

Source: SEC EDGAR (Oura Inc. S-1/A)

Oura appointed four new directors, including veterans of Netflix and Robinhood, strengthening its board and governance as it moves closer to a public listing.

Source: Bloomberg.com

Oura is facing a class action lawsuit alleging that its AI-powered sleep tracking is inaccurate and misleads consumers about sleep quality measurement. Multiple outlets including CNET, Bloomberg Law, TechCrunch, USA Today, and PCMag covered the filing.

Source: CNET

Oura has appointed Sanjay Chandra as its first Chief Information Officer and Han Chiu as SVP of AI and Software Engineering, restructuring its tech leadership as the company prepares for a potential IPO.

Source: WSJ