Oura Health passes $20 million in funding
World’s leading sleep improvement platform, Oura Health, has received 4,5 million in funding, which enables company’s further development. Oura Health is now shipping in over 100 countries.
The company announced that it had passed $20 million in funding. Its last investment round was led by MSD Capital and joined by the co-founders of YouTube, Twitch, Sunrise, Skype, Box.com, Casper, Soylent, Oak, Jump and Freefly.
Also leading athletes including Apolo Anton Ohno, Shaquille O’Neal, Manu Ginobili and Lance Armstrong as well as actors, such as Will Smith have invested in Oura.
“We are thrilled to have such a talented group of builders, champions, and creators join us as investors,” said Harpreet Rai, CEO of Oura Health. “It’s amazing to see how such a diverse group of investors all recognize the universal importance of sleep.”
“I believe Oura has identified a challenge that faces us all, namely getting enough high-quality sleep. Oura’s design and technology show tremendous craftsmanship, and now more consumers around the world will be able to get their own Oura ring,” commented Michael Dell, MSD Capital.
Oura is the market’s leading sleep improvement platform, providing:
- The most precise sleep performance technology, tracking holistic sleep habits through 2 infrared LEDs that measure blood volume pulse directly from the finger’s palmar arteries (the most accurate source for heart rate and heart rate variability tracking); a 3D accelerometer and gyroscope that detect the direction and intensity of your body movement; and 3 NTC temperature sensors that track temperature variation.
- Actionable daily insights through its mobile app that received a Red Dot Award for Product Design Excellence this year. Oura Cloud also enables leading medical researchers and professional athletes to customize their own analysis and sleep optimization.
CEO of Oura Health
Joanna Seppänen, Health & Life Science, OuluHealth