Oura, the Finnish-born smart ring company, has brought on its first-ever Chief Information Officer and a new Senior Vice President of AI, two hires that signal how seriously Oura is treating its technology infrastructure ahead of a highly anticipated public offering. Oura confidentially filed its draft IPO registration documents with the SEC on or about May 21, 2026, setting the stage for what could be one of the bigger health-tech listings of the year. Building the machine before going public The company closed a Series E funding round of roughly $900 million in late 2025, pushing its private valuation to $11 billion. Founded in Oulu, Finland, in 2013, Oura has now exceeded $1.5 billion in total fundraising, and the company anticipates annual revenue growth exceeding $1 billion in the near future. Michael DeLalio was brought on as vice president of investor relations in August 2026, another indicator that the IPO machinery is running at full speed. Oura has shipped more than 5 million rings to date, with multi-million-unit sales documented in recent periods. The installed base gives the company a recurring revenue stream from its subscription model layered on top of hardware sales...
Oura hires first CIO and SVP of AI ahead of IPO
1 day ago
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