Oura Health CEO Hints at Possible IPO Amidst $1 Billion Revenue Projection and Data Privacy Assurances

In a conversation with The New York Times, Oura Health CEO Tom Hale did not address rumors about the company securing fresh funding that would place its valuation close to $11 billion. However, he did touch upon potential plans for Oura to go public.

“We’ve undoubtedly reached significant milestones in terms of size, momentum, expansion, and revenue growth,” Hale stated. “The possibility of an initial public offering exists. Is it on our agenda? It’s a viable option. And when the time is ripe, we will make that known.”

Oura Health has projected an estimated $1 billion in earnings this year, marking a doubling of its 2024 revenue.

When questioned about his personal sleep habits (7.5 hours per night), as well as Oura’s involvement in data-sharing programs spearheaded by the Trump administration, Hale clarified that the company aims to facilitate data sharing when it benefits customers.

“It’s not a scenario where customers are suddenly transmitting their data to the Trump administration,” he emphasized. He further added that “the integrity and security of your data is inviolable,” particularly when it could potentially be utilized against an individual.