Smart ring maker Ōura raised a $200M Series D from Fidelity and Dexcom at a $5.2B valuation and says sales doubled in 2024 to ~$500M with 2.5M+ total rings sold (Tim Bradshaw/Financial Times)

Tim Bradshaw / Financial Times:
Smart ring maker Ōura raised a $200M Series D from Fidelity and Dexcom at a $5.2B valuation and says sales doubled in 2024 to ~$500M with 2.5M+ total rings sold  —  Finnish company’s growing popularity has led to its sales more than doubling this year