Oura Hits $5B+ Valuation, Partners with Dexcom
November 19, 2024
Medical device leader Dexcom has made a $75 million strategic investment in wearable ring maker Oura, pushing the wearable ring maker’s valuation to over $5 billion.
The two companies have also partnered to integrate Dexcom’s glucose data with vital signs, sleep, stress, heart health, and activity metrics from the Oura Ring, providing wearers with a more comprehensive view of their health. The sides say the data will flow between both Oura and Dexcom and their associated apps, with the first integration slated to launch in the first half of 2025. Athletech News