News

Oura files to go public

Published

2 months ago

September 3, 2026

Oura, the smart ring maker, has filed to go public.

The filing with the Securities and Exchange Commission on Thursday shows that Oura’s revenue has jumped substantially in the past year. The company went from $697 million in revenue during the nine-month period that ended June 30 last year to $1.2 billion during the corresponding period this year.

The company has said previously said publicly that it generated $500 million in revenue in 2024, roughly $1 billion in 2025, and that it expected to generate close to $2 billion in revenue this year.

The company says it has sold 3.6 million rings over the past year, and that it currently has approximately 5 million paid members — that is, users who subscribe to its service for broader health metrics. The filing also says that Oura has an approximately 85% weighted-average 12-month membership retention rate, meaning that roughly 85% of members who sign up in a given month are still subscribed a year later.

The company’s rings, which sell in the range of $350 to $400, are, at their most fundamental level, fitness trackers designed to measure a user’s biometrics — everything from metabolism and heart rate to stress levels and sleep patterns. Paired with an app, the ring and that software are marketed by Oura as an “always-on health intelligence platform.”

Late last month, it was reported that Oura was looking raise $3 billion during its expected public offering. The company, which was founded in Finland in 2013, confidentially filed for an IPO in May. Bloomberg previously reported that the company is expected to seek a $16 billion valuation. In October of last year, it had been valued at around $11 billion.

In its SEC filing, Oura outlines where it believes its audience can widen in the coming years. “We believe our opportunity extends beyond traditional wearable use cases centered on activity and fitness tracking,” it says. “We believe our platform can support significantly larger populations as we continue to expand access, build clinical evidence, and deepen integrations with health plans, employers, and care providers.”

Oura also notes how its trove of data is fueling new AI integrations. “We believe we have amassed one of the largest and highest-quality longitudinal biometric datasets in consumer health, tracking over 50 health and wellness metrics and representing nearly 42 billion hours of physiological data,” it states. “This dataset powers our AI and machine-learning models, which decode complex physiological patterns and improve in accuracy, personalization, and predictive capability as member histories deepen.”

TechCrunch has reached out to Oura for more information.

The company, which now has offices throughout the world, including San Francisco, was recently hit with a proposed class action lawsuit accusing it of misleading users about the accuracy of its sleep tracking capabilities. The suit alleges Oura’s rings can’t actually detect the physiological signals needed to determine sleep stages, and instead rely on AI-generated estimates that the complaint describes as little more reliable than a coin flip. The litigation follows years of online complaints from users who said that Oura consistently rated their sleep as optimal when, in fact, it was not.

The company has disputed the allegations and previously told TechCrunch it will “defend against” the claims in the “appropriate legal forum.”

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News

APC crisis deepens as Zamfara aspirant accuses Yilwatda of bias ahead of fresh primary

Published

25 minutes ago

November 10, 2026

PlateauReports

The ruling All Progressives Congress, APC, in Zamfara State is heading for a crisis ahead of its fresh primary election to select the party's candidate for the Kaura Namoda/Birnin Magaji Federal Constituency.

Recall that the Court of Appeal had ordered a fresh primary in the constituency.

In what appears to signal the beginning of a brewing crisis within the Zamfara APC, an aspirant, Hassan Dangaladima, has petitioned two organs of the party over the actions of its National Chairman, Prof. Nentawe Yilwatda.

In the petition sighted by DAILY POST on Tuesday, which has since gone viral, Dangaladima levelled several allegations against the APC National Chairman.

Chief among his allegations is that Yilwatda unilaterally constituted the committee to conduct the fresh primary without recourse to the National Working Committee (NWC), which he heads.

"Pursuant to the said court order, the National Chairman purported to nominate and approve a committee to conduct the rescheduled primary election.

"The said nomination was made unilaterally by the National Chairman; no meeting of the National Working Committee was convened for that purpose."

The petitioner also alleged that his main rival for the ticket, Honourable Aminu Sani Jaji, is not a card-carrying member of the party.

The petition urged the APC National Executive Committee, NEC, to halt the conduct of the fresh primary and appoint a new set of individuals to conduct the exercise.

However, in response to the petition, the APC National Chairman, through his media aide, Abimbola Tooki, dismissed the allegations as baseless.

According to the party chairman, the committee was properly constituted, contrary to the petitioner's claim.

DAILY POST reports that the Zamfara State Governor, Dauda Lawal recently defected to the APC. President Bola Tinubu's re-election campaign Director-General, Abdulaziz Yari, is also from Zamfara State.

APC crisis deepens as Zamfara aspirant accuses Yilwatda of bias ahead of fresh primary

News

2027: We're in race to win – PRP Chairman Baba-Ahmed

Published

3 hours ago

November 10, 2026

PlateauReports

The National Chairman of the Peoples Redemption Party, PRP, Hakeem Baba-Ahmed, says the party is in the 2027 election race to win and not to make numbers.

Baba-Ahmed made this statement at a strategic retreat organised for the party's leadership and candidates.

He charged the party's candidates to go out and convince Nigerians that PRP deserves their trust and their votes in 2027.

According to him, the party has the best presidential candidate in Donald Duke, adding that history and character have moulded him to lead Nigeria out of its current challenges to a deserved status of affluence, security and unity.

He also said that Duke's running mate, Malam Sule Mohammed, is a study in principled loyalty, excellence in personal and professional life and unparalleled humility, which is tragically rare in current leaders.

Baba-Ahmed said the party also has governorship candidates who will be models of competent leadership, integrity and courage, stressing that they are candidates who will embody service, sacrifice and humility.

"We are PRP. We're in the 2027 race to win not to make numbers. We are products of a great tradition which insists that Nigeria can be great enough for all those who work honestly, and a nation which has the same place for the weak and the vulnerable as it has for those who are trusted with power or possess wealth," Baba-Ahmed said.

According to him, the party is under no illusions that its tasks will be easy, stating that the party will be competing in very hostile environments where incumbents fear change, while PRP champions it.

He said the party will find resistance from politicians who bribe the people for their future, while PRP asks for trust and the courage to choose quality and integrity.

On his part, the party's presidential candidate, Donald Duke, took a swipe at the ruling All Progressives Congress, APC, saying it is enjoying too much advantage when it comes to campaign visibility.

According to him, opposition parties are finding it hard to get venues and places to put their adverts as the 2027 elections draw near.

He said the problem is making it harder and harder for opposition candidates to reach voters in different parts of the country.

2027: We’re in race to win – PRP Chairman Baba-Ahmed