Funding round
Oura Series E
Oura, which works in wearable health device manufacturing in Oulu, raised $875M in a Series E round announced on 22 Sep 2025, at a $11.00B post-money valuation. It is Oura's seventh venture round on record; the one before was a Series D in Dec 2024.
$875M
Amount raised
$11.00B
Post-money valuation
$10.13B pre-money
2.1x
Step-up from the Series D
$5.20B in Dec 2024
8.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Oura at $11.00B after the new money, 2.1 times the $5.20B of its Series D (Dec 2024). The $875M bought investors about 8.0% of the company. It came 9 months after Oura's Series D. It is 72% of the $1.21B Oura has raised in the venture rounds on record. No later venture round is on record for Oura.
Oura's funding rounds
Oura has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Seed 1 Jan 2013 $2.3M
- Seed 11 Nov 2015, led by Lifeline Ventures $2.3M
- Series A 30 Nov 2016 $5.3M
- Series B 17 Mar 2020 $28M
- Series C 4 May 2021, led by The Chernin Group and Elysian Park $100M
- Series D 19 Dec 2024, led by Fidelity Management & Research Company and Dexcom $200M$5.20B post-money
- Debt not a venture round 22 Sep 2025 $250M
- Series E this round 22 Sep 2025 $875M$11.00B post-money
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
9 Series E rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $69M, and this round was 13 times the median. The closest in time, other companies' Series E rounds in Medical Supply Manufacturers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Neuralink Medical Supply Manufacturers | 2 Jun 2025 | $650M | $9.60B | DFJ Growth |
| Medical Supply Manufacturers | 26 Mar 2025 | $120M | not disclosed | Novo Holdings and Qatar Investment Authority |
| Medical Supply Manufacturers | 20 Mar 2025 | $53M | not disclosed | Ally Bridge Group |
| Medical Supply Manufacturers | 12 Mar 2026 | $28M | not disclosed | InnovaHealth Partners and Birchview Capital, LP |
| Medical Supply Manufacturers | 1 Feb 2025 | $69M | not disclosed | Social Security Fund Zhongguancun Independent Innovation Fund |
| Medical Supply Manufacturers | 9 Jun 2026 | $100M | not disclosed | Viking Global |
| Medical Supply Manufacturers | 20 Dec 2024 | $28M | $390M | not named |
| Medical Supply Manufacturers | 8 Nov 2024 | $78M | not disclosed | Qingdao Baheal Medical Inc. |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Oura raise in its Series E round?
Oura raised $875M in its Series E round, announced in Sep 2025.
What was Oura's valuation at the Series E round?
$11.00B post-money ($10.13B pre-money).
How does it compare with other Series E rounds in Medical Supply Manufacturers?
9 Series E rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $69M, and this round was 13 times the median.