In a recent interview with The New York Times, Oura Health CEO Tom Hale did not discuss reports that the company is raising new funding, which would value the health-tracking ring maker at nearly eleven billion dollars. However, he did talk about whether he has ambitions to take Oura public. Hale stated that the company has certainly hit the thresholds of size, trajectory, scale, and growth. He confirmed that Oura could go public and that it is certainly an option. He added that when the moment is right, they will let everyone know.
Oura recently announced that it expects to generate one billion dollars in revenue this year, which would double its revenue from 2024.
Hale was also asked about his own sleep habits, noting he gets seven and a half hours of sleep each night. The discussion also covered Oura’s participation in data-sharing programs initiated by the Trump administration. On this subject, Hale said the company is trying to help customers share their data when it is useful. He clarified that the situation is not about sharing data directly with the Trump administration. Hale emphasized that the privacy and security of user data is nonnegotiable, especially when that data could be used in any way against an individual.