OURA episode maker raises $ 875 million from the E series, by submitting the evaluation to 11 billion dollars, the report says

Ora Health OY, the Ora Health and Fitness episode, 875 million dollars in a new financing round of the E series estimated at about $ 10.9 billion, according to a new report from Bloomberg.

The tour, which is expected to be closed by the end of the month, will double the company’s evaluation of $ 5 billion from The D Round series was announced last December. The report indicates that the series E round is still exceeding $ 900 million.

OURA has sold 5.5 million episodes so far, a noticeable increase of 2.5 million reported in June 2024.

The company plans to use new financing to expand production, expand an international scope, and invest in product development.

Bloomberg notes that the recent growth of the company was driven by consumers, retail store sales and purchases made through health savings accounts and expansion in international markets.