Oura Files for IPO With $1.2B Revenue, While AI Mega-Rounds Signal New Unicorn Era

Oura, the Finnish smart ring maker, filed its S-1 with the SEC on Thursday, revealing explosive growth and a clear path to a public listing. The company reported $1.21 billion in revenue for the nine months ended June 30, 2026—a staggering 74% increase from $697.6 million a year earlier. With 5 million paid subscribers and an 85% retention rate, Oura is betting its $350–$400 rings and "always-on health intelligence" platform can justify a reported $16 billion valuation....