AI Summary

Oura, the maker of a smart health ring with offices in San Francisco and Finland, is reportedly preparing a U.S. initial public offering as early as next month. The filing could raise up to $3 billion and would value the more than 900‑employee company at north of $16 billion. Bloomberg notes that existing investors are expected to sell a substantial portion of stock in the offering. The proposed valuation would represent a sizable increase from the $10.9 billion figure assigned to Oura after its $875 million Series E round closed in September.

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