In a recent interview with The New York Times, Oura Health CEO Tom Hale didn’t discuss reports that the company is raising new funding that would value the health-tracking ring maker at nearly $11 billion, but he did talk about whether he has ambitions to take Oura public.
“We’ve certainly hit the thresholds of size, trajectory, scale and growth,” Hale said. “We could go public. Is that in our plans? It’s certainly an option. And when the moment is right, we’ll let everyone know.”
Oura recently announced that it expects to generate $1 billion in revenue this year, doubling its revenue from 2024.
Hale was also asked about his own sleep habits (7.5 hours each night), as well as Oura’s participation in data-sharing programs initiated by the Trump administration. On the latter subject, Hale said the company is trying to help customers share their data when it’s useful.
“It’s not, ‘Oh, I’m now sharing my data with the Trump administration.’ Like, no,” he said. He added that “the privacy and security of your data is nonnegotiable,” especially when “it could be used in any way against you.”
Oura CEO talks potential IPO and ‘nonnegotiable’ data privacy
