Oura CEO talks potential IPO and ‘nonnegotiable’ data privacy

In a recent interview with The New York Times, Oura Health CEO Tom Hale declined to comment on reports that the company is raising new funding, which could value the health-tracking ring maker at nearly $11 billion. However, he did address questions about a potential Oura IPO.

“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.”

The Finnish wearable tech company recently revealed that it expects to generate $1 billion in revenue this year, effectively doubling its 2024 performance.

During the interview, Hale also discussed his personal sleep routine — averaging 7.5 hours per night — and touched on Oura’s involvement in data-sharing initiatives previously linked to the Trump administration.

Halemphasised that Oura’s focus is on empowering customers to share their health data when it benefits them, clarifying misconceptions about government data access.

“It’s not, ‘Oh, I’m now sharing my data with the Trump administration.’ Like, no,” he said.

He further underscored Oura’s firm stance on protecting user information:

“The privacy and security of your data is nonnegotiable,” Hale said, especially when “it could be used in any way against you.”