The smart ring maker has confidentially filed its Form S-1 ahead of an IPO, and it plans to potentially go public this year, Bloomberg reports. Oura also said Wednesday that it’s “on pace” to pass five million paid subscribers this quarter. [Link: Oura, Maker of Popular Smart Rings, Files Confidentially for IPO | https://www.bloomberg.com/news/articles/2026-05-21/oura-maker-of-popular-smart-rings-files-confidentially-for-ipo?utm_id=97760_v0_s00_e0_tv4 | Bloomberg]

Oura is the latest household name to test public markets in what is shaping up to be the busiest year for tech IPOs since 2021.

Finnish smart-ring maker Oura has filed confidentially for a US IPO, less than a year after closing an $11bn Series E and crossing $1bn in sales.