Oura CEO on IPO Plans and Data Privacy

Oura Health's Potential IPO and Revenue Growth

During a recent conversation with The New York Times, Oura Health’s CEO, Tom Hale, refrained from commenting on speculation regarding a new funding round potentially valuing the company at close to $11 billion.

However, Hale did address the possibility of an initial public offering (IPO) for Oura.

Consideration of Going Public

“We have undoubtedly reached the necessary benchmarks in terms of size, growth rate, scale, and overall progression,” Hale stated. “An IPO is within our capabilities.”

He further clarified that while a public offering is being considered, it isn't currently a firm commitment. “Is it part of our current strategy? It remains an available avenue, and we will announce any decisions when the timing is appropriate.”

Significant Revenue Projections

Oura Health recently revealed projections of achieving $1 billion in revenue for the current year.

This represents a substantial increase, effectively doubling the revenue generated in 2024.

Data Privacy and Government Collaboration

The interview also touched upon Hale’s personal sleep schedule – consistently 7.5 hours nightly – and Oura’s involvement in data-sharing initiatives launched during the Trump administration.

Regarding the latter, Hale emphasized the company’s focus on facilitating data sharing only when it benefits users.

“The narrative isn’t, ‘I am now sharing my data with the Trump administration.’ That is not the case,” he explained.

Prioritizing User Data Security

Hale underscored that data privacy and security are paramount. “The protection of your data is absolutely essential,” he affirmed, particularly given the potential for misuse.

He stressed that the company will not compromise on these principles, especially where it could negatively impact individuals.