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Home / Technology / The sleep tracking ring Oura is raising $ 20 million from Michael Dell, Lance Armstrong and others – TechCrunch

The sleep tracking ring Oura is raising $ 20 million from Michael Dell, Lance Armstrong and others – TechCrunch



Our Sleep, sleep and sleep improvement platform, Oura Health, has raised $ 20 million in a financing round sponsored by Steve Chen, co-founder of Twitch, Kevin Lin, founder of Sunrise, Dave Morin , JUMP founder Ryan Rzepecki and others. This round comes a few years after the Finnish company raised € 5m from MIT Media Lab director Joi Ito and others.

Oura is a smart ring that records your sleep habits and helps you sleep better. To do this, measure the blood volume pulse from the palms of your fingers, measure the direction and intensity of your body's movements using a 3D accelerometer and gyroscope to determine the direction, and measure your temperature using three NTC temperature sensors.

"I believe Oura has recognized a challenge for all of us, namely to get enough quality sleep," said Michael Dell of MSD Capital in a statement. " The design and technology of Oura show a tremendous craftsmanship, and now more consumers around the world will be able to get their own Oura ring."

The star-studded support group also includes Shaquille O & Neil, Lance Armstrong, and Will Smith.

"We are delighted to have such a talented group of builders, champions and creators as investors," said Harpreet Rai, CEO of Oura Health, in a statement. "It's amazing to see such a diverse group of investors recognize the universal meaning of sleep."

To know that sleep tracking and improvement is an area many startups and large companies have tried. You may remember Base Health, which was eventually sold to Intel. And then there's Fitbit, Smart Ring Motive and other wearables that track down your sleep.

We have not tried that yet, but we'll get back to you. Oura Health currently delivers in more than 1

00 countries and costs between $ 299 and $ 999 depending on the material selected. Motif now costs $ 199.


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