Tom Hale, Chief Executive Officer of Oura Health, has hinted at the possibility of the health-tracking ring company going public, while maintaining that user data protection remains a core principle of the brand.

In a recent interview with The New York Times, Hale refrained from commenting on reports suggesting that Oura is in the process of securing new funding that could push its valuation to nearly $11 billion. However, he acknowledged that the company has reached a scale where an Initial Public Offering (IPO) is a viable consideration.

“We’ve certainly hit the thresholds of size, trajectory, scale and growth,” Hale stated. “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 wearable technology firm recently disclosed projections to generate $1 billion in revenue in 2025—double its 2024 figures, underscoring its rapid growth in the digital health space.

When asked about his personal lifestyle, Hale revealed he maintains a steady sleep routine of 7.5 hours nightly. The conversation also touched on Oura’s involvement in past federal data-sharing initiatives. On that issue, Hale stressed that customer trust is paramount.

“It’s not, ‘Oh, I’m now sharing my data with the Trump administration.’ Like, no,” he clarified. “The privacy and security of your data is nonnegotiable—especially when it could be used in any way against you.”

Oura’s firm stance on privacy aligns with growing public scrutiny of how tech companies handle personal health data, further highlighting its positioning in the competitive wellness technology market.

Source: Techcrunch