Oura FI
Health products & hardwareSmart ring for sleep and recovery; 5.5M+ rings sold. Series E of US$ 900M+ at US$ 11B.
CNBCOct 2025Confidence: A — primary source, public method, under 18 months old
Adjacent front
Health products & hardware
Wearables, sauna, devices and digital tools that monitor behaviour, support habits and integrate data — the measuring infrastructure of the other dimensions.
What we look for
- Devices and tools that produce data people and clinicians actually use
- Adherence: products that stay in use after month three
- Integration with clinical and coaching services rather than standalone gadgets
- Emerging form factors (rings, glasses, home devices) where the market is not yet priced
What stays out
- Premium smartwatches — the window for an emerging fund has closed
- Supplements without a regulatory and evidence path
- Hardware without a data or service layer
What we do not claim
We make claims about data and adherence, not clinical outcomes. A device measures; it does not treat.
Market signals
Market signals, not portfolio. Public examples of capital and demand in our verticals, each with source and date. None is a portfolio company, target or partner.
Ultrahuman IN
Health products & hardwareSmart ring with integrated glucose monitoring; ~US$ 140M ARR. US$ 70M round backed by Qualcomm Ventures and Labcorp.
TechCrunchSep 2026Confidence: A — primary source, public method, under 18 months old
Other fronts