Health
Oura to Buy On-Demand Doctor AI Service Counsel Health; Revenue Jumps 153% in Q4
Key Points
Oura to Buy AI Doctor Startup for $625 Million; Posts 153% Sales Jump Takeaways by Bloomberg AI Oura Inc. agreed to acquire artificial intelligence and on-demand doctor service Counsel Health Inc. for $625 million, expanding its business following a scrapped attempt to go public. The maker of the popular Oura Ring also said Tuesday that revenue grew 153% in its fiscal fourth quarter, which ended Sept. 30. Total sales in the period were $533 million, while revenue across fiscal 2026 totaled...
Oura to Buy AI Doctor Startup for $625 Million; Posts 153% Sales Jump
Takeaways by Bloomberg AI
Oura Inc. agreed to acquire artificial intelligence and on-demand doctor service Counsel Health Inc. for $625 million, expanding its business following a scrapped attempt to go public.
The maker of the popular Oura Ring also said Tuesday that revenue grew 153% in its fiscal fourth quarter, which ended Sept. 30. Total sales in the period were $533 million, while revenue across fiscal 2026 totaled approximately $1.75 billion, the company said, representing 92% annual growth.