Harpreet Singh Rai, ŌURA, on Owning Your Health
In this episode, we meet Harpreet Singh Rai, CEO of ŌURA. ŌURA is the company behind the Oura Ring — a wearable health platform that delivers daily, personalized sleep, and overall health insights. With precise data and personalized guidance, ŌURA helps people better understand their health and live healthier, more fulfilled lives. To-date, ŌURA has sold 500,000 rings across 100+ countries.
ŌURA has raised $148M in total funding to-date, recently closing a $100M Series C financing round led by The Chernin Group and Elysian Park; health investors Temasek, JAZZ Venture Partners, and Eisai Co., Ltd.; growth investors Bedford Ridge and One Capital from Japan. Existing investors who participated in the round include Forerunner Ventures, Square, MSD Capital, Marc Benioff, Lifeline Ventures, Metaplanet Holdings, and Next Ventures. In 2021, Fast Company listed ŌURA as the #5 (out of 10) Most Innovative Wellness Companies of 2021.
Prior to joining ŌURA, Harpreet worked as a portfolio manager at Eminence Capital for 9 years and began his career in investment banking at Morgan Stanley. Harpreet majored in MEMS, Micro Electronic Mechanical Systems (sensor design) at the University of Michigan.
In this episode, Harpreet and I chat about:
- How Harpeet’s personal motivations and passion for technology and health led him to joining ŌURA and what it means to “own your health”
- Broader trends and landscape of the wearables industry — and how ŌURA’s focus on clinical validation and accuracy is different from other wearable companies
- How ŌURA has partnered with numerous sports leagues, including the NBA, WNBA, UFC, and NASCAR to optimize performance and monitor a user’s wellness
- What is required for wearables to reach their full potential: from consumer education to buy-in from healthcare stakeholders