Oura Acquires Doublepoint — The $11 Billion Wearable AI Play

March 5, 2026

Oura, the Finnish health-technology company behind the world’s leading smart ring, has acquired Doublepoint, a Helsinki-based AI gesture-recognition specialist. The deal — the company’s fourth strategic acquisition — arrives five months after Oura closed a $900 million Series E round that valued the business at approximately $11 billion, and positions the company with the expanded intellectual property and engineering depth that institutional investors typically require ahead of a public listing.

In Numbers: Oura has now sold more than 5.5 million rings, is on track to reach $1 billion in annual revenue, and has raised more than $2.4 billion in total funding. the5krunner