Oura CEO talks potential IPO and ‘nonnegotiable’ data privacy

TechCrunch
TechCrunch
3M ago
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Oura Health CEO Tom Hale hints at a potential IPO while emphasizing the importance of data privacy in a recent interview.
Oura CEO talks potential IPO and ‘nonnegotiable’ data privacy
A What happened
Oura Health CEO Tom Hale recently spoke with The New York Times about the company's future, including the possibility of going public. While he did not confirm any immediate plans for an IPO, he noted that Oura has reached significant thresholds in size and growth, making it a viable option. The company anticipates generating $1 billion in revenue this year, doubling its earnings from 2024. Hale also addressed concerns regarding data privacy, particularly in relation to data-sharing initiatives from the Trump administration, asserting that the privacy and security of user data is 'nonnegotiable.' He emphasized that data sharing should only occur when it is beneficial to customers.

Key insights

  • 1

    Potential IPO: Oura Health may consider going public in the future.

  • 2

    Revenue Growth: The company expects to double its revenue to $1 billion this year.

  • 3

    Data Privacy Commitment: Hale emphasizes the nonnegotiable nature of user data security.

Takeaways

Oura Health is poised for significant growth while prioritizing user data privacy.

Topics

Business & Markets Markets Startups/VC Innovation