Oura Plans $625M Counsel Health Acquisition Deal

Buzzline

TechCrunch reports that smart ring maker Oura is acquiring AI-native primary care company Counsel Health for $625 million, weeks after postponing an IPO of up to $2.2 billion. Counsel combines a chat-based medical experience with licensed physicians, and Oura added its service to the app in June. Oura says revenue grew 153 percent to $533 million in the quarter ended September 30, and reached about $1.75 billion for the fiscal year, up 92 percent. The deal is expected to close before the end of 2027. The video covers the price, growth figures and Oura's plans.   Disclosure: This video contains stock footage and content created or enhanced using AI-assisted tools.

Transcript

00:00Smart ringmaker Ura is buying an AI health startup for $625 million.

00:05The company is Council Health, which combines a chat-based medical experience with licensed physicians.

00:11Its service was added to the Ura app in June.

00:14The deal comes weeks after Ura postponed an IPO of up to $2.2 billion, citing uncertainty in the market.

00:21Ura says revenue grew 153% to $533 million in the quarter, ended September 30th.

00:27It expects about $175 billion for the fiscal year, up 92%.

00:32Ura was valued at $11 billion after a $900 million round in October 2025.

00:38Rivals such as RingCon and UltraHuman are trying to catch up.

00:42Council's chief executive will become Ura's chief clinical AI officer.

00:46The companies plan to expand into preventive, acute, and chronic care.

00:51The deal is expected to close before the end of 2027.

00:54Disclosure. This video contains stock footage and content created or enhanced using AI-assisted tools.

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