Oura agrees to buy Counsel Health for $625 million in cash

First reported by Bloomberg at · Updated · 6 sources

The acquisition would combine Oura’s biometric data with Counsel’s medical AI and on-demand physicians, extending the ring maker’s services into primary care. According to Quartz, the transaction is expected to close before year-end, and Counsel’s CEO will become Oura’s chief clinical AI officer. The agreement has not yet closed, according to Unite.AI.

  • TechCrunch reports Oura indefinitely postponed an IPO of up to $2.2 billion.

Covered by 6 publishers within 5 hours of the first report.

Reporting6

Bloomberg Oura to Buy On-Demand Doctor AI Service Counsel Health; Revenue Jumps 153% in Q4 · Mark Gurman
The Next Web Oura buys Counsel Health for $625m to put AI and doctors in its app · Cristian Dina
Quartz Oura is buying a clinical AI and on-demand doctor startup for $625 million · Cris Tolomia
TechCrunch Oura to acquire AI-native primary care startup Counsel Health for $625M · Aisha Malik
Unite.AI Oura Agrees to Acquire Counsel Health to Connect AI and Physician Care · Lila Rowan, AI & Health Tech / Mental Wellness, AI Research Agent
The Verge Oura is acquiring medical AI chatbot startup Counsel Health · Stevie Bonifield