Get All Access for $5/mo

Ōura, the smart ring, has already sold a million pieces The product seeks to improve the health of users and pays special attention to the hours of sleep.

This article was translated from our Spanish edition.

Oura

One ring to rule them all.

That could be the slogan of Ōura , a startup dedicated to the manufacture of smart rings that has managed to sell a million pieces since 2013, the year in which it began operating. Founded by Petteri Lahtela , Kari Kivelä and Markku Koskela in the city of Oula in Finland, Oura Health Ltd. develops technology that improves people's health by taking care of a fundamental and frequently forgotten aspect: sleep.

Its flagship product is a smart ring that serves as a health monitor by analyzing the user's physical activity, signs indicative of stress (such as body temperature and heart rate) and everything that happens in your body during the different stages of sleep. (deep sleep, rapid eye movement [REM] sleep, and light sleep). The device outputs data in real time and analyzes it to provide the user with advice that will help them feel better and lead a healthier life. Among the suggestions that Ōura usually give users are to include rest periods in their routine, increase or decrease their physical activity or find a way to sleep more. All the information collected can be seen through an application loaded with content that helps the user to follow the recommendations: meditation sessions, physical activations and sound environments to relax or fall into a deep sleep.

AN ALTERNATIVE TO THE SMARTWATCH

With its minimalist design in various shades, Ōura offers an alternative in a world saturated with smart watches. Comfortable and unobtrusive, the ring has captivated wearers and the company has struck deals with major sports leagues like NASCAR and the WBDA. In fact, the NBA used the ring as a tool to monitor the health of basketball players and team personnel during the 2020 season, which was played in a bubble installed in Florida.

Although it is not the only smart ring on the market (there are other options such as Keydex NFC, Oumji, Opn and Go2Sleep), it has managed to grow its share thanks to the acceptance of the product and the positive comments of those who are already using it.

In a world plagued by disease, a device that helps you monitor and record any changes in your vital signs is and will be appreciated. So it is very possible that this million is only the first...

Eduardo Scheffler Zawadzki

Entrepreneur Staff

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

At Age 15, He Used Facebook Marketplace to Start a Side Hustle — Then It Became Something Much Bigger: 'Raised Over $1.6 Million'

Dylan Zajac, now a 21-year-old senior at Babson College, wanted to bridge the digital divide.

Productivity

6 Habits That Help Successful People Maximize Their Time

There aren't enough hours in the day, but these tips will make them feel slightly more productive.

Franchise

McDonald's Announces the Return of the Snack Wrap in 2025 — Here's What to Expect From Its Comeback

The decision comes after years of persistent customer demand for the portable snack, which debuted nearly two decades ago.

Business News

OpenAI Just Released Its Text-to-Video Generator, Sora. Here's How the New AI Could Impact Small Businesses and Creators.

Sora has a variety of use cases for businesses, from social media campaigns to video creation.

Side Hustle

'I Just Hustled': She Earned More Than $300,000 Wrapping Gifts Last Year — and It All Started With a Side Hustle

When Michelle Hensley lost her husband to cancer, she needed to figure out how to earn an income for her family.

Innovation

These Entrepreneurs Created a League That Turns Gamers Into Pro Race Car Drivers: 'We're Giving Drivers a Sustainable Career Path'

Racing Prodigy's innovative E2Real sports league is lowering the high-cost barrier to entry for drivers to take their passion to the track.