Oura to buy primary care company Counsel Health for more than $600 million

According to Business Wire, the goal is to integrate AI-powered Counsel Health into Oura’s app so users can receive care based on data collected by the ring.

Oura, which was valued at $11 billion late last year, postponed its planned IPO in late September due to market uncertainty surrounding IPOs.

The company’s rings measure heart health, physical activity and sleep patterns, among other things. Oura was founded in Finland but is now headquartered in San Francisco.