Oura Partners with Dexcom to Bring Glucose Monitoring Data to Oura Smart Ring Owners

Oura announced a strategic partnership with continuous glucose monitoring system manufacturer Dexcom. The Finnish wearables maker’s smart rings are not equipped with blood glucose monitoring biosensors, but its app will soon be able to display relevant data from Dexcom, as part of the deal. For example, an Oura Ring user will be able to gain better insight into their overall health metrics by combining Dexcom glucose data with other health-related information collected by the smart ring.

Dexcom said its partnership with Oura will leverage its glucose data coupled with vital signs, sleep, stress, heart health and activity data provided by the latter to help people improve their metabolic health. Data will be shared between the two companies’ products, including Dexcom glucose biosensors, Dexcom apps, Oura Ring and the Oura app. It will allow users to track their glucose levels, make informed decisions and adjust their behaviors to positively impact their metabolic health.

“Working together, ŌURA and Dexcom will help members decide what and when to eat by showing correlations between activities like sleep and exercise and members’ glucose levels,” said Tom Hale, CEO of Oura , in a prepared statement.

The two companies will also market and sell each other’s products. Following the partnership announcement, the first application integration will be rolled out in the first half of 2025. The move will combine medical-grade technology and advanced software, according to the companies.

Apart from leveraging its technological capabilities, Dexcom also claims to be making a strategic investment of $75 million in Oura’s Series D funding round, taking its valuation to over $5 billion (approximately Rs. 42,000 crore).

This development comes a few months after Oura announced that it had sold 2.5 million smart rings. The company plans to double its annual revenue in 2024 to around $500 million (around Rs. 4,219 crore).