Here’s how Oura will bring blood sugar monitoring to its smart rings

Oura has announced a strategic partnership with Dexcom, manufacturer of continuous glucose monitoring systems. The Finnish wearable device maker’s smart rings are not equipped with biosensors for monitoring blood sugar levels, but the app will soon be able to display relevant data from Dexcom as part of the deal. For example, an Oura Ring user can get a better overview of their overall health data by combining Dexcom’s glucose data with other health-related information collected by the smart ring.

Dexcom say The partnership with Oura will use its glucose data in combination with vital signs, sleep, stress, heart health and activity data provided by the latter to help people improve their metabolic health. The data will be shared between both companies’ products, including Dexcom glucose biosensors, Dexcom apps, Oura Ring and the Oura app. It allows users to track their glucose levels, make informed decisions and modify behaviors for a positive impact on their metabolic health.

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

Both companies will also market and cross-sell each other’s products. Following the announcement of the partnership, the first app integration will be rolled out in the first half of 2025. According to the companies, the move will combine medical technology and advanced software.

Besides leveraging their technology capabilities, Dexcom says it is also 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 expects to double its annual revenue to around $500 million (approximately Rs. 4,219 crore) by 2024.