Dexcom partners with, invests in, Ōura
By HME News Staff
Updated 12:07 PM CST, Thu November 21, 2024
SAN DIEGO & SAN FRANCISCO – Dexcom’s glucose data with be integrated with the Oura Ring’s vital sign, sleep, stress, heart health and activity data to provide users of both products with a more complete picture of overall health, the companies say. Dexcom is also making a $75 million strategic investment in Ōura’s Series D funding, putting the company’s valuation at more than $5 billion. “Dexcom offers the most accurate glucose biosensing systems on the market that help reveal the impact of daily lifestyle choices on glucose levels and enable our users to make informed decisions about their health and overall well-being,” said Matt Dolan, executive vice president of strategy and corporate development at Dexcom. “Partnering with Ōura gives us the opportunity to redefine the category again, integrating data from Dexcom glucose biosensors with the continuous insights and metrics measured by Oura Ring. This powerful combination will attract new shared customers who want to better understand the link between activity, sleep, nutrition and their glucose.” Dexcom and Ōura will launch integrations enabling data to flow between Dexcom and Ōura products, including Dexcom glucose biosensors, Dexcom apps, Ōura Ring and the Ōura App, so shared users can track their glucose levels and understand the impact of behaviors and biology on their metabolic health. The companies will also co-market and cross-sell each other’s products. “Ninety-seven percent of members have expressed interest in understanding how the food they eat impacts their health,” said Tom Hale, Ōura CEO. “This partnership with Dexcom will enable us to empower our members to make informed decisions and adjust behaviors to positively impact their biometrics and long-term health. Working together, Ōura and Dexcom will help members decide what and when to eat by surfacing correlations between activities like sleep and exercise and members’ glucose levels.” The first app integration resulting from the partnership is expected to be launched in the first half of 2025.
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Related: A few months ago, Veri, which makes a continuous glucose monitor, announced that it has joined ŌURA, which makes the Oura Ring.
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