Tallinn, Harjumaa-based Siena Secondary Fund, an investment fund, announced on Wednesday, August 23, that it has made its first deal in Finland by acquiring a stake in Oura Ring, a sleep-tracking healthtech company.
Previously, Siena Secondary Fund acquired stakes in several well-known scale-ups such as Bolt, Testlio, Starship Technologies, Veriff, Kry, TransferGo, Printify, and Booksy.
Oura Ring: Pioneering health and wellness
Founded in 2013 by Kari Kivelä, Markku Koskela, and Petteri Lahtela, Oura Ring is a smart ring fitted with sensors to measure users’ sleep patterns, track their activity, and measure their body temperature.
The smart ring provides users with actionable insights to optimise their health and performance.