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Oura acquires Counsel Health for $625 million

2 reports2 sources2 days agoUpdated

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Oura has signed an agreement to acquire AI-native primary care company Counsel Health for $625 million in cash. The deal is expected to close within the year, subject to customary closing conditions. Counsel's platform uses clinical AI to orchestrate multiple specialized agents responsible for medical history collection, guideline retrieval, medical record review, and emergency identification, and can transfer to its full-time physicians during a conversation for diagnosis, prescribing, and referrals. Oura said that after the acquisition closes, Counsel will continue serving existing and new enterprise partners, with the goal of extending its AI-native care model to people beyond Oura members. Regarding the timing of the deal's completion, earlier reports said it was expected to close by the end of 2027, while later reports said it was expected to close within the year; the two accounts differ.

AI overview based on source reports · Updated 2 days ago

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Nov 12
  1. Hacker News AI
    Oura to acquire AI-native primary care startup Counsel Health for $625M

    Oura has entered a definitive agreement to acquire Counsel Health, an AI-native primary care company that combines medical AI with in-house physicians, for $625 million in cash, with the deal expected to close before the end of the calendar year. The acquisition aims to pair Oura's continuous biometric data with Counsel's platform and on-demand doctors inside the Oura App, spanning preventive, acute, and specialty and chronic care. The announcement follows Oura's record fiscal fourth quarter, with revenue up 153 percent year over year to $533 million for the quarter ended Sept. 30, 2026, and approximately $1.75 billion for fiscal year 2026.

Nov 11
  1. TechCrunch · AI
    Oura to acquire AI-native primary care startup Counsel Health for $625M

    Oura announced it will acquire AI-native primary care company Counsel Health for $625 million, expanding the partnership that integrated Counsel's chat-based medical AI and physician access into the Oura app in June. Counsel CEO Muthu Alagappan will join Oura as chief clinical AI officer with the company's 70 employees, and Counsel will continue serving enterprise partners. The deal is expected to close before the end of 2027, and Oura also reported quarterly revenue of $533 million, up 153% year-over-year.

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