Ultrahuman bets on redesigned smart ring to win back U.S. market after Oura dispute
Source: TechCrunch
Ultrahuman unveils third‑generation Ring Pro
Ultrahuman introduced the Ring Pro, its third‑generation smart ring, featuring up to 15 days of battery life—a significant increase from the four to six days offered by the Ring Air. The device is priced at $479 and is available for global pre‑orders (excluding the U.S.), with shipments slated to begin in March.
Legal backdrop and U.S. market disruption
- In October 2025, the U.S. International Trade Commission ruled in favor of rival Oura in a patent dispute, preventing Ultrahuman from importing new ring inventory into the United States. Existing retail stock could still be sold, but the decision halted fresh supply.
- At the time, the U.S. accounted for roughly 45 % of Ultrahuman’s ~700,000 daily active users worldwide, according to co‑founder and CEO Mohit Kumar.
- Ultrahuman responded by filing a separate patent‑infringement suit against Oura in the Delhi High Court in August 2025, which remains pending.
- To navigate the patent issue, Ultrahuman redesigned the Ring Pro and submitted it to U.S. Customs and Border Protection for clearance, confirming that it can be legally imported.
Financial performance
- Annualized revenue run rate: ~$150 million
- Operating revenue FY 2025 (ended March 2025): $64 million (record profit)
- The company remains profitable after tax, though margins are expected to tighten due to litigation costs, tariffs, and redesign expenses.
Revenue breakdown
- Subscriptions (coaching, recovery, metabolic panels, continuous glucose monitoring): ≈16 % of total revenue
- Blood Vision metabolic panel: ≈5‑6 % of the business
Jade: Real‑time biointelligence system
Alongside the Ring Pro, Ultrahuman launched Jade, a real‑time “biointelligence” platform that aggregates health data from its devices and services to deliver personalized insights and actionable recommendations.
“Most AI tools today look backward at your data. Jade is built to react to your health in real time and surface actions users can take,” Kumar explained.
Jade will be available to all Ultrahuman users, including those with the older Ring Air, and does not currently require a subscription.
Image credit: Ultrahuman
Ring Pro specifications
- Battery life: Up to 15 days (compared to 4‑6 days on Ring Air)
- Heart‑rate sensing: Redesigned architecture for improved signal quality during sleep
- Processor: New dual‑core chip for better data accuracy and on‑device computing
- Storage: Up to 250 days of health data
- Weight: Approximately 5‑6 % heavier than Ring Air (launched July 2023 at $349)
Pro Charger
Ultrahuman also introduced a Pro Charger that provides up to 45 days of battery life for the ring, supports on‑the‑go charging, faster updates, and diagnostics via direct case connectivity. The charger is compatible with Qi wireless charging, the standard used by most modern smartphones.
Image credit: Ultrahuman
User demographics and market positioning
- Women represent about 68 % of Ultrahuman’s user base, up from roughly 65 % a year earlier, reflecting strong adoption of women’s health features.
- Key growth markets: UK, Canada, Australia, and India (the latter contributing ~8‑9 % of overall revenue).
Competitive landscape
- Global smart‑ring shipments grew nearly 80 % YoY in 2025, driven by demand for compact wearables with advanced sleep tracking and longer battery life (Counterpoint Research).
- Oura remains the market leader with over two‑thirds share; Ultrahuman holds the second position.
- IDC data shows global smart‑ring shipments rising ~30 % YoY in Q3 2025 to nearly 1 million units, with Ultrahuman capturing roughly 25 % of the market during that period.
Funding and future outlook
Founded in 2019, Ultrahuman has raised about $55 million to date from investors including Alpha Wave Incubation, Blume Ventures, Steadview Capital, and Nexus Venture Partners. The company is expanding production capacity to meet anticipated demand for the Ring Pro in the coming months.