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Oura is acquiring medical AI chatbot startup Counsel Health
Oura has agreed to acquire Counsel Health, a medical AI chatbot company, for $625 million. The deal would bring clinical AI and access to doctors further into Oura’s wearable app, where Counsel’s chatbot can use users’ biometric data to answer health questions and connect them with a physician.
Oura expects the acquisition to close before the end of the year. Counsel plans to support preventative care, short-term health concerns, and specialty or chronic care, including reproductive and cardiometabolic health. Its roughly 70 employees will join Oura, while its on-demand physician network of about 50 people is set to expand; Counsel will also continue serving customers outside Oura.
In short
- Oura agreed to buy Counsel Health for $625 million.
- Its chatbot uses wearable data and can connect users to doctors.
- Counsel will continue serving enterprise customers beyond Oura.
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