Directions : Read the following passage carefully and answer the questions that follow.
Founded in Oulu, Finland, in 2013 by Petteri Lahtela, Kari Kivelä, and Markku Koskela, Oura Health sought to revolutionize personal well-being by ____X____ precision, comfort, and actionable sleep insights into a wearable device. The company launched its first-generation ring through a Kickstarter campaign in 2015 and formally debuted the product at the Slush tech conference in 2017. Early recognition followed with awards including Time magazine's 100 Best Inventions of 2020 and Best Consumer Wellness Company from the UCSF Digital Health Awards, especially noting Oura's role in NBA COVID-19 monitoring.
The Oura Ring uses advanced infrared LEDs, combined with sensitive accelerometers and temperature sensors, to track biometric data from the finger. It measures heart rate, heart rate variability, respiratory rate, body temperature, and more, offering continuous monitoring with minimal disruption to daily life. Equipped with a 3D accelerometer, the ring is capable of identifying user movement in all directions and uses machine learning to improve recognition of different activities.
Oura Health's funding journey began with a $2.3 million seed round in 2015, followed by additional funding rounds through 2022. By then, its valuation had crossed the $2 billion mark, backed by investors including Temasek, MSD Capital, and Elysian Park Ventures.
Beloved by celebrities such as Prince Harry, Jennifer Aniston, and Gwyneth Paltrow, Oura gained a strong cultural profile as a wellness accessory and not just a health gadget. Its precise monitoring of sleep, heart rate, and body temperature helped individuals, from athletes to patients with conditions like Parkinson's disease, make informed health decisions. As one reviewer noted, Oura captures nuanced changes in motion that may be overlooked by other wearables, making it a discreet yet powerful tool for daily well-being.
In addition to personal use, researchers and medical institutions also explored the Oura Ring's potential in clinical studies before 2023. The device was tested in areas such as illness detection, menstrual cycle prediction, and mental health monitoring, reflecting its promise as more than just a lifestyle product. These research applications positioned Oura as a bridge between consumer wellness technology and formal healthcare systems.
Which of the following statements is NOT TRUE as per the information in the passage?
1.Oura Health was founded in Finland in 2013 and launched its first-generation ring via Kickstarter in 2015 before presenting it at the Slush tech conference in 2017.
2.The Oura Ring uses infrared LEDs, accelerometers, and temperature sensors to collect biometric data.
3.Oura's valuation crossed $2 billion by 2022, supported by global investors.
4.Celebrity users like Prince Harry and Jennifer Aniston contributed to Oura's popularity.
5.The Oura Ring was first released in 2023, focusing on enterprise-level health analytics.
Correct Answer : 5
Solution :
(a) Correct - The passage clearly mentions that Oura Health was founded in Finland in 2013, launched its first ring on Kickstarter in 2015, and showcased it at Slush in 2017.
(b) Correct - The Oura Ring indeed uses infrared LEDs, accelerometers, and temperature sensors to track biometric data, as described in the passage.
(c) Correct - The passage states that Oura's valuation surpassed $2 billion by 2022, supported by major investors such as Fidelity and Dexcom.
(d) Correct - Celebrity figures, including Prince Harry and Jennifer Aniston, are mentioned as boosting Oura's cultural visibility.
(e) Incorrect - The Oura Ring was first released in 2015, not in 2023.
Hence, option (e) is the correct answer.
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