Manager of Corporate Development, Oura
$141.5-160.5k
+ Equity
Health monitoring smart ring
Be an early applicant
Health monitoring smart ring
501-1000 employees
Be an early applicant
$141.5-160.5k
+ Equity
501-1000 employees
Company mission
Oura's mission is to make health a daily practice.
Role
Who you are
- The ideal candidate will have proven skills in financial modeling, strategic assessment, and M&A due diligence, along with the curiosity and strategic thinking needed to identify important factors that may never fit on a spreadsheet
- 7+ years of relevant work experience, including corporate development, investment banking, venture capital or private equity
- Experience creating and analyzing M&A processes for a wide variety of transactions
- History of successfully completing end-to-end negotiations
- Very strong analytical and communication skills
- Experience at a technology company or startup
What the job involves
- We are seeking exceptional candidates who are highly motivated and demonstrate a solid understanding of corporate development concepts and M&A processes
- In addition, the Manager, Corporate Development will work with key cross-functional partners and must be comfortable collaborating with senior stakeholders
- Work with senior executives and product leads to develop strategies and identify acquisition and investment opportunities that accelerate Oura’s mission
- Maintain relationships with startups, VCs, investment bankers, and leading technology companies to stay up to date with competitive landscape and inform pipeline generation
- Develop and maintain the deal pipeline, including outreach to and sourcing of new opportunities
- Evaluate the benefits and risks of potential transactions and manage the process of building both internal and external consensus
- Act as a subject matter expert on valuation, including discounted cash flow analysis, accretion/dilution analysis, and business case modeling
- Drive the execution of M&A and strategic investments throughout the deal process, including sourcing opportunities, performing financial analysis, negotiating deal terms, and coordinating all aspects of due diligence and integration in coordination with cross-functional partners across product, engineering, legal, and other key stakeholders
- Establish the ongoing processes, skill sets, and strategy that will enable Oura to continue to build out our corporate development competency, in the face of extremely fast growth and a rapidly changing industry
- Collaborate with the broader Finance team to develop and drive deeper understanding of KPIs and implications on performance and valuation, particularly as they relate to corporate development initiatives
- Assist with the preparation of board and investor relations materials, highlighting corporate development strategies and their impact on long-term value creation
Our take
As smart watches with health and wellbeing monitoring functions are now an everyday norm, Oura is offering similar wearable technology with its series of rings. It’s one of a number of companies gaining serious traction in the market, along with the likes of Circular and Movano.
The company gained an early profile after its collaboration with Gucci which created mainstream publicity and may have given it a leg up on the competition. With the smart ring market forecast to keep growing, Oura certainly finds itself in a promising position as it moves to build out its operations and refine the product.
The bottom line for Oura will be customer satisfaction and demand, which does make its mixed reviews so far a little troubling. That said, the announcement of its new "Circles" social feature, on top of an integration with InsideTracker and acquisition of "wave to pay" company Proxy, all look set to increase the functionality of the ring and could well win more consumers over.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
9% employee growth in 12 months
Company
Funding (last 2 of 10 rounds)
Dec 2024
$125m
SERIES D
Nov 2024
$75m
SERIES D
Total funding: $354.6m
Company benefits
- Beautiful workspaces in San Francisco by Pier 31, Oulu and Helsinki (Finland)
- Amazing culture of collaborative and passionate coworkers
- Wellness benefits
- An Oura Ring of your own
- Personal learning & development budget of 750 USD/EUR
- Unlimited course offerings from Coursera
- Five (5) total days of work time to devote to employee development training
- Equity
- Health, dental, and vision insurance
- 20 days of PTO
Company HQ
Linnanmaa, Oulu
Leadership
Tom Hale
(CEO, Not Founder)Seasoned senior board member and advisor at multiple high growth companies including Cars.com, Volara, and HomeAway.
Salary benchmarks
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