What is Hims?
Founded in 2017 and headquartered in San Francisco, Hims & Hers Health, Inc. operates a sophisticated digital platform that bridges the gap between patients and licensed healthcare professionals. By leveraging artificial intelligence and machine learning, the company provides personalized treatment plans for a diverse array of conditions, including sexual health, dermatology, mental health, and weight management. Its business model, which integrates prescription medications, over-the-counter products, and laboratory testing, has successfully disrupted traditional healthcare delivery, making it a leader in the consumer-first telehealth space.
How much funding has Hims raised?
Hims has raised a total of $457M across 3 funding rounds:
Other Financing Round
$7M
Other Financing Round
$50M
Debt
$400M
Other Financing Round (2017): $7M with participation from Cherubic Ventures, Harrys, Amity Supply, Forerunner Ventures, Maverick Capital, SV Angel, and Thrive Capital
Other Financing Round (2018): $50M led by Redpoint Ventures, Institutional Venture Partners, Thrive Capital, and Forerunner Ventures
Debt (2026): $400M supported by JPMorgan Chase
Key Investors in Hims
JPMorgan Chase
A leading global financial services firm providing comprehensive investment banking and commercial banking solutions to support large-scale enterprise growth.
Institutional Venture Partners
A Menlo Park-based venture capital firm specializing in high-growth technology companies, providing critical support during scale-up phases and IPO transitions.
Forerunner Ventures
A venture firm focused on the intersection of technology and human behavior, backing category-defining companies that redefine consumer experiences.
What's next for Hims?
With the infusion of recent capital, Hims & Hers is poised to accelerate its technological infrastructure and deepen its penetration into international markets such as the United Kingdom, Germany, and Spain. The company's strategic roadmap focuses on enhancing its AI-driven diagnostic capabilities and expanding its retail partnerships to ensure seamless access to care. As the firm continues to navigate the complexities of the global healthcare landscape, this major enterprise-level funding provides the necessary liquidity to sustain long-term growth, optimize supply chain efficiencies, and maintain its competitive edge in the rapidly evolving digital wellness ecosystem.
See full Hims company page