Hims & Hers
Hims & Hers Raises $75M in Series Unknown
Quick Facts
Hims & Hers Raises $75M in Series Unknown
Hims & Hers has successfully raised $75M in a Series Unknown at a $6B valuation led by Institutional Venture Partners, Forerunner Ventures, Founders Fund, Redpoint Ventures.
Company Overview
Hims & Hers is a HealthTech company headquartered in 200 California Street, San Francisco, CA 94111, founded in 2017 with 1000+ employees.
Telehealth platform
Fundraising Details
- Amount Raised: $75M
- Round Type: Series Unknown
- Valuation: $6B
- Date: 2024-07-18
- Investors: Institutional Venture Partners, Forerunner Ventures, Founders Fund, Redpoint Ventures
About Hims & Hers
Telehealth platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 200 California Street, San Francisco, CA 94111
- Founded: 2017
- Team Size: 1000+
- Industry: HealthTech
What This Means
This funding round demonstrates strong investor confidence in Hims & Hers's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Hims & Hers's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $6B valuation marks an important milestone for Hims & Hers, positioning the company among notable players in the HealthTech industry.
Looking Ahead
With this new capital, Hims & Hers is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-07-18. For more information about Hims & Hers, visit their headquarters at 200 California Street, San Francisco, CA 94111.
About the Author
Related Company Reports
Harvey AI Raises $160 million in Series F
Harvey AI, a AI Software company based in San Francisco CA, has raised $160 million in Series F at a $8 billion valuation led by Andreessen Horowitz.
7AI Raises $130 million in Series A
7AI, a Cybersecurity company based in Boston MA, has raised $130 million in Series A at a $700 million valuation led by Index Ventures.
TRIANA Biomedicines Raises $120 million in Series B
TRIANA Biomedicines, a Biotechnology company based in Lexington MA, has raised $120 million in Series B at a Undisclosed led by Ascenta Capital.