Hims & Hers Raises $1 billion SPAC

Company profile · Healthcare & Life Sciences · Updated Recent

Hims & Hers raised $1B in SPAC financing led by Oaktree, with participation from Oaktree Capital. AI-powered telehealth for lifestyle medicine. The new capital is framed around Expand AI mental health, weight loss, and dermatology verticals.

SPAC$1 billionTotal tracked $1 billionSan Francisco, CA

What it does

AI-powered telehealth for lifestyle medicine. The business sits in Healthcare & Life Sciences, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.

Traction

Oaktree participated in the latest tracked round; deeper traction analysis is held until source support is strong enough.

Trend impact

MD-grade thesis held: available source material is not specific enough to support a non-generic investor-economist read without overclaiming.

Funding history

Recent · SPAC · $1 billion · Oaktree
Recent · Growth Round · $75 million · Various

Products & services

Healthcare & Life Sciences workflow monitoring tied to the funding announcement
Customer-facing product described on the company website
Operational tooling for healthcare & life sciences teams
Data capture and reporting across core business processes
Team expansion support funded by the latest round

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