Hims was founded in 2017 by Andrew Dudum and Jack Abraham. In an October 2020 press release, the company announced its plan to go public through a reverse merger with blank-check company Oaktree Acquisition Corp.
Hims is a telehealth service for men's wellness and care, providing treatment options for hair loss, ED & more. The company has raised nearly $200 million in Venture Capital funding from investors including DCM Ventures, Define Ventures, Material Companies, McKesson Ventures, Next Play Capital, NewView Capital, TriplePoint Venture Growth, Rx3 Ventures, 7 Global Capital, Maverick Ventures, IVP, Forerunner Ventures, and Thrive Capital. It has been widely reported that Hims last raised $100 million in February 2019 at a post-money valuation of $1 billion.