Telehealth company Hims & Hers Health, Inc. (NYSE: HIMS) has raised $1 billion in a convertible debt offering, more than doubling its initial $450 million target due to strong investor demand.
“With this capital, we can move faster—growing internationally, expanding personalized care at scale, and investing in AI and data to bring precision care to millions,” said Andrew Dudum, founder and CEO.
The funds will support the company’s global expansion, enhance its personalized healthcare platform, and accelerate investments in artificial intelligence technologies. This represents the largest funding round in the company’s history.
