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The Leaderboard

by Product Hunt

Drugs in your mailbox πŸ“ͺ

Hims β€” the startup that sells self-care products to men, including hair loss prevention and erectile dysfunction remedies – launched a sister brand yesterday. πŸ‘«

The new venture, naturally dubbed Hers, offers birth control, hair products, prescription skin creams and sexual wellness products for women. Andrew, the founder, jumped into the Product Hunt discussion:

"Although most people think access to women's 'wellness' is abundant, when you actually look at the ability for a woman to get REAL medicine online, and on her time, and with her own decision making, it's non existent."

Backed by $97 million in funding, Hers is the latest in a lineup of startups bypassing the doctor's office and drugstores to deliver prescriptions straight to your door. πŸ’Š

VC's are hot on this space. Here are a few other startups in this area that have gone on to raise recent rounds:

β€’ Nurx helps women get birth control prescriptions without a doctor’s visit ($41M raised)

β€’ Roman prescribes erectile dysfunction meds online, and more recently expanded their product line to offer a service to help smokers quit ($91M raised)

β€’ Modern Fertility helps women gauge their reproductive help with at-home fertility tests ($7M raised)

β€’ Capsule provides an on-demand service for prescriptions ($70M raised)

β€’ Curology pairs patients with dermatologists to provide customized skincare treatment ($19M raised)

The global telemedicine market has exploded in recent years, with startups raising over $1.2 billion since 2013. The market is expected to reach nearly $20 billion by 2025, up from only $6 billion in 2016. 😳
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November 1st, 2018

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