Hims & Hers Shuts Down Apostrophe to Streamline Dermatology Offerings
The telehealth giant discontinues its $190 million acquisition, citing operational simplification and shifting business priorities.
- Hims & Hers has officially closed down Apostrophe, a teledermatology platform it acquired in 2021 for $190 million, canceling all subscriptions as of March 7, 2025.
- The decision aims to consolidate dermatology services under the Hims & Hers brand for a more seamless customer experience, though some Apostrophe offerings will not be maintained.
- Experts suggest the move reflects a strategic shift toward weight loss drug-related revenue, which has become a key focus for Hims & Hers despite recent FDA guideline changes.
- The teledermatology market remains a growing sector, with analysts predicting a $10 billion opportunity, driven by demand for accessible and personalized skincare solutions.
- Competitors like Curology and Musely are expanding their offerings to target broader demographics, including antiaging and hormonal treatments, as new players prepare to enter the space.