Eucalyptus

Sydney, Australia Digital Health Acquired

Eucalyptus is an Australian digital health company that operates a portfolio of vertically integrated, demographic-focused telehealth brands. Its consumer brands include Juniper (women's weight management and menopause, including GLP-1 therapies), Pilot (men's health, hair loss, sexual wellness and weight loss), Software (prescription skincare and dermatology) and Kin (fertility and reproductive health). The company combines online consultations with licensed clinicians, prescription fulfillment and ongoing health coaching, operating in Australia, the United Kingdom, Germany, Japan and Canada, and has served more than 775,000 customers.

Acquired

Eucalyptus has been acquired

Nov 2025

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2019

Employees

700–900

Total Funding

$227.7M

6 rounds

Latest Valuation

$0.89B

Nov 1, 2025

Secondary Signals

1 signal
M&A Recent up to $1.15B total; ~$240M cash at closing; earnouts through early 2029 2026-06-02

Completed acquisition by Hims & Hers, deal valued up to $1.15B, ~$240M cash at closing (June 2, 2026).

Change of control; Eucalyptus now a Hims & Hers subsidiary, no independent equity path remains.

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $227.7M across 6 rounds

Last updated 08-11-2026

DateRoundAmount RaisedValuationLead Investors
Nov 2025 Series D $124M $0.89B Not disclosed
Apr 2023 Series C extension $33M $0.37B BOND Capital
Jan 27, 2022 Series C $42M BOND Capital

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$5M $10M $20M $50M $100M $200M $500M $1B 2020 2022 2024 Eucalyptus

Entry · Seed

$5M

Oct 2019

Eucalyptus today

$893M

Nov 2025 · latest mark

Eucalyptus multiple

168x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Tim Doyle

    Co-Founder & CEO

  • Charlie Gearside

    Co-Founder

  • Benny Kleist

    Co-Founder

  • Alexey Mitko

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Hims & Hers Health

    NYSE-listed US direct-to-consumer telehealth platform offering men's and women's health, weight loss, dermatology and sexual wellness; pending acquirer of Eucalyptus.

  • Ro (Roman Health)

    US direct-to-consumer telehealth company offering men's health, weight management (GLP-1) and skincare services.

  • Mosh

    Australian direct-to-consumer telehealth provider focused on men's health including hair loss, skin and weight management.

  • InstantScripts

    Australian online prescription and telehealth service; acquired by Wesfarmers in 2023.

  • Numan

    UK-based men's health and weight management telehealth platform, competing with Eucalyptus's Pilot brand in the UK.

  • Noom

    US-based digital weight management and behavior change platform with GLP-1 prescribing services, competing with Juniper.

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