Supporting Strategic Growth: Eucalyptus’ Journey from Start‑Up to Its $1.6b Acquisition

The Deutsch Miller Corporate team, led by Paul Miller, is proud to have supported a significant part of the fundraising journey of Australian-founded digital health start-up Eucalyptus throughout its rapid growth and success, culminating in the celebration of its $1.6 billion acquisition by New York-listed healthcare giant Hims & Hers.

Deutsch Miller acted on Eucalyptus initial seed fundraising in 2019 and all subsequent rounds (Series A, B and C) up to and including the Series C follow on round of $50m in April 2023.

“It has been a pleasure to work closely with Alexey and Tim, and to witness Eucalyptus rapidly grow into a leading health technology company. Their portfolio of direct‑to‑consumer digital telehealth clinics is transforming access to care, particularly in areas that have long been stigmatised or underserved.” — Paul Miller,  Partner

Eucalyptus scores blockbuster $1.6 billion buyout from Hims & Hers Health