# Grindr Acquires Telehealth Firm

> Grindr buys telehealth firm for $250m to expand HIV prevention access.
- Title: Grindr Acquires Telehealth Firm · Los Angeles Business Journal
- Summary: Grindr buys telehealth firm for $250m to expand HIV prevention access. Grindr acquires PurposeMed for $250m to improve HIV prevention access for gay men.
- Keywords: grindr, purposemed, hiv prevention, telehealth, 250m deal, gay community, business, local, Acquires, Firm, Los Angeles Business Journal
- Source: Los Angeles Business Journal — https://labusinessjournal.com/technology/grindr-buys-telehealth-firm-in-250m-deal
- Author: Keerthi Vedantam
- Published: 2026-10-05T07:45:16+00:00
- Read time: 1 min
- Topics: grindr, purposemed, hiv prevention, telehealth, 250m deal, gay community, business, local
## Grindr Acquires Telehealth Firm
Grindr Inc. announced it is acquiring telehealth platform PurposeMed Inc. in a $250 million deal.
## Deal Structure
The deal includes $190 million in cash and $60 million in Grindr stock, with potential $70 million in 2028 if performance targets are met.
## CEO Statement
George Arison said Grindr has a direct line to millions of gay men and Freddie brings medical expertise to turn that reach into care.
## PurposeMed Details
PurposeMed is the parent company of Freddie, a Canada-based HIV prevention and PrEP provider expected to end 2026 with $80 million in revenue.
## Strategic Shift
Grindr has shifted from dating to healthcare, using 17 years of user data to expand into HIV prevention and other health services.
## Key takeaway

Grindr acquires PurposeMed for $250m to improve HIV prevention access for gay men.