--- title: Grindr to buy HIV prevention telehealth firm Freddie for... description: Grindr has agreed to acquire PurposeMed, the parent company of HIV-prevention telehealth service Freddie, for $250mn in cash and stock plus up to $70mn in... canonical: https://daily.dev/posts/grindr-to-buy-hiv-prevention-telehealth-firm-freddie-for-250mn-je7o1xpft twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Grindr to buy HIV prevention telehealth firm Freddie for $250mn | daily.dev og:description: Grindr has agreed to acquire PurposeMed, the parent company of HIV-prevention telehealth service Freddie, for $250mn in cash and stock plus up to $70mn in... og:url: https://daily.dev/posts/grindr-to-buy-hiv-prevention-telehealth-firm-freddie-for-250mn-je7o1xpft og:image: https://api.daily.dev/og/posts/Je7o1XPFt.png og:image:alt: Grindr to buy HIV prevention telehealth firm Freddie for $250mn og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Grindr to buy HIV prevention telehealth firm Freddie for $250mn **[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 2 upvotes · 0 comments ## Summary Grindr has agreed to acquire PurposeMed, the parent company of HIV-prevention telehealth service Freddie, for $250mn in cash and stock plus up to $70mn in earn-out payments tied to 2027 targets. It's Grindr's first major acquisition since launching in 2009. Freddie offers PrEP medication, testing, and home delivery across all 50 US states, having served more than 55,000 patients since its 2020 founding in Canada. Grindr plans to embed Freddie inside its app, which has nearly 16 million monthly users, and combine it with its existing Woodwork erectile dysfunction service under a new Grindr Health brand. The move follows a 2024 lawsuit in which UK users accused Grindr of sharing their HIV status with advertisers, a claim the company denies. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much is Grindr paying to acquire the HIV prevention telehealth company Freddie? Grindr agreed to pay $250mn, split as $190mn in cash and $60mn in shares, with up to an additional $70mn in cash contingent on Freddie hitting performance targets in 2027. The deal is for PurposeMed, Freddie's parent company, and is expected to close by the end of the year. It marks Grindr's first major acquisition since launching in 2009. _Those following tech M&A deals can track emerging health tech acquisitions like this one on daily.dev._ ## Similar posts on daily.dev - [Match Group invests $100 million in Sniffies, a cruising app for gay men](https://daily.dev/posts/match-group-invests-100-million-in-sniffies-a-cruising-app-for-gay-men-uywr579s7) · TechCrunch · 0 upvotes · 0 comments - [Everlab raises AU$65m to turn primary care from treatment to prevention](https://daily.dev/posts/everlab-raises-au-65m-to-turn-primary-care-from-treatment-to-prevention-q7oqvpr8y) · The Next Web · 0 upvotes · 0 comments - [Medium](https://daily.dev/posts/medium-kh8cysbje) · Medium · 0 upvotes · 0 comments - [TikTok unlawfully tracks your shopping habits – and your use of dating apps](https://daily.dev/posts/tiktok-unlawfully-tracks-your-shopping-habits-and-your-use-of-dating-apps-1qqmqnvns) · Hacker News · 1 upvotes · 1 comments --- Tags: [#business](https://daily.dev/tags/business), [#data-privacy](https://daily.dev/tags/data-privacy), [#health-tech](https://daily.dev/tags/health-tech) [View this post on daily.dev](https://daily.dev/posts/grindr-to-buy-hiv-prevention-telehealth-firm-freddie-for-250mn-je7o1xpft) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Grindr to buy HIV prevention telehealth firm Freddie for $250mn","url":"https://daily.dev/posts/grindr-to-buy-hiv-prevention-telehealth-firm-freddie-for-250mn-je7o1xpft","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/grindr-to-buy-hiv-prevention-telehealth-firm-freddie-for-250mn-je7o1xpft"},"datePublished":"2026-10-01T18:18:57.810Z","dateModified":"2026-10-01T18:31:06.798Z","description":"Grindr has agreed to acquire PurposeMed, the parent company of HIV-prevention telehealth service Freddie, for $250mn in cash and stock plus up to $70mn in...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/f1bb4b330ddfd3417f7683be4bb75fd5?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/f1bb4b330ddfd3417f7683be4bb75fd5?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/grindr-to-buy-hiv-prevention-telehealth-firm-freddie-for-250mn-je7o1xpft","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":2},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"business,data-privacy,health-tech","timeRequired":"PT2M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Grindr to buy HIV prevention telehealth firm Freddie for $250mn"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/grindr-to-buy-hiv-prevention-telehealth-firm-freddie-for-250mn-je7o1xpft#faq","mainEntity":[{"@type":"Question","name":"How much is Grindr paying to acquire the HIV prevention telehealth company Freddie?","acceptedAnswer":{"@type":"Answer","text":"Grindr agreed to pay $250mn, split as $190mn in cash and $60mn in shares, with up to an additional $70mn in cash contingent on Freddie hitting performance targets in 2027. 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