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Hims & Hers is the latest company to donate $1 million to Trump's inaugural fund. Getty Images

Hims & Hers, a telehealth company, is the latest corporation to donate $1 million to President-elect Donald Trump's inaugural committee, Axios reported.

The company rationalized its donation in a statement, explaining Hims & Hers stands "with leaders and advocates who are committed to improving America's broken healthcare system."

"For far too long, this system has forced Americans to struggle—financially and with limited access—to get essential medications and the care they need, especially for stigmatized conditions," a spokesperson said in a statement obtained by Axios.

In addition to erectile dysfunction treatment, the telehealth company has been a major player in the anti-obesity drug market, giving the pharmaceutical companies that created the drug, Novo Nordisk and Eli Lilly, a run for their money.

Hims & Hers joined Amazon, Meta, Pfizer and other major corporations in donating to Trump's inaugural fund, which has accrued more than $200 million since he was elected, according to the New York Times. Their donations promise "intimate" dinners with Trump and Vice President-elect JD Vance.

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