Function Health valuation, funding and investors
Function Health works in health and wellness membership program services, based in College Station, United States. Founded in 2022, it has about 160 employees.
- Last round
- Growth · $450M · Jul 2026
- Valuation at last round
- $2.50B
- Headcount
- –
- Grade
- A
- Founded
- 2022
Function Health valuation today
VCMC values Function Health at $2.6B today, with a range of $2.2B to $3.2B and a grade of A. The valuation starts from its last funding round, a growth round in Jul 2026.
Valuation by date (61 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2022 | $19.0M | $6.92M – $52.2M | $20.8M (+9%) | before first round | – | unknown | D | 0% |
| 1 Feb 2022 | $19.2M | $6.97M – $52.6M | $20.9M (+9%) | before first round | – | unknown | D | 0% |
| 1 Mar 2022 | $14.7M | $5.36M – $40.5M | $16.1M (+9%) | before first round | 3 | unknown | D | 0% |
| 1 Apr 2022 | $14.8M | $5.40M – $40.8M | $16.2M (+9%) | before first round | 3 | unknown | D | 0% |
| 1 May 2022 | $14.9M | $5.44M – $41.1M | $16.3M (+9%) | before first round | 3 | unknown | D | 0% |
| 1 Jun 2022 | $15.1M | $5.48M – $41.4M | $16.4M (+9%) | before first round | 3 | unknown | D | 0% |
| 1 Jul 2022 | $15.2M | $5.52M – $41.7M | $16.6M (+9%) | before first round | 3 | unknown | D | 0% |
| 1 Aug 2022 | $15.3M | $5.56M – $42.0M | $16.7M (+9%) | before first round | 3 | unknown | D | 0% |
| 1 Sep 2022 | $15.4M | $5.61M – $42.3M | $16.8M (+9%) | before first round | 3 | unknown | D | 0% |
| 1 Oct 2022 | $15.5M | $5.65M – $42.6M | $16.9M (+9%) | before first round | 3 | unknown | D | 0% |
| 1 Nov 2022 | $15.6M | $5.69M – $42.9M | $17.1M (+9%) | before first round | 3 | unknown | D | 0% |
| 1 Dec 2022 | $15.7M | $5.73M – $43.2M | $17.2M (+9%) | before first round | 3 | unknown | D | 0% |
| 1 Jan 2023 | $29.0M | $12.4M – $57.6M | $31.7M (+9%) | before first round | 17 | growing | C | 0% |
| 1 Feb 2023 | $29.2M | $12.5M – $58.0M | $31.9M (+9%) | before first round | 17 | growing | C | 0% |
| 1 Mar 2023 | $29.4M | $12.6M – $58.4M | $32.1M (+9%) | before first round | 17 | growing | C | 0% |
| 1 Apr 2023 | $29.6M | $12.7M – $58.9M | $32.4M (+9%) | before first round | 17 | growing | C | 0% |
| 1 May 2023 | $29.9M | $12.8M – $59.3M | $32.6M (+9%) | before first round | 17 | growing | C | 0% |
| 1 Jun 2023 | $30.1M | $12.9M – $59.7M | $32.9M (+9%) | before first round | 17 | growing | C | 0% |
| 1 Jul 2023 | $30.3M | $13.0M – $60.2M | $33.1M (+9%) | before first round | 17 | growing | C | 0% |
| 1 Aug 2023 | $30.5M | $13.1M – $60.6M | $33.1M (+8%) | before first round | 17 | growing | C | 0% |
| 1 Sep 2023 | $30.8M | $13.2M – $61.1M | $33.1M (+8%) | before first round | 17 | growing | C | 0% |
| 1 Oct 2023 | $37.2M | $15.9M – $73.9M | $39.8M (+7%) | before first round | 53 | growing | C | 0% |
| 1 Nov 2023 | $37.5M | $16.0M – $74.4M | $39.8M (+6%) | before first round | 53 | growing | C | 0% |
| 1 Dec 2023 | $37.8M | $16.2M – $75.0M | $39.8M (+5%) | before first round | 53 | growing | C | 0% |
| 1 Jan 2024 | $38.0M | $16.3M – $75.5M | $39.8M (+5%) | before first round | 53 | growing | C | 0% |
| 1 Feb 2024 | $38.3M | $16.4M – $76.1M | $39.8M (+4%) | before first round | 53 | growing | C | 0% |
| 1 Mar 2024 | $40.7M | $17.4M – $80.9M | $41.9M (+3%) | before first round | 74 | growing | C | 0% |
| 1 Apr 2024 | $41.0M | $17.6M – $81.5M | $41.9M (+2%) | before first round | 74 | growing | C | 0% |
| 1 May 2024 | $41.3M | $17.7M – $82.1M | $41.9M (+1%) | before first round | 74 | growing | C | 0% |
| 1 Jun 2024 | $41.6M | $17.8M – $82.7M | $41.9M (+1%) | before first round | 74 | growing | C | 0% |
| 27 Jun 2024 | $191M | $166M – $395M | $344M (+80%) | after a round | 74 | growing | B | 0% |
| 1 Jul 2024 | $193M | $166M – $395M | $344M (+79%) | after a round | 74 | growing | B | 0% |
| 1 Aug 2024 | $202M | $166M – $395M | $344M (+70%) | after a round | 120 | growing | B | 0% |
| 1 Sep 2024 | $213M | $166M – $395M | $344M (+62%) | after a round | 120 | growing | B | 0% |
| 1 Oct 2024 | $223M | $166M – $395M | $344M (+54%) | after a round | 120 | growing | B | 0% |
| 1 Nov 2024 | $240M | $166M – $421M | $366M (+53%) | after a round | 160 | growing | B | 0% |
| 1 Dec 2024 | $253M | $166M – $421M | $366M (+45%) | after a round | 160 | growing | B | 0% |
| 1 Jan 2025 | $268M | $166M – $421M | $366M (+37%) | after a round | 160 | growing | B | 0% |
| 1 Feb 2025 | $283M | $166M – $421M | $366M (+30%) | after a round | 160 | growing | B | 0% |
| 1 Mar 2025 | $297M | $166M – $421M | $366M (+23%) | after a round | 160 | growing | B | 0% |
| 1 Apr 2025 | $314M | $166M – $421M | $366M (+17%) | after a round | 160 | growing | B | 0% |
| 1 May 2025 | $2.5B | $2.2B – $4.3B | $3.7B (+50%) | after a round | 160 | growing | B | 0% |
| 2 May 2025 | $2.5B | $2.2B – $4.3B | $3.7B (+50%) | after a round | 160 | growing | B | 0% |
| 1 Jun 2025 | $2.6B | $2.2B – $4.3B | $3.7B (+45%) | after a round | 160 | growing | B | 0% |
| 1 Jul 2025 | $2.7B | $2.2B – $4.3B | $3.7B (+40%) | after a round | 160 | growing | B | 0% |
| 1 Aug 2025 | $2.8B | $2.2B – $4.3B | $3.7B (+35%) | after a round | 160 | growing | B | 0% |
| 1 Sep 2025 | $2.9B | $2.2B – $4.3B | $3.7B (+31%) | after a round | 160 | growing | B | 0% |
| 1 Oct 2025 | $3.0B | $2.2B – $4.3B | $3.7B (+27%) | after a round | 160 | up | B | 0% |
| 1 Nov 2025 | $3.1B | $2.2B – $4.3B | $3.7B (+22%) | after a round | 160 | up | B | 0% |
| 1 Dec 2025 | $3.2B | $2.2B – $4.3B | $3.7B (+18%) | after a round | 394 | growing | B | 0% |
| 1 Jan 2026 | $3.3B | $2.2B – $4.3B | $3.7B (+14%) | after a round | 394 | growing | B | 0% |
| 1 Feb 2026 | $3.4B | $2.2B – $4.3B | $3.7B (+10%) | after a round | 394 | growing | B | 0% |
| 1 Mar 2026 | $3.5B | $2.2B – $4.3B | $3.7B (+7%) | after a round | 394 | growing | B | 0% |
| 1 Apr 2026 | $3.6B | $2.2B – $4.3B | $3.7B (+3%) | after a round | 456 | growing | B | 0% |
| 1 May 2026 | $3.7B | $2.2B – $4.3B | $3.7B (0%) | after a round | 456 | growing | B | 0% |
| 1 Jun 2026 | $3.7B | $2.2B – $4.3B | $3.7B (0%) | after a round | 496 | up | B | 0% |
| 1 Jul 2026 | $3.7B | $2.1B – $4.3B | $3.7B (0%) | after a round | 496 | up | B | 0% |
| 1 Aug 2026 | $2.5B | $2.2B – $3.2B | $2.8B (+10%) | after a round | 496 | up | A | 0% |
| 1 Sep 2026 | $2.5B | $2.2B – $3.2B | $2.8B (+9%) | after a round | 496 | up | A | 0% |
| 1 Oct 2026 | $2.5B | $2.2B – $3.2B | $2.8B (+8%) | after a round | 496 | up | A | 0% |
| 24 Oct 2026 | $2.6B | $2.2B – $3.2B | $2.8B (+8%) | after a round | – | up | A | 0% |
Key facts about Function Health
- Founded
- 2022
- Headquarters
- College Station, United States
- Employees
- about 160
- Total raised
- $765M
- Funding rounds
- 3
- Last round
- Growth Equity Jul 2026
Function Health was founded in 2022 by Daniel Swerdlin, Jonathan Swerdlin, Mark Hyman, Mike Nemke, Pranitha Patil and Seth Weisfeld.
Function Health funding history
Function Health has 3 funding rounds on record, from Jun 2024 to Jul 2026, $765M in total. The latest disclosed valuation is $2.50B post-money (Growth Equity, Jul 2026).
Growth Equity 31 Jul 2026
Led by General Catalyst.
Sources: techfundingnews.com, mobihealthnews.com, prnewswire.com and 4 more
$450M
$2.50B post-money
Series B 1 May 2025
Led by Redpoint Ventures.
Sources: longevityinvestorsnews.ch, functionhealth.com, techfundingnews.com and 3 more
$300M
$2.50B post-money
Series A 26 Jun 2024
Led by Andreessen Horowitz; with Wisdom, Draft Ventures, K5 Global, G9 Ventures, 53 Stations. Individuals: Matt Damon, Ari Emanuel, Kevin Hart, Embiid Ventures, Jay Shetty, Blake Griffin, Zac Efron, Jimmy Rollins, Colin Kaepernick, Dr. Casey Means, Pedro Pascal, Ara Katz, Harvey Spevak, Harpreet Singh Rai, Jeff Dean.
Sources: finsmes.com, healthcare.digital
$15M
$191M post-money
Function Health investors
8 investors have backed Function Health; Andreessen Horowitz, General Catalyst and Redpoint Ventures led at least one round.
What Function Health does
Function Health works in medical laboratories, with 14 recorded offerings and customers in healthcare.
Function Health, Inc. is an American healthcare technology company that operates as a service provider in the healthcare industry. The company offers health and wellness services through biomarker testing, personalized health insights, and access to laboratory and imaging services. Function Health serves individuals, employers, and healthcare providers, with a focus on employers and healthcare providers, and operates a nationwide network of laboratory locations. Its services are supported by a team of medical and scientific advisors and are available in all states except New York and New Jersey.
Description from Veridion's company data.
Products and services
- Health and Wellness Membership Program Services
- Advanced Biomarker Testing Services
- Personalized Health Insights Delivery
- Doctor-Led Medical Consultation Services
- Advanced Imaging Access Services
- Mobile Health Platform Services
- Web-Based Health Platform Services
- Early Detection Screening Services
- Functional Medicine Advisory Services
- Oncology Advisory Services
- Cardiovascular Health Advisory Services
- Hormone Health Advisory Services
- Nationwide Laboratory Access Services
- Scientific Health Recommendation Services
Markets
- Healthcare
Business model
- Business-to-Business
- Business-to-Consumer
- Service Provider
- Healthcare
- Subscription-Based
Industry codes (NAICS)
- 621511 Medical Laboratories 50% match
- 621512 Diagnostic Imaging Centers 30% match
- 621399 Offices of All Other Miscellaneous Health Practitioners 20% match
Questions about Function Health
What is Function Health worth?
Valuation $2.6B (range $2.2B to $3.2B), as of 24 Oct 2026. The last disclosed valuation was $2.50B (Growth Equity, Jul 2026).
Has Function Health raised money?
Function Health has 3 funding rounds on record, from Jun 2024 to Jul 2026, $765M in total. The latest disclosed valuation is $2.50B post-money (Growth Equity, Jul 2026).
Who has invested in Function Health?
Andreessen Horowitz, General Catalyst, Redpoint Ventures, 53 Stations, Draft Ventures and G9 Ventures, and 2 more. Lead investors include Andreessen Horowitz, General Catalyst and Redpoint Ventures.
How many people work at Function Health?
About 160. Headcount grew from 3 in Mar 2022 to 496 in Jun 2026.
What does Function Health do?
Function Health works in medical laboratories, with 14 recorded offerings and customers in healthcare. Its main offerings are health and wellness membership program services, advanced biomarker testing services and personalized health insights delivery.
When was Function Health founded, and where is it based?
Function Health was founded in 2022 and is based in College Station, United States. It has about 160 employees.