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Function Secures $450 Million Growth Financing from General Catalyst to accelerate its mission of enhancing health ownership.

PRIVATEJul 30, 2026

Amount Raised

$450 Million

Round Type

Venture

AustinBiotechnologyHealth CareMedical

Investors

General Catalyst

Description

Function announced the closing of $450 million in growth financing from General Catalyst's Customer Value Fund. This funding will accelerate the company's mission to help millions more people own their health. The financing underscores conviction in Function's vision to change health ownership. The capital will enable Function to bring its platform to millions more people faster.

Who else raised in Medical and Biotechnology around the same time

Companies in the same sectors as Function that raised within 45 days of this round, from Fundz verified event records.

  • Epsilon Health raised $28M on September 10, 2026.
  • Positron raised $875M (Series C) on September 10, 2026.
  • Navion Neurosciences raised $11M (Seed) on September 9, 2026.
  • Cloverleaf Bio raised $33M (Seed) on September 8, 2026.
  • Hope Care raised $7M (Series A) on September 8, 2026.
  • Encision raised $80K (Post-IPO Equity) on September 8, 2026.

Who to call at Function, and when

A new round usually means Function is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Function raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Function, from your own LinkedIn network

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Company Information

Company

Function

Location

Austin, Texas, United States

About

Function is a platform that provides patients with access to over 100 lab tests at a single annual cost of $499. It aims to remove barriers around extensive lab testing and empower individuals to take control of their health. The company also provides comprehensive, actionable insights from top doctors and thousands of hours of research, aiming to help members become their greatest advocates.

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Fundz sees it the moment Function raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsJonathan S., Co-founder & CEO hidden hidden hiddenSee plans and pricing
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Function raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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