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Function Health secures $450M in growth financing from General Catalyst to scale direct-to-consumer lab testing and personalized AI analytics.

PRIVATEAug 03, 20266 days ago

Amount Raised

$450 Million

Round Type

Venture - Series Unknown

AustinBiotechnologyHealth CareMedical

Investors

General Catalyst

Description

Function Health secured $450M in non-dilutive growth financing from General Catalyst's Customer Value Fund. This follows an earlier $298M Series B funding and supports their goal of scaling direct-to-consumer lab testing and personalized AI analytics. The funds will support recent strategic acquisitions, enhancing their testing capabilities. Their innovative model provides direct access to a wide range of health markers without traditional doctor visits.

Company Information

Company

Function Health

Location

Austin, Texas, United States

About

Function Health is a revolutionary health management platform dedicated to empowering individuals to achieve 100 healthy years through proactive health solutions. With access to a comprehensive list of lab tests, including the innovative Galleri test for early cancer detection, Function Health aims to transform cancer care and facilitate better health outcomes. The platform fuses state-of-the-art data science with personalized health insights. Function Health is committed to educating and equipping its members with the tools necessary for early disease detection and management.

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