Function Health becomes a unicorn with $298M in Series B funding, enhancing its predictive health services. This oversubscribed round aims to accelerate the company's mission to empower people in preventive health.
Amount Raised
$298 Million
Round Type
Series B
AustinBiotechnologyHealth CareMedicalInvestors
Description
Function Health has secured $298 million in an oversubscribed Series B funding round, positioning it as a unicorn company. The funding will support the expansion of its innovative preventive health services, including advanced lab testing and imaging solutions. Function aims to revolutionize how individuals approach health and longevity through data-driven insights. The investment coincides with its recognition as a TIME100 Most Influential Company.
Quick answer
Function raised $298 Million in a Series B round, dated November 19, 2025. Investors: Pedro Pascal, Kevin Hart, Zac Efron, Matt Damon and Redpoint Ventures. Function is based in Austin, Texas, United States.
- How much did Function raise?
- Function raised $298 Million in a Series B round on November 19, 2025.
- Who invested in Function?
- Pedro Pascal, Kevin Hart, Zac Efron, Matt Damon and Redpoint Ventures are named as investors in this round.
- What does Function do?
- Function is a platform that provides patients with access to over 100 lab tests at a single annual cost of $499.
- Where is Function based and how big is it?
- Function is based in Austin, Texas, United States. Fundz records about 2 employees.
- Who are the decision-makers at Function?
- Fundz holds 5 contacts at Function, including the Co-founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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.
- SCA Health raised $412K (Seed) on December 31, 2025.
- Biobeat Technologies raised $50M (Series B) on December 30, 2025.
- FONAR raised $10M on December 23, 2025.
- FONAR raised $41M on December 23, 2025.
- MAIA Biotechnology raised $1.5M on December 22, 2025.
- Clarity Pediatrics raised $15M (Series A) on December 17, 2025.
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
Works inside ChatGPT and Claude. Ask who to call at Function. With Fundz connected, it knows.
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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.
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Funding Insights
What this usually meansFunction 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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