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Function Health

Austin, TX · Founded 2022 · Privately Held (backing)

Developer of a health empowerment platform designed to empower individuals to pursue a lifetime of avoiding disease and feeling their healthy. Function Health is based in Austin, TX and was founded in 2022. Its last reported valuation was $2.5 billion in Nov 2025. It has raised $358 million.

Last reported valuation
$2.5B
Oct 2026
Priced at
—
Total raised
$357.6M
Last round
—

Function Health key facts

as of Oct 2026
  • Developer of a health empowerment platform designed to empower individuals to pursue a lifetime of avoiding disease and feeling their healthy.
  • Function Health is valued at approximately $2.5B as of Oct 2026 (last reported valuation).
  • It has raised $357.6M; the latest was Early Stage VC ($300.0M) in Nov 2025.
  • Notable investors include Alumni Ventures, Andreessen Horowitz, K5 Global, Battery Ventures, Jeff Dean — 51 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$2.5B

Function Health's last reported valuation, Nov 2025. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Function Health funding rounds

No rounds on record

No funding rounds for Function Health are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Function Health leadership

Function Health valuation

Function Health's last reported valuation was $2.5 billion in Nov 2025. No priced round, secondary trade or fund mark has surfaced since.

Function Health investors

51 investors are on record for Function Health, including Alumni Ventures, Andreessen Horowitz, K5 Global and Battery Ventures. By type, the record holds 15 venture capital firms, 2 growth equity firms and 1 asset manager.

Who runs Function Health

8 people are listed on the Function Health team: 7 executives and 1 advisor or observer, including Daniel Swerdlin (Founder) and Jonathan Swerdlin (Chief Executive Officer). 7 of them have a verified direct contact on file.

About Function Health

Developer of a health empowerment platform designed to empower individuals to pursue a lifetime of avoiding disease and feeling their healthy. The company offers routine whole-body lab testing, advanced imaging, and personalized insights from leading medical experts, enabling individuals focused on proactive health to own their health journey with predictive and protective data.

Sector
Healthcare
HQ
Austin, TX, United States
Founded
2022
Employees
29
Ownership
Privately Held (backing)

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