When was Function Health founded?

Function Health was founded in 2022 and became a unicorn in 2025, reaching the milestone in 3 years. It raised its 1st funding round 2 years after its incorporation.

Where is Function Health located?

Function Health is headquartered in Austin, United States.

Who is the current CEO of Function Health?

Jonathan Swerdlin of Function Health. They have also founded 2 companies.

How many employees does Function Health have?

As of Sep 30, 2026, the latest employee count at Function Health is 556.

Is Function Health a funded company?

Function Health is a funded company, having raised a total of $351M across 3 funding rounds to date. The company's 1st funding round was a $53M Series A round, raised on Jun 25, 2024.

How much is Function Health worth?

The latest valuation of Function Health is $2.5B as of Nov 20, 2025.

When was the latest funding round of Function Health?

Function Health's latest funding was a $450M Conventional Debt round on Jul 30, 2026, with participation from 1 investor.

Is Function Health a Healthcare Booking Platforms company?

The primary sector of Function Health is Healthcare Booking Platforms.

Where does Function Health rank among its competitors?

Function Health ranks 1st amongst 53 active competitors, of which 11 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Function Health, which secured $450M in Jul, 2026.

Who are the top competitors of Function Health?

Function Health's top competitors include LetsGetChecked, Everlywell and Paloma. Among them, Function Health secured the most recent funding round in July, 2026.

Function Health - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Function Health operate in

Function Health serves in the HealthTech market segments.The primary business model of Function Health is:

HealthTech > Healthcare Booking Platforms > ***** **** > ***** ******

Company Details

Provider of comprehensive lab testing and health monitoring membership services. The company offers access to lab tests, results analysis, and personalized health protocols. Testing is conducted at partner laboratories. Clinicians review results and provide insights. The membership includes options for advanced imaging and additional testing services.

Website: www.functionhealth.com/
Social
Email ID: *****@functionhealth.com
Phone Number: +1 **********

Key Metrics

Founded Year

2022

Location

Austin, United States

Stage

Series B

Total Funding

$351M in 3 rounds

Latest Funding Round

Conventional Debt, Jul 30, 2026, $450M

Post Money Valuation

$2.5B as on Nov 20, 2025

Investors

Redpoint Ventures & 54 more

Ranked

1^st among 53 active competitors

Employee Count

556 as on Sep 30, 2026

Investment & Acquisitions

Supp & 2 more

Similar Companies

Orange Health & 194 more

View Function Health's full profile

Function Health is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FUNCTION HEALTH, INC. CIN: 7276368 , United States, Active	Mar 11, 2024	-	81 (As on Dec 31, 2024)	-

Function Health has raised a total funding of $351M over 3 rounds. Its first funding round was on Jun 25, 2024. Its latest funding round was a Conventional Debt round on Jul 30, 2026 for $450M. 1 investor participated in its latest round. Function Health has 37 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of Function Health:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 30, 2026	$450M	Conventional Debt	-	-	-	General Catalyst
Nov 19, 2025	$298M	Series B	$2.5B	-	Redpoint Ventures	Andreessen Horowitz, Aglae Ventures, Alumni Ventures, Blake Griffin, Battery Ventures, NFDG, Anthony Wood, Claire Hughes Johnson
Jun 25, 2024	$53M	Series A	-	-	Andreessen Horowitz	Wisdom VC, Draft Ventures, G9 Ventures, K5 Ventures, 53 Stations, Matt Damon, Ari Emanuel, Kevin Hart, Jayakar Shetty, Blake Griffin, Zac Efron, Casey Means, Ara Katz, Harvey Spevak, Harpreet Singh Rai, Jeff Dean, Embiid Ventures

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View details of Function Health's funding rounds and investors

The founders of Function Health are Jonathan Swerdlin, Dan Swerdlin, Seth Weisfeld and Mark Hyman. Jonathan Swerdlin is the CEO of Function Health.

Here are the details of Function Health's key team members:

Jonathan Swerdlin: Co-Founder & CEO of Function Health and founder of 3 other companies, Wisdom VC, Panama Video and Ocho.
Contact Info: 2 email addresses
Dan Swerdlin: Co-Founder & General Counsel of Function Health.
Contact Info: 1 email address
Seth Weisfeld: Co-Founder & Chief Design Officer of Function Health.
Contact Info: 1 email address
Mark Hyman: Co-Founder & Chief Medical Officer of Function Health.
Contact Info: 1 email address

View details of Function Health's Founder profiles and Board Members

Function Health's employee count trend

Function Health has 556 employees as of Sep 26. Here is Function Health's employee count trend over the years:

Employee count trend for Function Health

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Top competitors of Function Health include LetsGetChecked, Everlywell and Paloma. Here is the list of Top 10 competitors of Function Health, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Function Health 2022, Austin (United States), Series B	Provider of comprehensive lab testing and health monitoring membership services	$351M	Founders Circle Capital, K2 Global & 53 others	75/100
2nd	LetsGetChecked 2013, Dublin (Ireland), Series D	Online platform to order at home diagnostic tests for all health conditions	$285M	Casdin Capital, Qiming & 13 others	65/100
3rd	Everlywell 2014, Austin (United States), Funding Raised	Provider of home-based diagnostic tests for the detection of various diseases	-	Foresite Capital, Health Quest Capital & 14 others	60/100
4th	Paloma 2016, New York City (United States), Seed	Provider of diagnostic kit to manage hypothyroidism in individuals	$2.5M	Crosscut Ventures, SWS Venture Capital & 10 others	50/100
5th	Scanwell Health 2018, Anaheim (United States), Acqui-Hired	App for home-based kit enabled urine diagnosis	$3.65M	DCM Ventures, Liquid 2 Ventures & 14 others	49/100
6th	myLAB Box 2013, Los Angeles (United States), Seed	Provider of a platform to book STDs test kits	$560K	K5 Ventures, Pipeline Angels & 12 others	48/100
7th	Base 2020, New York City (United States), Seed	Provider of a mobile app for monitoring home tests for sleep, stress, diet & others	$4.4M	Amplifyher, Brooklyn Bridge Ventures & 9 others	47/100
8th	Everly Health 2015, Austin (United States), Series D	Provider of diagnostic testing services at home	$330M	Highland Capital Partners, Foresite Capital ... & 20 others	46/100
9th	SiPhox Health 2020, Burlington (United States), Series A	Provider of comprehensive at-home blood testing kits	$31.9M	Y Combinator, Khosla Ventures & 16 others	44/100
10th	aura 2022, New York City (United States), Unfunded	Online platform offering at-home health check services	-	-	43/100

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Function Health has acquired 3 companies including Supp, Getlabs and Ezra. Function Health has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 12, 2026	Acquisition	Supp		New York (United States)
Apr 08, 2026	Acquisition	Getlabs	2018	Santa Monica (United States)
May 05, 2025	Acquisition	Ezra	2018	New York City (United States)