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Function Health - About the company

Function Health is a series B company based in Austin (United States), founded in 2022 by Jonathan Swerdlin, Pranitha Patil, Mark Hyman, Seth Weisfeld, Mike Nemke and Dan Swerdlin. It operates as a Provider of comprehensive lab testing and health monitoring membership services. Function Health has raised $351M in funding from Redpoint Ventures and Andreessen Horowitz, with a current valuation of $2.5B. The company has 51 active competitors, including 10 that are funded. Its top competitors include companies like LetsGetChecked, Everlywell and Base.

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:

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.
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Email ID
*****@functionhealth.com
Phone Number
+1 **********
Key Metrics
Founded Year
2022
Location
Austin, United States
Stage
Series B
Total Funding
$351M in 2 rounds
Latest Funding Round
Post Money Valuation
$2.5B as on Nov 20, 2025
Ranked
Employee Count
472 as on Apr 30, 2026
Investment & Acquisitions
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Function Health's funding and investors

Function Health has raised a total funding of $351M over 2 rounds. Its first funding round was on Jun 25, 2024. Its latest funding round was a Series B round on Nov 19, 2025 for $298M. 9 investors participated in its latest round. Function Health has 35 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of Function Health:
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Function Health's founders and board of directors

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The founders of Function Health are Jonathan Swerdlin, Pranitha Patil, Mark Hyman, Seth Weisfeld, Mike Nemke and Dan Swerdlin. Jonathan Swerdlin is the CEO of Function Health.
Here are the details of Function Health's key team members:

Function Health's employee count trend

Function Health has 472 employees as of Apr 26. Here is Function Health's employee count trend over the years:
Employee count trend for Function Health
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Function Health's Competitors and alternates

Top competitors of Function Health include LetsGetChecked, Everlywell and Base. 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
Logo for Function Health
Function Health
2022, Austin (United States), Series B
Provider of comprehensive lab testing and health monitoring membership services
$351M
72/100
2nd
Logo for LetsGetChecked
LetsGetChecked
2013, Dublin (Ireland), Series D
Online platform to order at home diagnostic tests for all health conditions
$285M
69/100
3rd
Logo for Everlywell
Everlywell
2014, Austin (United States), Funding Raised
Provider of home-based diagnostic tests for the detection of various diseases
-
60/100
4th
Logo for Base
Base
2020, New York City (United States), Seed
Provider of a mobile app for monitoring home tests for sleep, stress, diet & others
$4.4M
50/100
5th
Logo for Paloma
Paloma
2016, New York City (United States), Seed
Provider of diagnostic kit to manage hypothyroidism in individuals
$2.5M
50/100
6th
Logo for SiPhox Health
SiPhox Health
2020, Burlington (United States), Series A
Provider of comprehensive at-home blood testing kits
$31.9M
49/100
7th
Logo for Scanwell Health
Scanwell Health
2018, Anaheim (United States), Acqui-Hired
App for home-based kit enabled urine diagnosis
$3.65M
49/100
8th
Logo for myLAB Box
myLAB Box
2013, Los Angeles (United States), Seed
Provider of a platform to book STDs test kits
$560K
48/100
9th
Logo for Everly Health
Everly Health
2015, Austin (United States), Series D
Provider of diagnostic testing services at home
$330M
46/100
10th
Logo for 5Strands
5Strands
2018, Lawrenceville (United States), Unfunded
Provider of diagnostic test for determining temporary imbalances for food and environmental intolerance
-
-
41/100
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Function Health's Investments and acquisitions

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
New York (United States)
Apr 08, 2026
Acquisition
2018
Santa Monica (United States)
May 05, 2025
Acquisition
2018
New York City (United States)
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Reports related to Function Health

Here is the latest report on Function Health:

News related to Function Health

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Media has covered Function Health for a total of 8 events in the last 1 year, 3 of them have been about company updates.
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FAQs about Function Health

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