Function, an Austin, TX-based health platform, has closed its Series A funding round, bringing the total amount raised to $53 million. The round was led by Andreessen Horowitz (a16z) Bio + Health, with additional support from the a16z Cultural Leadership Fund. Other notable investors include Wisdom.vc, Draft Ventures, K5, G9 Ventures, and a host of prominent individuals such as Matt Damon, Ari Emanuel, Kevin Hart, Embiid Ventures, Jay Shetty, Blake Griffin, Zac Efron, Jimmy Rollins, Colin Kaepernick, Dr. Casey Means, Pedro Pascal, Ara Katz, Harvey Spevak, Harpreet Singh Rai, and Jeff Dean.
Company Overview
Function provides a comprehensive health platform that manages lifelong health by offering over 100 lab tests. These tests help individuals understand various aspects of their body, including heart health, hormones, thyroid, nutrients, toxins, autoimmunity, and immunity. The platform presents results in a user-friendly dashboard accompanied by a detailed summary from a clinician. All results and insights are continuously tracked and securely stored, enabling users to identify trends and monitor health transformations over time.
Since its beta launch in 2023, Function has garnered nearly 50,000 members and amassed a waitlist of over 200,000 individuals.
Founding Team
The founding team of Function includes:
- Mark Hyman MD
- Pranitha Patil
- Jonathan Swerdlin
- Mike Nemke
- Seth Weisfeld
- Daniel Swerdlin
Use of Funds
The newly raised funds will be utilized to scale Function’s technology, increasing access to whole-body testing and empowering more people to take control of their health.
CEO’s Vision
The founders of Function emphasize the platform’s goal to revolutionize health management by providing comprehensive and continuous insights into individuals’ health. With the support of leading investors and a growing user base, Function aims to make whole-body health testing more accessible and actionable for everyone.
With this Series A funding, Function is well-positioned to enhance its technology, expand its reach, and continue its mission to empower individuals to take control of their lifelong health.
