Function Health Funding: $350M Raised, Series B (2025)

Function Health is a Healthtech company based in Austin, Texas. It has raised $350M in total funding. Latest round: Series B.

Function Health funding overview

Function Health is a Healthtech company based in Austin, Texas. Function Health has raised $350M in total disclosed funding. That places its disclosed total in the $250M–$1B range. Its most recent disclosed round is a Series B announced in November 2025. The round record for Function Health runs through 2025; nothing later has been disclosed. Investors on record include a16z, Redpoint Ventures, Matt Damon, Kevin Hart, Aglaé··Ventures, Alumni Ventures and 6 others. 12 distinct backers are named across the disclosed rounds.

Function Health at a glance

Total raised
$350M
Latest round
Series B
Latest round date
November 2025
Industry
Healthtech
Headquarters
Austin, Texas
Notable investors
a16z, Redpoint Ventures, Matt Damon, Kevin Hart, Aglaé··Ventures, Alumni Ventures, Battery Ventures, NFDG

Frequently asked about Function Health funding

How much has Function Health raised?
Function Health has raised $350M in total disclosed funding across the rounds on record.
Who has invested in Function Health?
a16z, Redpoint Ventures, Matt Damon, Kevin Hart, Aglaé··Ventures, Alumni Ventures are named among the investors backing Function Health.
What was the latest Function Health funding round?
The most recent disclosed round is a Series B, announced in November 2025.
Where is Function Health based?
Function Health is based in Austin, Texas.
What sector does Function Health operate in?
Function Health is tracked under Healthtech from Austin, Texas, with $350M in disclosed funding.
When did Function Health last raise?
The last disclosed Function Health round closed in November 2025 at Series B.

Every Function Health figure above comes from filings and announced rounds in the StartupFundraising company database and is revised as new rounds are recorded. The lists below compare Healthtech companies in Austin at a similar stage.

Function Health founders (1)

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