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Function Health

Function Health is a consumer health company based in Austin, United States, founded in 2021. Membership lab testing and health tracking platform. It was valued at $2.5bn on 19 November 2025 (Series B funding round ($298m)), which makes it a unicorn in the 311 Unicorn Index.

Part of the 311 Unicorn Index (311institute.com). Last updated .

$2.5bnValuation
19 Nov 2025As of
Austin, United StatesHeadquarters
2021Founded
Consumer healthSector
Unicorn311 status
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$2.5bn ยท Series B funding round ($298m)
Source: TechCrunch

About Function Health

Membership lab testing and health tracking platform. Lead investors in its latest round: Redpoint Ventures. Website: functionhealth.com.

How this figure is calculated

The valuation set by the latest priced funding round or company-run share sale, as announced by the company or its lead investor, or reported by a major news organisation. Figures in other currencies are converted at the rate on the day of the round. Talks that have been reported but not closed do not count.

Related

Other unicorns in United States

Questions and answers

How much is Function Health worth?

Function Health was valued at $2.5bn on 19 November 2025 (Series B funding round ($298m)), according to the 311 Unicorn Index.

Where is Function Health based?

Function Health is headquartered in Austin, United States.

When was Function Health founded?

Function Health was founded in 2021.

What does Function Health do?

Membership lab testing and health tracking platform.

Is Function Health a unicorn?

Yes. Function Health is a privately held company valued at $1 billion or more, so it is a unicorn in the 311 Unicorn Index.

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