Function, an Austin TX-based provider of a platform that manages lifelong health, closed a Series A funding.
The round, which brought the total amount to $53M, was led by Andreessen Horowitz (a16z) Bio + Health with support from the a16z Cultural Leadership Fund. Additional investors included Wisdom.vc, Draft Ventures, K5, G9 Ventures, 53 Stations, 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, Jeff Dean, and others.
The company intends to use the funds to scale its technology, increasing access to whole-body testing and empowering more people to take control of their health.
Function is a health platform including 100+ lab tests, helping individuals understand their whole body—from heart and hormones to thyroid, nutrients, toxins, autoimmunity, immunity, and beyond. Results are displayed in a digestible dashboard, complete with a detailed summary from a clinician. All results and insights are continuously tracked and securely stored in Function’s platform, allowing individuals to uncover trends and watch health transformations over time. Since launching in beta in 2023, the company has amassed nearly 50,000 members, and 200,000+ people have joined the waitlist.
The founding team at Function include Mark Hyman MD, Pranitha Patil, Jonathan Swerdlin, Mike Nemke, Seth Weisfeld, and Daniel Swerdlin.
FinSMEs
26/06/2024