Function

Function is a provider of a personalized health intelligence and diagnostic lab platform. From its funding announcement.

$450M GrowthRaised 2 months agoNYC, USAHealthcare & MedtechUSA
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In their own words

What Function says it is doing

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Public signal Described in the funding announcement as "provider of a personalized health intelligence and diagnostic lab platform". Source

Market expansionProduct

Public signal Read from the company's own description of what the funding supports.

Why now

Where Function is today

Function announced a funding round of $450M on 4 August 2026, led by General Catalyst's Customer Value Fund.

Latest round
Growth
Amount
$450M
Announced
4 August 2026
Headquarters
NYC, USA
Sector
Healthcare & Medtech
Investors
Also participating
Not stated
Relevant leadership
CEO Jonathan Swerdlin

Momentum AfterRaise intelligence

AfterRaise Score

69
Building momentum
1 funding signal in the last 90 days
Funding recency
28/40
announced within the last 90 days
Round scale
25/25
round size relative to the market
Funding stage
16/20
Growth
Funding cadence
0/15
one funding event tracked this year
Arriving with the signals layer
  • Hiring momentum Open roles and hiring pace
  • Market expansion New offices and new countries
  • Leadership Executive appointments
  • Product activity Launches and releases

Since the raise

What has happened since

  • 4 August 2026
    $450M Growth
    Led by General Catalyst's Customer Value Fund.

Public signal The timeline currently holds funding events, because those are the signals AfterRaise observes today. Hiring, leadership, expansion and product events join it with the signals layer.

What may happen next

What this raise could create

AfterRaise intelligenceNot a statement of fact

What may happen next

  • New market entry
  • First local hires in the new market
  • Local entity and legal setup
  • Product launches and new tiers

Opportunities this could create

  • Provider partnerships
  • Market-entry advisers
  • Local employment infrastructure
  • In-market partnerships
  • Product leadership

Based on the Healthcare & Medtech sector, a Growth round and the priorities the company itself set out. Not a statement of fact.

Medium momentum3 connected signals
  • 4 August 2026$450M Growth announced
  • 4 August 2026Stated priority: market expansion
  • 4 August 2026Stated priority: product

High momentum means several meaningful company changes have occurred in a short period. Signals here are funding events and the priorities the company stated; hiring, leadership and expansion detection join with the signals layer.

Open to

What Function is open to

Not yet specified

Function has not told AfterRaise which approaches it welcomes. Until it does, we do not assume. Offers to help are held and shown to the company, and the company decides whether to open a conversation.

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Opportunities

Ways to work with Function

No open opportunities listed

Jobs, projects, partnerships, advisory and supplier needs appear here once the company has claimed its page and published them, and any role we read from its own job board appears automatically.

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Helpful contributors

People who have contributed here

Nobody yet

When someone offers help and the company says it was useful, they appear here. Reputation on AfterRaise is built from contributions the company confirmed, not from follower counts.

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Also moving

Other Healthcare & Medtech companies

See the sector