"The Austin-based company, which launched in 2023, has now raised more than $350 million. After reaching unicorn status, Function will continue to focus on helping people live longer, healthier lives, according to CEO Jonathan Swerdlin. "The current system focuses on acute care, and it's miraculous for that. If you break your arm or need surgery, it's exactly where you want to be. However, it's missing the key data points and integrated, whole-body solutions people need to stay healthy," he stated."
"He noted that nearly half of deaths in the U.S. result from preventable diseases, yet most healthcare data lives in silos and is generated only when something goes wrong. People don't want to be left in the dark about their own wellbeing - they desire ownership of their health, Swerdlin pointed out. "And this isn't just for biohackers or elite individuals. This is an eight-billion-person problem," he declared."
Function Health is an Austin-based preventive health platform that provides subscribers access to more than 160 lab tests and optional imaging. The company closed a $298 million Series B at a $2.5 billion valuation and has raised over $350 million since launching in 2023. Function charges $365 annually for access to tests covering hormones, heart health, immunity, metabolism, liver and kidney function, thyroid and nutrients, with MRI and CT scans available at additional cost. Members have completed over 50 million lab tests and receive clinician overviews, personalized nutrition and lifestyle plans, clinician outreach for concerning results, and downloadable reports in the app.
Read at MedCity News
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