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Function Secures $298M Series B Funding Led by Redpoint Ventures
Series BVenture Capital

Function Secures $298M Series B Funding Led by Redpoint Ventures

•November 24, 2025
•Nov 24, 2025
0

Participants

Function

Function

company

Redpoint Ventures

Redpoint Ventures

investor

Why It Matters

The sizable funding validates Function’s business model and provides resources to broaden its market reach, intensifying competition in the digital health space and signaling strong investor appetite for scalable health‑tech solutions.

Deal Summary

Austin-based health startup Function announced it has closed a $298 million Series B round, led by Redpoint Ventures, raising its valuation to $2.5 billion. The capital will be used to expand its health platform and accelerate product development.

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