Who owns Function Health Company? We break down the founders, key investors like Andreessen Horowitz, and what its private ownership means for you.
Function Health is a privately held company, meaning you can't buy its stock on the open market like a public corporation. It was co-founded by two key figures: functional medicine expert Dr. Mark Hyman and entrepreneur Jonathan Swerdlin.
So, who actually owns the company? The ownership is distributed among the founders, a number of early employees holding equity, and the major venture capital firms that have funded its growth, such as Redpoint Ventures and Andreessen Horowitz.
Disclaimer: This article is for informational purposes only and is not a substitute for professional medical advice. Please consult with a healthcare provider for any medical concerns or before making any significant changes to your lifestyle or health regimen.
Understanding who is behind Function Health provides a clearer picture of its mission and overall reliability. As a private company, its shares are held by a select group: the visionary founders, dedicated employees with equity, and strategic investors who provide capital for growth.
This structure is typical for a rapidly growing tech startup aiming to scale. Function Health was founded in 2022 and has since attracted significant funding to fuel its goal of making comprehensive health data accessible to everyone. Recent reports indicate the company has raised substantial capital, with ownership split between its founders, staff, and a mix of institutional and individual investors. You can dig deeper into their latest funding rounds and valuation to learn more.
Ownership can be broken down into three main categories:
To provide a clearer sense of how these roles intersect, here is a summary of the key players involved.
This table illustrates how the ownership structure is a blend of medical expertise, employee dedication, and strategic financial backing.
The chart below helps visualize this structure, showing how the founders, employees, and investors all contribute to the company's foundation.
This setup is designed to maintain the company's medical integrity while providing the financial resources it needs to grow and innovate responsibly.
To truly understand Function Health, it's essential to look at the individuals guiding its mission. The company is a strategic partnership between Dr. Mark Hyman, a prominent figure in functional medicine, and Jonathan Swerdlin, an entrepreneur with a history of building successful companies. This collaboration is key to understanding who owns Function Health and the philosophy that drives it.
Dr. Hyman brings decades of clinical experience and a clear mission: to shift healthcare from a reactive, symptom-based model to one focused on proactive prevention. His approach, detailed in his bestselling books and his work with institutions like the Cleveland Clinic, is centered on identifying the root causes of disease. An article published in the peer-reviewed journal Integrative Medicine highlights this patient-centered philosophy, which aligns with Function Health's goal of giving people direct access to their own health data.
While Dr. Hyman provides the medical vision, Jonathan Swerdlin brings the business and technological expertise required to make it accessible. His background in building and scaling companies is crucial for creating a platform that is not only medically sound but also user-friendly and scalable. It is this combination of deep medical knowledge and sharp entrepreneurial skill that forms the company's backbone.
Their shared goal is to provide people with the information they need to take charge of their health long before symptoms of illness appear. This represents a significant departure from traditional healthcare, which often intervenes only after a problem has developed.
This screenshot from their "About" page captures their joint mission.
The image and their messaging emphasize their belief in a new, more empowered approach to managing personal health. Their leadership influences every aspect of the company, from the types of lab tests offered to the user dashboard design, ensuring the entire platform remains true to its core mission of prevention.
For an ambitious company like Function Health, venture capital is essential fuel for growth. This type of funding is more than just money; it is a significant vote of confidence from experienced investors. It signals a belief in the company's vision for proactive healthcare. Without this backing, expanding services and improving technology would proceed at a much slower pace.
A company’s ability to attract top-tier investors often reflects the strength of its leadership and business model. Function Health has secured major funding from firms known for identifying and supporting innovative tech and health startups. This financial runway is critical for research and development, talent acquisition, and operational scaling.
When examining who owns a piece of Function Health, you will find some of the most respected names in venture capital. Firms like Redpoint Ventures and Andreessen Horowitz (a16z) are known for their rigorous evaluation processes. Their investment indicates they see a significant opportunity in making comprehensive health testing accessible to the mainstream.
These firms contribute more than just capital; they offer strategic advice, industry connections, and deep operational expertise. This partnership is vital for navigating the complex healthcare market and scaling the platform efficiently, ensuring the company can meet growing demand.
The company's most recent Series B funding round was a major milestone. Led by Redpoint Ventures, it also included prominent investors like Andreessen Horowitz, Battery Ventures, and Aglaé Ventures. This round reportedly raised the company’s valuation, a clear sign of strong investor confidence. You can read more about the funding details and its implications for the health tech industry.
For anyone using Function Health, this strong financial foundation translates into tangible benefits:
Ultimately, understanding who owns Function Health is not just about a list of names. It is about recognizing the crucial role its financial backers play in turning the founders' vision into a reality, ensuring the platform has the resources to make a meaningful difference in proactive health.
When sharing personal health data, understanding who is behind a company is not just a business question—it is a matter of trust.
For a venture-backed company like Function Health, its ownership structure directly influences its approach to privacy and security. The significant funding it has raised is not just for growth; it also enables substantial investments in the technology required to protect sensitive information.
Reputable health tech companies build their platforms on a foundation of privacy. This means they must adhere to strict legal and ethical regulations designed to protect patient information. In the United States, a primary regulation is the Health Insurance Portability and Accountability Act (HIPAA). This federal law sets a national standard for protecting sensitive patient health information from being disclosed without the patient's consent or knowledge.
Because Function Health is owned by established venture firms and respected founders, it has a reputation to uphold. This backing incentivizes the implementation of advanced security measures, such as data encryption both in transit and at rest, along with strict access controls to limit who can view your information.
The company has also attracted investments from well-known individuals, including NBA athletes and tech founders. This diverse group of investors signals broad confidence in the company’s ethical operations and governance. You can discover more insights about the company's funding to see why it is attracting attention from various fields.
Your personal health data is one of your most valuable assets. Ensuring its protection should be a top priority when choosing any health service.
Ultimately, confidence in a service depends on its transparency and adherence to privacy regulations. It is always a prudent step to review a company's privacy policy to understand exactly how your data is handled. For example, you can see how apps like HeartFit protect user data by reviewing their detailed privacy policy and commitment to security.
Disclaimer: This article is for informational purposes only and is not a substitute for professional medical advice. Always consult a healthcare provider before making any changes to your lifestyle or health regimen.
Function Health provides a detailed look at your internal health with its lab tests, but those numbers are just one piece of a much larger puzzle. To truly understand your health, you need to connect those lab results with your day-to-day life.
Think of it this way: your lab report is a single snapshot in time. Your daily habits—what you eat, how you sleep, how much you move—are the context that created that picture.
When you pair your bloodwork with data on sleep quality, activity, nutrition, and even stress levels, you begin to see meaningful connections. This allows you to draw a clearer line from your choices to their biological consequences. The Centers for Disease Control and Prevention (CDC) has long emphasized that regularly tracking metrics like blood pressure is vital for health management, and that same principle applies here on a broader scale.
This integrated approach helps you spot patterns that might otherwise be missed. For instance, observing an inflammatory marker spike after a week of poor sleep and high stress is not just a data point; it is a clear, actionable insight. A well-backed company like Function Health has the stability to build the seamless, secure integrations needed to make this holistic view a reality.
To begin building a complete health narrative, you'll need effective tools. The apps below are designed for monitoring your daily inputs, creating a rich dataset that gives your lab results the context they deserve.
Here are some of the best apps for this purpose:
Using tools like these can transform isolated numbers into a dynamic story of your well-being. It is the difference between knowing a single fact and understanding the entire plot.
To dive deeper into what these tests offer, take a look at our complete guide on whether Function Health's blood testing is worth it.
Disclaimer: This article is for informational purposes only and is not a substitute for professional medical advice. Always consult a healthcare provider for any health concerns or before making changes to your health regimen.
Let's address a few common questions about Function Health's structure, its founders, and what its funding means for its members. Understanding these details helps clarify who is behind the company.
No, Function Health is a privately held company. This means it is not listed on public stock exchanges like the NYSE or NASDAQ. Instead, ownership is distributed among the co-founders, employees who hold equity, and the private venture capital firms that have funded its growth.
Dr. Mark Hyman is a co-founder and serves as the Chief Medical Officer. His extensive background in functional medicine is the foundation for the company's clinical approach, including the specific tests offered. While investors provide capital, Dr. Hyman's medical vision guides the company's mission of proactive, root-cause health analysis.
Venture capital funding provides a company like Function Health with the resources to grow. This capital allows them to invest in their technology, expand scientific research, and improve the overall user experience. For members, this often translates to a more refined platform, the addition of more biomarkers to testing panels, and more sophisticated health insights. It also signals that the company is built for long-term stability. To get a well-rounded view, it's always helpful to read what actual users are saying in Function Health customer reviews.
According to the Institute for Functional Medicine, functional medicine is a patient-centered approach that focuses on identifying and addressing the root cause of disease. It views the body as an integrated system, rather than a collection of independent organs, and considers the effects of lifestyle, environment, and genetics on long-term health.
Like any company handling sensitive medical information in the U.S., Function Health must comply with HIPAA regulations. This involves implementing technical, physical, and administrative safeguards to protect your data. Measures typically include data encryption, secure servers, and strict access controls. Always review the company’s official privacy policy for specific details.
Summary of Key Points
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