#USA #Austin #AI Healthcare #Function Health #Medical Intelligence

Function Sets a New Standard in Healthcare

In a monumental advancement for healthcare, Function has established itself as a game changer with a staggering valuation of $2.5 billion. The company is on a mission to revolutionize how we approach our health, emphasizing not only the quality of life but also its duration. This ambitious initiative aims to empower individuals to take control of their health and to live robust and healthy lives for a century.

By securing an oversubscribed Series B funding round of $298 million, Function is blending advanced technologies with medical expertise to develop a comprehensive operating system for health. Its signature offering, a membership that provides access to over 160 lab tests, is designed to equip members with deep insights into their dynamic health conditions. This is not just a service; it’s a stepping stone toward a brighter, healthier future. By fostering awareness and understanding of personal health metrics, Function is making strides in creating a culture of proactive health management.

Recently, Function took a significant leap in democratizing healthcare. The annual membership fee has been reduced to $365 a mere dollar a day allowing an even broader audience to benefit from these transformative health tools. This accessibility is paramount, as it enables people from various backgrounds to engage with their health actively. In just two years, members have conducted over 50 million lab tests, indicating a strong embrace of this new approach to health management.

In a bid to further push the boundaries of healthcare, Function has unveiled its Medical Intelligence Lab (MI Lab). This innovative facility, co-directed by renowned clinicians and technologists, intends to harness AI to create deep and personalized medical insights for each individual. The MI Lab's primary focus is to synthesize data from lab tests, imaging, and wearables, merging it with cutting-edge global medical research. The goal is straightforward yet profound: to uncover signals from our biology that may indicate future health issues while they are still manageable.

Healthcare has traditionally been reactive, responding to diseases that have already manifested. The MI Lab represents a shift toward predictive healthcare, recognizing patterns and biomarkers that are often overlooked until it’s too late. By connecting fragmented pieces of health data, Function is unveiling previously invisible health trajectories, providing insights that can lead to timely interventions and potentially save lives.

Membership benefits are set to expand with three new AI-powered capabilities:

1. Private AI Chat: Members can ask health-related questions and receive tailored responses informed by their personal health data, offering actionable insights based on current conditions.
2. Protocols: This feature simplifies complex health data into understandable steps, making it easy for members to implement health recommendations.
3. Upload Health Records: Members can securely upload previous health records, enhancing the functionality of the AI Chat and Protocols with historical context.

Mark Hyman, MD, Chief Medical Officer at Function, commented, “In my career, I have never encountered a system as effective as Function’s. It offers an unparalleled depth of insight.” The sentiment resonates with Function's vision – that healthcare should empower individuals rather than merely react to ailments.

In line with its growth and innovation trajectory, Function has recruited top talent for its MI Lab leadership. Dr. Daniel K. Sodickson, renowned for his contributions to predictive modeling in radiology, has taken the helm as Chief Medical Scientist. Additionally, Dr. Tiffany Lester has joined as Women’s Health Medical Director, and Neil Shah has signed on as Chief Operating Officer, bringing vast operational expertise to the team.

Supporting Function's ambitious vision are notable investors across various sectors. From celebrities like Matt Damon to sports figures like NBA's Joel Embiid, the backing reflects a broad belief in Function’s transformative potential. Elliot Geidt, Managing Director at Redpoint, expressed the urgency of Function’s mission from a personal perspective, stating, “As a father, I had to invest once I saw what Function can achieve.”

As healthcare enters a new era, Function emerges at the forefront of this revolution. By combining technology with medical intelligence, Function is setting a new standard for understanding and managing personal health. The immediate aim is to shift from a reactive to a proactive health culture, embracing technologies that grant individuals the power to influence their well-being positively. For more information on Function's revolutionary approach, visit www.functionhealth.com.