Function Health has secured a massive $298 million in Series B funding, propelling the health-tech company to a $2.5 billion valuation as it scales its preventive medicine platform.
Rapid Expansion of Diagnostic Services
The company is aggressively growing its physical footprint to support its mission of early disease detection. Function Scans, its specialized MRI service, currently operates across 130 locations. Management confirmed plans to scale this network to 200 centers by the end of 2025.
Broadening Access to Lab Testing
Beyond imaging, Function Health is leveraging strategic partnerships to streamline routine diagnostics. Members currently have access to lab testing services at 2,000 Quest Diagnostics locations nationwide. According to company data, the platform has successfully facilitated more than 50 million individual lab tests since its launch in 2023.
This article has been updated to reflect that Function members can access tests at 2,000 quest locations.
