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Function Health secured $298 million in Series B funding at a $2.5 billion valuation, led by Redpoint Ventures and joined by notable investors. The company aims to revolutionize health data management by integrating AI to provide personalized insights. Its Medical Intelligence Lab, developed with doctor input, offers an AI chatbot that analyzes lab results and medical records. Function emphasizes HIPAA compliance and data encryption to protect user privacy. The platform differentiates itself through device-agnostic integration of lab testing and clinical insights.
Key facts
- Function Health raised $298 million in Series B funding, bringing total capital to $35,000,000.
- The Medical Intelligence Lab uses generative AI trained by doctors to deliver personalized health insights.
- The AI chatbot accesses lab results, doctor notes, and scans to provide tailored health guidance.
- The platform meets HIPAA standards and encrypts user data to ensure privacy and security.
- Function Health’s device-agnostic approach combines lab testing, diagnostics, and clinical insights.
