Function Health Raised $450M – What the Biggest Healthtech Round of August 2026 Says About the Sector
Function Health raised $450 million in growth financing on July 31, 2026, from General Catalyst’s Customer Value Fund (CVF). The round is not a traditional equity raise – it is a revenue-share structure that finances Function’s sales and marketing spend and pays back General Catalyst out of the customer revenue that spend generates. The deal […]
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