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Function secures $10 million seed round led by Galaxy Digital, with participation from Antalpha and Mantle, to enhance its blockchain yield solutions.

Jul 15, 202518 days ago

Amount Raised

$10 Million

Round Type

seed

AustinHealth Care

Investors

MantleAntalphaGalaxy Digital

Description

Function has successfully completed a $10 million seed funding round led by Galaxy Digital. This funding will support the development of its institutional-grade yield solutions for Bitcoin and accelerate its expansion. The investment highlights the confidence in blockchain technology and addresses the needs of institutions engaging with Bitcoin. Galaxy Digital's participation underscores the potential of Function's innovative projects.

Company Information

Company

Function Health

Location

Austin, Texas, United States

About

Function Health is a revolutionary health management platform dedicated to empowering individuals to achieve 100 healthy years through proactive health solutions. With access to a comprehensive list of lab tests, including the innovative Galleri test for early cancer detection, Function Health aims to transform cancer care and facilitate better health outcomes. The platform fuses state-of-the-art data science with personalized health insights. Function Health is committed to educating and equipping its members with the tools necessary for early disease detection and management.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech