Transforming the future of health tech, beginning with Function Health

We launched Cade Ventures on a mission to transform the future of health tech, empowering consumers to live their healthiest, longest lives. We are thrilled to announce our fund’s first  investment in Function Health, a company that embodies this transformative vision with their mission to enable you to live 100 healthy years.

We initially backed Function Health in their Seed+ round back in January 2024, and we were excited to see them secure their $53M Series A round in June, led by Andreesen Horowitz and accompanied by celebrity investors like Matt Damon, Zac Efron, and Ari Emmanuel. This latest round solidified Function as the fastest-growing health platform in the US.

Cade Ventures’ focus on transforming healthcare through technology is exemplified by Function Health’s innovative co-pilot approach, beginning with continuous, comprehensive lab testing. Function provides its members with testing of over 100 biomarkers - 5x more than a typical physical - and then translates those results into actionable insights, leveraging a mix of clinician and AI support. 

While our health system is constantly and sometimes slowly evolving, it is clear that the system is poised for change in how healthcare is delivered, where it's delivered, and what it's delivered for. Function Health is leading this change by shifting the focus from reactive symptom treatment to proactive root cause identification and empowering consumers to own their health. Function goes beyond existing AI health tools offering broad healthcare insights and beyond existing telehealth platforms offering remote visits with doctors; They have revolutionized personalized, continuous care by combining individual health data with expert-guided clinical research.

Since its inception, Function Health has facilitated over 5 million lab tests, detected critical health issues like ovarian cancer and heart failure risk, and enabled life-saving early interventions - and they’ve only just begun. With expanding capabilities in personalized health data and leveraging cutting-edge technology,  Function Health is poised to drive significant advances in areas like cardiac health, inflammation, and nutrition, ultimately improving health outcomes and impacting members’ lives.

Function Health is propelled by a powerhouse team, led by Dr. Mark Hyman, CEO Jonathan Swerdlin, COO Pranitha Patil, CTO Mike Nemke and CPO Seth Weisfeld, and they are backed by a powerhouse syndicate that we’re honored to be part of.

We invite you to join this groundbreaking movement by becoming a member or exploring career opportunities at Function. Together, we can envision and create a healthier, longer life for everyone.

Learn more at: https://www.functionhealth.com