New functions were also added to Google Sheets, some of which are exclusive to Google’s platform, and there are now more than 400 functions altogether that are supported in Google Sheets.

What is a Named function in Google Sheets? Named functions are similar to Google Sheets' built-in functions. The difference is that you create them and define what they do.

With new support for named functions, LAMBDA and helper functions, spreadsheet calculations — especially with arrays — may be more efficient and elegant.