An Azure service that is used to collect, analyze, and act on telemetry data from Azure and on-premises environments.
I'm pretty sure I've had to add this value for it to work in the app settings - I know it's for storage in the docs but seemed to light everything up when using private endpoints for the Functions.
WEBSITE_CONTENTOVERVNET = 1
If that works, feel free to mark as the accepted answer so others can know too!