Not sure I'd call what bash has functions. They're closer to subroutines in Basic than functions in other languages, as in you can't return a value from them (they can only return their exit code, and you can capture their stdout and stderr). But even then, they are full subshells. It's one of the reasons I don't really like Bash, you're forced into globally or at least broadly-scoped variables. Oh, and I have no clue right now how to find where in your pipe you got a non-null exit code.
It's not a big problem for simple scripting, but it makes things cumbersome once you try to do more.