diff --git a/CHANGELOG.md b/CHANGELOG.md
index b1a0937a9b..129f6fdad3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -18,6 +18,7 @@ This project adheres to [Semantic Versioning](https://semver.org/).
 * Do not force blank line before function in right hand side of assignment `blank-line-before-declaration` [#2260](https://github.com/pinterest/ktlint/issue/2260)
 * Ignore override of function in rule `function-naming` [#2271](https://github.com/pinterest/ktlint/issue/2271)
 * Do not replace function body having a return statement only in case the return statement contains an intermediate exit point 'function-expression-body' [#2269](https://github.com/pinterest/ktlint/issue/2269)
+* Ignore function naming in Kotest classes `function-naming` [#2289](https://github.com/pinterest/ktlint/issue/2289)
 * Prevent wrapping of nested multiline binary expression before operation reference as it results in a compilation error `multiline-expression-wrapping` [#2286](https://github.com/pinterest/ktlint/issue/2286)
 * Force blank line before object declaration if preceded by another declaration `blank-line-before-declaration` [#2284](https://github.com/pinterest/ktlint/issues/2284)
 
diff --git a/ktlint-ruleset-standard/src/main/kotlin/com/pinterest/ktlint/ruleset/standard/rules/FunctionNamingRule.kt b/ktlint-ruleset-standard/src/main/kotlin/com/pinterest/ktlint/ruleset/standard/rules/FunctionNamingRule.kt
index fb1623ebbb..b5d4142a0e 100644
--- a/ktlint-ruleset-standard/src/main/kotlin/com/pinterest/ktlint/ruleset/standard/rules/FunctionNamingRule.kt
+++ b/ktlint-ruleset-standard/src/main/kotlin/com/pinterest/ktlint/ruleset/standard/rules/FunctionNamingRule.kt
@@ -52,19 +52,15 @@ public class FunctionNamingRule :
             (node.psi as KtImportDirective)
                 .importPath
                 ?.pathStr
-                ?.takeIf {
-                    it.startsWith(ORG_JUNIT) || it.startsWith(ORG_TESTNG) || it.startsWith(KOTLIN_TEST)
-                }?.let {
-                    // Assume that each file that imports a Junit Jupiter Api class is a test class
-                    isTestClass = true
-                }
+                ?.takeIf { importPathString -> TEST_LIBRARIES_SET.any { importPathString.startsWith(it) } }
+                ?.let { isTestClass = true }
         }
 
         node
             .takeIf { node.elementType == FUN }
             ?.takeUnless {
                 node.isFactoryMethod() ||
-                    node.isTestMethod() ||
+                    node.isMethodInTestClass() ||
                     node.hasValidFunctionName() ||
                     node.isAnonymousFunction() ||
                     node.isOverrideFunction() ||
@@ -87,7 +83,7 @@ public class FunctionNamingRule :
         (this.psi as KtFunction)
             .let { it.hasDeclaredReturnType() && it.name == it.typeReference?.text }
 
-    private fun ASTNode.isTestMethod() = isTestClass && hasValidTestFunctionName()
+    private fun ASTNode.isMethodInTestClass() = isTestClass && hasValidTestFunctionName()
 
     private fun ASTNode.hasValidTestFunctionName() =
         findChildByType(IDENTIFIER)
@@ -159,9 +155,13 @@ public class FunctionNamingRule :
 
         private val VALID_FUNCTION_NAME_REGEXP = "[a-z][A-Za-z\\d]*".regExIgnoringDiacriticsAndStrokesOnLetters()
         private val VALID_TEST_FUNCTION_NAME_REGEXP = "(`.*`)|([a-z][A-Za-z\\d_]*)".regExIgnoringDiacriticsAndStrokesOnLetters()
-        private const val KOTLIN_TEST = "kotlin.test"
-        private const val ORG_JUNIT = "org.junit"
-        private const val ORG_TESTNG = "org.testng"
+        private val TEST_LIBRARIES_SET =
+            setOf(
+                "io.kotest",
+                "kotlin.test",
+                "org.junit",
+                "org.testng",
+            )
     }
 }
 
diff --git a/ktlint-ruleset-standard/src/test/kotlin/com/pinterest/ktlint/ruleset/standard/rules/FunctionNamingRuleTest.kt b/ktlint-ruleset-standard/src/test/kotlin/com/pinterest/ktlint/ruleset/standard/rules/FunctionNamingRuleTest.kt
index 50b6ca761e..4d8563c355 100644
--- a/ktlint-ruleset-standard/src/test/kotlin/com/pinterest/ktlint/ruleset/standard/rules/FunctionNamingRuleTest.kt
+++ b/ktlint-ruleset-standard/src/test/kotlin/com/pinterest/ktlint/ruleset/standard/rules/FunctionNamingRuleTest.kt
@@ -84,6 +84,7 @@ class FunctionNamingRuleTest {
         @ParameterizedTest(name = "Junit import: {0}")
         @ValueSource(
             strings = [
+                "io.kotest.*",
                 "org.junit.jupiter.api.Test",
                 "org.junit.jupiter.api.*",
                 "org.junit.jupiter.*",