This paper proposes a new relationship between thermal conductivity and degree of saturation of unsaturated soils, referred to as the thermal conductivity function (TCF). The new sigmoidal relationship between thermal conductivity and degree of saturation was developed so that all parameters have a physical meaning. After calibration of the model using data from the literature and comparison with other available TCFs, the parameters of the new TCF were related to those of the soil-water retention curves for the soils investigated in the calibration process. The linkage between the parameters of the TCF and SWRC indicates that the parameters reflect the point of air entry and pore size distribution of the soil, as well as the maximum and minimum thermal conductivity values encountered at saturated and dry conditions, respectively.