Thatch
An all-in-one platform that makes it easy to offer the most personalized healthcare experience to your employees
San Francisco, United States · Founded 2021 · $78.0M raised
- Headquarters
- San Francisco, California
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- thatch.com
- Total Funding
- $78.0M
- Last Round
- $40.0M Series BApr 2025
- Rounds
- 2
About
Thatch is a San Francisco-based financial technology company that modernizes employer-sponsored health benefits through Individual Coverage Health Reimbursement Arrangements (ICHRA). Employers set a tax-free monthly healthcare budget and employees use that allowance to choose their own individual insurance plans and wellness benefits through the Thatch platform and marketplace. The company integrates with major payroll providers including ADP and serves over 2,000 employers. Backed by a16z, Google Ventures, and General Catalyst, Thatch raised $38 million in September 2024.
Summary
Thatch is a HR Tech company based in San Francisco, United States, founded in 2021. It has raised $78.0M in total across 2 rounds, most recently a $40.0M Series B round in Apr 2025. Investors include Index Ventures, General Catalyst and Semper Virens.
Tech & App Stack
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Funding History
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Apr 2025
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Series A through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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