Thatch
formerly Thatch HealthAn all-in-one platform that makes it easy to offer the most personalized healthcare experience to your employees
San Francisco, United States · Founded 2021 · $191.6M raised
- Headquarters
- San Francisco, California
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- thatch.com
- Total Funding
- $191.6M
- Last Round
- $108.0M Venture RoundSep 2026
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 4 funding rounds and 13 investors for this company. The full record is or through the API.
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 $191.6M in total across 4 rounds, most recently a $108.0M Venture Round in Sep 2026. Investors include Andreessen Horowitz, Index Ventures and General Catalyst.
Tech & App Stack
6 technologies & apps tracked
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Funding History
Sep 2026
Sign up to see all 4 events
Funding: Seed through Venture Round. Amounts, valuations, and investors where available.
Investors

Andreessen Horowitz
3 rounds
Index Ventures
2 rounds
General Catalyst
2 rounds
GV
1 round

Semper Virens
2 rounds
The General Partnership
2 rounds
ADP Ventures
1 round

PeopleTech Partners
1 round
Avid Ventures
1 round

Lux Capital
1 round

Quiet Capital
1 round
Not Boring Capital
1 round
BrightEdge Fund
1 round
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