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 · $40.0M raised

Employees
11–50
Founded
2021
Business Model
B2B
Website
thatch.com
Total Funding
$40.0M
Last Round
$40.0M Venture RoundSep 2025
Rounds
1

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 $40.0M in total across 1 round, most recently a $40.0M Venture Round round in Sep 2025.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Venture RoundGrowth RoundSep 2025
$40.0M

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