The modern health benefits platform
Thatch is a healthcare fintech platform that reimagines employer-sponsored health benefits through Individual Coverage Health Reimbursement Arrangements (ICHRAs). Employers set a tax-free monthly healthcare allowance budget, and employees use a Thatch-issued card to choose and purchase the individual insurance plan that best fits their personal needs. The platform integrates with major payroll systems and handles all compliance, administration, and reimbursement automatically. Founded in 2021 and headquartered in San Francisco, Thatch is used by over 2,000 employers and has raised $83.6M including a $40M Series B in April 2025. The company is backed by investors including ADP Ventures.
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Sep 2024
Feb 2023
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