Thatch Health
The modern health benefits platform
San Francisco, United States · Founded 2021 · $83.6M raised
- Headquarters
- San Francisco, California
- Employees
- 51–200
- Founded
- 2021
- Business Model
- B2B
- Website
- thatch.ai
- Total Funding
- $83.6M
- Last Round
- $40.0M Series BApr 2025
- Rounds
- 3
About
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.
Summary
Thatch Health is an Artificial Intelligence company based in San Francisco, United States, founded in 2021. It has raised $83.6M in total across 3 rounds, most recently a $40.0M Series B round in Apr 2025. Investors include Andreessen Horowitz, Index Ventures and General Catalyst.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Apr 2025
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Full funding history, per-round amounts, and investor participation.
Investors
Andreessen Horowitz
3 rounds
Index Ventures
2 rounds
General Catalyst
2 rounds
GV
1 round
The General Partnership
2 rounds
Semper Virens
2 rounds
PeopleTech Partners
1 round
ADP Ventures
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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