Thatch
ICHRA-based health benefits platform letting employers set a budget so employees choose their own individual insurance.
Something wrong or out of date? Suggest an edit →
About
Thatch is a San Francisco-based health benefits platform founded in 2021 by Chris Ellis and Adam Stevenson, built around ICHRA arrangements that let employers set a healthcare budget for employees to buy their own coverage. It raised a $40M Series B in 2025 led by Index Ventures, bringing total funding to $84.5M.
Leadership
founders · executives- Adam StevensonFounder
- Chris EllisFounder
Recent moves
funding · M&A · launches- Sep 15, 2026
- Apr 3, 2025
- Sep 5, 2024
Thatch in the news
All news →The General Partnership led the round — with strategic checks from Eli Lilly, ADP Ventures and Paychex — as Thatch's model of health budgets instead of group plans crosses 5,000+ employers.
Apr 3, 2025Thatch Secures $40M Series B to Redefine Health Benefits from San FranciscoThatch has secured a $40M Series B funding round led by Index Ventures, with participation from Andreessen Horowitz, General Catalyst, and ADP Ventures. The company aims to revolutionize employee healthcare by replacing…
Sep 5, 2024Series A Success: Thatch Secures $38M to Reinvent Health Benefits for AllThatch , a health benefits platform, announced a $38 million Series A funding round led by General Catalyst and Index Ventures, aimed at decoupling health insurance from employment. The investment will enhance Thatch's…
DHRMap Signals Beta
View the report →Independent vendor-stability signals for Thatch — fundamentals or funding runway, hiring and coverage momentum, market presence and leadership changes — built only from primary sources and versioned rules.
Open roles
All 26 roles →26 roles listed on Thatch's careers page as of 2026-10-23. Most hiring in Sales (6), Operations (4), Engineering (4).
Austin, Texas, United States; New York, New York, United States; Remote (US); San Francisco, California, United States · Remote
Open roleGTM Analytics LeadRemote (US) · Remote
Open roleIT Systems EngineerAustin, Texas, United States
Open roleManaging Product CounselRemote (US) · Remote
Open roleCompliance AnalystRemote (US) · Remote
Open roleHead of CommunicationsAustin, Texas, United States; New York, New York, United States; Remote (US); San Francisco, California, United States · Remote
Thatch — frequently asked questions
What does Thatch do?
ICHRA-based health benefits platform letting employers set a budget so employees choose their own individual insurance.
Where is Thatch headquartered?
Thatch is headquartered in San Francisco, CA, United States.
When was Thatch founded?
Thatch was founded in 2021.
Who founded Thatch?
Thatch was founded by Chris Ellis, Adam Stevenson.
Who is the CEO of Thatch?
Chris Ellis leads Thatch as CEO.
What kind of HR technology is Thatch?
Thatch is categorized under Benefits Administration, ICHRA & Benefits Marketplaces, Health & Wellbeing on DHRMap.
Similar vendors
View all →Leave and accommodation management software for enterprises that need to keep up with changing leave laws.
Alight is a publicly listed benefits-administration and technology-enabled services company spanning health, wealth, retirement, leave, wellbeing, and benefits navigation.
Integrated HR and benefits administration platform providing outsourced HR services and workforce strategy for employers nationwide.
Benefits administration services delivered through the AptiaOne platform.
ADP provides global payroll, human capital management, workforce management, talent, benefits, compliance, and HR outsourcing solutions.
BenefitBay is an ICHRA platform that helps employers, brokers and employees set up and shop individual-coverage health benefits.
Often mentioned with
from shared news coverageADP provides global payroll, human capital management, workforce management, talent, benefits, compliance, and HR outsourcing solutions.
At UnitedHealthcare, our mission is to help people live healthier lives and make the health system work better for everyone. We dedicate ourselves to this every day for our members by being there for what matters in moments big and small — from their earliest
QuickBooks is Intuit's business platform for accounting, payments, payroll, time tracking, invoicing, expenses, workforce administration, and related financial operations.
Paychex provides HCM technology and advisory services spanning payroll, HR, benefits, insurance, retirement, and HR outsourcing.
Platform that securely syncs payroll and employee data with benefits, 401(k) and HSA providers.
Reach buyers comparing HR tech on DHRMap
Claim Thatch for free to keep your profile accurate — you get a verified badge once we confirm your company. Want more reach? Get featured on DHRmap or publish a sponsored article.
Compare all vendor plans & pricing →- Claim and correct your profile — free
- Free verified badge once we confirm your company
- Sponsored articles and event promotion, clearly labeled
- A starred DHRmap Featured spot in your category
About this listing. DHRMap is an independent directory: profiles are compiled from public sources and the company's own website at the time of listing. Companies, products, ownership and pricing change quickly, so we cannot guarantee that this profile is complete, accurate or current — please confirm details with Thatch before relying on them. A listing is not an endorsement.
