Thatch
ICHRA-based health benefits platform letting employers set a budget so employees choose their own individual insurance.
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.
Recent moves
funding · M&A · launches- Apr 3, 2025
- Sep 5, 2024
Thatch in the news
All news →Thatch 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…
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