# Thatch (Thatch)

> ICHRA-based health benefits platform letting employers set a budget so employees choose their own individual insurance.

## Facts
- **Website:** https://thatch.com
- **Headquarters:** San Francisco, CA
- **Country:** United States
- **Founded:** 2021
- **Founder:** Chris Ellis, Adam Stevenson
- **Funding stage:** Series C
- **Categories:** Benefits Administration, Health & Wellbeing, ICHRA & Benefits Marketplaces

## Overview
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
- Chris Ellis — founder ([profile](https://www.dhrmap.com/people/chris-ellis))
- Chris Ellis — ceo ([profile](https://www.dhrmap.com/people/chris-ellis))
- Adam Stevenson — co-founder ([profile](https://www.dhrmap.com/people/adam-stevenson))
- Chris Ellis — co-founder ([profile](https://www.dhrmap.com/people/chris-ellis))

## Sources
- [Thatch — official website](https://thatch.com/v3/favicon.svg) — official

## FAQ
**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, Health & Wellbeing, ICHRA & Benefits Marketplaces on DHRMap.

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