Thatch has raised $108M in a Funding Round, achieving a valuation of $1B. The round was led by The General Partnership, Index Ventures, General Catalyst, and Andreessen Horowitz, to enhance its health benefits platform.
Amount Raised
$108 Million
Round Type
Venture
San FranciscoSoftwareHealth CareEmployee BenefitsInvestors
Description
Thatch, a health benefits platform, has secured $108 million in its latest funding round, now valued at $1 billion. This capital will help the company empower over 5,000 employers to provide a consumer-directed healthcare model. Revenue has surged nearly seven-fold in a year, reflecting a significant shift in employer healthcare strategies. The funds will support Thatch's continued growth as companies move away from traditional health plan frameworks.
Quick answer
Thatch raised $108 Million in a funding round, dated September 15, 2026. Investors: Andreessen Horowitz, Quantumlight, SemperVirens, ADP Ventures, Paychex, Eli Lilly And Company, Scale Venture Partners and Quiet Capital. Thatch is based in San Francisco, California, United States.
- How much did Thatch raise?
- Thatch raised $108 Million in a funding round on September 15, 2026.
- Who invested in Thatch?
- Andreessen Horowitz, Quantumlight, SemperVirens, ADP Ventures, Paychex, Eli Lilly And Company, Scale Venture Partners and Quiet Capital are named as investors in this round.
- What does Thatch do?
- Thatch is an all-in-one platform that makes it easy to offer your employees the most personalized healthcare experience.
- Where is Thatch based and how big is it?
- Thatch is based in San Francisco, California, United States. Fundz records about 89 employees.
- Who are the decision-makers at Thatch?
- Fundz holds 1 contact at Thatch. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Employee Benefits and Software around the same time
Companies in the same sectors as Thatch that raised within 45 days of this round, from Fundz verified event records.
- ClarityCare raised $16M (Series A) on October 27, 2026.
- Avante raised $30M (Series A) on October 27, 2026.
- Ambiki raised an undisclosed amount on October 23, 2026.
- Promaxo raised $100M (Series C) on October 22, 2026.
- Pennant raised $5M (Seed) on October 20, 2026.
- Huppa raised $1.1M (Pre-Seed) on October 19, 2026.
Who to call at Thatch, and when
A new round usually means Thatch is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Thatch raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Thatch, from your own LinkedIn network
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Related People
Thatch raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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