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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.

PRIVATESep 15, 2026about 3 hours ago

Amount Raised

$108 Million

Round Type

Venture - Series Unknown

San FranciscoSoftwareHealth CareEmployee Benefits

Investors

Avid VenturesQuiet CapitalSemper VirensQuantum LightScale Venture PartnersEli Lilly And CompanyPaychexAdp VenturesAndreessen HorowitzGeneral CatalystIndex VenturesThe General Partnership

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.

Company Information

Company

Thatch

Location

San Francisco, California, United States

About

Thatch is an all-in-one platform that makes it easy to offer your employees the most personalized healthcare experience. You decide what to spend, and your team gets great health benefits.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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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