Fundz

Thatch raised $38M in a Series A funding led by Index Ventures and General Catalyst to enhance healthcare benefit management solutions.

PRIVATESep 05, 2024

Amount Raised

$38 Million

Round Type

Series A

San FranciscoSoftwareHealth CareEmployee Benefits

Investors

Avid VenturesAndreessen HorowitzThe General PartnershipSemper VirensGeneral CatalystIndex Ventures

Description

Thatch, a personalized health benefits platform, announced it has raised $38 million in Series A funding. This investment will accelerate Thatch's growth and product development strategies while aiming to decouple health insurance from employment.

Quick answer

Thatch raised $38 Million in a Series A round, dated September 5, 2024. Investors: Avid Ventures, Andreessen Horowitz, The General Partnership, Semper Virens, General Catalyst and Index Ventures. Thatch is based in San Francisco, California, United States.

How much did Thatch raise?
Thatch raised $38 Million in a Series A round on September 5, 2024.
Who invested in Thatch?
Avid Ventures, Andreessen Horowitz, The General Partnership, Semper Virens, General Catalyst and Index Ventures 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.

  • Trustii raised $2.8M (Seed) on October 16, 2024.
  • Ikerian raised $8M (Series B) on October 16, 2024.
  • Enlitic raised $950K (Seed) on October 16, 2024.
  • Healspan raised an undisclosed amount (Seed) on October 15, 2024.
  • Shuttle Pharmaceutical Holdings raised $790K (Seed) on October 14, 2024.
  • Qantev raised $33M (Series B) on October 10, 2024.

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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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.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Thatch raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Thatch raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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