Thatch raised $40 million in a Series B round of funding, led by Index Ventures. The startup aims to transform the health insurance experience for employers and employees alike.
Amount Raised
$40 Million
Round Type
Series B
San FranciscoSoftwareHealth CareEmployee BenefitsInvestors
Description
Thatch has successfully raised $40 million in a Series B funding round, with Index Ventures leading the financing. Other investors include Andreessen Horowitz, General Catalyst, SemperVirens, PeopleTech Partners, The General Partnership, and new investor ADP Ventures. Since its inception in October 2021, Thatch has raised a total of $84.5 million in equity funding. The company focuses on providing Individual Coverage Health Reimbursement Arrangements (ICHRA) to employees.
Quick answer
Thatch raised $40 Million in a Series B round, dated April 3, 2025. Investors: ADP Ventures, The General Partnership, SemperVirens, PeopleTech Partners, Andreessen Horowitz, General Catalyst and Index Ventures. Thatch is based in San Francisco, California, United States.
- How much did Thatch raise?
- Thatch raised $40 Million in a Series B round on April 3, 2025.
- Who invested in Thatch?
- ADP Ventures, The General Partnership, SemperVirens, PeopleTech Partners, Andreessen Horowitz, 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.
Who to call at Thatch, and when
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- 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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