Thatch lets employers offer flexible health benefits, helping employees choose individual coverage and spend remaining ICHRA funds on the care they need.
Products & media
Thatch announces its $38M Series A
An ICHRA administration platform where employers set tax-free health budgets, employees choose insurance and eligible care, and Thatch manages operations.
A physical and virtual Visa debit card for eligible healthcare spending, with receipt substantiation and reimbursement support.
APIs and embeddable components for employer onboarding, employee sync, payroll deductions, plan selection, and ongoing ICHRA administration.
A curated marketplace where employees spend health budgets on eligible mental health, fertility, diagnostics, weight-management, and other healthcare services.
A 24/7 AI benefits concierge for coverage, accounts, onboarding, and eligible-spending questions.
Broker software for ICHRA quoting and setup while Thatch manages enrollment, compliance, carrier payments, and administration.
Cosigns
“With enough scale, Thatch can help decouple insurance from employment, align incentives towards long-term health, and bring down costs.”
“With Thatch, we found a benefits partner that meets our standard of quality without any compromise.”
“In a world where health insurance often feels like a burden, Thatch proves it doesn’t have to be.”
Team
Current Affiliates
2 people
Jobs
See all jobs for Thatch here.
Funding
All fundraising announcements are based on public sources. Please contact Cosign if you believe there are any discrepancies, or claim the profile to edit.
Data current as of September 16, 2026
Leads
Participating Firms
Angels
$108M$1B valuation
$40M
$38M
Undisclosed amount