Thatch: Funding, Investors & Team (Oct 2026)
Thatch is a platform that offers tools for businesses to oversee employee healthcare benefits. It includes ThatchBot, an AI service that helps employees with healthcare questions and managing expenses. Companies can set up customized healthcare budgets for each employee using this platform. Thatch aims to provide employees with personalized healthcare experiences, making it easier for them to manage their benefits.
Thatch has raised $78.0M across 2 funding rounds on record, the most recent a Series B of $40.0M announced in Apr 2025.
That round is above the $4.9M median round size for Health Care companies tracked on FundedIQ over the last two years.
Thatch Company Profile and Key Stats
Latest funding round on record: Apr 2025.
Thatch Funding Rounds
Thatch raised $38.0M in a Series A announced in Sep 2024.
7 months later, a Series B of $40.0M was announced in Apr 2025.
Thatch Founders and Leadership Team
No contact details are on record for this team yet.
Thatch Funding Compared to Other Health Care Startups
Thatch's latest round of $40.0M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.
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Thatch Funding FAQs
What does Thatch do?
Thatch is a platform that offers tools for businesses to oversee employee healthcare benefits. It includes ThatchBot, an AI service that helps employees with healthcare questions and managing expenses. Companies can set up customized healthcare budgets for each employee using this platform. Thatch aims to provide employees with personalized healthcare experiences, making it easier for them to manage their benefits.
How much funding has Thatch raised?
Thatch has raised $78.0M across 2 rounds on record. The most recent is a Series B of $40.0M announced in Apr 2025.
When did Thatch last raise funding?
Thatch's most recent funding round on record is a Series B of $40.0M, announced in Apr 2025.
Who founded Thatch?
FundedIQ lists Adam Stevenson (Founder) at Thatch.
Where is Thatch headquartered?
Thatch is based in San Francisco, California, United States.
How many employees does Thatch have?
Thatch is in the 101-250 employee band.
How does Thatch's funding compare to other Health Care startups?
Thatch's latest round of $40.0M is above the $4.9M median round size for Health Care companies on FundedIQ across 3,659 tracked companies over the last two years.
About FundedIQ's Thatch Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Thatch is left off this page rather than filled in.
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