FundedIQ
Employee Benefits

Thatch: Funding, Investors & Team (Oct 2026)

Thatch provides a health benefits platform that lets employers set health budgets and employees choose insurance and healthcare services.

thatch.com LinkedIn San Francisco, United States 101-250 employees Founded 2021
Total raised
$108M
Rounds
1
Latest
Series C
Sep 2026

Thatch has raised $108M across 1 funding round on record, the most recent a Series C of $108M announced in Sep 2026.

That round is above the $7.5M median round size for United States companies tracked on FundedIQ over the last two years.

Thatch Company Profile and Key Stats

Total funding raised
$108M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series C
$108M in Sep 2026
Employees
101-250
reported band
Founded
2021
Headquarters
San Francisco, United States
Investors on record
17
6 named below

Latest funding round on record: Sep 2026.

Thatch Funding Rounds

Date
Round
Amount
Series C
$108M

Thatch Investors

Andreessen Horowitz General Catalyst Eli Lilly Index Ventures Lux Capital Management LLC

17 investors are recorded in total; the 6 named above are those the record identifies.

Thatch Founders and Leadership Team

Name
Role
Contact
Ole Thomas
Chief Executive Officer
Locked
Chris Ellis
Co-Founder and CEO
Locked

Contact details for the Thatch team: 1 of 2 have an email address on file, 2 have a LinkedIn profile.

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Thatch Funding in Context

Segment
Companies
Median round
30,148
$7.5M
1,866
$60M

Thatch's latest round of $108M is above the median round in United States. Medians cover the last 24 months of disclosed rounds.

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Thatch Funding FAQs

What does Thatch do?

Thatch provides a health benefits platform that lets employers set health budgets and employees choose insurance and healthcare services.

How much funding has Thatch raised?

Thatch has raised $108M across 1 round on record. The most recent is a Series C of $108M announced in Sep 2026.

When did Thatch last raise funding?

Thatch's most recent funding round on record is a Series C of $108M, announced in Sep 2026.

Who has invested in Thatch?

Investors on record for Thatch include Andreessen Horowitz, General Catalyst, Eli Lilly, Index Ventures, Lux Capital Management, LLC. FundedIQ records 17 investors in total.

Who founded Thatch?

FundedIQ lists Chris Ellis (Co-Founder and CEO) at Thatch.

Who is the CEO of Thatch?

Ole Thomas is listed as Chief Executive Officer at Thatch.

Where is Thatch headquartered?

Thatch is based in San Francisco, United States.

How many employees does Thatch have?

Thatch is in the 101-250 employee band.

When was Thatch founded?

Thatch was founded in 2021.

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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