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Thatch Health

Founded 2021 · 220 employees on LinkedIn · 14 known investors

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Thatch provides APIs and embeddable components that enable platforms and software providers to offer ICHRA (Individual Coverage Health Reimbursement Arrangement) benefits to their customers. The service handles compliance, employee onboarding, plan selection, and carrier payments, allowing partners to diversify their benefit offerings.

Enterprise SoftwareFintechHealthtechHR TechInsurTechSaaS

Founders & leadership

Thatch Health was founded in 2021 by Adam Stevenson.

ASAdam Stevenson
Adam StevensonFounderFounder of Thatch, which provides APIs and embedded tools that help employers and software platforms offer tax-advantaged health reimbursement benefits to employees.
CE
Chris EllisFounder

Investors · 14

Avid Ventureslisted by Avid VenturesNew York City · $500K – $8M

How we know: Avid Ventures's portfolio page · funding news · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

General Partnershiplisted by General PartnershipSan Francisco · $1M – $30M

How we know: a partner's Signal profile · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Index Ventureslisted by Index VenturesSan Francisco · $540K – $10.8M

How we know: Index Ventures's portfolio page · funding news · thatch.com · open dataset · 5k.vc investor directory · Not right? Tell us

Lux Capitallisted by Lux CapitalNew York · $100K – $100M

How we know: Lux Capital's portfolio page · Not right? Tell us

Notre Dame Founders Fundlisted by Notre Dame Founders FundNotre Dame · $10K – $25K

How we know: Notre Dame Founders Fund's portfolio page · Not right? Tell us

SemperVirens Venture Capitallisted by SemperVirens Venture CapitalSan Mateo

How we know: SemperVirens Venture Capital's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Axial VCreportedSan Francisco · $100K – $5M

How we know: the VCSheet dataset · Not right? Tell us

CoFound Partners VenturereportedSan Francisco · $500K – $1.5M

How we know: the VCSheet dataset · Not right? Tell us

Freestyle CapitalreportedSan Rafael · $3M – $5M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

General CatalystreportedSan Francisco · $30M

How we know: funding news · thatch.com · open dataset · 5k.vc investor directory · Not right? Tell us

GV (Google Ventures)reportedMountain View · $250K – $50M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Wave CapitalreportedSan Francisco · $25K – $1M

How we know: a partner's Signal profile · Not right? Tell us

Also in the syndicate · 1

Indexlead

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 4

ADPADP provides cloud-based human capital management solutions that integrate payroll, HR, talent management, time and attendance, tax, and benefits administration for businesses globally. The company serves as a comprehensive provider of HCM software and business outsourcing services with analytics and compliance expertise.
Carbon HealthCarbon Health operates a chain of clinics offering urgent care, primary care, and chronic condition management, combining technology with in-person care to provide broader access to health services. It serves patients seeking everyday healthcare across acute, primary, and chronic needs.
General CatalystGeneral Catalyst is a global venture capital and investment firm that backs and builds technology companies across sectors including AI, healthcare, and defense, and manages assets on behalf of its portfolio. The firm also acquires and transforms businesses, such as a hospital system, and incubates its own "hatched" companies.
CatchCatch provides automated financial management and benefits solutions for independent workers and freelancers, handling tax withholding, retirement savings, and health insurance enrollment without relying on traditional employer-provided benefits.

Companies working in the same space as Thatch Health.

In the news

Thatch Raises $40M Series B led by Index Ventures, with a16z, General Catalyst, and more | Thatch Blogthatch.com · Apr 2025Thatch raises $38 million Series A led by General Catalyst and Index | Thatch Blogthatch.com · Sep 2024

Frequently asked questions

What does Thatch Health do?
Thatch provides APIs and embeddable components that enable platforms and software providers to offer ICHRA (Individual Coverage Health Reimbursement Arrangement) benefits to their customers. The service handles compliance, employee onboarding, plan selection, and carrier payments, allowing partners to diversify their benefit offerings.
Who founded Thatch Health?
Thatch Health was founded by Adam Stevenson in 2021.
Who are Thatch Health's investors?
Thatch Health's investors include Andreessen Horowitz, Avid Ventures, General Partnership, Index Ventures, Lux Capital, Notre Dame Founders Fund, SemperVirens Venture Capital, Axial VC and 5 more.