Thatch
Founded 2021 · 220 employees on LinkedIn · 8 known investors
Find your way into Thatch
234 people in our graph share verified history with the Thatch team — schools, employers, funds. One of them is your warm intro.
Alex Tranunlockedknows Adam Stevenson · together at Thatch (overlapped)
×9knows the team · via Stripe
knows the team · via Thatch
knows the team · via Kroger
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.
Founders & leadership
Thatch was founded in 2021 by Adam Stevenson.
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Adam StevensoninFounderFounder of Thatch, which provides APIs and embedded tools that help employers and software platforms offer tax-advantaged health reimbursement benefits to employees.
Investors · 8
Avid VenturesNew York City · $500K – $8M
General PartnershipSan Francisco · $1M – $30M
Index VenturesSan Francisco · $540K – $10.8M
Lux CapitalNew York · $100K – $100M
Andreessen Horowitzreported · 2 sourcesMenlo Park · $500K – $50M
CoFound Partners VenturereportedSan Francisco · $500K – $1.5M
General Catalystreported · 2 sourcesSan Francisco · $30M
Also in the syndicate · 1
Indexlead
Funding
SEC filings, press & company announcements- Undisclosed amountSeries BApr 2025
Index Ventures (lead), a16z, General Catalyst
Source ↗ - Undisclosed amountSeries ASep 2024
General Catalyst (lead), Index (lead)
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Health benefits platform Thatch reaches $1B valuation as healthcare costs surgetechcrunch.com · Sep 2026Frequently asked questions
- What does Thatch 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?
- Thatch was founded by Adam Stevenson in 2021.
- Who are Thatch's investors?
- Thatch's investors include Avid Ventures, General Partnership, Index Ventures, Lux Capital, Andreessen Horowitz, CoFound Partners Venture, General Catalyst.






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