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Thatch

Thatch

Private
San Francisco, CaliforniaFinTechhttps://thatch.com/

Last Round

Series C

Sep 15, 2026

Est. Valuation

$1B

Total Funding Raised

$192M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

Thatch is a financial technology company that offers a unified platform for healthcare spending and saving, allowing businesses to provide tailored health and wellness benefits to their employees.

Sector

FinTech

Verticals

HR, InsurTech, Compliance, NLP & Conversational AI, Digital Payments

Business Model

B2B

Customer Profile

Subscription SaaS, Marketplace Commission, Usage-Based SaaS

AI Layer

Application

Keywords

ICHRA platformICHRAhealth benefits platformbenefits administrationIndividual Coverage Health Reimbursement Arrangementhealth stipendpersonalized health benefitsdefined contribution health planhealth insurance marketplacehealth spending accounthealthcare spending cardbenefits APIhealth and wellness marketplaceHR tech integrationAI benefits assistant

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Thatch Comparables

Compare Thatch with similar companies based on industry and business-model similarity.

Thatch comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Zorro
88%
Venteur
85%
Remodel Health
84%

Thatch Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CSep 15, 2026
Series BApr 3, 2025
Series ASep 5, 2024
SeedFeb 15, 2023

Thatch Investors

Notable investors and investment history

Thatch investors
InvestorRounds
Andreessen HorowitzSeries B, Series C, Series A, Seed
ADP VenturesSeries B, Series C
GVSeries C, Seed
BrightEdgeSeed
Lux CapitalSeed
The General PartnershipSeries B, Series C, Series A
Scale Venture PartnersSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 15, 2026

    $108M round with participation from Andreessen Horowitz and General Catalyst.

  • May 19, 2026

    Grew 25% QoQ, from 167 to 209 employees.

Thatch Filings

Explore SEC and related filing metadata, where available.

Thatch filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Thatch's valuation, stock price, and market status.

Is Thatch a public or private company?

Thatch is a private company.

What is the current stock price of Thatch?

Thatch is a private company with no public stock price. No recent secondary market data is available.

How much is Thatch worth (valuation)?

Thatch's valuation is estimated at $405.0M based on funding round data.

Can I buy Thatch stock?

Thatch shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Thatch's last funding round?

Thatch's most recent funding round was Series B on April 3, 2025.

Who are the main investors in Thatch?

Key investors in Thatch include Andreessen Horowitz, GV, General Catalyst, Index Ventures.

Will Thatch IPO soon?

No public IPO plans have been announced for Thatch.

How can I track Thatch secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Thatch's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range222
Year Founded2021
Last FundingSep 15, 2026

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