Thatch

San Francisco, CA · Founded 2021 · Privately Held (backing)

Operator of a financial technology company intended to provide competitive health and wellness benefits. Thatch is based in San Francisco, CA and was founded in 2021. It was valued at $1 billion at its later-stage round in Sep 2026, the last priced event on record. It has raised $84 million across 1 recorded round; the latest was a $108 million later-stage round in Sep 2026.

PMV mark · valuation
$1.0B
Oct 2026
Priced at
its later-stage round
Sep 2026
Total raised
$84.0M
Last round
Later Stage VC
Sep 2026

Thatch key facts

as of Oct 2026
  • Operator of a financial technology company intended to provide competitive health and wellness benefits.
  • Thatch is valued at approximately $1.0B as of Oct 2026, set at its later-stage round, Sep 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $84.0M across 1 recorded rounds; the latest was Later Stage VC ($108.0M) in Sep 2026.
  • Notable investors include Andreessen Horowitz, General Catalyst, GV, Index Ventures, Lux Capital — 18 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$1.0B

Valued at $1.0B at its later-stage round, Sep 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Thatch funding rounds

1 rounds
Sep 2026Later Stage VC$108.0M▮

Thatch leadership

Thatch valuation

Thatch was valued at $1 billion at its later-stage round in Sep 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

Recent activity

In the last 90 days, Thatch's record added 1 funding round.

How much has Thatch raised?

Thatch has raised $84 million across 1 recorded round since 2026. The largest was a $108 million later-stage round in Sep 2026. 1 of the rounds disclosed a post-money valuation.

Thatch investors

18 investors are on record for Thatch, including Andreessen Horowitz, General Catalyst, GV and Index Ventures. By type, the record holds 9 venture capital firms.

Who runs Thatch

6 people are listed on the Thatch team: 6 executives, including Adam Stevenson (Co-Founder) and Chris Ellis (Co-Founder). 6 of them have a verified direct contact on file.

About Thatch

Operator of a financial technology company intended to provide competitive health and wellness benefits. The company uses financial infrastructure to create a unified interface for healthcare spending and saving, enabling businesses to easily give personalized healthcare to their teams.

Sector
Information Technology
HQ
San Francisco, CA, United States
Founded
2021
Employees
156
Ownership
Privately Held (backing)

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