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
What is Thatch worth?
$1.0BPrivateMarketView mark · Oct 2026

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

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Valuation timeline

1 priced round · 32 daily marks since · Sep 2026 – Oct 2026
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Later Stage VCrounds hold their value until the next priced eventMark, today
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Thatch funding history

1 rounds
DateRoundRaisedPost-money
Sep 2026Later Stage VC$108.0M▮
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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.

How Thatch's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Thatch, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Thatch

What is Thatch worth?
Thatch is valued at $1.0B as of Oct 2026. Valued at $1.0B at its later-stage round, Sep 2026. Nothing has traded since.
How much has Thatch raised?
Thatch has raised $84.0M in total funding across 1 recorded rounds.
When did Thatch last raise?
Thatch last raised in Sep 2026 (Later Stage VC), raising $108.0M.