MobiHealth News April 4, 2025
Jessica Hagen

The company offers ICHRA plans, allowing employers to offer tax-free allowances to employees, who can then choose personalized health, dental, and vision benefits.

Thatch, an employer-focused health benefits platform, has secured $40 million in a Series B funding round, bringing its total raise to $84.5 million.

Index Ventures led the round, with participation from existing investors Andreessen Horowitz (a16z), PeopleTech Partners, General Catalyst, The General Partnership and SemperVirens, and new investor ADP Ventures.

The company also announced the appointment of Gary Daniels, former CEO of UnitedHealthcare Pacific Northwest, as its new chief growth officer.

WHAT IT DOES

San Francisco-based Thatch provides employers with Individual Coverage Health Reimbursement Arrangement (ICHRA) benefits plans that allow them to set a...

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