thatch

Thatch is a San Francisco-based health benefits platform founded in 2021, specializing in Individual Coverage Health Reimbursement Arrangements (ICHRA). The company enables employers to provide personalized healthcare budgets to their employees, allowing them to select individual health plans that best suit their needs. Thatch has experienced significant growth, serving over 5,000 employers and achieving a valuation of $1 billion as of September 2026. ([thatch.com](https://thatch.com/blog/thatch-series-c-announcement?utm_source=openai))