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Thatch CEO @chrisellisdc predicts future generations will think it was insane that your employer once controlled your healthcare access and data: "I believe that in 80 years, the people hosting this podcast are gonna look back at what we did today and think it was absolutely insane." "100%, the future of American healthcare is centered around the consumer. AI is changing the relationship between workers and their employers in a fundamental way." "One of the worst parts about…
Today, we're announcing @thatch_ai raised a $108M Series C at a $1B valuation from @thegp, @IndexVentures, @generalcatalyst, @a16z. The idea we're betting on: healthcare serves whoever controls the dollar. For 80 years that's been the employer. We think it should be you. Employers typically choose one health plan for everyone. We think there's a better model: give people a health budget and let them choose the insurance and care that fits their life. That is the idea behind Thatch. ARR has grown nearly 7x in the last twelve months, and more than 5,000 employers now use Thatch. None of this happens without our team, or without the employers who believe that their people know what their families need better than they ever could. We're building a healthcare system people love by changing how we fund it.