Press Space to continue
Press Space to continue
We're excited to announce our investment in Thatch's $108M Series C. Most people get their health plan the same way: their employer picks it, and they live with it. @Thatch_ai gives employees a tax-free health budget instead of a single group plan chosen for them, so they can buy the individual medical plan that fits their life and put leftover funds toward the health services that matter most. More than 5,000 employers now use Thatch, and revenue has grown nearly 7x in the last 12…
chrisellisdc@chrisellisdc5h ago
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.
