Thatch
PrivateLast Round
Series B
Apr 3, 2025
Est. Valuation
$405M
Total Funding Raised
$84M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Thatch is a financial technology company that offers a unified platform for healthcare spending and saving, allowing businesses to provide tailored health and wellness benefits to their employees.
Sector
Healthcare & Life Sciences
Verticals
HR, InsurTech, Compliance, NLP & Conversational AI, Digital Payments
Business Model
B2B
Customer Profile
Subscription SaaS, Marketplace Commission, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Thatch Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Thatch Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Apr 3, 2025 | ||||
| Series A | Sep 5, 2024 | ||||
| Seed | Feb 15, 2023 |
Thatch Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Andreessen Horowitz | Series B, Series A, Seed |
| ADP Ventures | Series B |
| GV | Seed |
| BrightEdge | Seed |
| Lux Capital | Seed |
| The General Partnership | Series B, Series A |
| Not Boring Capital | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 19, 2026
Grew 25% QoQ, from 167 to 209 employees.
- May 17, 2026
Monthly visitors increased 43% MoM, reaching 103.9K.
Thatch Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Thatch's valuation, stock price, and market status.