Thatch

We are thrilled to announce our $38M Series A led by General Catalyst and Index Ventures and with participation from other great investors such as Andreessen Horowitz, Avid Ventures, and The General Partnership. We will use these funds to build a brighter future for the U.S. healthcare system, where employers can provide better health benefits for less money, and employees can keep the same great benefits from job to job. Thatch is on a path to being the default platform every forward-thinking company uses to provide health and wellness benefits for their teams. Read more about our announcement here: https://lnkd.in/e5V-sgZH

Lots of transformation and disruption happening in the health benefits stack for employers this year... see you all at Transform 2025 to discuss! Thatch Firefly Health Milu Health Turquoise Health Omada Health Pomelo Care Thyme Care Counsel Health

Patricia Gorla did an incredible job with this article, exploring how policy and government action can foster innovation and establish new benchmarks when they are strategically aligned with market dynamics. Are we witnessing similar trends in the health insurance market with #ICHRA? 💡 This is a must-read for anyone interested in the relationship between governance and innovation!

These 21 AI companies recent raised, and they're hiring: 1) Mainframe - revolutionizing human-computer interaction through seamless tools that enhance productivity, raised $5.5M seed - SF / NYC / Miami / Remote 2) Basis - AI agents built for accountants, raised $34M series A - NYC 3) Speak - language learning app, raised $78M series C - SF 4) Graphite - AI code review platform, raised $20M series A - NYC 5) Cyera - AI-powered data security platform, raised $300M series D - NYC 6) Physical Intelligence - develop AI for robots, raised $400M series A - Remote 7) Cresta - AI that helps sales and customer service agents, raised $125M series D - SF 8) Infinitus Systems, Inc. - AI healthcare automating complex phone workflows, raised $51M series C - SF 9) Nooks - AI dialing and prospecting platform, raised $43M series B - SF 10) Tennr - AI healthcare startup provides platform for medical docs, raised $37M series B - NYC 11) Decagon - AI support agents for enterprise, raised $65M series B - SF 12) Prepared - Assistive AI for 911 calls, raised $27M series B - NYC 13) World Labs - develops AI models with spatial intelligence for 3d interaction, raised $230M series A - SF 14) Thatch - helps startups give healthcare to teams, raised $38M series A - Remote 15) Harmonic - building mathematical reasoning engine, raised $75M series A - SF 16) Sahara AI - decentralized AI blockchain platform, raised $43M series A - Remote 17) Slingshot AI - use AI to make mental healthcare more accessible, raised $30M seed - NYC 18) Captions - AI powered creative studio, raised $60M series C - NYC 19) Anterior - AI powered healthcare platform for insurance, $20M series A - NYC 20) Quilter - automate circuit board layout, raised $10M series A - Remote 21) Ambience Healthcare - AI operating system for healthcare, $70M series B - SF Let's get our friends hired in 2025. Share with your networks Follow Albert Chun for more

One of the biggest challenges small businesses face is navigating health insurance. 64% of small business owners are exploring health plan alternatives. Here's why:

We completely revamped our website at thatch.ai! As a startup, it's important not to undervalue the importance of a public site: it's the first thing every customer, candidate, investor, reporter, etc. looks at when assessing Thatch. To a degree it defines our brand and conveys a huge amount of feeling and can instantly either create an enormous amount of trust and confidence. Over our lifetime as a company, Thatch has evolved quite a bit: although we'll always want to appeal to tech-forward companies and startups, we're serving a much broader audience than we expected and felt the need to revamp the site to better align with where we're going. Check it out!

As more companies offer health benefits—nearly 60% of U.S. companies now provide coverage—understanding what group health insurance actually entails is crucial. With the average annual family premium nearing $24,000, these rising costs prompt many employers to look for alternatives that offer flexibility and cost control. Our latest article breaks down the basics of group health insurance, explains why premiums keep climbing, and explores emerging options like HRAs and ICHRAs. Discover how these models can help you offer more personalized, cost-effective healthcare benefits for you and your team. https://lnkd.in/e6FGWURy

Employee expectations extend beyond salary alone. A robust benefits package makes your company more attractive to prospective employees. But what do these benefits look like? read more: https://lnkd.in/eD6JqiNP

🎉 Going to the Atlanta Small Business Expo? Join us at Booth #217 🎉 Thatch will be attending the SBE on December 11th at the Atlanta Convention Center! Join us and our partners at Ambetter Health to explore innovative solutions in the health benefits space. 📍 Visit us at Booth #217 for a game of ICHRA Trivia and a chance to win amazing gift cards📍 During the Expo, we’re also hosting a workshop, “Introducing ICHRA - A Revolutionary Approach to Health Benefits,” located in Room 4 @ 2:45pm. Be among the first 20 to register and get entered into a raffle for a prize! We can't wait to connect with you! #SBE #ICHRA #HealthBenefits

Small businesses are stuck making impossible choices between supporting their employees and protecting their bottom line. We surveyed small business owners across the country to uncover their biggest challenges around employee benefits and strategies for managing costs. Read more: https://lnkd.in/eUR5iJUk?