Unicorn alert: Thatch raises $108M from General Catalyst and Index Ventures at $1B valuation
Tech Funding News 4 weeks ago 14
Thatch raised $108 million at a $1 billion valuation after tripling its worth in 17 months through its ICHRA-based health plan marketplace. The round valued Thatch at $1 billion. The funding is positioned to expand its employer fixed-budget model as more firms use the renamed “CHOICE Arrangement,” with employees choosing coverage via Thatch’s recommendations.