Thatch raised a $108 million Series C to expand health budget infrastructure, payroll and HR integrations, employee spending options, and its team.
- Amount
- $108M
- Stage
- Series C
- Announced
- 15 September 2026
- Leads
- The General Partnership, Index Ventures, General Catalyst, Andreessen Horowitz
- Other investors
- ADP Ventures, Paychex, Eli Lilly and Company, Scale Venture Partners, QuantumLight, SemperVirens, Quiet Capital, Avid Ventures
- Use of funds
- Deepen payroll and HR integrations, expand how employees use health budgets, and grow the team to meet employer demand.
- Total raised
- $193M to date
- Valuation
- $1B
- Checked
- Amount and date matched across 3 press sources