FUNDING
Key Metrics
Recent changes
- Sep 16, 2026Sep 16, 2026Raised $108M venture at a $1B valuation Tech Funding News
- Sep 15, 2026Sep 15, 2026Raised $108M Series C at a $1B valuation TechCrunch
- Sep 15, 2026Sep 15, 2026New investor: Eli Lilly and Company TechCrunch
- Sep 15, 2026Sep 15, 2026New investor: General Catalyst TechCrunch
- Sep 15, 2026Sep 15, 2026New investor: Scale Venture Partners TechCrunch
Earlier changes (5)
- Sep 15, 2026Sep 15, 2026New investor: Index Ventures TechCrunch
- Sep 15, 2026Sep 15, 2026New investor: Quiet Capital TechCrunch
- Sep 15, 2026Sep 15, 2026Thatch Hits Unicorn Status As Health Costs Surge Pulse story
- Sep 15, 2026Sep 15, 2026Valuation rose from $410M to $1B TechCrunch
- Apr 3, 2025Apr 3, 2025First reported valuation: $410M TechCrunch
Funding History
2 events · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Sep 16, 2026 | venture | $108M | $1B | Tech Funding News | |
| Sep 15, 2026 | Series C | $108M | $1B | General CatalystIndex VenturesEli Lilly and CompanyScale Venture PartnersSemperVirensQuiet CapitalAvid VenturesThe General PartnershipADP VenturesPaychexQuantumLight outlined = lead | TechCrunch |
Underlying values
| As of | Value | Method | Source |
|---|---|---|---|
| Sep 15, 2026 | $1B | Reported | TechCrunch |
| Sep 15, 2026 | $1B | Reported | TechCrunch |
| Apr 3, 2025 | $410M | Reported | TechCrunch |
Investors
Latest Pulse
- Sep 15, 2026$2.2B Priced In One Day Across Three AI BetsValue Add Pulse tallied the capital raised across three separate September 15 announcements -- Profound, Thatch and Rocket Lab's Iridium financing -- against the prior week's eleven largest US venture rounds.→
- Sep 15, 2026Thatch Hits Unicorn Status As Health Costs SurgeThatch, an ICHRA marketplace that lets employers fund individual health plans instead of one group policy, raised a $108 million Series C at a $1 billion valuation as revenue grew nearly sevenfold over the past year.→
Coverage Timeline
newest firstAll Coverage
FUNDING$2.2B across 3 events
$2.2B Priced In One Day Across Three AI Bets
Value Add Pulse tallied the capital raised across three separate September 15 announcements -- Profound, Thatch and Rocket Lab's Iridium financing -- against the prior week's eleven largest US venture rounds.
BY THE NUMBERS
FUNDING
Thatch Hits Unicorn Status As Health Costs Surge
FUNDING$108M Series C
Thatch Hits Unicorn Status As Health Costs Surge
Thatch, an ICHRA marketplace that lets employers fund individual health plans instead of one group policy, raised a $108 million Series C at a $1 billion valuation as revenue grew nearly sevenfold over the past year.
DEEP DIVE
Value Add Research
Related Companies
Shared investors
Sources & methodologyshow
Where these figures come from
- TechCrunchmajor outlet2 facts
- Tech Funding Newsresearch database1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.