Thatch AI is a modern health benefits platform for startups that aims to simplify health payments for employers and employees alike. It was founded in 2021 by Chris Ellis and Adam Stevenson. Thatch is an all-in-one platform that makes it easy to offer the most personalized healthcare experience to employees using an ICHRA and HSA. The platform includes a Thatch tech-enabled Health Savings Account (HSA), a debit card for all healthcare expenses, and on-demand access to “experts” who can help resolve billing issues via text. Thatch is designed to sit on top of a company’s existing health plan and is intended to make it less stressful for employees to manage their healthcare finances. Thatch has received over $6 million in pre-seed and seed funding, with Andreessen Horowitz (a16z) and GV (Google Ventures) co-leading the company’s $5.6 million seed round.
