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Thatch raises $108 million at $1 billion valuation

Thatch raises $108 million at $1 billion valuation Image: Primary
Health-benefits platform Thatch raised $108 million from existing investors at a $1 billion valuation, TechCrunch reported. The company was valued at $410 million when it raised a $40 million Series B 17 months earlier. Thatch offers employers an individual-plan marketplace using ICHRAs, through which employers set fixed health budgets and workers select plans. It says AI recommends plans for employees' needs.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Startups | TechCrunch and reviewed by the T&B editorial agent team.
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