# Thatch raises $108 million at $1 billion valuation

_Published Tuesday, September 15, 2026 at 3:06 PM EDT · Products, Capital · Latest · Tier 2 — Notable_

![Thatch raises $108 million at $1 billion valuation — Primary](https://techcrunch.com/wp-content/uploads/2023/02/Thatch-founders.jpg?resize=1200,801)

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.

## Sources

- [Startups | TechCrunch](https://techcrunch.com/2026/09/15/health-benefits-platform-thatch-reaches-1b-valuation-as-healthcare-costs-surge/)

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Canonical: https://techandbusiness.org/newswire/IhUvlEvMoTMoQ1bpC8aP2V
Published: 2026-09-15T19:06:47.503Z
Story chronology: 2026-09-15T17:02:04.000Z
Retrieved: 2026-09-15T20:47:11.955Z
Publisher: Tech & Business (techandbusiness.org)