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Company Spotlight
Thatch
A modern ICHRA (Individual Coverage Health Reimbursement Arrangement) platform that enables employers to offer tax-free monthly healthcare allowances. Employees can then shop for and purchase individual insurance plans that best fit their needs.
Domain
Benefits
Region
North America
Unit
Investment
Stage
Series B
Founders
Adam Stevenson, President | Chris Ellis, CEO

ADP ventures is unlike most of the corporate venture arms that I've met with. They have a unique insight not into the market...(and) also into the way that their parent company operates. For us, having the opportunity to work with ADP, and actually distribute to their amazing customer base, has been a huge milestone.

Chris Ellis, CEO, Thatch
Investment Announcement
ADP Ventures Invests in Thatch to Empower Modern, Flexible Health Benefits
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