The $1B Valuation of Thatch: A Solution to Healthcare's Unsustainable Growth? Healthcare costs in the US are surging at an alarming rate, projected to increase by 8% in 2027 – the largest jump since 2003.
This trend is unsustainable for employers, who shoulder a significant portion of these expenses.
Thatch, a healthcare benefits platform, has reached a $1 billion valuation after raising $108 million from existing investors.