Thatch
A health-benefits platform that lets employers set healthcare budgets while employees choose insurance and eligible care to fit their needs.
$108MNew funding
ParticipantAV
ADP Ventures
ventures.adp.com ↗Activity from announced rounds
Activity in this selectionUnited States · Oct 16, 2026 · Jul 19, 2026
ADP Ventures is ADP’s corporate venture capital operation, investing in technologies that support employers, workers and the future of work.
Investing around the future of work
ADP Ventures backs companies working on how employers manage and support their workforce. Its published investment activity spans areas such as payroll-related technology, benefits, tax compliance and workforce management. The venture operation also works with companies on commercial partnerships and routes to market.
Activity recorded on RoundOS
RoundOS records ADP Ventures financing participation at Onshore, which develops tax-credit compliance technology, and Thatch, which supports employer health benefits. ADP Ventures identifies both as investments in its own communications. These are examples of its recorded activity, rather than its complete portfolio.
Sources
- Rounds participated in
- 1
- Confirmed lead rounds
- 0 All roles disclosed
- New companies
- 1 First participation on record · 0 follow-on
- Funding in participating rounds
- $108M 1 disclosed · full round size, not this investor’s share