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
Avid Ventures
avidventures.com ↗Activity from announced rounds
Activity in this selectionUnited States · Oct 16, 2026 · Jul 19, 2026
Avid Ventures invests at the earliest stages and helps founders develop their companies toward growth.
Investment approach
The firm emphasizes backing founders before the business has a fully formed product or first design partner. Its support draws on growth-investing experience and includes operating priorities such as recruiting, go-to-market and fundraising.
Activity recorded by RoundOS
Recorded RoundOS activity includes Thatch’s health-benefits platform and Ferry Health’s care-navigation assistant. Other examples are Alloy’s identity and fraud tools, Novella’s insurance-brokerage workflows and Basis’ accounting agents.
These examples cover financings recorded in RoundOS and do not represent the investor’s complete portfolio.
Sources
- Rounds participated in
- 2
- Confirmed lead rounds
- 0 1 roles undisclosed
- New companies
- 2 First participation on record · 0 follow-on
- Funding in participating rounds
- $117M 2 disclosed · full round size, not this investor’s share
By stage
By primary sector
By country
Rounds
2 in this selectionFerry Health
Ferry is an AI healthcare-navigation assistant that helps patients find suitable in-network providers and schedule care. It handles the back-and-forth by checking specialty and location fit, contacting provider offices by phone and completing appointment booking by text; it reaches patients through partnerships with health systems and insurers.
$9MSeed
Role not disclosed