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 selectionnomura-real-estate-development-co-f095adde
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
- 5
- Confirmed lead rounds
- 0 3 roles undisclosed
- New companies
- 5 First participation on record · 0 follow-on
- Funding in participating rounds
- $338M 5 disclosed · full round size, not this investor’s share
By stage
By primary sector
By country
Rounds
5 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 disclosedNovella
AI-native wholesale insurance broker using AI agents to automate E&S placement workflows for retail brokers
$21MUndisclosed
Role not disclosedBasis
Provides AI agents for accountants to complete complex accounting workflows end-to-end
$100MSeries B
Role not disclosedAlloy
Identity verification, fraud prevention and compliance decisioning for banks and fintech companies.
$100MSeries C
Participant