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
All recorded activity
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 all activityFerry 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