💨 Abstract

Thatch, a health insurance startup, has raised $40 million in Series B funding, led by Index Ventures. The company helps employers offer Individual Coverage Health Reimbursement Arrangement (ICHRA) to employees, allowing them to choose from different insurance options and spend their remaining balance on healthcare. With Thatch, employees can switch carriers if they're unsatisfied.

Courtesy: techcrunch.com

Summarized by Einstein Beta 🤖