Thatch Welcomes Venteur Customers to Advance Shared Health Benefits Mission

Venteur's customers and broker partners will gain access to Thatch's full suite of individual coverage health reimbursement arrangement (ICHRA) administration tools, plan options, and dedicated support

SAN FRANCISCO, April 1, 2026 /PRNewswire/ -- Thatch, the modern health benefits platform backed by Andreessen Horowitz, General Catalyst, and Index Ventures, today announced that it has entered into an agreement with ICHRA administration platform Venteur, under which the employers, employees, and brokers currently served by Venteur will transition to Thatch's platform.

Transitioning employers and employees will gain access to Thatch's full benefits platform, including plan selection and enrollment assistance, reimbursement management, Thatch's Marketplace of curated health services, and industry-leading support. Employers will benefit from payroll integrations, built-in compliance management, and the ability to customize benefits by employee class. Brokers will gain access to Thatch's quoting and proposal assistance, enrollment tracking, reporting capabilities, and hands-on support from Thatch's benefits professionals. Every transitioning employer, employee, and broker will receive the support needed to facilitate a successful migration.

A Shared Mission to Fix Health Benefits

Both Thatch and Venteur were founded by innovators who turned deeply personal encounters with the U.S. healthcare system into a motivation to reimagine it. Thatch co-founders Chris Ellis and Adam Stevenson launched the company with a conviction that healthcare should be built around the people it serves, giving employees real choice and employers modern tools to make it happen. Venteur co-founders Stacy and Tim Edgar channeled a similar resolve after seeing firsthand how coverage gaps can burden a family at the worst possible moment.

"Thatch exists to build a healthcare system people love, one where employees choose the coverage that's right for them and keep it from job to job," said Chris Ellis, CEO and Co-Founder of Thatch. "We take the trust the Venteur team put in us seriously. Every employer, employee, and broker making this transition will have our full support."

"Venteur was born from a belief that healthcare should be affordable, personalized, and built around people," said Stacy Edgar, CEO and Co-Founder of Venteur. "In Thatch, we've found a partner that shares that core DNA. This moment is a force-multiplier for our mission to build a healthcare system that finally sees the individual behind the coverage. Our priority throughout this transition is ensuring that our customers and their employees continue to receive outstanding support as they navigate their health benefits."

"At Thatch, we've paired world-class infrastructure with a product experience that makes personalized benefits simple and intuitive," said Adam Stevenson, President and Co-Founder of Thatch. "We're excited to welcome Venteur's customers and bring that seamless experience to more people. Our team is ready to deliver for them from day one."

A Pivotal Moment for ICHRA

The transition comes at an inflection point for the U.S. health benefits market. Healthcare costs are accelerating across all market segments, and the total per-employee cost of employer-sponsored health benefits is projected to rise 6.7% in 2026, the highest increase in over a decade. These pressures are driving policymakers toward ICHRA as a practical solution. At the federal level, Congress is actively working to codify ICHRAs and create tax credits of up to $1,200 per employee for small businesses that adopt them. Meanwhile, lawmakers in eight states have introduced ICHRA tax incentives over the past year. These efforts reflect growing, bipartisan recognition of ICHRA's potential to expand access to affordable coverage at a moment when employers and employees alike are seeking relief from a system under strain.

About Thatch

Thatch is an all-in-one platform that makes it easy for companies to offer personalized healthcare benefits using ICHRA. By combining fintech and healthtech solutions, Thatch empowers businesses to provide tax-free dollars their team members can use to purchase personalized health coverage and access innovative health and wellness services through the Thatch Marketplace. Thatch is backed by Index Ventures, General Catalyst, Andreessen Horowitz, GV, The General Partnership, ADP Ventures, and others. Learn more at thatch.com.

About Venteur

Venteur is an ICHRA administration platform that uses AI and historical claims data to help employers offer personalized health benefits and employees find the right coverage. Founded in 2020, Venteur has served hundreds of employers nationwide. The company is backed by Informed Ventures, American Family Ventures, Morgan Health (JPMorganChase), Ingeborg Investments, Catalyst by Wellstar, Revelry Venture Partners, Houghton Street Ventures, CRCM, and Techstars. Learn more at venteur.com.

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SOURCE Thatch