Series B Funding - GoKawiil

Thatch hits $1B valuation after $108M round from existing backers

Health benefits startup Thatch has raised $108 million in new funding at a $1 billion valuation, backed by existing investors including Andreessen Horowitz, General Catalyst, Index Ventures, and The General Partnership. The round comes just 17 months after Thatch was valued at $410 million, with CEO Chris Ellis saying annual recurring revenue grew roughly sevenfold in that span.

techcrunch.com · 2026-09-15

AI assistant startup Instinct raises $250M Series B, hits $2.5B valuation

Instinct, founded last year by 23-year-old Noah Shinn under parent company Spear Street Technology, has closed a $250 million Series B round led by Index Ventures and Benchmark. The deal pushes the young startup's total funding to $350 million and its valuation to $2.5 billion, driven by buzz around its AI assistant that manages users' schedules, purchases and subscriptions through texts and calls.

techcrunch.com · 2026-08-27