About Thatch
Thatch is a company based in San Francisco (United States) founded in 2018 by Abby West and Shane Farmer.. Thatch has raised $3 million across 1 funding round from investors including Wave Capital, Jenny Lefcourt and Marc Randolph. Thatch operates in a competitive market with competitors including Polarsteps, Atly, Tripoto, Travel Buddy and Vurb, among others.
- Headquarter San Francisco, United States
- Founders Abby West, Shane Farmer
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Sectors
Travel & HospitalityMedia & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rym S.R.O.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Seed
Aug 30, 2021
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Investors
Wave Capital
& 2 more
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Employee Count
Employee Count
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Funding Insights of Thatch
Thatch has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $3.0M
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First Round
First Round
(30 Aug 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Thatch | Valuation | Wave Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Thatch
Thatch has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Wave Capital, Jenny Lefcourt and Marc Randolph. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Seed and early stage tech-focused VC firm funding companies in the US
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Founded Year | Domain | Location | |
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JL
Jenny Lefcourt |
Angel investor, General Partner at Freestyle Capital, focuses on early-stage startups
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Founded Year | Domain | Location |
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MR
Marc Randolph |
Co-founder of Netflix, angel investor, and mentor to startups globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Thatch
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Thatch
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Thatch Comparisons
Competitors of Thatch
Thatch operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Polarsteps, Atly, Tripoto, Travel Buddy and Vurb, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile app to create and share travelogues
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| domain | founded_year | HQ Location |
Favorite places are discovered and shared through interest-based groups.
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| domain | founded_year | HQ Location |
Provider of a travelogue platform
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| domain | founded_year | HQ Location |
App-based platform for sharing & discovering travel stories
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| domain | founded_year | HQ Location |
Online platform for getting personalized recommendations from local experts
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Thatch
Frequently Asked Questions about Thatch
When was Thatch founded?
Thatch was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Thatch located?
Thatch is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Thatch a funded company?
Thatch is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Aug 30, 2021.
What does Thatch do?
Thatch was founded in 2018 in San Francisco, United States, as an online platform in the travel technology sector. Travel ideas are discovered by users for future trips, while experiences are curated and recommendations are shared among friends. Personalized guidebooks are built by collecting details on restaurants, hotels, shops, neighborhoods, cities, and activities. Operations focus on user-generated content to facilitate travel planning.
Who are the top competitors of Thatch?
Thatch's top competitors include Atly, Polarsteps and Travel Buddy.
Who are Thatch's investors?
Thatch has 3 investors. Key investors include Wave Capital, Jenny Lefcourt, and Marc Randolph.
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