SAN FRANCISCO (October 28, 2025) – Thatch has partnered with Grow Therapy (Grow), a mental health platform, to add its rigorously vetted network of more than 23,000 providers to the Thatch Marketplace. Together, the organizations will give members streamlined access to quality mental health care while enabling employers to offer comprehensive, affordable mental health benefits without added administrative burden. The Thatch Marketplace is a curated ecosystem of high-impact health and wellness services, all available through the same tax-free allowance members already use for insurance.
Mental health care is one of the most vital but underutilized healthcare services. Nearly half of Americans with mental health conditions go untreated, according to the National Institute of Mental Health.1 For many, high out-of-pocket costs and the challenge of finding the right provider stand in the way. Thatch and Grow Therapy address both obstacles, expanding Grow’s national reach while delivering greater value to Thatch members.
With this partnership, Thatch members can now book licensed therapy and psychiatry sessions using their existing healthcare dollars. Employers are able to offer a competitive benefit that integrates directly into the Thatch platform, eliminating uncertainty about where to direct employees for high-quality, affordable mental health services. Grow’s platform expertly matches Thatch members with mental health providers equipped to meet their needs. The search for the right fit can be customized based on characteristics ranging from treatment specialty, age, race, ethnicity, gender, and language.
“At Grow, we’re focused on innovative ways to expand access to mental health care that enhance quality of life, boost productivity, and support overall well-being, while also helping employers manage rising costs,” said Manoj Kanagaraj, Chief Strategy Officer and Co-founder of Grow. “Thatch’s modern Marketplace offers a strong opportunity to pursue these goals with a partner who shares our vision, and we’re excited about what we can achieve together.”
"We’re seeing companies place a stronger focus on mental health benefits, and Grow has the scale and quality to actually deliver,” said Chris Ellis, Co-founder and CEO of Thatch. “Adding Grow’s proven network is another step toward our vision of delivering true choice for employees and real savings for employers through modern, personalized benefits. We're excited about the partnerships we're building into 2026 and beyond.”
About Grow Therapy
Grow Therapy is a mental health platform that empowers providers to deliver exceptional in-person and online therapy and psychiatric care. Its rigorously vetted network of 23,000 providers delivers high-quality care covered by insurance, with 180 million Americans able to access Grow through their health plan. Grow Therapy has raised $178 million, and key investors include Sequoia Capital, Goldman Sachs Alternatives, Transformation Capital, TCV, SignalFire, and Plus Capital. Learn more at growtherapy.com.
About Thatch
Thatch is an all-in-one platform that makes it easy for companies to offer personalized healthcare benefits using ICHRA (Individual Coverage Health Reimbursement Arrangements). By combining fintech and healthtech solutions, Thatch empowers businesses to provide tax-free dollars their team members can use to purchase personalized health coverage. Since launching in 2023, Thatch has helped more than 1,000 companies across every industry improve their healthcare coverage while controlling costs. Learn more at thatch.com.
1 Source: National Institute of Mental Health, "Mental Illness," September 2024. Available at: https://www.nimh.nih.gov/health/statistics/mental-illness
