Thatch Closes Additional $3 Million

Thatch has announced a $3 million Seed II round led by Wave Capital. They were joined by Freestyle VC’s Jenny Lefcourt and Netflix co-founder Marc Randolph. It brings Thatch’s total investment to $5.2 million since the company was founded by West Askew, Abby West and Shane Farmer in 2018. The mobile app provides tools for creators to build their own travel-based businesses in order to curate, share and eventually be able to sell interactive travel guides and planning services. Thatch makes money when the creators do, taking a small percentage of the transactions.