About Sesami
Sesami is a company based in Mebane (United States) founded in 1998 was acquired by GardaWorld in August 2022. It operates as a SaaS (Software-as-a-Service), and Managed Services. Sesami has raised $14 million across 2 funding rounds from investors including GardaWorld Security and Comvest Partners. Sesami has completed 2 acquisitions, including CTS Electronics and PROSECURE. Sesami offers products and services including Sesami Enterprise Software (SES), Intelligent Devices, and Managed Services. Sesami operates in a competitive market with competitors including ProsperOps, Dimply, ProSpend, Know-It and Hedgify, among others.
- Headquarter Mebane, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Sesami Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14 M (USD)
in 2 rounds
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Latest Funding Round
$95 M (USD), Debt – Conventional
Jan 01, 2021
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Investors
GardaWorld Security
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
CTS Electronics
& 1 more
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Acquired by
GardaWorld
(Aug 24, 2022)
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Products & Services of Sesami
Sesami offers a comprehensive portfolio of products and services, including Sesami Enterprise Software (SES), Intelligent Devices, and Managed Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-driven platform for dynamic cash management solutions.
Devices for automated and secure cash handling.
Outsourcing solutions for streamlined cash operation management.
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Software Development Team
17 people
Sales and Marketing
11 people
Human Resources and Administration
5 people
Finance and Accounting
4 people
Leadership Team
4 people
Product Management Team
4 people
Senior Team
2 people
Project Team
2 people
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Funding Insights of Sesami
Sesami has successfully raised a total of $14M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $95 million completed in January 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 2
- Last Round Debt – Conventional — $95.0M
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First Round
First Round
(04 Aug 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2021 | Amount | Debt – Conventional - Sesami | Valuation |
investors |
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| Aug, 2017 | Amount | Series B - Sesami | Valuation |
investors |
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| 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 Sesami
Sesami has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include GardaWorld Security and Comvest Partners. 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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Private equity and credit investment services for North American middle-market companies.
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Founded Year | Domain | Location | |
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Integrated security and risk management solutions are provided for businesses.
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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 Sesami
Sesami has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CTS Electronics and PROSECURE. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Money handling systems are supplied by CTS Electronics.
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1986 | ||||
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Provider of inspection services for lifting gear, lightning protection systems, and pressure vessels
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sesami
| 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 |
Sesami Comparisons
Competitors of Sesami
Sesami 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 ProsperOps, Dimply, ProSpend, Know-It and Hedgify, 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 |
Reserved instances are autonomously managed to optimize cloud costs.
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| domain | founded_year | HQ Location |
AI-based money management solutions are offered for businesses and individuals.
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| domain | founded_year | HQ Location |
Spend management solutions are delivered via a software platform.
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| domain | founded_year | HQ Location |
Credit management platform for checking, chasing, and collecting business invoices.
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| domain | founded_year | HQ Location |
AI-powered solutions to help businesses manage production margins and protect against price volatility
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| domain | founded_year | HQ Location |
Offers SaaS-based tools for precise cost management in industrial applications.
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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 Sesami
Frequently Asked Questions about Sesami
When was Sesami founded?
Sesami was founded in 1998 and raised its 1st funding round 19 years after it was founded.
Where is Sesami located?
Sesami is headquartered in Mebane, United States. It is registered at Mebane, North Carolina, United States.
Is Sesami a funded company?
Sesami is a funded company, having raised a total of $14M across 2 funding rounds to date. The company's 1st funding round was a Series B of $14M, raised on Aug 04, 2017.
What does Sesami do?
Sesami is relied upon for providing innovative cash management solutions to banking, retail, and service industries worldwide. AI-enabled enterprise software and intelligent devices are offered to transform cash handling processes. Solutions are tailored for consumer businesses and financial institutions, ensuring seamless integration across cash ecosystems. Operational efficiency, security, and accountability are enhanced through a unified platform. Sesamis technology adapts to unique operational needs, delivering exceptional ROI and visibility at every touchpoint. A global presence is maintained with offices in multiple regions.
Who are the top competitors of Sesami?
Sesami's top competitors include ProsperOps, ProSpend and Dimply.
What products or services does Sesami offer?
Sesami offers Sesami Enterprise Software (SES), Intelligent Devices, and Managed Services.
How many acquisitions has Sesami made?
Sesami has made 2 acquisitions, including CTS Electronics, and PROSECURE.
Who are Sesami's investors?
Sesami has 2 investors. Key investors include GardaWorld Security, and Comvest Partners.