About Sesami
Sesami is a Technology company based in Mebane (United States) founded in 1998, and was acquired by GardaWorld in August 2022. Cash automation and recycler solutions are provided by ARCA. It operates on a SaaS (Software-as-a-Service) and Managed Services model. 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. Its focus areas include Financial Technology, Cash Management Solutions, Retail and Retail Technology. Its legal entity is Sesami Corporation. Its competitors include ProsperOps, PayUp and Cheddar Card; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Mebane, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website arca.com
- Social LinkedIn X Facebook
- Acquired by GardaWorld (Aug 2022)
- Legal Name Sesami Corporation
- Total Equity Funding$14M (USD)
in 2 rounds
- Latest Funding Round$95M (USD), Debt – Conventional
Jan 2021
- InvestorsGardaWorld Security
& 1 more
- Investments & AcquisitionsCTS Electronics
& 1 more
- Acquired byGardaWorld
(Aug 2022)
Products & Services of Sesami
Sesami offers a comprehensive portfolio of products and services, including Sesami Enterprise Software (SES), Intelligent Devices, and Managed Services.
AI-driven platform for dynamic cash management solutions.
Devices for automated and secure cash handling.
Outsourcing solutions for streamlined cash operation management.
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 $14M
- Total Rounds 2
- Last Round Debt – Conventional — $95M
- First Round $14M
(Aug 2017)
- Investors Count 1
All 2 funding rounds of Sesami with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $95M | Debt – Conventional | – | – | |
| Aug 2017 | $14M | Series B | – | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and credit investment services for North American middle-market companies. | comvest.com | |||
Integrated security and risk management solutions are provided for businesses. | 1995 | garda.com | Montreal, Canada |
Investor details for Sesami
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Sesami
57 people are tracked at Sesami (14 in leadership, 43 in team).
| Name | Role | Group |
|---|---|---|
Hank Winfield | President | Leadership |
Stefano Parmegiani | Chief Manufacturing & Supply Chain Officer | Leadership |
Briana Aguilar | Project Director | Leadership |
Lauren Slaughter | Director of Strategic Sales Partnerships | Leadership |
Leonardo Sergi | Head Of Digital Technologies | R&d Director | Leadership |
Jerry “Jay” Ockman | Director of Sales - West United States | Leadership |
Bret Leary | VP, North America Sales | Leadership |
Moreno Fabris | Head of Automation Devices | R&D Director | Leadership |
Joseph Hancock | Chief Technology Officer | Leadership |
Marco Garda | Head of Engineering, Quality & Continuous Improvement | Leadership |
Bryan Dooley | Marketing Director | Leadership |
Fabio Pent | Global Technical and Professional Services Support Director | Leadership |
Stefano Truscello | Global Human Resources Director | Leadership |
Tyler Wolf | Director of NA Products and Solutions | Leadership |
Alberto Crutto | Financial Reporting Europe Manager | Team |
Carlotta Fey | Financial Planning and Analysis Specialist | Team |
Cristiano Roffinott | Process Engineering / Continuous Improvement | Team |
Dino Martorana | Engineering | Team |
Michael Pynn | Electrical Engineer | Team |
Yuri Bertsch | QA Engineer | Team |
37 more people are available in the full profile.
Complete people profiles for Sesami
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Sesami
Sesami has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CTS Electronics and PROSECURE.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of inspection services for lifting gear, lightning protection systems, and pressure vessels | prosecure.bz.it | Bolzano, Italy | 0 | Jun 2016 | •••• | |
Money handling systems are supplied by CTS Electronics. | ctsgroup.it | Ivrea, Italy | 1986 | Dec 2014 | •••• |
Complete acquisition details for Sesami
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Timeline of Sesami
6 dated milestones of Sesami across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Sesami is founded.
- Acquisition Acquires CTS Electronics.
- Acquisition Acquires PROSECURE.
- Funding First funding round of $14.0M.
- Funding Latest funding round, Debt – Conventional, of $95.0M.
- Exit Acquired by GardaWorld.
Competitors of Sesami
Sesami has 3 listed competitors in our database, 1 of them funded. They include ProsperOps, PayUp and Cheddar Card.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| prosperops.com | 2018 | Austin, United States | $72M | 24 | Reserved instances are autonomously managed to optimize cloud costs. | |
| payup.com | 1998 | Los Angeles, United States | Vendor payments are automated by PayUp for streamlined accounts payable. | |||
| cheddarcard.com | 2014 | Redwood, United States | Provides articles and tips for playing online slot games. |
Detailed competitors of Sesami
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Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Sesami (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Sesami
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Frequently Asked Questions about Sesami
Sesami was founded in 1998 and raised its 1st funding round 19 years after it was founded.
Sesami is headquartered in Mebane, United States. It is registered at Mebane, North Carolina, United States.
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 2017.
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.
Sesami's top competitors include ProsperOps, PayUp and Cheddar Card.
Sesami offers Sesami Enterprise Software (SES), Intelligent Devices, and Managed Services.
Sesami has made 2 acquisitions, including CTS Electronics, and PROSECURE.
Sesami has 2 investors. Key investors include GardaWorld Security, and Comvest Partners.
Sesami operates through Sesami Corporation.
Yes. Sesami was acquired by GardaWorld in August 2022.