# Credit Sesame

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/credit-sesame

- Industry: Financial Services
- Headquarters: Mountain View, US
- Website: www.creditsesame.com/
- Total disclosed funding: $131M
- Latest round: Series G (Jun 8, 2021)
- Investors on record: 12

## About

Credit Sesame, Inc. is a US-based company specializing in credit management tools and financial services, empowering consumers to enhance their credit health and financial stability effectively through accessible resources.Founded in 2010 and headquartered in Mountain View, US, Credit Sesame, Inc. offers tools for consumers to manage their credit profiles and enhance financial literacy. The founder, Adrian Nazari, has significant experience in the financial services sector. The company has raised a total of USD 51.00 mn through funding rounds, culminating in their latest funding, Series G, supported by investors such as ATW Partners and Menlo Ventures. The company has completed 12 deals to date, with a current valuation of USD 509.72 mn.Credit Sesame primarily offers a suite of financial products and services aimed at empowering consumers to manage their credit and financial health effectively. Their core offerings include free access to credit scores and reports, which are updated daily and provided without any requirement for credit card information. The platform allows users to view factors that impact their credit scores, receive alerts regarding changes in their credit profiles, and explore tailored credit card and loan offers based on their creditworthiness. Additionally, customers can build credit through everyday debit purchases and monthly rent payments, supported by features like 24/7 fraud alerts, dark web monitoring, and identity theft insurance. Credit Sesame serves a diverse client base, including individuals looking to improve their credit scores and those seeking loan and credit card options, primarily in the United States, with functionalities that cater to various financial needs.Credit Sesame generates revenue through various channels, including subscription models and partnerships with financial institutions. Their flagship service, Sesame Cash, is a prepaid debit card designed to help users build credit through daily spending, while premium features under the Sesame+ subscription provide enhanced financial insights and personalized action plans. The company's transactions typically involve a direct-to-consumer model, where users access free services but may incur fees for premium offerings or specific products. Pricing structures for their services include a potential monthly fee associated with Sesame Cash, which can be waived under certain conditions. This transactional framework allows Credit Sesame to engage with both individual customers and financial partners, creating a robust ecosystem for managing credit and financial products.Credit Sesame plans to expand its product offerings, focusing on the development and launch of innovative financial tools aimed at improving consumer credit and financial management. Additionally, the company is targeting expansion into new geographic markets, with specific plans to increase its presence in underserved areas of the US by the end of 2024. The recent funding raised during the Series G round will be utilized to support these initiatives, enhancing their technology infrastructure and marketing efforts to reach a broader audience.

## Funding rounds

- Series G, Jun 8, 2021, $51M — Globespan Capital Partners, Menlo Ventures, IA Capital Group, Healthcare of Ontario Pension Plan, Inventus Capital Partners, ATW Partners
- Series F, Aug 22, 2019, $13M — ATW Partners
- Series E, Oct 25, 2017, $32M — Globespan Capital Partners, Menlo Ventures, IA Capital Group, Inventus Capital Partners, SF Capital Group
- Series D, Mar 13, 2015, $15M — Globespan Capital Partners, Menlo Ventures, IA Capital Group, Inventus Capital Partners, Syncora Alternative Investments
- Series C, Jun 11, 2012, $12M — Globespan Capital Partners, Menlo Ventures, Inventus Capital Partners, Camp One Ventures
- Series B, Mar 9, 2011, $6.2M — Menlo Ventures, Inventus Capital Partners
- Series A, Apr 1, 2010, $1.2M — Inventus Capital Partners, Grail Partners, Plug and Play, Grauer Brothers Capital

## Investors

- Inventus Capital Partners (https://capitalatlas.ai/funds/inventus-capital-partners) — Series A, Series B, Series C, Series D, Series E, Series G
- Grail Partners (https://capitalatlas.ai/funds/grail-partners) — Series A
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Series A
- Grauer Brothers Capital — Series A
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series B, Series C, Series D, Series E, Series G
- Globespan Capital Partners (https://capitalatlas.ai/funds/globespan-capital-partners) — Series C, Series D, Series E, Series G
- Camp One Ventures (https://capitalatlas.ai/funds/camp-one-ventures) — Series C
- IA Capital Group (https://capitalatlas.ai/funds/ia-capital-group) — Series D, Series E, Series G
- Syncora Alternative Investments (https://capitalatlas.ai/funds/syncora-alternative-investments) — Series D
- SF Capital Group — Series E
- ATW Partners (https://capitalatlas.ai/funds/atw-partners) — Series F, Series G
- Healthcare of Ontario Pension Plan — Series G