Sesame
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 2.9m | 7.3m | 8.8m | 9.8m | 14.9m |
% growth | - | 150 % | 21 % | 12 % | 52 % |
Date | Investors | Amount | Round |
---|---|---|---|
$1.5m | Seed | ||
$23.6m | Series A | ||
$24.0m | Late VC | ||
* | $27.0m | Series B | |
Total Funding | CAD104m |
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Recent News about Sesame
EditSesame Care is a healthcare startup that leverages telehealth technology to connect patients with doctors and specialists for a variety of medical needs. Operating primarily in the United States, Sesame Care serves clients in states like Texas, California, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, and North Carolina. The company caters to a wide range of patients seeking affordable and accessible healthcare services, including urgent care, prescription refills, dermatology, mental health, and general doctor appointments.
The business model of Sesame Care is built around its telehealth platform, which allows patients to book online appointments with licensed clinicians. These clinicians operate independently but use Sesame's platform to provide their services. This setup enables Sesame Care to offer competitive pricing by cutting out the middleman and reducing overhead costs. Patients can find and book appointments with top-rated doctors and specialists, often at lower prices than traditional healthcare providers.
Sesame Care also partners with Quest Diagnostics to offer affordable lab and blood work services. This partnership further enhances the company's value proposition by providing a one-stop-shop for various healthcare needs. By focusing on direct pay prices, Sesame Care eliminates the complexities and high costs associated with insurance, making healthcare more accessible to a broader audience.
Revenue generation for Sesame Care comes from the fees charged for telehealth appointments and lab services. Patients pay directly for the services they receive, which simplifies the payment process and ensures transparency in pricing. This direct-pay model not only benefits patients but also allows healthcare providers to receive payments promptly.
In summary, Sesame Care is revolutionizing the healthcare market by offering affordable, accessible, and high-quality telehealth services. Its innovative platform connects patients with a wide range of healthcare providers, making it easier for people to get the care they need without breaking the bank.
Keywords: telehealth, affordable healthcare, online appointments, urgent care, prescription refills, dermatology, mental health, Quest Diagnostics, direct pay, licensed clinicians.