What You Should Know:
– Sesame, a New York City-based direct-pay healthcare company, announced that it has raised an additional $24 million, bringing Sesame’s total capital raised to just under $50 million since its founding in 2019. New investments come from Giant Ventures, Industry Ventures and Coefficient Capital, along with existing investors like General Catalyst.
– Founded in 2018, Sesame’s platform connects patients and providers directly, providing clear, affordable prices and transparent descriptions of services to those who benefit from paying costs upfront, whether they’re uninsured or have a high-deductible plan through their insurance. No more surprise medical bills.
– In the past year, Sesame has grown 25x and has added over 1,000 new providers to its platform across all 50 states. As part of this funding news, Sesame is also announcing a prescription medication delivery offering, which will be launching in the coming weeks.
– Sesame will use the new funding to strengthen its dynamic, full-scope marketplace and expand its nationwide telehealth offerings and in-person care.