+7%

est. 2Y upside i

HealthcareSeries B

Sesame is the first-ever healthcare marketplace, connecting thousands of healthcare providers across all 50 states directly with American consumers who are seeking high-quality, convenient medical care at half the price of what is typical.

Rank

#1891

Sector

Digital Health

Est. Liquidity

~2Y

Data Quality

Data: Low

Sesame has a strong moat and key partnerships, but the lack of current financial data and a stale 2022 valuation make equity upside unquantifiable.

Last updated: July 3, 2026

Bull (10%)+160%

Strong growth from pharmacy partnerships (Eli Lilly, Novo Nordisk) and network effects drive revenue; exit multiple expands to 8x forward revenue, but entry valuation unknown so upside estimate is highly uncertain.

Base (55%)+24%

Steady growth from direct-pay model and retail deals; multiple converges to comp range (~4x), but stale mark and dilution cap returns.

Bear (35%)-64%

Teladoc/Amazon competition intensifies, regulatory action on 1099 misclassification, and need for dilutive capital round push exit below preference stack; common stock near zero.

Est. time to liquidity~2.0 years

Preference Stack Risk

high

Funding Intensity

0%

$90M total funding creates a significant liquidation preference overhang; if exit is below $90M, common stock recovers ~0%.

Dilution Risk

high

Latest round was 4 years ago; likely need to raise capital within 2 years, diluting existing shareholders 15-25%.

Secondary Liquidity

none

No secondary market activity reported; equity is illiquid until exit.

Finance — 1 role

View all 1 open roles at Sesame →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Sesame's data — designed to show you've done your homework.

  • 1

    “How does Sesame plan to defend against Teladoc and Amazon One Medical's scale?”

  • 2

    “What is your current revenue run-rate and year-over-year growth?”

  • 3

    “What was the last 409A valuation and what is the current option strike price?”

Community

Valuation Sentiment

Our model estimates +7% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.