Credit Sesame raises $16M in Series D

What does Credit Sesame do?

Credit Sesame, is a personal finance company which focuses on aiding customers monitor and manage their loans and credits. It is an online tool which enables users to save money on their loans and mortgage by unlocking their credit potential. It provides tools which can be used to take control of the finances, borrow smarter, receive unbiased advice and monitor debt and credit. In just a few minutes, Credit Sesame’s technology analyzes the entire debt situation of the customer against thousands of loans from big financial institutions and finds the best and pre-qualifies loan solutions for their financial goals.

It proactively monitors market changes and the financial picture which delivers in time alerts and product recommendations for maximizing the savings.

How much Credit Sesame was funded?

Credit Sesame has raised $16M in Series D funding on May 12^th, 2015 from Syncona Partners LLP, IA Capital Group, Menlo Ventures, Inventus Capital Partners and Globespan Capital Partners.

Previous funding

$1.2M in Series A on April 29, 2010 from Grauer Brothers Capital, Plug & Play Ventures, Grail Partners, Paul Longhenry and Inventus Capital Partners.

$6.2M in Series B on March 9, 2011 from Menlo Ventures and Inventus Capital Partners

$12M in Series C on June 11, 2012 from Camp One Ventures, Globespan Capital Partners, Inventus Capital Partners and Menlo Ventures.

What is next for Credit Sesame?

The latest investment will help company to increase its marketing and to expand its customer services for credit and loan management and to open offices in San Francisco. The company is expecting to raise additional capital in the near future.

More about Credit Sesame

Credit Sesame was founded on April 1^st, 2010 by Adrian Nazari. It has its headquarters in Mountain View, CA. It can be accessed online through desktop and mobile devices. Consumers can sign for it in less than 90 seconds and get their personal finances managed.