Search company, investor...

Predict your next investment

Corporate Venture
sesameworkshop.org/sesame-ventures

Investments

10

Portfolio Exits

1

Funds

1

Partners & Customers

3

About Sesame Ventures

Sesame Ventures is the venture arm of Sesame Workshop, and invests in companies that are focused on providing educational, health and social welfare services for children.

Headquarters Location

1900 Broadway

New York, New York, 10023,

United States

Are you an investor?
Submit your portfolio details now to be considered in our investor rankings.

Latest Sesame Ventures News

Sesame Street’s VC fund makes its first investment in tutoring app Yup

Jul 28, 2023

A venture fund formed by Sesame Workshop and New York-based Collaborative Fund early this year has made its first investment in a tutoring platform called Yup. Specifically, Yup (formerly known as MathCrunch) has raised $4 million in a seed extension round led by Collab+Sesame, in which Sesame Ventures is a limited partner, bringing the company’s total capital raised to date to $7.5 million. Yup connects students with tutors online, through its website and native iOS and Android apps. The startup is specifically focused on math and science education. Its service targets students who are 13 years old and up, and tackles STEM subject matter from high school through university. When students first open Yup, a bot briefly interviews them to ascertain what subject matter and level of tutoring help they need to match them with an ideal tutor. Then they are directly connected to a tutor for homework and exam prep help, via direct messaging. In the U.S. market alone, online tutoring services abound, including Chegg, CourseHero, eNotes, GotIt, Varsity Tutors, Wyzant and Tutor.com. Yup CEO and founder Naguib Sawiris said his startup is distinct from these, in part, because its sessions are peer-reviewed. Most platforms take into consideration ratings from customers, meaning students or parents who purchased a tutoring session for them. But on the Yup platform, tutoring sessions are recorded and evaluated within 48 hours, anonymously, by other experienced tutors. A tutoring session on the Yup app. A reviewer gives feedback to Yup about how well a teaching tutor was able to guide a student to understand concepts in any given session. This peer-review method is part of what ensures tutors on the Yup platform do not merely hand out homework answers in a subject students may be grappling with. “We hold our tutors accountable to actual learning. There are too many cheat sites out there that just give students the answers and don’t care about learning,” Sawiris said. As a condition of raising this capital from Sesame Ventures, Yup committed to developing and selling services to charter schools and districts, which can distribute online tutoring help to students who need it, but whose families can’t afford the extracurricular expenditure. Investor  Craig Shapiro said one reason Collab+Sesame backed Yup is the market opportunity, or demand for this kind of service, in the U.S. “Across public schools class sizes are larger, teachers’ attention is eroded, and curriculum quality has degraded. But tutoring is still largely happening offline. It’s like taxis before Uber. Nobody had cracked the nut on how to deliver learning, and not just give away answers online. Yup is doing this in a way that’s not just effective, but makes tutoring more affordable and accessible than having a teacher come to your house. We consider Yup’s competition to be not the other online players but the fragmented market of offline tutoring services,” the investor said. Earlier investors in Yup’s seed round included Floodgate and Index Ventures. Update: This post was updated to clarify the fact that Sesame Ventures has equity stakes in Yup via Collab+Sesame, a fund it jointly formed with Collaborative Fund in 2016, and in which it is a limited partner.

Sesame Ventures Investments

10 Investments

Sesame Ventures has made 10 investments. Their latest investment was in Wonder as part of their Pre-Seed on October 01, 2023.

CBI Logo

Sesame Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/1/2023

Pre-Seed

Wonder

$0.25M

Yes

1/13/2023

Series D

BEGiN

$94.53M

No

1

9/30/2020

Series C

BEGiN

$50M

Yes

5

6/6/2019

Series A

Subscribe to see more

$99M

Subscribe to see more

10

4/17/2019

Seed VC - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

10/1/2023

1/13/2023

9/30/2020

6/6/2019

4/17/2019

Round

Pre-Seed

Series D

Series C

Series A

Seed VC - II

Company

Wonder

BEGiN

BEGiN

Subscribe to see more

Subscribe to see more

Amount

$0.25M

$94.53M

$50M

$99M

$99M

New?

Yes

No

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

5

10

10

Sesame Ventures Portfolio Exits

1 Portfolio Exit

Sesame Ventures has 1 portfolio exit. Their latest portfolio exit was Osmo on January 16, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/16/2019

Acquired

$99M

5

Date

1/16/2019

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

5

Sesame Ventures Fund History

1 Fund History

Sesame Ventures has 1 fund, including Collab+Sesame Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

2/1/2016

Collab+Sesame Fund

$10M

1

Closing Date

2/1/2016

Fund

Collab+Sesame Fund

Fund Type

Status

Amount

$10M

Sources

1

Sesame Ventures Partners & Customers

3 Partners and customers

Sesame Ventures has 3 strategic partners and customers. Sesame Ventures recently partnered with Discovery Education on April 4, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

4/19/2022

Partner

United States

Sesame Workshop and Discovery Education Launch Early Learning Channel for PreK to Grade 2 Kids.

`` Sesame Workshop 's success can be attributed to its collaborative , research-intensive approach to the development of highly engaging , child-centered media and programs , '' said Pete Weir , Chief Product Officer , Discovery Education .

1

9/16/2021

Partner

United States

Subscribe to see more

Subscribe to see more

10

6/18/2020

Partner

Denmark

Subscribe to see more

Subscribe to see more

10

Date

4/19/2022

9/16/2021

6/18/2020

Type

Partner

Partner

Partner

Business Partner

Country

United States

United States

Denmark

News Snippet

Sesame Workshop and Discovery Education Launch Early Learning Channel for PreK to Grade 2 Kids.

`` Sesame Workshop 's success can be attributed to its collaborative , research-intensive approach to the development of highly engaging , child-centered media and programs , '' said Pete Weir , Chief Product Officer , Discovery Education .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

Sesame Ventures Team

10 Team Members

Sesame Ventures has 10 team members, including , .

Name

Work History

Title

Status

Joan Ganz Cooney

Founder

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Joan Ganz Cooney

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Title

Founder

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.