Tech Company Financing Transactions

MainStem Funding Round

Merida Capital Partners, Poseidon Asset Management and private investors invested in a $2.2 million Series B venture round for MainStem. The round was announced by the company on 5/23/2018.

Transaction Overview

Company Name
Announced On
5/23/2018
Transaction Type
Venture Equity
Amount
$2,175,000
Round
Series B
Investors

Merida Capital Partners (Lead Investor) (Mitchell Baruchowitz)

Poseidon Asset Management

Proceeds Purpose
This capital investment will be used to grow our technology-driven marketplace solution and expand our platform integrations with other cannabis industry leaders, giving us the ability to scale accordingly with market growth and demand, says Alen Nguyen, Chairman, and CEO of MainStem, Inc.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
612 S Lucile St.
Seattle, WA 98108
USA
Email Address
Overview
Our Core Values are the driving force of how we work. We work tirelessly to bring you great products at the best prices and differentiate ourselves with our over the top service and professionalism.
Profile
MainStem LinkedIn Company Profile
Social Media
MainStem Company Twitter Account
Company News
MainStem News
Facebook
MainStem on Facebook
YouTube
MainStem on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Alen Nguyen
  Alen Nguyen LinkedIn Profile  Alen Nguyen Twitter Account  Alen Nguyen News  Alen Nguyen on Facebook
Chief Technical Officer
Garrett Hampton
  Garrett Hampton LinkedIn Profile  Garrett Hampton Twitter Account  Garrett Hampton News  Garrett Hampton on Facebook
VP - Sales
Erin Stearns
  Erin Stearns LinkedIn Profile  Erin Stearns Twitter Account  Erin Stearns News  Erin Stearns on Facebook


 

 

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Prev: 5/23/2018: Tidelift venture capital transaction
Next: 5/23/2018: Grail venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on tech company VC transactions. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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