Main Street Hub Raises $25M in Series C Funding


What does Main Street Hub do?

Main Street Hub, is a leading marketing platform for local businesses. It offers integrates web, social and email marketing products for helping businesses increase their customer base. The company is building the local CRM. It is designed for enabling the merchants increase their customers and make them come back again and again by spreading word of mouth, managing their reputation online, extending customer service and leveraging its merchant network.

The company has built a powerful and integrated marketing platform with a powerful proposition, which is why they have been able to sustain such incredible growth in the past few years.

How much Main Street Hub was funded?

Main Street Hub has raised $25M in Series C funding on July 16th, 2015 from the investor Vista Equity Partners.

Previous funding

  • $2.6M in Seed funding on October 1, 2011 from Harrison Metal, Walter Kortschak, Kortschak Investments, L.P. Partner: Walter Kortschak
  • $2.8M in Seed funding on April 1, 2012 from Harrison Metal, Kortschak Investments, L.P. Partner: Walter Kortschak, Walter Kortschak
  • $1.6M in Series A funding on March 1, 2013 from Harrison Metal
  • $14M in Series B funding on January 14, 2014 from Bessemer Venture Partners(Lead), Harrison Metal, Partner: Charles Birnbaum, Partner: Walter Kortschak, Kortschak Investments, L.P. and Walter Kortschak
  • $20M in Debt Financing on February 22nd, 2015 from Silicon Valley Bank

What is next for Main Street Hub?

The company plans on using the fund to support its rapid growth, which includes plans for introducing many new product offerings and to hire 300 new employees in its New York and Austin office by the end of 2015.

More about Main Street Hub

Main Street Hub was founded in 2010 by Matt Stuart and Andrew Allison. It has its headquarters in Austin, Texas. In 2014, it was 73 on the Inc.500 List of America’s Fastest Growing Companies.