When was MainStem founded?

MainStem was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Where is MainStem located?

MainStem is headquartered in Seattle, United States.

How many employees does MainStem have?

As of May 31, 2026, the latest employee count at MainStem is 12.

Is MainStem a funded company?

MainStem is a funded company, having raised a total of $11M across 4 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on May 22, 2018.

When was the latest funding round of MainStem?

MainStem's latest funding was a $***** Series C round on Sep 08, 2023, with participation from 0 investor.

Where does MainStem rank among its competitors?

MainStem ranks 6th amongst 48 active competitors, of which 6 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was MainStem, which secured $325K in Sep, 2023.

Who are the top competitors of MainStem?

MainStem's top competitors include TREEZ, Meadow Care and Cova. Among them, MainStem secured the most recent funding round in September, 2023.

MainStem - 2026 Company Profile, Funding & Competitors

Company Details

Cloud-based software for purchasing cannabis products. The company offers Purchase pro and Supplier core ERP software for cannabis dispensaries. It offers features such as purchasing management, predictive analytics, ERP integration, etc.

Website: www.mainstem.io/
Social
Email ID: *****@mainstem.io
Phone Number: +1 **********

Key Metrics

Founded Year

2014

Location

Seattle, United States

Stage

Series C

Total Funding

$11M in 4 rounds

Latest Funding Round

Series C, Sep 08, 2023, $*****

Investors

Merida Capital Partners & 1 more

Ranked

6^th among 48 active competitors

Employee Count

12 as on May 31, 2026

Similar Companies

TREEZ & 78 more

View MainStem's full profile

MainStem is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MainStem, Inc. CIN: 1748431 , United States, Active		$1M - $5M (As on Aug 03, 2018)	-	-

MainStem has raised a total funding of $11M over 4 rounds. Its first funding round was on May 22, 2018. MainStem has 2 institutional investors.

Here is the list of recent funding rounds of MainStem:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 08, 2023	1336853	Series C	5691740	6108028	9547575	5345208
Sep 06, 2021	2597472	Series C	7225986	8366256	7841242	Merida Capital Partners
Nov 02, 2018	6585226	Series B	5963162	8538535	5950932	9464208

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MainStem's employee count trend

MainStem has 12 employees as of May 26. Here is MainStem's employee count trend over the years:

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Top competitors of MainStem include TREEZ, Meadow Care and Cova. Here is the list of Top 10 competitors of MainStem, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TREEZ 2016, Oakland (United States), Series C	Cannabis retail POS, inventory management, compliance, cashless payments, and ecommerce platform	$75.5M	Kayne Anderson, Synchrony & 11 others	61/100
2nd	Meadow Care 2014, San Francisco (United States), Seed	Provider of POS software for cannabis dispensary management	$2.1M	Liquid 2 Ventures, Slow Ventures & 19 others	54/100
3rd	Cova 2016, Denver (United States), Series A	Provider of POS and dispensary management software	$8M	Golden Opportunities, Timia Capital & 1 others	52/100
4th	IndicaOnline 2011, Los Angeles (United States), Unfunded	Cloud-based marijuana POS software for dispensaries & delivery	-	-	50/100
5th	Blaze 2008, Newport Beach (United States), Series A	Provider of software solutions for the cannabis industry	$9.5M	Act One Ventures, Delta Emerald Ventures & 1 others	47/100
6th	MainStem 2014, Seattle (United States), Series C	Cloud-based software for purchasing cannabis products	$11M	Poseidon Asset Management, Merida Capital Partners	39/100
7th	Roshi 2017, San Francisco (United States), Seed	Provider of web-based supply chain management solutions for cannabis industries	$3.42M	F7, Silverleaf Venture Partners & 2 others	32/100
8th	Sweed 2017, San Francisco (United States), Funding Raised	Provider of POS, marketing, e-commerce, and delivery platform for cannabis dispensaries	-	Windsong	29/100
9th	TechPOS 2017, Vancouver (Canada), Unfunded	Cloud-based store management & POS solutions for omnichannel cannabis retailers	-	-	28/100
10th	Leaf Logix 2015, New York City (United States), Acquired	Provider of cannabis dispensary POS software	-	Tupancy Capital, Salveo Capital	27/100