FundedIQ
Financial Services

MainStreet: Funding, Investors & Team (Aug 2026)

MainStreet identifies and claims government incentives, tax credits, deductions, and stimulus funds for startups and SMBs. The company’s platform scans payroll and accounting systems to match federal, state, and local tax credits, in addition to managing legal workflows, to help clients save money and time. MainStreet charges a flat 20% success fee upon incentive disbursement. MainStreet is backed by leading investors SignalFire, Gradient Ventures, Sound Ventures, Tusk Venture Partners, SV Angel, Moxxie Ventures, Weekend Fund, and Shrug Capital, among others. Daniel Griffin, Doug Ludlow, and Dan Lindquist founded MainStreet in 2019 in San Jose, California.

www.mainstreet.com LinkedIn San Jose, United States 101-250 employees
Financial Services FinTech Government GovTech Software
Total raised
$62.0M
Rounds
2
Latest
Debt Financing
Jan 2022

MainStreet has raised $62.0M across 2 funding rounds on record, the most recent a Debt Financing of $2.0M announced in Jan 2022.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

MainStreet Company Profile and Key Stats

Total funding raised
$62.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Debt Financing
$2.0M in Jan 2022
Employees
101-250
reported band
Headquarters
San Jose, United States

Latest funding round on record: Jan 2022.

MainStreet Funding Rounds

Date
Round
Amount
Debt Financing
$2.0M
Series A
$60.0M

MainStreet raised $60.0M in a Series A announced in Mar 2021.

10 months later, a Debt Financing of $2.0M was announced in Jan 2022.

MainStreet Founders and Leadership Team

Name
Role
Contact
Doug Ludlow
CEO
Locked

Contact details for the MainStreet team: 1 of 1 has an email address on file.

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MainStreet Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

MainStreet's latest round of $2.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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MainStreet Funding FAQs

What does MainStreet do?

MainStreet identifies and claims government incentives, tax credits, deductions, and stimulus funds for startups and SMBs. The company’s platform scans payroll and accounting systems to match federal, state, and local tax credits, in addition to managing legal workflows, to help clients save money and time. MainStreet charges a flat 20% success fee upon incentive disbursement. MainStreet is backed by leading investors SignalFire, Gradient Ventures, Sound Ventures, Tusk Venture Partners, SV Angel, Moxxie Ventures, Weekend Fund, and Shrug Capital, among others. Daniel Griffin, Doug Ludlow, and Dan Lindquist founded MainStreet in 2019 in San Jose, California.

How much funding has MainStreet raised?

MainStreet has raised $62.0M across 2 rounds on record. The most recent is a Debt Financing of $2.0M announced in Jan 2022.

When did MainStreet last raise funding?

MainStreet's most recent funding round on record is a Debt Financing of $2.0M, announced in Jan 2022.

Who is the CEO of MainStreet?

Doug Ludlow is listed as CEO at MainStreet.

Where is MainStreet headquartered?

MainStreet is based in San Jose, California, United States.

How many employees does MainStreet have?

MainStreet is in the 101-250 employee band.

How does MainStreet's funding compare to other Financial Services startups?

MainStreet's latest round of $2.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's MainStreet Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for MainStreet is left off this page rather than filled in.

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