United States · Series C startup

Who invested in MainStem

2 rounds we have observed, with the one investor named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cannabis

Funding summaryUpdated 26 Oct 2026

$7.2Mraised across 2 rounds since 2018, from 2 sources

$2.2MSeries B$5.0MSeries C
Latest round
Series C, $5.0MAug 2021
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Investors
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See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

201920202021
$2.2MSeries B$5.0MSeries C
First round
Series B, $2.2M
May 2018
Biggest round
$5.0M
Series C · Aug 2021
Between rounds
3.2 years
from the last two

The rounds

  1. Aug 2021
    Series C$5.0M

    No investor was named in the report.

    Source recordedSEC filing: $5.0M sold, first sale Sept 2021

  2. May 2018
    Series B$2.2M1 new
    • Merida Capital Partners/ Poseidon Asset Management

    Reported by FinSMEsSEC filing: $2.0M sold, first sale Jul 2018

Everyone who backed them

Merida Capital Partners/ Poseidon Asset Managementno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about MainStem

Who invested in MainStem?

MainStem's investors include Merida Capital Partners/ Poseidon Asset Management.

How much has MainStem raised?

MainStem has raised $7.2M across 2 rounds since 2018.

When did MainStem last raise?

MainStem's most recent round was a Series C of $5.0M in Aug 2021.

What was MainStem's biggest round?

Its most recent round, $5.0M in Aug 2021, is also its largest on record.

Who backed MainStem first?

MainStem's first round on record, in May 2018, was backed by Merida Capital Partners/ Poseidon Asset Management.

What stage is MainStem at?

MainStem's latest named round is a Series C, in Aug 2021.

Where is MainStem based?

MainStem is based in the United States.

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