Tuesday, 6 May, 2025

Employer.com Acquires MainStreet.com to Strengthen Back-Office Automation Platform

Employer.com has acquired MainStreet.com, a San Jose-based fintech startup specializing in helping startups claim R&D tax credits, for an undisclosed amount. Founded in 2019, MainStreet achieved $15 million in revenue by 2021 but faced challenges in 2022, including a 30% staff reduction and a valuation drop from $500 million to $200 million. The acquisition aligns with Employer.com's strategy to automate comprehensive back-office solutions.