Emperor.com has obtained Main Street.com for an unknown amount of money, which ends through the latest fantake startup Work Force Management Company.
I A post on xBoth companies are “integrating the business back office solutions to simplify the business back office solution in a powerhouse platform,” said Tansley, chairman and co -founder of Amar.com. Tansley confirmed the pursuit of a tech cranch.
Main StreetSan Jose, a startup based in California, was founded in 2019, which built a business around Startups to help research and expose development tax credit. Startup received the tax by putting it from the credit pond. Had something in Main Street Success in its first yearMillion, crossing the 1 million Arr run rate rate limit and helping the average client, saving 000 51,000. In 2021, Main Street revenues crossed $ 15 million, Not boring per industry newsletter.
When the mainstream appeared in 2022 signs of potential disturbance About 30 % of his staff stoppedReferring to the “amazingly rough market”. In 2021, in his prime minister, Main Street Million is worth 500 million. It was said that the company had stopped financing in 2022 Million at a cost of 200 million.
It is unclear whether the Balance Sheet of Central Street Immediately from this acquisition. Looks like before, though Tansley told Tech Crunch in an interview that the company was profitable. Overall, the mainstream raised about $ 75 million in known venture capital from investors such as signal fire, Tusk Ventures, Shrig, Maxi Ventures, Week & Fund, Milan Ventures, Sounds and SV Angels.
According to Tansley, a mainstream investor introduced the company to Emperor.com. A team of 15 people from Main Street will join Emperor.com as part of the transaction, with close to 500 employees in all its companies.
With this acquisition, the price of employer.com is just north of Million 700 million, Tonsley said.
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San Francisco -based company has recently been on a shopping.
At the end of 2024, Emperor.com announced that it is Obtaining benchA VC -backed accounting startup that has closed thousands of users with their accounts then Suddenly closed.In the sale of fire. Last week, the bench was held A period of important roofs. And in January, the Emperor DotCm was with Offer to receive SurfaceA fantasy startup that failed to find a buyer suddenly stopped but did not go through the deal.
In an interview, he told the Tech Crunch, “When we actually started Emperor.com and then bought a bench, its theme … mainly for the Business Back Office is automatically automating the platform for G Sweet at the end.” Tonsley said buying mainstream is in accordance with this purpose.
At the end of January, Tansley and Emperor.com were allegedly forming a team to collect the ticket with Utuber Mistrabest and others. An all -cash bid for the appAccording to A Report It is not clear in Bloomberg that the alleged purchase attempt happened while Tansley publicly Verification In March, he was part of a $ 30 billion bid.
This story was refreshed by the Post Publication to reflect the correct amount of central street funding