Monday 23 February 2015

Main Street Hub Lands $20M To Bring Social Media Marketing To Small Business

01:11

Main Street Hub, a company that helps mom and pop businesses run social media marketing, customer relationship management (CRM) and marketing automation recently announced it has received $20M in debt financing from Silicon Valley Bank.
The company has raised a total of $40M. The most recent funding before this announcement was $14M in Series B in January, 2014. It has 6000 subscribers who are paying an average of $350 per month using a tiered pricing model, according to company officials.
Most small business owners are swamped just trying to keep their businesses running. They have little time to deal with modern online marketing or monitoring their Yelp page reviews. That’s where Main Street Hub comes in.
For a monthly fee, Matt Stuart, co-CEO at Main Street Hub says his company does all the heavy lifting across online channels for these businesses.

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