MC Squares

Modular dry-erase products to replace sticky notes

MC SquaresDealHome & LifestyleWebsiteThornton, COby Anthony FrancoS11E23

Pitch Details

Season / Episode

S11E23

May 13, 2020

Ask

$300,000

for 10%

Ask Valuation

$3M

Deal

$300,000

for 25%

Watch the Pitch

Deal Terms

Amount$300,000
Equity25%
Valuation$1.2M

What Happened Next

Shut Down

$3.8M

reported

  • 600% revenue growth in 2020 following Shark Tank appearance
  • Secured contract with Michigan's Novi School District for 6,000 whiteboards
  • Raised over $650,000 through two equity crowdfunding campaigns
  • 2021 annual revenue reached $4 million with approximately 300% annual growth
  • Filed Chapter 11 bankruptcy on December 22, 2023 with $3.3 million owed to 43 creditors against $900,000 in assets

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