MC Squares Shark Tank Update
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What Happened to MC Squares After Shark Tank
Is MC Squares still in business? No — the company has shut down.
$3.8M
reported annual revenue
- 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
Last verified Apr 5, 2026. Web-confirmed sources.
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The MC Squares Shark Tank Pitch
Anthony Franco of Thornton, CO pitched MC Squares on Shark Tank Season 11, Episode 23, which aired Wednesday, May 13, 2020, asking for $300,000 for 10% of the company — a $3M valuation.
Kevin O'Leary agreed to invest $300,000 for 25% equity, valuing the company at $1.2M. The deal closed after the show. The terms were later renegotiated: $50,000 for 11% equity (renegotiated down from on-air $300,000 for 25%).
Watch the Pitch
Pitch Details
- Aired
- S11E23May 13, 2020
- Ask
- $300,000for 10%
- Ask Valuation
- $3M
Deal Terms
- Amount
- $300,000
- Equity
- 25%
- Valuation
- $1.2M
Kevin O'Leary