mcSquares Shark Tank Update

mcSquares Shark Tank Pitch

Anthony Franco appeared on Shark Tank Season 11, Episode 23, which aired on May 13, 2020, with dry erase whiteboard sticky pads and tiles.

mcSquares is listed in the Other category. In plain terms, the business is described as dry erase whiteboard sticky pads and tiles.

mcSquares asked the Sharks for $300,000 for 10%, implying a valuation of about $3 million.

On the show, mcSquares made a listed deal with Kevin O'Leary for $300,000 for 25%.

If treated as straight equity, the listed deal works out to about $1.2 million implied valuation, down from the original $3 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

mcSquares After Shark Tank

mcSquares accepted an on-air Shark Tank deal for $300,000 for 25%, then kept operating after the episode. (mcSquares Shark Tank Update

By June, 2021, update sources put mcSquares annual revenue around $4 million. (mcSquares Shark Tank Update

The company grew 600% in 2020, partially due to a deal with the Novi School District in Michigan for 6,000 whiteboards for both students and teachers. (mcSquares Shark Tank Update

Two crowdfunding campaigns, one on Start Engine and one on We Funder, raised over $650,000. (mcSquares Shark Tank Update

As of July, 2024, the company website redirects to the company Amazon store which is fully stocked. (mcSquares Shark Tank Update

The current brand site points customers to www.mcsquares.com . (mcSquares website

Sources

Sources used for this page: Shark Tank API pitches