M.C. Squares

M.C. Squares

Early Stage

We make whiteboarding tools that foster collaboration

We make whiteboarding tools that foster collaboration

Overview

Raised to Date: Raised: $360,753

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/03/2020

Close Date

04/29/2020

Min. Goal
$200,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$11,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/02/2020

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$6,442

# of Investors

350

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Logos provided by Clearbit
Year Founded

2013

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Denver, Colorado

Business Type

Growth

Company Website

M.C. Squares, with a valuation cap of $11 million, is raising funds on WeFunder. The company brings people together for businesses, projects, and schoolwork by making whiteboarding better and more effective. The proprietary products of M.C. Squares include whiteboarding tools like tiles, tablets, and reusable whiteboard stickies. M.C. Squares was founded by Anthony Franco in 2016 and has raised over $2.5 million since its founding. The proceeds of the current crowdfunding round, with a minimum target of $200,000 and a maximum target of $1,070,000, will be used towards marketing, trade shows, new product development, and IP filings. M.C. Squares has generated over $2 million in lifetimes revenues, with a 30% month-over-month revenue growth in 2019.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$184,761

$378,209

COGS

$113,412

$123,541

Tax

$0

$0

 

 

Net Income

$-648,675

$-478,632

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5,446

$112,685

Accounts Receivable

$30,713

$28,224

Total Assets

$204,640

$323,296

Short-Term Debt

$81,605

$52,342

Long-Term Debt

$132,363

$226,608

Total Liabilities

$213,968

$278,950
Financials as of: 03/03/2020
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
M.C. Squares 04/29/2022 Wefunder $18,000,000 $0 SAFE Not Funded RegCF
M.C. Squares 03/26/2022 Dalmore Group $18,000,000 - Equity - Common Not Funded RegCF
M.C. Squares 10/31/2021 StartEngine $16,901,033 $396,006 Equity - Common Funded RegCF
M.C. Squares 12/15/2020 StartEngine $13,000,000 $676,968 Equity - Common Funded RegCF
M.C. Squares 04/28/2020 Wefunder $11,000,000 $360,753 SAFE Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
M.C. Squares on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $11,000,000

Follow company

Follow M.C. Squares on Wefunder
View on Wefunder (Closed)
Deal Analytics
Company Ratings
Deal Considerations

Buy M.C. Squares's Deal Report

Warning: according to the close date for this deal, M.C. Squares may no longer be accepting investments.

M.C. Squares Deal Report

Get KingsCrowd’s comprehensive report on M.C. Squares including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether M.C. Squares is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the M.C. Squares deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge