M.C. Squares (2020)
About this raise
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.
Investment Overview
Invested : $360,753
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 03/04/2020
- Close Date
- 04/29/2020
$200,000
$1,070,000
$250
SAFE
Early Stage
RegCF
$11,000,000
0%
Company & Team
Company
- Year Founded
- 2013
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -51.2% YoY
- $184,761
- Monthly Burn
- $54,056
-
Runway
- 0.1 months
- Gross Margin
- 39%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2022 | Wefunder | $18,000,000 | $0 | SAFE | Not Funded | RegCF |
| 02/03/2022 | Dalmore Group | $18,000,000 | - | Equity - Common | Not Funded | RegCF |
| 11/01/2021 | StartEngine | $16,901,033 | $396,006 | Equity - Common | Funded | RegCF |
| 12/29/2020 | StartEngine | $13,000,000 | $676,968 | Equity - Common | Funded | RegCF |
| 10/29/2020 | StartEngine | $12,994,367 | - | Equity - Common | Funded | RegCF |
| 04/29/2020 | Wefunder | $11,000,000 | $360,753 | SAFE | Funded | RegCF |
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.