MC Squares Net Worth 2024 Update (Before & After Shark Tank)

As of 2024, MC Squares filed for Chapter 11 bankruptcy with $2.4M in revenue and $900K in assets​.
Picture of GAG Team

MC Squares, founded by Anthony Franco in 2013, revolutionized office products with reusable dry-erase tools aimed at reducing paper waste.

After appearing on Shark Tank in 2020, the company secured a $50,000 investment from Kevin O’Leary for 11% equity. Following the show, MC Squares saw rapid growth, expanding its product range and revenue.

However, scaling too quickly led to financial difficulties, and in December 2023, the company filed for Chapter 11 bankruptcy, citing $3.3 million in debt. Despite this, their products remain available on platforms like Amazon.

MC Squares Net Worth

Estimated Net worth$1.2 million (2020) Business Valuation
Annual Sales RevenueNot available
Lifetime sales$4 million
InvestorKevin O’Leary
FounderAnthony Franco
Employees13 employees

MC Squares Pitch on Shark Tank

Company nameMC Squares
ProductModular dry-erase products to replace sticky notes
EpisodeSeason 11 Episode 23
Founder Anthony Franco
Asked for$300,000 for 10% equity
Final deal$300,000 for 25% equity
Shark Kevin O’Leary
LocationThornton, United States

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MC Squares Founder

MC Squares was founded by Anthony Franco in 2013. He’s the CEO of M.C. Squares. Before, he started Effective, a big Denver firm specializing in user experience and digital product development. He’s held leadership roles in various areas like creative direction, film post-production, tech architecture, marketing automation, product development, and manufacturing. MC Squares’s founder, Anthony Franco’s net worth is unknown as of 2024.

Key accomplishments

YearAccomplishment
2017 – 2019Franco used three Kickstarter campaigns from 2017 to 2019 to gather a total of $65,563 for each new product’s funding.
2020
Mc Squares expanded to a 25,000-square-foot facility in Thornton, CO. In 2020The company appeared on Shark Tank Season 11 and got the deal from Kevin O’Leary.

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for MC Squares and its continued success.

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