What happened with MC Squares on Shark Tank Season 11? MC Squares, a company that makes dry erase whiteboard sticky pads and tiles, appeared on Season 11 of Shark Tank seeking $300,000 for 10% equity. They successfully secured a deal with Kevin O’Leary for $300,000 in exchange for 25% equity.
Summary
- MC Squares appeared on Shark Tank Season 11 seeking $300,000 for 10% equity.
- The company offers dry erase whiteboard sticky pads and tiles.
- Kevin O’Leary invested $300,000 for 25% equity.
- MC Squares continues to operate and grow its business.
- The company has expanded its product line and distribution channels.
MC Squares Shark Tank Update | Shark Tank Season 11
Traditional whiteboards are bulky and inflexible. Recognizing this, entrepreneur Anthony Franco sought to create a solution that was both versatile and sustainable.
This led him to develop MC Squares, a unique line of dry-erase sticky pads and tiles that offer a modern twist on the classic whiteboard.
The Need for Innovative Whiteboard Solutions
Traditional whiteboards often lack portability and can be challenging to integrate into dynamic work environments. Furthermore, the use of paper sticky notes contributes to unnecessary waste.
MC Squares addresses these issues by providing reusable, adhesive dry-erase surfaces that can be easily applied to various surfaces, promoting collaboration and reducing environmental impact.
MC Squares on Shark Tank Season 11
1. The Pitch
| Entrepreneurs | Anthony Franco |
|---|---|
| Business | MC Squares |
| Ask | $300,000 for 10% |
| Deal | $300,000 for 25% |
| Sharks | Kevin O’Leary |
| Season | Season 11 |
| Original Air Date | March 6, 2020 |
| Website | MC Squares |
| Key Points of Pitch |
|
| Why Sharks Accepted |
|
2. Kevin O’Leary’s Investment
Kevin O’Leary, also known as “Mr. Wonderful,” was impressed by MC Squares’ innovative product and strong sales growth.
He saw the potential for MC Squares to disrupt the traditional whiteboard market and become a leading brand in collaborative tools.
O’Leary’s investment provided MC Squares with the capital and expertise needed to scale its operations and expand its product line.
This strategic partnership proved to be a turning point for MC Squares, propelling the company towards further success and solidifying its position as a key player in the evolving landscape of collaborative workspaces.
MC Squares Products
MC Squares offers a range of products designed to enhance productivity and organization in various settings, from offices and classrooms to homes. Their core product line revolves around dry-erase surfaces that can be used and reused countless times.
1. Sticky Pads
These innovative sticky pads function like reusable sticky notes. They adhere to various surfaces, allowing users to jot down ideas, reminders, and to-do lists.
Available in a variety of sizes and colors, MC Squares sticky pads provide a flexible and eco-friendly alternative to traditional paper notes.
2. Dry Erase Tiles
For larger projects and collaborative brainstorming sessions, MC Squares offers dry-erase tiles. These tiles can be easily connected to create expansive writing surfaces, transforming walls and other areas into dynamic workspaces.
The tiles are also conveniently portable, making them ideal for presentations and mobile work environments.
3. Accessories
To complement their dry-erase products, MC Squares provides a range of accessories designed to enhance the user experience. These include:
- Tackie Markers: These specialized markers provide smooth, smudge-free writing on MC Squares surfaces and are easily erasable.
- Cleaning Cloths: Microfiber cloths are available to ensure clean erasing and maintain the quality of the writing surface.
- Magnetic Accessories: MC Squares offers magnetic mounts and strips to further expand the versatility of their products, allowing for easy attachment to metal surfaces.
By offering a comprehensive suite of products, MC Squares provides a complete solution for those seeking to integrate flexible and sustainable dry-erase surfaces into their work and personal lives.
MC Squares After Shark Tank
1. Company Growth and Expansion
Appearing on Shark Tank gave MC Squares significant exposure. This led to a surge in sales and brand recognition. The company used this momentum to expand its operations and product offerings.
They introduced new sizes and colors for their sticky pads and tiles, along with complementary accessories.
MC Squares also focused on building partnerships with retailers, increasing their distribution channels.
2. Customer Reviews and Testimonials
MC Squares has garnered positive feedback from customers who appreciate the versatility and reusability of the products.
Users highlight the convenience of having dry-erase surfaces readily available in various settings.
Many praise the eco-friendly aspect of MC Squares, as they offer a sustainable alternative to paper-based notes and planning tools.
The Future of MC Squares
MC Squares continues to innovate and evolve within the market for collaborative tools and organizational solutions. They are actively exploring new product lines and applications for their dry-erase technology.
With a focus on sustainability and customer satisfaction, MC Squares appears well-positioned for continued growth and success.
The company’s commitment to providing practical and eco-conscious solutions suggests a bright future in the evolving landscape of modern workspaces and beyond.
FAQs
Where can I buy MC Squares products?
MC Squares products are available for purchase on their official website and through various online retailers like Amazon.
Are MC Squares products compatible with all dry-erase markers?
While MC Squares products are compatible with most dry-erase markers, they recommend using their Tackie Markers for optimal performance and easy erasing.
Can I cut the sticky pads and tiles to custom sizes?
Yes, MC Squares products can be easily cut to fit your specific needs and preferences.
Are MC Squares products safe for children?
Yes, MC Squares products are non-toxic and safe for use by children. However, adult supervision is recommended.
The Bottom Line
MC Squares offers a compelling solution for those seeking versatile and sustainable alternatives to traditional whiteboards and paper notes. Their innovative dry-erase products promote organization, collaboration, and creativity in various settings.
The company’s success on Shark Tank and positive customer feedback underscore the value and appeal of their offerings. By providing practical, eco-friendly, and user-friendly products, MC Squares has established itself as a noteworthy player in the market for collaborative tools and organizational solutions.
