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Security Type
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SAFE
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Categories
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Other
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Min Investment
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$50
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Offering Date
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February 20, 2020
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Expected Close Date
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May 20, 2020
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Target Raise
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$200.00K-$1.07M
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Deal Notes
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$1.00 per share
$50K+ pro rata right threshold
Company Description
Our mission is to infuse the art of whiteboarding into every creative, collaborative, and learning environment. We make whiteboarding tools that help people think, that inspire team creativity, that foster learning, and that cultivate organizational collaboration.
Perks
$250+ 20% discount on all mcSquares products purchased from mcSquares.com for 6 months
$1,000+ 25% discount on all mcSquares products purchased from mcSquares.com for 12 months AND a free sample pack of mcSquares Stickies
$5,000+ 25% discount on all mcSquares products purchased from mcSquares.com until we exit AND an exclusive custom investor bundle (retail value $200) shipped to you.
Key Deal Facts
30% Month over month growth last year
Serial Entrepreneur founder with 4 successful exits
Massive, MASSIVE media exposure coming up - a "shark" of an opportunity
Use of Proceeds
If $200,000 is raised:
74.5% -- Marketing (hire marketing position, storyteller position, and start digital ads) 10% -- Trade shows 10% -- Continue IP filings 5.5% -- Wefunder intermediary fee
If $1,070,000 is raised:
64.5% -- Marketing (hire marketing position, storyteller position, and start digital ads) 20% -- Invest in equipment, materials, and staff to increase production 2.5% -- Trade shows 7.5% -- New product development and IP filings 5.5% -- Wefunder intermediary fee
Management Team / Advisory Board Bios
Anthony Franco
CEO
4 other startups, all with successful exits (2 to public companies). He has won 74 Technology Awards, 62 Design Awards, 37 Innovation Awards, 35 Marketing Awards, 27 Mobile Awards and 24 Business Awards.
Kristen Bangs
Vice President, Marketing
Kristen is a product leader who builds profit-driven consumer product brands with product direction, marketing strategy and creative direction. She’s responsible for launching multiple brands and has two successful exits.
Ian McConville
Director of Operations
Ian wears many hats including corporate operations, production, fulfillment, and logistics. Before working at mcSquares Ian was the Program Manager at RVC. Ian graduated Magna Cum Laude from Lehigh University in Mechanical Engineering.
Deal Notes
$1.00 per share
$50K+ pro rata right threshold
