Invest in RYSE Inc.
172
Investors
$229,427
Amount Raised
Updated as of June 23, 2021
RYSE is the IoT company that creates smart devices to motorize and automate window shades, regardless of size
or weight. Our patented devices can be installed in minutes, controlled via smartphone, smart speakers, and
integrates with leading smart home & building platforms, designed to enhance comfort and energy
efficiency.
RYSE is raising $15 million by issuing 2,104,718 common shares at a price of $7.13 per share, with a
minimum investment of $499.10.
All figures are in USD unless otherwise stated.
RYSE Is Solving Big Problems
(1) No Retrofits
PROBLEM: RYSE was born when founder Trung Pham was in the process of designing his apartment; since he didn’t have the budget for smart shades, he opted for manually operated window shades with beaded chains.
The following summer, when the excessive heat caused him to regret his purchase, he learned that once window shades are installed, they can never be automated – that they must be replaced with brand new motorized shades.
SOLUTION: After Googling for a retrofit solution and discovering none, he had his “Eureka” moment.
(2) Motorized Shades Are Expensive
PROBLEM: Motorized shades are expensive; brands like Hunter Douglas, Lutron, QMotion, or Somfy cost upwards of $1,000 per window. Smart tinting glass? Companies like View charge $5,000 per 5×9 window! These solutions are traditionally reserved for AAA commercial buildings or ultra-luxury homes – but what about the rest of us?
SOLUTION: RYSE is the most affordable solution to
motorize and
automate your window shades, with the RYSE SmartShade
retailing for only $149, making it an ultra-affordable luxury!
(3) Wasted Energy
PROBLEM: Buildings are responsible for 40% of all energy use, yet 30% of this energy wasted – half of this wasted energy is lost through its windows. This becomes a $35 billion annual problem.
SOLUTION: RYSE has intelligent software powered by A.I to automate window shades in response to weather conditions, sensors, and user preferences – this can lead to upwards of a 20% savings in cooling loads, and 24% reduction in lighting energy, reducing overall GHG emissions in buildings and helping us save our planet.
Reasons to Invest in RYSE
$4.5 Million
in lifetime revenue
Demand
With more than $4.5 million in lifetime revenue and over $185K in pre-orders for its second generation device, we have established a clear demand for RYSE SmartShade.
4 Patents
Issued & 3 Patents Pending
Traction
RYSE has strong, defensible intellectual property (4 issued patents and 3 pending) filed in the US, Canada, EU, and China.
55.6 %
Annual Market Growth
Opportunity
The global Smart Shades market is expected to grow at a CAGR of 56.6% until 2024, within the $158 billion (2018) Smart Home market.