RYSE

Smart Shades for your Smart Home - over $9mm in Sales, growing 300% yoy, sold in BestBuy!

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Form C
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Min Investment
$1,001
Location
Newark, DE
Offering Date
October 22, 2024
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$1.07M
No. Investors
72
Security Price
$1
Valuation
$75,000,000
Website
helloryse.com
Number of Employees
19
Cash
$148,511
Revenue
$809,079
Short Term Debt
$391,772
Cost of Goods
$163,296
Long Term Debt
$0
Net Income
$-2,372

Company Description

The first and only affordable solution to automate your existing window shades in under 10 minutes.

Perks

Invest
$2,500
Receive
1 SmartShade

Invest
$5,000
Receive
5% Bonus Shares
1 SmartShade & Battery Pack

Invest
$10,000
Receive
10% Bonus Shares
1 SmartShades & Battery Pack
1 SmartBridge

Invest
$25,000
Receive
15% Bonus Shares
2 SmartShades & Battery Pack
1 SmartBridge

Invest
$50,000
Receive
20% Bonus Shares
4 SmartShades & Battery Pack
1 SmartBridge

Invest
$100,000
Receive
25.00% Bonus Shares
8 SmartShades & Battery Pack
1 SmartBridge

Key Deal Facts

$9M USD in revenue and 60k units sold
10 patents and exclusive partnership with Amazon
Retail distribution into BestBuy, Linen Chest, Home Depot and many more
Backed by prominent angels including Anthony Lacevera (Wind Mobile), Michelle Romanow (Dragons Den) and Daymond John (Shark Tank)
Global Smart Shade Market to grow from $350M in 2024 to $2.8B in 2033

Management Team / Advisory Board Bios

Trung Pham
CEO

Marc Bishara
CTO
Amount Raised : $226,532
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