RYSE

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

Print
Claim My Business
Form C
View on Republic
Min Investment
$1,001
Location
Newark, DE
Offering Date
January 28, 2025
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$1.07M
No. Investors
25
Security Price
$1
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.

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), Mic...
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 : $1,422,626
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment