RYSE USA

Enjoy A Home That Works For You

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Form C
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Security Type
Debt
Categories
Technology, Retail
Min Investment
$250
Location
Newark, DE
Offering Date
November 30, 2021
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$1.07M
No. Investors
423
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

As the first and most affordable retrofit solution to automate your existing window shades, RYSE USA Inc. is offering investors an opportunity to potentially make up to double their investment. We've already sold over 35,000 devices to date, and generated over $4 million in lifetime revenue - we are expecting huge growth as we launch our V2 device and a brand new SmartDrape device in the coming months. We are the sales arm of RYSE Inc., our Canadian parent company responsible for all R&D activites.

Key Deal Facts

Receive 10% of our net revenues until you earn 1.75x your investment (2x for early birds)
Over $2.3 million in sales revenue in the last 2 fiscal years!
Patents, including an Amazon Court Judgement win, preventing the sales of copycats!
We save cooling and lighting costs by up to 24% and 74%, reducing GHG emissions.
Signed agreements with Home Depot and over 700 dealers & resellers.
Smart Shade market expected to grow 55% annually, within a $158B smart home industry!
Amount Raised : $442,082
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Valuation

Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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