RYSE

[Closed for Investment] RYSE is raising funds through Reg A+ crowdfunding with Dealmaker Securities as the Broker-Dealer. It is a technology company that makes smart devices to automate window coverings. The flagship product of RYSE, SmartShades, is super smart, controllable by smartphone or voice, and affordable. The company also plans to launch new products soon, including SmartDrapes, SmartBlinds, and Cordless. RYSE is led by an experienced team and has already sold over 35,000 devices to residential and commercial clients across the world. Trung Pham founded RYSE in 2009. The current crowdfunding campaign has a maximum target of $25,000,000. The campaign proceeds will be used for product development, marketing, and business development.

Expand

Investment Overview

Raised this Round: Raised: $1,288,634

Deal Terms

Platform
DealMaker Securities
Start Date
07/27/2022
Close Date
Not Provided
Min. Goal
$1,000
Max. Goal
$25,000,000
Min. Investment

$1,000

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$42,875,375

Company & Team

Company

Year Founded
2009
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Ontario, Ontario
Business Type
Growth
Company Website
Visit Website

Team

Employees
17
Prior Founder Exits?
No
Founder Name
Trung Pham
Title
CEO

Funding data not publicly available

Financials

 Revenue +146% YoY
$1,416,387
 Monthly Burn
$258,302
 Runway
0.2 months

Balance Sheet

Cash and Cash Equivalents

$46,968

Accounts and Notes Receivable

$126,397

Property, Plant and Equipment (PP&E)

$91,120

Total Assets

$1,631,182

Accounts Payable & Accrued Liabilities

$1,219,239

Long Term Debt

$866,556

Total Liabilities

$14,859,714

Total Stockholders' Equity

$-13,228,532

Total Liabilities and Equity

$1,631,182

Statement of Comprehensive Income Information

Total Revenues

$1,416,387

Costs & Expenses Applicable to Rev

$3,920,163

Depreciation and Amortization

$59,655

Net Income

$-3,099,626

Earnings Per Share - Basic

$-0.08

Earnings Per Share - Diluted

$-0.07

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$6,000,000
VC Backed?
Yes
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
RYSE 12/10/2024 Republic $75,000,000 $193,207 Equity - Common Active RegA+
RYSE 07/31/2024 DealMaker Securities $77,602,272 $2,840,955 Equity - Common Funded RegA+
RYSE 08/31/2023 DealMaker Securities $42,875,375 $1,288,634 Equity - Common Not Funded RegA+
RYSE 07/27/2023 Republic $46,000,000 $106,500 Equity - Common Funded RegA+
RYSE, Inc. 02/02/2022 Rialto Markets $32,000,000 $770,429 Equity - Common Funded RegA+
Create a free account today to gain access to Kingscrowd analytics.

Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
RYSE on Dealmaker Securities 2022
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $42,875,375
Price per Share: $1.00

Follow company

Follow RYSE on Dealmaker Securities 2022

Buy RYSE's Deal Report

Warning: according to the close date for this deal, RYSE may no longer be accepting investments.

RYSE Deal Report

Get Kingscrowd's comprehensive report on RYSE including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether RYSE is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the RYSE deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge