About this raise: 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 generated $8 million in lifetime revenue. Trung Pham founded RYSE in 2009. The current crowdfunding campaign has a maximum target of $24.8 million. The campaign proceeds will be used for sales and marketing, inventory and shipping, legal and accounting fees, operations, research and development, and contingency.
Investment Overview
Invested : $2,840,955
Deal Terms
Total Commitments ($USD)
- Platform
- DealMaker Securities
- Start Date
- 08/31/2023
- Close Date
- Not Provided
$999
$37,500,000
$999
Equity - Common
Series C
RegA+
$1.50
$77,602,272
Company & Team
Company
- Year Founded
- 2009
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -4.6% YoY
- $1,350,970
- Monthly Burn
- $542,432
-
Runway
- 0.3 months
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $5,648,223
- VC Backed?
- No
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| RYSE | 12/11/2024 | Republic | $75,000,000 | $218,533 | Equity - Common | Funded | 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+ |
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.