RYSE

RYSE

Growth Stage

OWN the “Smart Shade”

OWN the “Smart Shade”

Overview

Raised to Date: Raised: $1,066,947

Total Commitments ($USD)

Platform

Dealmaker Securities

Start Date

08/30/2023

Close Date

Not Provided

Min. Goal
$999
Max. Goal
$37,500,000
Min. Investment

$999

Security Type

Equity - Common

Series

Series C

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.50

Pre-Money Valuation

$77,602,272

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/26/2024

% of Min. Goal

106,802%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$3,952

# of Investors

426

Momentum
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Year Founded

2009

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Location

Ontario, Ontario

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.

Balance Sheet

Cash and Cash Equivalents

$146,764

Accounts and Notes Receivable

$47,334

Property, Plant and Equipment (PP&E)

$72,119

Total Assets

$1,146,562

Accounts Payable & Accrued Liabilities

$1,026,172

Long Term Debt

$2,603,361

Total Liabilities

$13,651,525

Total Stockholders' Equity

$-12,504,963

Total Liabilities and Equity

$1,146,562

Statement of Comprehensive Income Information

Total Revenues

$1,350,970

Costs & Expenses Applicable to Rev

$6,290,171

Depreciation and Amortization

$37,465

Net Income

$-6,509,178

Earnings Per Share - Basic

$-1.29

Earnings Per Share - Diluted

$-0.13

Auditor: Goldstein & Loggia
Financials as of: 08/30/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
RYSE 08/30/2024 Dealmaker Securities $77,602,272 $1,066,947 Equity - Common Active RegA+
RYSE 07/26/2023 Dealmaker Securities $42,875,375 - Equity - Common Not Funded RegA+
RYSE 07/26/2023 Republic $46,000,000 $115,200 Equity - Common Funded RegA+
RYSE, Inc. 02/27/2022 Rialto Markets $32,000,000 $770,429 Equity - Common Funded RegA+
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Price per Share History

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

Valuation History

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.

Employee History

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RYSE on Dealmaker Securities 2023
Platform: Dealmaker Securities
Security Type: Equity - Common
Valuation: $77,602,272
Price per Share: $1.50

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