RYSE USA

RYSE USA

Smart Home Devices To Automate Window Shades & Save Energy

Smart Home Devices To Automate Window Shades & Save Energy

Overview

Raised this Round: Raised: $350,295

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/30/2021

Close Date

03/09/2022

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Logos provided by Clearbit
Year Founded

2017

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Location

Newark, Delaware

Company Website

RYSE USA is raising funds on Wefunder. The company has developed the most affordable solution to automate window shades. The smart home devices of RYSE USA have four patents awarded and help to save energy. The products of RYSE USA are focused on retrofit, smart home integration, affordable luxury, and energy savings. The business has generated over $2.3 million in revenue in the last two fiscal years. Trung Pham founded RYSE USA in July 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for inventory and advertising.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$809,079

$1,548,009

COGS

$163,296

$161,718

Tax

$1,087

$1,078

 

 

Net Income

$-2,372

$8,210

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$148,511

$25,475

Accounts Receivable

$0

$0

Total Assets

$375,444

$463,969

Short-Term Debt

$391,772

$477,925

Long-Term Debt

$0

$0

Total Liabilities

$391,772

$477,925
Financials as of: 11/30/2021
Create a free account today to gain access to Kingscrowd analytics.

Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
RYSE USA 03/09/2022 Wefunder - $350,295 Revenue Share Funded RegCF

No prior online funding rounds.

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

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.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
RYSE USA on Wefunder 2021
Platform: Wefunder
Security Type: Revenue Share

Follow company

Follow RYSE USA on Wefunder 2021
View on Wefunder
Deal Analytics
Deal Considerations

Buy RYSE USA's Deal Report

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

RYSE USA Deal Report

Get Kingscrowd's comprehensive report on RYSE USA including:

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

Buy the RYSE USA deal report for only $10!

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