Republic Republic Republic
  • Log in
Open account
Oops! We couldn’t find any results...
Can’t find a deal? Try advanced search.
Is something missing? Add your suggestion here.
Primary market Live deals Trading Buy and sell Republic Note Own a piece of Republic's upside
Republic Ventures Opportunities for accredited investors
Republic Capital Multi-stage venture firm
Wallet Manage your digital assets Mobile app Available on iOS or Android Learning center Explore investor resources FAQ Get your questions answered
Capital fundraising Raise on Republic Tokenized assets Design, launch, manage tokenized assets Sharedrops Gift equity as a reward Founder Academy A complete guide to raising funds
Advisory Access veteran web3 advisors Infrastructure Stake your digital assets Tokenization Deploy your assets on-chain
Republic Capital In-house Venture Capital fund Broker dealer Regulated capital services
Republic Republic Republic
Oops! We couldn’t find any results...
Can’t find a deal? Try advanced search.
Is something missing? Add your suggestion here.
  • US

  • Log in
  • Open account
All investors
Primary market Live deals Trading Buy and sell
Republic Note Own a piece of Republic's upside
Accredited only
Republic Ventures Opportunities for accredited investors
Institutional
Republic Capital Multi-stage venture firm
More
Wallet Manage your digital assets Mobile app Available on iOS or Android Learning center Explore investor resources FAQ Get your questions answered
Growth capital solutions
Capital fundraising Raise on Republic Tokenized assets Design, launch, manage tokenized assets Sharedrops Gift equity as a reward Founder Academy A complete guide to raising funds
Web3 services
Advisory Access veteran web3 advisors Infrastructure Stake your digital assets
Tokenization Deploy your assets on-chain
Institutional services
Republic Capital In-house Venture Capital fund
Broker dealer Regulated capital services

RYSE (1st Raise) isn't accepting new investments

RYSE (1st Raise)’s deadline was July 27, 2023

Follow the company to stay updated on their progress, including future investment opportunities


Explore new investment opportunities:
View companies raising now
Campaign ended
Logo of RYSE (1st Raise)

RYSE (1st Raise)

Automate your existing shades to save energy and money
AAPI Founders Hardware Smart Devices B2C Consumer Electronics Household Goods
Facebook Telegram Twitter LinkedIn
Featured image of RYSE (1st Raise)
$635,351
Raised
60
Investors
Successfully funded and closed on July 27, 2023.
Invest in RYSE (1st Raise)

Open for investment

Investors in RYSE (1st Raise) also invested in these companies. View more
Logo of  Metaintro

Metaintro

The Bloomberg of Labor Markets - AI-powered workforc...

Republic Funding Portal · Reg CF
Logo of Rentberry

Rentberry

Invest Pre-IPO in the AI Revolution Transforming $13...

Republic Funding Portal · Reg CF
Loading...
Pitch Updates 10 Reviews 12
Invest Invest in RYSE (1st Raise)
Facebook Telegram Twitter LinkedIn
Closed on July 27, 2023. Information may not be up-to-date. Campaign closed on July 27, 2023. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Impact Funding Founders Summary Disclaimers
About Team

Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg A+ securities offering by RYSE Inc.. View the official SEC filing and all updates:
Official SEC Logo Form 1-A SEC.gov
Company documents
Subscription Agreement Ryse Form 253g2.pdf Additional Risk Disclosures.pdf Disclosures & Disclaimers.pdf Form CRS.pdf
Loading

Hear from some of the 60 investors in RYSE (1st Raise)


Show more

Highlights


$1M+ raised
Company has previously raised over $1M in capital
Venture-backed
Company is backed by a venture capital firm
  • Retrofit your existing shades with automation to save energy and money
  • Awarded $4M CAD cleantech government grant funding
  • $7M revenue with 35K units sold (as of 2022)
  • Relationships with Amazon, Bed Bath Beyond, IOTaS & more
  • Backed by Elemental VC, Cogito Capital & others

There may be other available opportunities that are similar to this investment but have different attributes, characteristics, cost factors, and fees.

Past financial results are no guarantee of future performance. Click here for important information regarding Financial Projections which are not guaranteed.

Disclosures & disclaimers

Problem


Buildings account for
40% of all US energy consumption,

primarily through lighting, heating and cooling.

Yet 33% of this energy is wasted or leaked, and 50% is lost through windows — a $35 billion dollar problem.

One of the most effective and simple ways to reduce this energy loss is to install automated “smart shades," which can reduce lighting energy by 74% and cooling energy by over 20%.

But smart shades:

  • Are expensive
    Motorized shades can cost up to an additional $500+ per shade, making them out of reach for the mass market* (competitor costs estimates include the cost of the window shade)
  • Don't offer retrofits
    It has been very difficult to motorize your existing window shades.
  • Aren't DIY-friendly
    Professional installation at an additional cost is usually required.

Solution



Your browser does not support HTML5 video.

Automated shades
save energy

RYSE creates IoT smart devices that enable you to motorize and automate your window shades.

We focus on retrofitting your existing shades, making them smart and automated.

Powered by our software that leverages A.I., sensors, and weather data, RYSE intelligently controls your shades to optimize for energy savings and occupant comfort.




Your browser does not support HTML5 video.


Solar Heat Gain Management

20% savings

from cooling energy

Automatically lower shades to block solar heat gain during hot sunny weather.

Daylight Harvesting

74% savings

from lighting energy

Automatically open shades to capture natural daylight during overcast weather.

Product


RYSE focuses on two core characteristics:

Affordability
+
Retrofitting


—
Unique approach to motorization
—



—
Simply installed in minutes
—


Traction


$7M+ revenue &
35K units sold

As of 2022

Customers


B2B customers




Existing buildings saving energy with RYSE


Business model


High-margin device sales


*Costs are rounded, fluctuate over time and account for shipping. 

Market


Massive opportunity in offices, hotels,
& senior housing



The above projections constitute forward-looking statements involving known and unknown risks, uncertainties, and other factors that may cause actual outcomes to differ from the above projections. You should not place undue reliance on forward-looking statements. The cautionary statements set forth in the Offering Memorandum, including in the “Risk Factors” section and elsewhere, identify important factors that you should consider in evaluating our forward-looking statements, including these projections.

Selling in households, with a focus on growth in:

—
Residential smart homes
& sustainable buildings
—

  • 30% of US households have a voice speaker for home automation
  • Potential 550 million manual shades to be motorized
  • Total Addressable Market: $27B


  • 780,000 buildings with automation systems (BAS)
  • 220,000 buildings have lighting controls for energy savings
  • Total Addressable Market: $35B


  • 120M+ residential households in the US, 43% own at least one smart device
  • 7-in-10 homebuyers look for smart homes; 78% willing to pay more for smart homes




  • 780,000 properties with Building Automation Systems (BAS) in the US
  • 62% of businesses indicate likely to invest in smart building technology




—
Senior housing & hotels
—

  • ~29,000 assisted living communities and 7-in-10 people in the US require assisted living in their lifetime
  • Adults aged 50+ that own smart-home technology doubled from 2019 to 2020 - that's a 100% increase



  • 54,200+ Hotels with over 5M guest rooms across the US
  • 73% of travelers are more likely to choose hotels offering self-service tech according to Hotel Technology News

Competition


Vision and strategy


A brand encompassing all window covering types

Historical sales have been primarily
e-commerce, which means there’s
still significant room for growth.

Your browser does not support HTML5 video.


—
Growth channels
—

Projections (in millions)

According to Infiniti Research, online sales only represent 7% of industry revenues for SmartShades — and we’ve generated over $5 million selling into this small channels.

In 2023, RYSE will scale into B2B and wholesale channels, selling to multi-family real estate developers and landlords, and teleco partners that sell and manage smart home and security services for households – this accounts for 60% of industry revenues.

By 2024, RYSE expects to be scaled into physical retail, which accounts for 33% of industry revenues.

Impact


Aging comfortably and independently


Not only do SmartShades save energy, but they provide greater comfort and convenience, particularly for the aging population, seniors, and the disabled — providing  a solution to lift heavy shades and live independently. 

The number of adults aged 85+, who need help with basic personal care, will nearly quadruple between 2000 and 2040.

There's a reason why the number of seniors who own a voice-activated home assistant device almost doubled from 2019 - 2020.

We believe that Smart Home products and SmartShades in particular will play a key role in providing independence to the growing market.

—
The solution is simple:
Mass adoption of Smart Shades
—

Funding


Our investors

Founders


Experienced leadership
team that delivers


Disclaimers


Risks of early stage investment. Not an offer to buy or sell securities. This is a long-term speculative illiquid investment. Investment is not FDIC or SiPC insured. You may lose money.

Your investment is binding and irrevocable, although we reserve the right to reject it for any reason or no reason at all. Funds committed will remain in an escrow account maintained by BankProv until such time as a closing occurs. We will not be issuing share certificates; your investment will be solely recorded in book-entry electronic form by DealMaker Transfer Agent LLC, our transfer agent. Securities offered through OpenDeal Broker LLC, a registered broker dealer, member of FINRA (www.finra.org), member of SIPC (www.sipc.org). We will pay OpenDeal Broker LLC, a registered broker-dealer, a cash commission equal to 6%  of the dollar value of the Offering Shares issued and a number of shares of Class B Common Shares equal to 1% of the Offering Shares issued to investors in this offering, plus certain offering costs. Please review OpenDeal Broker LLC’s Form CRS. OpenDeal Broker LLC may require additional documents or information from you to complete your purchase, you will be contacted by a registered representative in this event.

An offering statement relating to RYSE Inc.'s Class B Common Shares has been filed with the Securities and Exchange Commission and became qualified on July 27, 2022. Prior to making any investment in RYSE Inc.’s Class B Common Shares, you should review a copy of the offering circular, or contact RYSE Inc. by phone at (416) 639-2324. No offer to sell any securities, and no solicitation of an offer to buy any securities, is being made in any jurisdiction in which such offer, sale or solicitation would not be permitted by applicable law.

* Forward-Looking Statements

The Offering Materials And This Website May Contain Forward-Looking Statements And Information Relating To, Among Other Things, RYSE Inc., Its Business Plan And Strategy, And Its Industry. These Forward-Looking Statements Are Based On The Beliefs Of, Assumptions Made By, And Information Currently Available To The Company’s Management. When Used In The Offering Materials, The Words “Estimate,” “Project,” “Believe,” “Anticipate,” “Intend,” “Expect” And Similar Expressions Are Intended To Identify Forward-Looking Statements, Which Constitute Forward-Looking Statements. These Statements Reflect Management’s Current Views With Respect To Future Events And Are Subject To Risks And Uncertainties That Could Cause RYSE Inc.’s Actual Results To Differ Materially From Those Contained In The Forward-Looking Statements. Investors Are Cautioned Not To Place Undue Reliance On These Forward-Looking Statements, Which Speak Only As Of The Date On Which They Are Made. RYSE Inc. Does Not Undertake Any Obligation To Revise Or Update These Forward-Looking Statements To Reflect Events Or Circumstances After Such Date Or To Reflect The Occurrence Of Unanticipated Events.

Deal terms


Allocation
$25M

The total investment amount in RYSE being offered to investors.

Minimum investment
$1,000
The smallest investment amount the issuer is accepting in this offering.
Maximum investment
$1M
The largest investment amount the issuer is accepting in this offering.
Security type
Class B Common shares

Type of securities issued by RYSE Inc. in this offering.

Learn more

Price per security
$1

Price per share being offered to investors.

Pre-money Valuation Cap
$46M
How it works

Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg A+ securities offering by RYSE Inc.. View the official SEC filing and all updates:
Official SEC Logo Form 1-A SEC.gov
Company documents
Subscription Agreement Ryse Form 253g2.pdf Additional Risk Disclosures.pdf Disclosures & Disclaimers.pdf Form CRS.pdf

About RYSE (1st Raise)

Legal Name
RYSE Inc.
Founded
May 2009
Form
Canada Other
Employees
21
Website
helloryse.com
Social Media
Headquarters
Google Map location of of RYSE (1st Raise)
20 Camden Street Suite 200 , Toronto, Ontario
Headquarters
20 Camden Street, Suite 200, Toronto, Ontario, Canada M5V 1V1

RYSE (1st Raise) Team
Everyone helping build RYSE (1st Raise), not limited to employees

Profile picture of Trung Pham
Trung Pham
Co-Founder, CEO
Profile picture of Marc Bishara
Marc Bishara
CTO
Trung Pham
Co-Founder, CEO
Marc Bishara
CTO
Logo of RYSE (1st Raise)

RYSE (1st Raise)

RYSE (1st Raise) successfully raised $108,500 from 60 investors on July 27, 2023
Republic

Giving everyone access to early-stage startup investing

For investors
  • Why invest
  • How it works
  • FAQ
  • Risks
  • Privacy policy
  • Accessibility
  • Cookie Preferences
  • Form CRS
For startups
  • Why raise
  • Learn
  • FAQ
  • Tokenized assets
Company
  • About
  • Insights
  • Events
  • Contact
  • Security
  • We're hiring!
Dollar Refer a startup, get $2,500
Dollar Refer a startup, get $2,500

Invest in the app

Android app iOS app

Invest in the app

Android app iOS app

This site (the "Site") is owned and maintained by OpenDeal Inc., which is not a registered broker-dealer. OpenDeal Inc. does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities listed here are being offered by, and all information included on this Site is the responsibility of, the applicable issuer of such securities. The intermediary facilitating the offering will be identified in such offering’s documentation.

All related securities activity is conducted by OpenDeal Broker LLC a registered broker-dealer, Member of FINRA and SiPC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, located at 149 5th Avenue, 10th Floor, New York, NY 10010. Please check our background on FINRA’s BrokerCheck.

Certain pages discussing the mechanics and providing educational materials regarding regulation crowdfunding offerings may refer to OpenDeal Broker LLC and OpenDeal Portal LLC collectively as “Republic”, solely for explanatory purposes.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC make investment recommendations and no communication, through this Site, or in any other medium, should be construed as a recommendation for any security offered on or off this investment platform. Investment opportunities posted on this Site are private placements of securities that are not publicly traded, involve a high degree of risk, may lose value including the total loss of invested capital, are subject to holding period requirements and are intended for investors who do not need a liquid investment. Past performance is not indicative of future results. Investors must be able to afford the loss of their entire investment. Only qualified investors, who understand the risks of early-stage investment and who meet the Republic's investment criteria may invest. Investors may be restricted to only Accredited Investors or non-U.S. persons, to invest in offerings hosted by OpenDeal Broker. Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC, nor any of their officers, directors, agents and employees make any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this Site or the use of information on this site. Offers to sell securities can only be made through official offering documents that contain important information about the investment and the issuers, including risks. Investors should carefully read the offering documents. Investors should conduct their own due diligence and are encouraged to consult with their tax, legal and financial advisors.

By accessing the Site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. Please also see OpenDeal Broker’s Business Continuity Plan and Additional Risk Disclosures. All issuers offering securities under regulation crowdfunding as hosted by OpenDeal Portal LLC are listed on the All Companies Page. The inclusion or exclusion of an issuer on the Platform Page and/or Republic’s Homepage, which includes offerings conducted under regulation crowdfunding as well as other exemptions from registration, is not based upon any endorsement or recommendation by OpenDeal Inc, OpenDeal Portal LLC, or OpenDeal Broker LLC, nor any of their affiliates, officers, directors, agents, and employees. Rather, issuers of securities may, in their sole discretion, opt-out of being listed on the Platform Page and Homepage.

Investors should verify any issuer information they consider important before making an investment.

Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. Therefore, when you use the Services we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license, passport or other identifying documents.

Republic and its affiliates are not and do not operate or act as a bank. Certain banking services are provided by BitGo Trust Company, a South Dakota-chartered trust company and registered money services business. BitGo Trust Company is not an FDIC member. Digital (crypto) assets and investment products are not insured by the FDIC, may lose value, and are not deposits or other obligations of BitGo Trust Company and are not guaranteed by BitGo Trust Company. Terms and conditions apply.

Invest in startups using your credit card
You can invest using your credit card

Made in SF/NYC