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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
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.
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
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.
—
Growth channels
—
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.