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Hi Sreenivasa, yes you can still invest as a non-US citizen. Simply select that you are a US/International investor on the application and proceed through the required steps!
its not letting me proceed. I am from cameroon
Hi there - is the pre-money valuation of your current RegA+ round $77,602,272? Basing this off of your shares outstanding from the FAQ page and PPS of $1.50.
I just had a call with Patrick... first time I called the company.. he spent an extra 30 minutes to after 5pm to answer my questions. I have 2800 shares. Bought in June. i have lost with other pre IPOs.. but you win some an lose some. The future is bright here i I think.
I see that you are in raising round, what round is this? How much have you raised before?
When will the investment campaign round of Ryse Smartshades end exactly? I am just doing my homework and due diligence in the company and will make my decision to invest soon.
Hi Goerge, we have not set a close date, but we anticipate closing the current round sometime this month or the next. If any questions come up during your review, please feel free to reach out to us at invest@helloryse.com or +1 (855) 770-1787.
I was curious if you can provide financial insight to the units sold, revenue, expenses, & dilution per year/quarter to date. Thank you.
Hi Demtri, please contact us at invest@helloryse.com for more insight on volume sold and projections.
Did you guys watch Joma Tech? Feels like you watch the Shadr series and got profoundly inspired 😂
Hey Victor, thanks for sharing! Joma Tech has some great videos but that's not ultimately where we found our inspiration :D. Our products were developed as a result of a problem that our founder had - the inability to upgrade his manual window shades to automated shades. Also, the market for automated window shades is deceptively large, as 92% of window shades are still manually controlled! There are still a lot of window shades out there that can be converted to smart shades with our devices.
When will SmartBlinds release?
How much do the 2 existing RYSE motorized units for blinds & curtains cost for the consumer?
What is the 2025 projection for revenue, R&D and G&A?
Thank you.
Hello all. Congratulations on a great product and best of luck rolling it out. The current offering is up to 25M shares. Will those come out of the 51.7M shares outstanding or are those additional shares? Also, what will the raised funds (max $37.5M) be used for? Finally, are there any plans for future offerings?
Hi Scott, we are issuing new shares for this offering, so in addition to the shares that are currently outstanding. We may decide to launch future offerings depending on the needs of the company.
bennyfrancis192@gmail.com
What is the stock ticker for Ryse?
Hi Lisa, we do not have a stock ticker yet as we are not currently listed on a stock exchange.
Would they function in a rv?
If the RV has window shades controlled by a beaded chain then yes!
Where can I find the roadmap of the project?
Have you checked out our investment presentation at invest.helloryse.com/deck? Please also feel free to email us at invest@helloryse.com with any specific questions!
Hi Vlad, you can find our presentation that outlines our company and strategy at https://invest.helloryse.co.... If you have further questions, we are more than happy to address them for you, and you can reach us at invest@helloryse.com.
Can you explain a little bit more how the benefit will be distributed to the investors ?
Great questions, Rolian. When you invest, you are purchasing RYSE shares, which is a part ownership in our company. The difference between our stock and the stock of publicly listed companies is that we are not listed on an exchange. The goal for our company is either to be acquired or go public in the future, the former usually means that existing shareholders are bought out (hopefully at a premium!), the latter would make the shares liquid and tradeable. We are an early stage venture, so we encourage investors to have a long-term mindset when investing. While we cannot guarantee success, we hope to make our name synonymous with Smart Shades; if we succeed, we think the outcome could be very positive for investors! Feel free to reach out at invest@helloryse.com or +1 855 770-1787 with any other questions.
Thanks Andre.
This might be a silly question but I just trying to understand that eventually all investors are hoping for a good return for their investment, so if the RYSE is very successful in the future (which I believe will be)- how the profits will be shared or distributed to the investors? thanks.
Not a silly question at all, Rolian. The idea behind any investment in equity is to either sell the shares at a price higher than the price you purchased them at, make income through the receipt of dividends, or both. We do not anticipate paying any dividends in the near future; becoming the one brand known for smart shades will take significant investment, so we'll need to re-invest all potential profits back into the business. Therefore an investor would most likely be looking for growth in share price and an exit opportunity, whether that's an acquisition of the company or a listing on a public stock exchange.
Great product! A few quick Qs: I see revenue went down from 2021 to 2022... why? How does sales/revenue compare for the first half of 2023?
You have some impressive VC/angel backers, why shift to a community funded round now?
Hey Daniel, great questions. 2022 was a transition year for us where we transitioned from our Gen 1 AXIS Gear product to our Gen 2 RYSE SmartShade. Sales in the first half of 2023 are similar to those in 2022, but we are expecting a significant jump in Q4 as a result of our retail store launch! We switched to a community funded round for many reasons; the main one being that we are a consumer electronics company, and the users of our product often times become investors and vice versa. Our objective is to build a strong brand, and building a community of investors (and users of our products) will help us in achieving this goal, while also fundraising growth capital for the company.
Also what is the deal with AXIS, some of the same people are working there but isn't listed on their linkedin which is a cause of concern for me and by the looks of it, has the same concept as ryse.
RYSE was formerly known as AXIS. We rebranded the company to RYSE in 2020.
Hi, in what form will the shares be given out to me, if I invest?
Hi Noah, the shares will be held electronically through our registered transfer agent and broker, DealMaker. They are reinterred with the SEC and are well-known in the industry for facilitating private investment offerings. You will be able to download your share statement electronically or access it through your account anytime after making the investment.
Most cellular shades I’ve seen (including my homes) have a single string to raise and lower (no loop). Will your product be compatible with these types of shades? Is there a way to make them compatible via a retrofit? I’d be highly interested in adding these to my home if your product would work for me.
Hi Tyler, this is one of the products that we have in the pipeline! After our SmartCurtain launch this year our product development team will be focused full time on bringing this to market.
I'm encouraged that your roadmap includes future products to automate blinds and cordless shades. However, the patents listed here seem relevant mainly to shades with continuous cord loops. Do you have IP relevant to those other product types? How will your upcoming blind product compare with something like the Sunsa Wand?
Absolutely, Ronald! We have filed patents for our new SmartCurtain product, however they are not available for public viewing yet. We have also started the R&D phase for our upcoming blinds product, and will share more information about this product as we near closer to a prototype.
Just came across this offering through the Peak online newsletter. Just wondering, is this a dividend stock, growth stock or both?
Hi Doreen, thanks for your question! We are an early stage startup, so we would be considered more of a growth company. Our goal is to make our brand RYSE synonymous with SmartShades; for this we must invest all of our earnings back into the business to grow our market share, rather than pay dividends.
if i want to be a certificated installer?
What is the minimum investment, and what pool of money you want to achieve? Are you providing share certificates, or how you plan to document the investments, for future value assessment?
Hi Ariel, we are not fundraising at the moment, but the minimum investment in our previous round was $1,000. We expect to launch another round in September with the goal of raising an additional $2.5M. We do not provide share certificates but our broker distributes statements of share holdings for our investors that indicate the number of shares that an investor holds. The documentation is accessible through each investor's own account with our broker, DealMaker.
I'm trying to fill up the form. However, once I click on the button for US or international, nothing happens, then after some time a dialog for getting the pitch deck comes up. I have already watched the deck. How do I proceed?
Hi please ensure you have your pop-up blocker off and try using a browser in incognito window. If you are still having trouble please email me at invest@helloryse.com and we can send you the application via email.
I finally got it to work. Looking at the browser logs I found a lot of domains getting blocked by my adblocker. I temporarily turned it off and I was able to submit.
I tried both, it's still not progressing. I'll send you the email.
Will these shades be compatible with existing smart home systems such as Home Assistant, OpenHAB, Google Nest/Home, etc? Or will this product just act as another app to add to the bloat of smart Home apps that only operate with their own products and nothing else? Allowing the product to work outside of its own ecosystem can drive up sales by a lot.
Hi Max, yes RYSE is compatible with Apple Homekit / Siri, Amazon Alexa, and Google Home. We also integrate with Control4 and Universal Devices, and are launching a Z-Wave adapter!
Can a non-citizen living in US invest?