RYSE Raises a Round
Hey Tech Buzzers,
Happy Wednesday. We recently shared an open deal for our partner RYSE, raising a new round to bring smart blind technology to the masses. We’re excited about this deal and want to show you some more details.
Remember when smart home tech company Ring pitched on Shark Tank at a $7 million valuation and got turned down - only to sell to Amazon for over $1 billion five years later? A deal the Sharks would regret declining, as that $700K offer would have turned into $100M!
A similar opportunity is emerging in the smart shades market with RYSE. When they appeared on Dragon’s Den (Canada’s version of Shark Tank), they walked away with two offers. And their potential could likely far exceed Ring’s, with the smart shades market expected to grow 23% annually through 2031.
Spotting winners isn’t easy, but the smart home industry has yielded massive returns for early investors and the Dragons think they’ve spotted one in RYSE.
With a recent distribution deal that has them expanding in over 100 Best Buys, they are miles ahead of the competition.
It’s a story we’ve seen before...
Once smart home companies secured nationwide distribution, they went on to be acquired at billion-dollar valuations:
Ring doorbell - acquired by Amazon for $1.2B
Nest thermostat - acquired by Google for $3.2B
These companies changed the way we think of items around our home, and RYSE is looking to do the same with window shades. Their unique, patented technology has already generated $9M revenue, and their early investors have seen their shares grow by over 20X.
Take advantage of a unique opportunity to invest in one of the most promising names in the smart home industry.
If you have any questions, shoot us an email at invest@thetech.buzz and we can direct you to the RYSE finance team.
DISCLAIMER: The Tech Buzz does not provide financial advice. You must ensure you are legally eligible for this offering, and do your own research.