Smart home products are all the rage right now as the Internet of Things (IOT) becomes part of our everyday home and work lives. As an industry, the Global Smart Shades Market is expected to grow from $162 million in 2019 to $1.47 billion in 2024. Of this, $247 million will come from new installations, while $1.22 billion will come from retrofits and replacements.
You can find almost anything in your home designed to be smart. You have smart locks, thermostats, doorbells, and security systems.
But we’ve identified a gap—smart shades.
Smart shades is the last piece for any space that not only enhances its comfort, but provides a direct benefit to reducing your energy bill, and a direct environmental impact.
RYSE SmartShade is the only retrofit aftermarket solution that will allow you to motorize and automate the window shades you already own and love. We’re the one missing piece in the smart home and smart building ecosystem.
RYSE SmartShade is a simple, but smart solution that’s positioned to disrupt a rapidly growing industry.
Not only have we scaled with tremendous interest in RYSE, we’re currently accepting retail investments on our own website to help us expand our impact.
Right now is an exciting time to get involved with RYSE as an investor, and by breaking down our story and all the reasons why we believe we’re your next best investment, we hope you join us on our journey. Here are 5 top reasons why you should invest in RYSE.
1) RYSE is Lead by a Team of Visionary and Savvy Entrepreneurs
We’ve relentlessly and creatively worked to make RYSE the leader in the smart shades industry. When our first generation device was in development, I even went on Dragon’s Den (the Canadian version of Shark Tank) to get feedback, insight, and support from experienced investors as we knew it would give the company the traction it needed to scale.
To take the company to the next level, we opened RYSE to all investors interested in joining our mission, and will always ensure that we make the best decisions with investors in mind.
Download our pitch deck to watch me break down RYSE’s investment offering, or even join our next investor webinar to meet the RYSE team yourself!
Related: How RYSE Was Born
2) RYSE is Tapping Into The Booming Smart Shade Market
According to Technavio, the Global Smart Shades Market is expected to grow from $162 million in 2019 to $1.47 billion in 2024, a CAGR of 55.6%. Of this, $247 million will come from new installations, while $1.22 billion will come from retrofits and replacements.
Both the commercial and residential markets are rapidly growing, both of which RYSE is tapping into.
For a deep dive into the market potential of smart shades, I suggest reading our articles:
- The Market Potential of Smart Shades Part 1
- The Market Potential of Smart Shades Part 2
- How RYSE Will Disrupt The Wind Shade Industry with SmartShades
3) RYSE is Helping The Planet
Did you know automated shades can prevent $35B in energy loss annually? Here’s how installing RYSE products can be good for you and the planet:
- Automatically closing shades can reduce solar heat gain and reduce indoor cooling needs. Thus, you can save energy by running the AC less.
- Automatically opening shades can capture natural daylight, reduce indoor artificial lighting usage, and thus reduce energy consumption.
Needless to say, the more you save energy, the less impact you make on the energy grid, and the more you save on expenses.
In other words, automating your shades with RYSE is a win-win-win scenario.
We are serving a need in the market, particular for commercial real estate, where under the ‘Green New Deal’ mandates that all new buildings must be net-zero by 2030, and all existing buildings have to be net-zero by 2050, with specific GHG (green house gas) emission reduction targets throughout this period. It is an active movement where cities, and countries around the world are trying to reduce energy consumption and greenhouse gas emissions. RYSE is ready for that.
4) RYSE is Has Gained Rapid Traction and is Growing
RYSE has had a meteoric start since I first wanted to upgrade my shades in my Toronto condo. He invented the first generation, built it from scratch and made sure it was protected.
A lot of hardware and smart-ware sellers can take a product, break it down, reverse engineer it and come up with a way to spin off their own. Not with us. All of RYSE patents and IPs are fully defensible and we’ve even had a court judgement that allowed us to remove any copycats off of Amazon immediately.
The second generation of RYSE SmartShade was designed with the intention of lowering production costs. We were able to lower costs while increasing performance and robustness; it’s faster, stronger, and quieter at half the price. Now, we’re introducing the products we want to scale and become known for.
Our long term plan is to make RYSE a household name then have a successful exit to a larger player in the space.
We think users will love how this improves their sense of security and control, their mood and productivity, their environment and their costs, while improving the overall global environment. Plus, it meets mandates for new buildings so we have plans to partner with growth industries like hospitality, senior living, and new office space as well.
RYSE has grown to 18 full-time employees, pulling in 4 million in online sales, and having shipped over 25,000 devices to-date. With our second generation device, the RYSE SmartShade, on the horizon, we have plans in place to expand into big box retailers very soon!
5) RYSE’s Commercial Partners Love SmartShades
When RYSE first launched, it was imperative for RYSE to create strategic partnerships in the commercial space. The Annex Hotel and Eureka Hub were some of our first partners, and recently they’ve been kind enough to leave a review.
Become an Investor in RYSE, Inc.
Our vision is to put a RYSE product on every window shade. We want people to think of RYSE when they think of smart shades.
RYSE SmartShade, being an automated solution, just makes life easier – everything is done for you, so you can maintain a comfortable lifestyle. For example, you can have your shades open every morning at 8 AM to help you wake up and allow that morning light to brighten up your morning. Or, if you’re sitting on the sofa for an afternoon movie, you can easily tell Google or Alexa to lower the shades to prevent glare. It just makes life more comfortable and easy!
Just read what one of our early customers, Henry B, has to say, “If you’re planning on installing and configuring your shades on a weekly schedule and forget about them—this will be excellent.”
Or listen to one of our early investors rave about RYSE’s investment opportunity.
“We think we’ve won a place in the heart of everyone with a window (and a phone) and we’re just getting ready to meet each of you,” concludes Trung Pham.
Investors, join our movement and get involved and investing in RYSE today!
If you have any questions, please reach out to us. In the meantime, we look forward to meeting you and sharing exciting milestones as our campaign continues. Check out our raise page and download our pitch deck!