Startup Spotlight - Blind Automation Tech

Author

Q
May 22, 2024

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Dear Tech Buzz Reader,

Last month we featured Ryse, a fast growing residential and commercial real estate Iot device startup. Given their latest partnerships, we felt it timely to share updates on their round. Similar to how Ring and Nest revolutionized home automation, Ryse aims to incorporate blinds into your smart home ecosystem.

We’re sharing this with you to highlight the latest publicly-accessible securitized startup funding round. Take a peek at their short demo to see Ryse in action.

Ryse, a smart home IoT startup, was founded by a team passionate about making home automation accessible and affordable for everyone.

Millions of homes and commercial buildings (including Adam Neumann’s $1B real estate startup – Flow Real Estate) having traditional blinds. Retrofitting them with smart motorized shades can cost up to $1000 per window; out of consideration for most consumers.

Ryse is a simple, cost-effective attachment that automates the operation of your existing blinds. It allows you to control your blinds via mobile app or voice assistant. The device integrates with popular smart home systems like Apple HomeKit and Google Home.

They’ve already sold over 50,000 devices to homeowners and commercial buildings and anticipate the market for automated shades to grow at a 55% CAGR into 2030. At roughly 1/10th the cost of installing new motorized shades, Ryse makes smart blind automation achievable for the masses, purchasable at scale, and implementable in existing building infrastructures.

But does it really work? They have overwhelmingly positive reviews and strong sales numbers so far. And customers love the easy installation, reliable operation, and seamless integration with their smart home setups.

Ryse is looking for strategic partners as they aim to bring smart blind control to homes and commercial properties. The company is currently raising funds via Republic, who has hosted investments into top startups like SpaceX, Klarna, Carta, Robinhood, and more. Check it out here.

#BUZZCHALLENGE

Invest before this company becomes a household name

What if you had the opportunity to invest in the biggest electronics products before they launched into big box retail, would you?

Ring changed doorbells and Nest changed thermostats. Early investors in these companies earned massive returns, but the opportunity to invest was limited to a select, wealthy few. Not anymore. RYSE has just launched in 100+ Best Buy stores, and you're in luck — you can still invest at only $1.50/share before their name becomes known nationwide.

They have patented the only mass market shade automation device, and their exclusive deal with Best Buy resembles that which led Ring and Nest to their billion-dollar buyouts.

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