Benzinga Money is a reader-supported publication. We may earn a commission from the advertisers associated with this article. Read our Advertiser Discloser.
The pattern is clear: When innovative companies successfully integrate AI into everyday products, tech giants pay billions to acquire them.
Google paid $3.2 billion for Nest.
Amazon spent $1.2 billion on Ring.
Generac spent $770 million on EcoBee.
Now, a new AI-powered smart home company is following their exact path to acquisition. Unlike Ring, it’s still available to everyday investors at just $1.90 per share.
RYSE creates proprietary technology that connects window coverings to all major AI ecosystems, achieving what big tech wants most: seamless AI integration into daily home life.
Over 10 patents, 200% year-over-year growth, and a forecast to 5x revenue this year, RYSE is moving fast to seize the smart home opportunity.
The acquisition pattern is predictable. The opportunity to invest before it happens is not.
RYSE and Shine
Nearly three-quarters of American houses contain at least one smart home device, and the global market is expected to reach a $500 billion valuation by 2030. Despite this growth, entrepreneur and RYSE founder Trung Pham noticed a gap in the market: window shades.
Although automated window shades existed, they were expensive and required homeowners or commercial property owners to replace everything. On top of that, many required a complicated installation process.
For Pham, this was like being told to buy a new car because he wanted heated seats. It also presented an opportunity to disrupt a multi-billion dollar market dominated by those who stuck to outdated practices.
Enter RYSE: A smart home device that can be retrofitted to existing shades and curtains to automate when they open and close at a fraction of the cost of traditional automated window coverings. It takes less than 10 minutes to install, and is guaranteed to lift any shade or curtain regardless of its weight or size. The company is also working on a similar solution for window blinds.
Just like with smart light or locks, you can automate your window coverings through the RYSE app or sync it with your Google Home or Amazon Alexa.
Apart from just looking cool, automated shades and curtains can help reduce your utility bills by lowering the coverings when it’s too hot, saving up to 24% in energy costs. The ability to let natural sunlight into a room can also reduce lighting energy costs by up to 74%.
60,000 Happy Customers, and Zero Copycats
The demand for RYSE is already apparent. To date, they’ve sold 60,000 units with $10 million in lifetime revenue. The company’s valuation has increased 40% year over year, and is expected to grow even more due to retail partnerships with Best Buy, Amazon, Home Depot, Lowe’s, and Best Buy.
To protect its investment, RYSE has filed and been approved for more than 10 patents in the United States and other countries to ensure there are no copycat products. In fact, the company checks Amazon every month for knock-off products and files IP violations to have them removed.
Invest Before It’s Too Late
Kevin O’Leary said that missing out on Ring was the worst mistake in Shark Tank history. Don’t repeat their mistake.
Just as Ring disrupted home security, RYSE is revolutionizing smart blinds & shades by bringing automation to every home and business without the need for expensive replacements.
Invest before Big Tech makes their move. Shares are now available at $1.90 each (and up to 25% in bonus shares).
Disclaimers
Please be advised that alternative investments carry a risk of monetary loss. Neither Benzinga nor its staff recommends that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. All information contained on this website is provided as general commentary for informative and entertainment purposes and does not constitute investment advice.
Benzinga will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on this information, whether specifically stated in the above Terms of Service or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.
About Caroline Lubinsky
Caroline is a professional writer and editor from Charlotte, North Carolina. She is currently the Senior Editor for the Mortgages and Real Estate Investing verticals at Benzinga. Extremely detail-oriented, Caroline prioritizes publishing factually accurate content that maintains journalistic integrity. Besides her work at Benzinga, Caroline currently writes freelance commerce articles for Everyday Health, Forbes, Men’s Health, and Taste of Home.