Rhyz, Inc.
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Rhyz, Inc. - overview
Established
2018
Location
-, NY, US
Primary Industry
Travel & Leisure
About
Rhyz, Inc. , founded in 2018 in the US, operates as a beauty, wellness, and lifestyle accelerator, delivering innovative solutions to enhance individual well-being and lifestyle through personalized experiences. Rhyz, Inc. specializes in enhancing health and beauty outcomes, focusing on personalized solutions for individuals and businesses in the wellness sector.
The company was founded in 2018 in Provo, Utah, where its headquarters is located. Additional information about the founder or specific funding rounds is currently not available. Rhyz operates as a beauty, wellness, and lifestyle accelerator and ecosystem, focusing on providing innovative solutions for enhancing individual well-being and lifestyle. The company’s core offerings encompass a range of products and services designed to improve beauty and health outcomes through personalized experiences.
These solutions cater to both B2B and B2C markets, prominently serving clients in the beauty and wellness industry, including spas, salons, and retail outlets. By leveraging advanced technologies and analytics, Rhyz aims to customize and enhance the consumer experience, addressing specific end-use cases such as skin care, fitness, and overall lifestyle enhancements. Geographical markets for Rhyz's products and services extend beyond the local vicinity of Provo, UT, and are strategically targeted towards urban centers known for their health-conscious populations. Rhyz generates revenue through a structured model that includes direct-to-consumer sales, partnerships with wellness and beauty establishments, and potential subscription services for ongoing product access.
The company’s transactions typically involve retailers and wholesalers who incorporate Rhyz’s offerings into their service menus or product lines. Specific pricing plans for these products are established based on their flagship services, which focus on delivering a premium experience in beauty and wellness. This transactional framework allows Rhyz to maintain robust relationships with both consumers and partners, fostering loyalty through high-quality service and innovative solutions tailored to the evolving needs of their clientele. Rhyz plans to introduce several new products in the coming year, focusing on enhancing their current offerings.
The company is targeting expansion into major urban markets, aiming to establish a presence in health-conscious areas by the end of 2024. Recent funding will be directed toward product development and marketing efforts to support these initiatives.
Primary Industry
Travel & Leisure
Sub Industries
Fitness & Wellness Facilities
Website
www.rhyz.com
Total Amount Raised
Subscriber access only
Rhyz, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Beauty BioSciences LLC | - |
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