The SEC is not judging the merits, accuracy, The Graze mower is powered by batteries like an electric vehicle and does not rely on petrol-based products that harm the environment. 2. More bullish projections suggest, due in large part to factors mentioned below, the domestic commercial lawn mower market could surpass $4 billion by 2024. PreIPO Buzz has not taken any steps to verify the adequacy, accuracy or completeness of any information. Over the past five years the commercial lawn mower market has experienced steady growth and that trajectory is expected to continue. Mowing itself is useful, using solar is a bad concept. These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. Pollution is an externality cost and needs to be treated as any other expense on the P&L statement. Graze is working directly with Mainscape to bring the Graze mower to market. Firstly, the Graze business model is innovative. If you have already funded your investment and your funds We are in a tough economic period and companies are slashing expenses and reducing staff to survive. The cutting deck is removable for easy access as well. Equity crowdfunding investments in private placements, and start-up investments in particular, are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups. So, for investors with higher risk tolerances, the currentSeries A fundraising round for Graze on SeedInvestis worth a look. Graze is offering securities through the use of an Offering Statement that has been qualified by the Securities and Exchange Commission under Tier II of Regulation A. A Caltech graduate, Luke has consistently been rated one of the worlds top stock pickers by various other analysts and platforms, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Replacing the entire gas-powered lawnmower fleet of Grazes top two clients, Landcare and Mainscape, would result in a reduction of carbon emissions equivalent to removing 42 million gas-powered cars off the road. We are also impressed by Grazes leadership experience. Therefore, if you're interested in taking a shot, Graze stock is. On one side, they sell the robotic lawnmower for $30,000 per mower. That's it. https://www.grazemowing.com/nb?utm_source=cpc&utm_medium=nonbranded&gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE, https://www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/, https://www.robotcenter.co.uk/products/husqvarna-auto-mower-solar-hybrid, https://steemit.com/steemhunt/@elsiekjay/automower-solar-hybrid-world-s-first-fully-automatic-solar-powered-lawn-mower. I considered getting it, but I decided to hire a gardener since I had more than just the lawn to take care of. View information on the latest IPO's, expected IPO's, recent filings and IPO performance. Currently there is no market or liquidity for theseshares and the company does not have any plans to list these shares on an exchange or other secondary market. The software side allows for recurring revenue. Not all companies displayed will be available in the future. https://www.robotcenter.co.uk/products/husqvarna-auto-mower-solar-hybrid, https://steemit.com/steemhunt/@elsiekjay/automower-solar-hybrid-world-s-first-fully-automatic-solar-powered-lawn-mower. Our partnerships and our relationships with commercial landscaping companies is crucial for us to achieve our growth plan. Golf courses and hotels typically use the cheapest form of labor they can for lawn maintenance. The company may also only be obligated to file information periodically regarding its business, including financial statements. We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. The end result is a mower that Graze claims will increase profit margins by reducing labor costs. With Graze: 23% mowing labor cost with a 43% profit margin. JavaScript must be enabled to use this site. Danetha Doe is a writer, public speaker, and founder of Money & Mimosas. How High Can the Supreme Court Take SOFI Stock? All rights reserved. Check your inbox for a special message from me. First, our Series B is now open for investments! Santa Monica, California, United States 1-10 Equity Crowdfunding Private www.grazemowing.com/ 36,792 Highlights Total Funding Amount $7.6M Contacts 4 Employee Profiles 3 Investors 4 Similar Companies 7 Apr 6, 2020 / Connor Doherty 2 One gas mower running for one hour emits the same amount of pollution as 40 internal combustion cars. Join Graze CEO John Vlay and Sr. Software Engineer Manomit Bal for a final Live Investor Webinar on Friday, April 15th at 11AM PST. Graze Mowing's 100% electric-powered, autonomous lawn mower accompanied by Graze CEO John Vlay. trees, people), and collect and apply data to further optimize for precision and efficiency. All securities listed here are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. In addition, Graze mowers are electric with boosted run times from solar panels. He designed/built one of San Francisco Bay Areas first green roofs at the GAP headquarters and oversaw the iconic California Academy of Sciences two-and-a-half acre green roof in Golden Gate Park. The Offering Circular includes important details about Graze's fundraise that you should review Around $60,000 of that will be high-margin, annually recurring software revenue. Moreover, no person nor any other person or entity assumes responsibility for the accuracy and completeness of forward-looking statements, and is under no duty to update any such statements to conform them to actual results. Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. Just stocks. An early-stage investment is also an investment in the entrepreneur or management of the company. Luke Lango is a Markets Analyst for InvestorPlace. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. By streamlining the mowing process and enabling businesses to run like clockwork, Graze intends to increase landscaping margins through robotic mowers that are 100% autonomous Manage documents & payments digitally on the premier transaction management platform. In that sense, while Graze may have lost the LandCare contract, the company is taking all the right steps today to win that contract back with a better product and service and then win multiple more contracts thereafter with a product and platform that are ever improving based on customer feedback. independent escrow agent will watch over your investment until it is accepted by Graze. It has less than 1000 investors now and little over 1mil in investments. Mystic Holding Inc. (OTCQX: MSTH) Cannabis/Cultivation, Production, Retail. With letters of intent from LandCare and Mainscape (two Top 15 US commercial landscaping companies), Graze is well on its way to a promising launch. That is, Graze is both a hardware and a software company. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. Graze believes the introduction of an electric, self-driving mower to the market will be highly disruptive. Mowers consume about 1.2 billion gallons of gasoline annually, and commercial mowers consume more than 100 million gallons of diesel annually. John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. Technology/Autonomous Lawnmower. There are multiple studies detailing how lawnmowers are as harmful as gas-powered cars. On top of labor costs are the exorbitant fuel costs. Understanding the tech stack of your customers, suppliers, and competitors provides insight into their level of investment in security and innovation. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. By tackling the lawn mowing segment first, Graze plans to solidify valuable customer relationships with large industry incumbents. Typical terms for a company at Graze's stage are something like $5 million cap, 20% discount. Lastly, Grazes proprietary technology means it will not be impacted by competition for the foreseeable future. The biggest roadblock we see is sales contract fulfillment. Still, for risk-seeking investors interested in the crowdfunding space, Graze is worth a look as a long-term speculative investment. The 2 acres of pasture land is flat, but not smooth. Skip Navigation watchlive Markets. While iRobot has maintained its leadership in that market, it came at the cost of margins and profits, which have come tumbling down (along with the stock price). If it is removing grass seed heads to promote forage regrowth, then mowing in June is a great option, but one mowing in June is a poor choice for reducing weeds. Companies seeking startup investments through equity crowdfunding tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. The founder of Money & Mimosas. A combination of machine learning and computer vision from a robust sensor suite will allow Graze to map job sites, plan and execute mowing paths, avoid obstacles (i.e., trees, power converters, people), and collect and apply data to further optimize for precision and efficiency. SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. Commercial landscaping companies have high labor costs because of the fierce competition for quality staff. Graze is a company that develops an electric, autonomous lawnmower for commercial landscaping. Three things that investors should take note of: RISK DISCLAIMER: Before deciding to participate in any invest including a Pre-IPO, you should carefully consider your investment objectives, level of experience and risk tolerance. 2) Important: We have strict political posting guidelines (described here and here). Prior to joining the Graze team, Phillip spent 6 years as the Lead Engineer of Knightscope, which raised more than $25 Million in equity crowdfunding, which is the most capital raised via equity crowdfunding to date. Investors are cautioned not to place undue reliance on these forward-looking statements as they are meant for illustrative purposes and they do not represent guarantees of future results, levels of activity, performance, or achievements, all of which cannot be made. Graze Mowing is rolling out a new electric, autonomous commercial lawn mower that will enable not only hands-free groundskeeping, but groundskeeper-free. More profits equals more sales, and more sales equals a bigger ROI for investors. Possibility of fraud. It all happens at the free AI Super Summit. Cheers! To cancel your investment, please go to your portfolio page by clicking your profile icon in the top right corner. Graze is bringing intelligence, automation and sustainable solutions to commercial lawnmowing. In order to continue to operate and grow the business, we will likely need to raise additional capital beyond this current financing round by offering shares of our Common or Preferred Stock and/or other classes of equity. Company has previously raised over $10M in capital. Graze expects to reduce labor costs by 50% and increases margins by 5x. With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . team bios, and the risks and disclosures related to this investment opportunity. 1,571 followers. At a $23 million pre-money valuation, the potential upside seems to significantly outweigh the potential downside. Electric, fully autonomous commercial lawn mower. An IPO is an initial public offering. Because of this, we will have less control of our supply chain as we grow the business, which could affect our ability to meet customer demand. As with other investments, there is no guarantee that investments will be immune from fraud. Graze is backed by lead investor, Wavemaker Partners, a global venture capital fund with $400 million in assets under management, and Wavemaker Labs, a robotics and automation-focused venture studio. Online chat start-up Discord had been in talks to be acquired by Microsoft in a $10 billion deal, although the tie-up was ultimately deep-sixed. Although the U.S. commercial landscaping industry is worth $98.7 . If we mow or graze too close, we may eventually kill off that plant and possibly favor growth of fescue, bluegrass and weeds. Graze has developed a technological breakthrough to disrupt the $54 billion U.S. commercial landscaping market. He earned his degree in Mechanical Engineering at CalTech, where he founded an interdisciplinary program to evaluate the next generation of energy storage for vehicles. These risks include: 1) Greater chance of failure Investors investing $100,000 or more will benefit from yearly investors call. Check out the background of our broker-dealer and investment professionals on FINRA's broker/check. As with any commercial grade lawn mowing equipment, there are significant health and safety issues that could result from our product being used incorrectly in the market. Money & Mimosas may receive monetary compensation by the issuer, or its agency, for publicizing the offering of the issuers securities. Lawn mowing is a vital service offered by commercial landscaping companies, however, its usually a loss leader. Graze Inc.A (GRAZ) Stock Price Today, Quote & News | Seeking Alpha 50% off Premium this earnings season GRAZ Graze Inc.A Stock Price & Overview 20 followers $5.00 0.00 ( 0.00% 1:00 PM. Legal, accounting, printing, and regulatory fees can cost millions more. If that does happen, an investment in Graze today could yield huge returns. The companies displayed are not current offerings of EquityZen Securities LLC. This is Graze's fundraising profile page, where you can find information that may be helpful Copyright 2023 InvestorPlace Media, LLC. May 2019 - Present3 years 10 months. So it wont be long before all those fancy VCs who see such potential in agtech realize that investing in tech for commercial landscaping is an even bigger opportunity. Husqvarna has one already and if iRobot doesn't they certainly could. Proceeds will be used to advance our lead drug candidate, Cyt-108, into FDA . Last Funding Type Non-equity Assistance. The Company's former Chief Technology Officer departed as of January 15, 2020. A Graze mower consists of two large sections. The LOI outlines the potential purchase of 200 mowers, which could represent $18 million in revenue for Graze.*. A money saver for businesses means a money maker for investors: Graze can provide commercial landscaping companies with as much as a 50% reduction in labor costs. All rights reserved. Lawn mowing is a core component of almost all commercial landscaping businesses. While we plan to eventually do all production in house, initially we will be leveraging contract manufacturers as we build up scale. See https://www.grazemowing.com/ The idea is this: typically you have a truck with four guys pull up to a commercial property and spend a few hours mowing the grass, edging, pulling weeds, etc. The Company is currently pre-revenue. "I've met with Martin Buehler and Buck Jordan at Wavemaker Labs, which has been doing great things as an investor and incubator," Vlay said. As CEO, John Vlay brings a great deal of experience in this space, and without him, we would struggle to build relationships with commercial landscaping companies. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. The information on this page includes the company overview, By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Your shares are not easily transferable. According to a Statista and IBISWorld study, the U.S. landscaping services industry hit revenue of $94.7 billion in 2019. Top of labor they can for lawn maintenance mower navigates around the boundaries of the University California! These risks include: 1 ) Greater chance of failure investors investing $ 100,000 or more will benefit yearly!, Retail of investment in security and innovation any securities robotic lawnmower for commercial companies... Your investment, please go to your portfolio page by clicking your profile icon in entrepreneur... 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