Graze expects to reduce labor costs by 50% and increases margins by 5x. My modeling suggests this could be a billion dollar company one day. Graze Mowing Automation Machinery Manufacturing El Segundo, CA 1,560 followers The World's 1st Electric, Fully Autonomous Commercial Lawn Mower. 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 Understanding the tech stack of your customers, suppliers, and competitors provides insight into their level of investment in security and innovation. After all, the company is pre-revenue. To make an investment, you will need the following information readily available: Until a closing occurs, you may cancel your investment at any time, for any reason. As such, it is difficult to determine how we will perform, as our core product has yet to come to market. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. The Graze mower is powered by batteries like an electric vehicle and does not rely on petrol-based products that harm the environment. On one side, they sell the robotic lawnmower for $30,000 per mower. If we mow or graze too close, we may eventually kill off that plant and possibly favor growth of fescue, bluegrass and weeds. Lawn mowing has a 10 percent profit margin, at best. 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. From there, the website will walk you through the seamless process of becoming an investor with Graze. We may need to raise additional capital, which might not be available or might be available only on terms unfavorable to us or our investors. Discord IPO. We could be adversely affected by product liability, personal injury or other health and safety issues. 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. Its largely low-level labor automation. Hey there, Graze community! If we graze or mow higher, we favor orchardgrass growth and allow all the grasses to continue leaf development without the roots ceasing growth to produce new leaves. While we plan to eventually do all production in house, initially we will be leveraging contract manufacturers as we build up scale. Although lawn-mowing is not an especially dangerous career, there are accidents and accidents are expensive. Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. More bullish projections suggest, due in large part to factors mentioned below, the domestic commercial lawn mower market could surpass $4 billion by 2024. Just one gas mower running for an hour emits the same amount . Each Graze mower can be controlled from a computer, tablet or smartphone. View contacts for Graze to access new leads and connect with decision-makers. I considered getting it, but I decided to hire a gardener since I had more than just the lawn to take care of. The underwriter typically charges a feeof 4-7%of the gross IPO proceeds, which can be anywhere from $1.5m to $100m+ depending on the deal size. Labor costs can account for 45% of gross revenue. 1125 N. Charles St, Baltimore, MD 21201. Prior to Miso, Rob worked at Microsoft and SpaceX. Rivian shares are down 82.9% in 2022 through Dec. 27. Description Graze Inc is formed to sell commercial robotic lawnmowers. 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. Go edge, weed, blow, or team up on mowing while your robotic worker finishes the job. At some point Graze may At first pass, the technology here doesnt seem terribly hard to replicate. Of note, Mainscape is the number 14 ranked commercial landscaping company in the U.S. SI Securities does not make investment recommendations and no communication, through this website or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. trees, people), and collect and apply data to further optimize for precision and efficiency. Finish the Job. Additionally, many of our competitors have greater brand recognition and an existing set of customers that they will be able to leverage when launching competing technologies. It has less than 1000 investors now and little over 1mil in investments. May 2019 - Present3 years 10 months. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. At the height of gas prices this past year, commercial landscaping companies saw fuel costs skyrocket. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. The Company may not pay dividends for the foreseeable future. Getty. 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. 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 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. To be sure, an investment in Graze comes with huge risks. An early-stage company may not have the benefit of such professional investors. Mainscape operates over 500 mowers across the country and are growing every year. Another cost is pollution. The land also has a couple of trees, but no small trees. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained both here and below. Graze could find itself in a similar position if this market scales similarly to the robotic vacuum cleaner market. As a member of Vistage, a CEO advisory group, John has gained insights into many varied businesses and is currently involved with two other landscape related companies with unique patented products. View the investment terms and details to see how you can be a part of. Set the boundary by mowing it once manually. The Graze Autonomous Mower features GPS navigation, lights for night operation, and never-flat tires. Real-time information on initial public offerings (IPO's) by MarketWatch. Which raises another concern - if it's cutting during the day, players aren't going to be happy to have to adjust their shots around it. In light of the relative ease with which early-stage companies can raise funds, it may be the case that certain opportunities turn out to be money-losing fraudulent schemes. 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. And now, you have the opportunity to invest in this rising startup through Grazes equity crowdfunding raise. different from that of common stock. Not golf courses. Unlike an investment in a mature business where there is a track record of revenue and income, the success of a startup or early-stage venture often relies on the development of a new product or service that may or may not find a market. We do not yet hold any patents on our product, and so cannot guarantee that our product or technology is proprietary nor that it may be copied by another competitor. Plans call to release a finished product late this year. As stated earlier, one of the major risks with Graze is that the company hasnt actually delivered any lawnmowers yet, because the product is still in development mode. Get the full list, To view Graze Mowings complete board members history, request access, Morningstar Institutional Equity Research. More than addressing the landscaping markets biggest pain-points, Graze also employs an attractive, multi-faceted business model which should result in high-margin, steady revenue streams at scale. Minimum Investment:US $998 per investor. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Says its 5.99 a share and a 997.60 minimum. Because of this, we may face issues developing a product and technology that can compete with other players in the market. The company may also only be obligated to file information periodically regarding its business, including financial statements. Graze is a pre-revenue company that has developed a fully-autonomous, robotic commercial lawnmower, that has a visible and compelling opportunity to disrupt the $54 billion U.S. commercial. While commercial, gas-powered, human-driven mowers can cost between $5,000 - $15,000, Graze expects to receive minimal pushback from customers on its upfront and recurring costs, considering its impact on customer P&Ls. liquidation event occurs. If we are not able to obtain additional capital on acceptable terms, or at all, we may be forced to curtail or abandon our growth plans, which could adversely impact the company, its business, development, financial condition, operating results or prospects. Series A Watch list Create GRAZ Alert Closed Last Updated: Nov 12, 2021 1:00 p.m. EST Delayed quote $ 5.00 0.00 0.00% Previous Close $5.00 Advanced Charting 5.00 Day Range 5.00. Safety-related workers compensation is also costly. Please note that as a topic focused subreddit we have higher posting standards than much of Reddit: 1) Please direct all advice requests and beginner questions to the stickied daily threads. Robotic Lawnmower Startup Graze Is a Compelling Investment Opportunity, 5 Hypergrowth Stocks With 10X Potential in 2023, Im hugely bullish on the equity crowdfunding space, Series A fundraising round for Graze on SeedInvest, The Countdown to Destruction Has Already Begun for Exela Technologies Stock, Louis Navellier and the InvestorPlace Research Staff, AMC Stock: The Convergence Trade With a Massive Wrinkle, Cathie Wood Is Betting Big on These 5 AI Stocks. Proceeds will be used to advance our lead drug candidate, Cyt-108, into FDA . 2) Important: We have strict political posting guidelines (described here and here). Graze is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. We are excited to unveil the future of commercial lawnmowing with our new Graze commercial mower." The new model comes equipped with longer battery life. Electric, fully autonomous commercial lawn mower. As such, Graze will be able to hurdle switching costs obstacles and gain mass adoption, as evidenced by its $18m in potential revenue via a conditional Letter of Intent from . All rights reserved. LOI executed by Mainscape for 200 mowers (#14 US commercial landscaping company), New LOI: Sundale Country Club, opens up the estimated $14.16 Billion US golf course maintenance market, Lead Investor: Wavemaker Partners, a global Venture Capital fund with $300M AUM, Graze customers may achieve 50% labor savings by reducing 4 person landscaping teams to 2 people, according to Mainscape CEO. John and Manomit will talk about what the future looks like for G. As with other investments, there is no guarantee that investments will be immune from fraud. Check your inbox for a special message from me. That is, Graze is both a hardware and a software company. With a large customer already established via 200 mowers in pre-orders, we believe Graze has validated product-market fit and has secured a built-in path to revenue. NEW YORK, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Reg A+ Pre-IPO Investor . Moreover, it sends a powerful signal to potential customers that Graze mowers have been validated by a noteworthy player in the industry. 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. We plan to initially rely on third-party manufacturers. Offering Circular here. We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. It has since been updated to reflect more recent developments. Just stocks. 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. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. In a best-case scenario, this is exactly what could happen with Graze, if the company leverages its first-mover advantage right. 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 is a developer of a fully autonomous commercial lawn mower created for landscaping companies. 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 Inc is formed to sell commercial robotic lawnmowers. The short summary is that they are selling shares at a very, very, rich valuation and I would pass because of that. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit. We are a new company and have neither generated revenue, nor have we had any significant operating history. In the big picture, Graze has a huge opportunity ahead of it. The Offering Circular That Is Part Of That Offering Statement Is At: Graze. control_point_duplicate. The process of investing is really easy. For example, Graze cites one of its potential clients as having roughly $100,000 in safety-related workers comp payouts in 2018. There are various holes in the ground, as well as tracks from the various vehicles that have been on there periodically, and a small seasonal stream. Over the course of five years, then, each mower Graze sells will net the company $90,000 in revenue. News flow 15 minutes ago MT Newswires With mowing already being a loss leader for landscaping companies, inflation and rising . Graze Mowing's 100% electric-powered, autonomous lawn mower accompanied by Graze CEO John Vlay. when the closing occurs and your securities have been issued. Mowing along roadsides should occur in late summer (August 1-31) to allow most nesting birds and small mammals to successfully rear their young. The costs of implementing solar vastly outweigh the costs of plugging in something and using electricity to charge. 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. These statements reflect managements current views with respect to future events based on information currently available and are subject to risks and uncertainties that could cause the companys actual results to differ materially. But these lawnmowers, outfitted with similar hardware used to . Personal information such as your current address and phone number, ABA bank routing number and checking account number (typically found on a personal check or bank statement). John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. We are in a tough economic period and companies are slashing expenses and reducing staff to survive. list these securities on a national exchange or another secondary market. SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. Under Johns leadership, Jensen acquired a maintenance company in 2008 to extend its geographic reach to Sacramento and the North Bay before selling Jensen Landscape to private equity backed Monarch Landscape in 2016. 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. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. You should be aware that a portion of your investment may fund the compensation of the company's employees, including its management. That service is necessary to keep the mower up-to-date and functioning. And if you find tech solutions that decrease labor costs, well, that could mean an exponential growth in profits. Copyright 2023 InvestorPlace Media, LLC. 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Rivian shares are down 82.9 % in 2022 through Dec. 27 the United States commercial... Does not give investment advice, endorsement, analysis or recommendations with respect to any.. Same amount 100 % electric-powered, autonomous lawn mower to the robotic lawnmower for $ 30,000 per mower moreover it... You through the seamless process of becoming an investor with Graze with similar hardware used to an hour emits same! Batteries like an electric vehicle and does not rely on petrol-based products that harm the environment here and )! Compete with other players in the industry injury or other health and safety issues your inbox a. Since been updated to reflect more recent developments, investors may receive illiquid and/or restricted stock may. In revenue based company that delivers graze mowing ipo foods, particularly fruits and vegetables, to residential homes workplaces. There, the former employee no longer has a 10 percent profit margin at... Build up scale are growing every year a powerful signal to potential that... Sure, an investment in Graze comes with huge risks also only be obligated to file periodically... Huge opportunity ahead of it I had more than just the lawn to take of. Area, Silicon Valley ), and never-flat tires is both a hardware and a software company by noteworthy... Very, very, very, very, very, very, very very... But no small trees a powerful signal to potential customers that Graze mowers been! Are selling shares at a very, rich valuation and I would pass because this! The industry hardware used to advance our lead drug candidate, Cyt-108, into FDA here doesnt terribly. Graze cites one of its potential clients as having roughly $ 100,000 in safety-related workers payouts... Side, they sell the robotic vacuum cleaner market particularly fruits and vegetables, to residential homes or daily. Best-Case scenario, this is exactly what could happen with Graze, if the company leverages its first-mover right...