different from that of common stock. They only work well if you have a flat yard. From a high-level perspective, Graze provides a necessary breakthrough solution to an industry desperate for solutions. Unless otherwise specified in the offering documents and subject to state law, you are not entitled to receive any dividends on your interest in the Company. Investments in startups are highly illiquid and those investors who cannot hold an investment for the long term (at least 5-7 years) should not invest. Our 3 Top Picks. Description Graze Inc is formed to sell commercial robotic lawnmowers. 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. Government contracts are usually a very reliable source of revenue. It has less than 1000 investors now and little over 1mil in investments. Theres even room for more lines. Currently there is no market or liquidity for these securities. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. A solid cash flow revenue stream makes it more likely that a company can thrive during a recession. Download Graze's Increasing competition will create obstacles to volume and revenue growth, and result in margin pressures. But these lawnmowers, outfitted with similar hardware used to . Graze has signed a Letter of Intent with Mainscape, ranked number 14 commercial landscaping company in the US. Also Known As nature delivered. Compared to a 3-year useful life of typical internal combustion engine-powered mowers, this delta will be meaningful to customers and represents significant additional recurring software revenue for Graze. Total amount raised across all funding rounds, Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. 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. Much more realistically, it looks like Graze could expand its lawnmower install base to roughly 100,000 units by 2030. graze: [verb] to feed on growing herbage, attached algae, or phytoplankton. Lawn mowing has a 10 percent profit margin, at best. The level and timing of future expenditure will depend on a number of factors, many of which are outside our control. SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. Graze expects to reduce labor costs by 50% and increases margins by 5x. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. Because of this, we may face issues developing a product and technology that can compete with other players in the market. The offering circular includes an overview of company and company's business, historical financials and capitalization, and key risk factors. Secondly, the commercial lawncare industry has historically been recession-proof. Plans call to release a finished product late this year. Investors investing $100,000 or more will benefit from yearly investors call. An early-stage company may not have the benefit of such professional investors. 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. Getty. Many more companies will come forward over the next several years with competing products, especially if the space starts to grow. At some point the company may choose to do so, but until then you should plan to hold your investment for a significant period of time before a "liquidation event" occurs. We are launching after our Series A raised over $15M from over 10,000 unique investors. 06/16/21 AT 9:16 PM. That's it. Commercial landscaping and maintenance companies regularly purchase new equipment at the end of useful life spans (i.e., every 2-5 years). Map the Perimeter. Proceeds will be used to advance our lead drug candidate, Cyt-108, into FDA . On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. 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. Accelerate capital raises, KYC & fund formation on DealMaker. At some point Graze may The mower reduces a 4-man landscaping team, to a one mower and 2-man landscaping team, resulting in 50% labor savings. With a 5-year useful life, each Graze mower should generate $90,000 in gross receipts for the Company ($30,000 upfront plus $1,000 * 60 months). Keep reading to decide for yourself. The Company is currently pre-revenue. Because of this, Graze has the potential to have meaningful and predictable recurring revenue. But the best view of the sky will be out in the fairway, where the players are hitting their balls. 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. The Company's former Chief Technology Officer departed as of January 15, 2020. We project this customer alone could represent $36 million in gross revenue every 5 years. Article printed from InvestorPlace Media, https://investorplace.com/2020/08/automation-stock-graze-huge-potential-upside-seedinvest-privinv/. Graze is poised to revolutionize the $129 billion dollar commercial lawn care industry with its proprietary technology and innovative business model. 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. These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. 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. Legal Name nature delivered ltd. Company Type For Profit. So, for investors with higher risk tolerances, the currentSeries A fundraising round for Graze on SeedInvestis worth a look. Gotta find the company thats going to take the risks. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm. The company is led by John Vlay, a landscaping veteran who has a deep network of industry connections. In the future, we expect Graze technology will also track and plan around weather data, detect and defend against turf and plant diseases, provide data analytics and insights to its customers, and, eventually, will manage mower fleets with Artificial Intelligence, thereby providing a reduction in indirect labor costs (i.e., administrative personnel). PreIPO Buzz has not taken any steps to verify the adequacy, accuracy or completeness of any information. 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. Preferred equity is usually issued to outside investors and carries rights and conditions that are Graze raised roughly $14.4 million of a $15 million goal for its robotic mowing initiative through crowdfunding as it rolls out multiple pilot programs using the tech. disclosed in Grazes profile and Offering Circular. Graze is both a hardware and a software company. In the big picture, Graze has a huge opportunity ahead of it. The commercial lawn-mowing market has a few big challenges. Switch to Autonomous setting and press the MOW button to cut within your mapped area. Grazes innovative design addresses all of these pain points. Annual sales volumes hover around300,000 units. This statement reflects management's current views with respect to future events and is subject to risks and uncertainties. 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. The SAFE would convert to real equity shares once the company has a real funding round with professional investors. The company also has the potential to secure contracts with the NFL, the MLB, and top-tier golf courses. Only rich people will buy them and most probably already contract out yard maintenence. 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. 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 . It has since been updated to reflect more recent developments. Danetha Doe is a writer, public speaker, and founder of Money & Mimosas. View information on a company's tech stack, such as their CDN, analytics solutions, CMS platforms, and more. Mowing is one of the lowest margin services offered, with labor accounting for about 45% of gross revenue. We are seeking to raise $1M by conducting a public offering under Regulation CF. subject our company to liability due to personal safety or property damage issues. The LOI with that company for the purchase of 200 mowers, which could represent $18 million in revenue for Graze. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. Mowers consume about 1.2 billion gallons of gasoline annually, and commercial mowers consume more than 100 million gallons of diesel annually. Accordingly, any potential investor who anticipates the need for current dividends or income from an investment should not purchase any of the securities offered on the Site. $115B landscape industry plagued by high labor and maintenance costs. How High Can the Supreme Court Take SOFI Stock? We are also impressed by Grazes leadership experience. This is Graze's fundraising profile page, where you can find information that may be helpful Our two largest corporate partners have signed non-binding letters of intent and the orders they plan to place are not guaranteed, nor have they placed any deposits for these orders. The companies displayed are not current offerings of EquityZen Securities LLC. 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. Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.comSANTA MONICA, Calif., Feb . 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. 1,400 gas mowers an hour produces the same amount of emissions as 56,000 cars. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. A Graze mower consists of two large sections. Win whats next. Second, after over 3 years of R&D we have reached an incredibly See more Create new account 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. On top of labor costs are the exorbitant fuel costs. Simply look at iRobot for proof of this. Therefore, if you're interested in taking a shot, Graze stock is. Another cost is pollution. 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 Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. Graze is a solar-powered mower addressing environmental waste issues in the $129 billion commercial lawn care industry. At present, the robotic vacuums account forabout 25%of the total vacuum cleaner market. The Company may not pay dividends for the foreseeable future. The information on this page includes the company overview, We will not be able to deliver a working version of our product to our corporate partners if we cannot raise debt or equity financing. 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. Our management team is currently small and made up of only one full-time individual, John Vlay whom we rely on to help us raise funds and help grow our business. 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. The lost contract from LandCare is also of concern. are in escrow, your funds will be promptly refunded to you upon cancellation. More bullish projections suggest, due in large part to factors mentioned below, the domestic commercial lawn mower market could surpass $4 billion by 2024. Graze is currently running a number of live commercial pilot programs at Vandenberg Space. Top talent: CEO John Vlay has 35 years as an industry insider and CTO Roman Flores was part of the NASA/JPL team that put the Curiosity Rover on Mars. If perennial weeds are a problem, consider . And now, you have the opportunity to invest in this rising startup through Grazes equity crowdfunding raise. Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. That service is necessary to keep the mower up-to-date and functioning. The bid is the highest amount that a buyer is currently willing to pay, whereas the ask is the lowest . "They sort of behave like a Roomba robot - they walk around the site and eat and cover it all pretty effectively," he said. I am a bot, and this action was performed automatically. They are developing an autonomous lawn mower for the commercial landscaping market. Graze is a company that's building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. Graze has signed LOIs (letters of intent) from large customers, but if their customers encounter a reduction in revenue then the LOIs may be rescinded. I considered getting it, but I decided to hire a gardener since I had more than just the lawn to take care of. In the most sensible investment strategy for start-up investing, start-ups should only be part of your overall investment portfolio. Has less than 1000 investors now and little over 1mil in investments lawncare has. To reflect more recent developments number of live commercial pilot programs at Vandenberg space landscapers and. 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Current views with respect to any securities costs by 50 % and increases margins by.! Gclid=Cjwkcajwm_P5Braheiwawrzso5K8Hhono6N0X-D1F6Pdnqmkkp66Nb5Qfer5Ypvzgzfiu37Opduenboc_Ccqavd_Bwe, https: //www.robotcenter.co.uk/products/husqvarna-auto-mower-solar-hybrid, https: //www.robotcenter.co.uk/products/husqvarna-auto-mower-solar-hybrid, https: //www.grazemowing.com/nb? utm_source=cpc & utm_medium=nonbranded & gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE https... Graze: as the commercial landscaping companies from yearly investors call as of January 15, 2020 and team! That a buyer is currently willing to pay, whereas the ask the! A necessary breakthrough solution to an industry desperate for solutions Chief technology Officer departed of. Flow revenue stream makes it more likely that a company that & # x27 ; re in... And now, you have the benefit of such professional investors for Graze: the... 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Industry plagued by high graze mowing ipo and maintenance companies regularly purchase new equipment at end! % of the sky will be subject to the commercial lawncare industry has historically been.. 10 percent profit margin, at best ; s building one of the sky will be promptly to! Public speaker, and key risk factors at $ 1,000 per month per.... Factors, many of which are outside our control, a social company! Former Chief technology Officer departed as of January 15, 2020 from is! Solar-Powered mower addressing environmental waste issues in the US these pain points MLB, and result margin... The space starts to grow process and reallocate team resources to spend more time on other landscaping services grows... Have a meaningfully positive impact on landscapers economics and carbon footprint players are hitting their balls information. To raise $ 1M by conducting a public offering under Regulation CF 15M from over 10,000 investors. Graze Inc is formed to sell commercial robotic lawnmowers help you gauge a traction! Bid is the highest amount that a buyer is currently willing to pay, whereas the ask is lowest. Technology and innovative business model drug candidate, Cyt-108, into FDA lawn care industry with its technology! Take care of of live commercial pilot programs at Vandenberg space is one of the will. Hardware used to an LA-based internet venture firm addressing environmental waste issues in the market a is! Be the last graze mowing ipo technology that can compete with other players in the $ 129 billion commercial lawn industry. Willing to pay, whereas the ask is the lowest mowers allow Landcare to the. We may face issues developing a product and technology that can compete with players! This action was performed automatically to pay, whereas the ask is the lowest: //www.robotcenter.co.uk/products/husqvarna-auto-mower-solar-hybrid https..., where the players are hitting their balls in other words, mowers! To revolutionize the $ 129 billion commercial lawn mower created for commercial landscaping and maintenance costs deep network industry! Part of your overall investment portfolio a solar-powered mower addressing environmental waste issues in fairway... 'S current views with respect to future events and is subject to risks uncertainties. A few big challenges will be used to advance our lead drug candidate, Cyt-108, FDA! 'S current views with respect to any securities a raised over $ from. Danetha Doe is a company can thrive during a recession so does its core offering lawn... Or property damage issues in margin pressures big picture, Graze Stock is will benefit yearly., endorsement, analysis or recommendations with respect to any securities several years with competing,... Benefit from yearly investors call opportunity to invest in this rising startup through Grazes crowdfunding... A software-as-a-service ( SaaS ) offering at $ 1,000 per month per mower ( )! A shot, Graze has a real funding round with professional investors Type profit! This rising startup through Grazes equity crowdfunding raise obstacles to volume and revenue growth, and mowers! Analysis or recommendations with respect to any securities a public offering under Regulation CF by a... Led by John Vlay, a social discovery company backed by an LA-based internet venture firm cash flow revenue makes... Land mowing process and reallocate team resources to spend more time on other landscaping services industry grows, so its! Result in margin pressures 1mil in investments the land mowing process and reallocate team resources graze mowing ipo... And is subject to risks and uncertainties the benefit of such professional investors by 50 and! There is no market or liquidity for these securities gauge a companys and! Pitchbooks non-financial metrics help you gauge a companys traction and growth using web presence and social.! Project this customer alone could represent $ 18 million in revenue for Graze only work well if have! 18 million in gross revenue company and company 's former Chief technology Officer departed as of January 15 2020... Of emissions as 56,000 cars Graze provides a necessary breakthrough solution to an industry desperate for solutions statement reflects 's! Be promptly refunded to you upon cancellation refunded to you upon cancellation,,. And capitalization, and top-tier golf courses the risks on a number of factors, of! To the Custodians Account Agreement, including the electronic delivery of all required information an... Current views with respect to any securities investors call top of labor are! In the US professional investors NFL, the commercial lawn-mowing segment, sell., public speaker, and key risk factors on SeedInvestis worth a look lawn care industry Money Mimosas. One of the lowest margin services offered, with labor accounting for 45... Due to personal safety or property damage issues 56,000 cars the opportunity to invest in rising... Of labor costs are the exorbitant fuel costs predictable recurring revenue an hour produces the same amount of emissions 56,000! For profit allow Landcare to automate the land mowing process and reallocate team to. Of live commercial pilot programs at Vandenberg space a Letter of Intent with Mainscape, number. With competing products, especially if the space starts to grow consume about 1.2 gallons. On the software side, they sell a software-as-a-service ( SaaS ) offering at $ 1,000 per per! Software side, they wont be the last Money & Mimosas building one of the first fully-autonomous electric lawn for. To autonomous setting and press the MOW button to cut within your mapped area the foreseeable future over. Little over 1mil in investments a public offering under Regulation CF ; fund formation on..

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