Pre-orders from Mainscape suggest initial pricing will be effective. 2023 PitchBook. 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. The commercial lawn-mowing market has a few big challenges. This site is operated by SeedInvest Technology, LLC ("SeedInvest"), which is not a registered broker-dealer. 1125 N. Charles St, Baltimore, MD 21201. Despite what individual companies may promise, theres always the chance of losing a portion, or the entirety, of your investment. Danetha Doe is a writer, public speaker, and founder of Money & Mimosas. We cannot assure you that the necessary funds will be available on a timely basis, on favorable terms, or at all, or that such funds, if raised, would be sufficient. 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. A Graze mower consists of two large sections. There, John oversaw Safety for Monarchs six rollup companies in five states and worked with the Monarch CEO on acquisition 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. Future Labs V, Inc. dba "Graze Mowing . Landscapers Average: 45% Mowing labor costs with less than 10% profit margin. Although Graze has a fantastic product, its customers may not be able to follow through on their LOIs during the current economic downturn. 3. The companies displayed are not current offerings of EquityZen Securities LLC. May 2019 - Present3 years 10 months. Tampa Electric pays in ASGA's typical per-acre range of $250-750 for sheep to graze at its sites, which represents a 75% cost savings over traditional mowing there, according to Paul Davis, TECO's director of solar operations. As such, it is difficult to determine how we will perform, as our core product has yet to come to market. Ownership Status Publicly Held Financing Status Formerly VC-backed Primary Industry Gotta find the company thats going to take the risks. They are developing an autonomous lawn mower for the commercial landscaping market. Lawn mowing is a core component of almost all commercial landscaping businesses. Follow View all 7 employees Report this company Report Report. Increasing competition will create obstacles to volume and revenue growth, and result in margin pressures. Article printed from InvestorPlace Media, https://investorplace.com/2020/08/automation-stock-graze-huge-potential-upside-seedinvest-privinv/. At that point, you All rights reserved. Luke Lango is a Markets Analyst for InvestorPlace. Keeping weeds the same height of grass will give grass an advantage and . The software side allows for recurring revenue. Their commercial lawnmower delivers a fully autonomous, solar and electric powered lawn power with. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. Currently, they have raised a little over 482k at a valuation of $23 Million and previously raised $3.7 Million in Finish the Job. It is a solar-powered, self-driving mower and is reported to be able to cut fuel costs by 75%, cut traditional labor costs associated with mowing by 50%, and increase profit margins by 5x. You should carefully review any disclosure regarding the company's use of proceeds. All rights reserved. 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. At the height of gas prices this past year, commercial landscaping companies saw fuel costs skyrocket. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. "They sort of behave like a Roomba robot - they walk around the site and eat and cover it all pretty effectively," he said. 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. Be a tax right off right using solar energy. First, our Series B is now open for investments! Within the United States, commercial lawn mowers represented $1.4 billion of the $5 billion lawn mower market in 2016. 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. Graze has developed a technological breakthrough to disrupt the $54 billion U.S. commercial landscaping market. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. "The SEC has qualified this offering" means the SEC has permitted Graze to offer for sale the Graze is poised to revolutionize the $129 billion dollar commercial lawn care industry with its proprietary technology and innovative business model. PreIPO Buzz has not taken any steps to verify the adequacy, accuracy or completeness of any information. Golf courses and hotels typically use the cheapest form of labor they can for lawn maintenance. Graze is a solar-powered mower addressing environmental waste issues in the $129 billion commercial lawn care industry. Its a win-win solution that could easily see ubiquitous adoption across the commercial landscaping market over the next 5 to 10 years. Government contracts are usually a very reliable source of revenue. Graze's Founding Team is comprised of commercial landscaping industry veteran John Vlay as CEO and their Principal Engineer, Phillip Wong (more below). The solar panels aren't large enough to power a cutting blade for very long. John and Manomit will talk about what the future looks like for G. The upfront cost a Graze mower is $30,000, although that cost can be up to 30% less after solar energy tax credits. Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit. Investors who invest $100,000 or less will have their securities held in trust with a Custodian that will serve as a single shareholder of record. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. But, the company has signed and executed three Letters of Intent (LOIs) which help mitigate this pre-revenue risk. One gas mower running for one hour emits the same amount of pollution as 40 internal combustion cars. Investors investing $100,000 or more will benefit from yearly investors call. Although the U.S. commercial landscaping industry is worth $98.7 . 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. Additionally, Grazes equipment is whisper quiet which means commercial lawncare companies can run them at night. With that stated, there are many potential upsides and huge growth potential. Each Graze mower can be controlled from a computer, tablet or smartphone. There's the shell, which houses the battery, cameras and sensors that can detect objects a couple feet away, as well as the detachable mower deck, which can be dismounted for easy storage, cleaning and sharpening of the blades. Graze is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. Labor costs in commercial landscaping are. Graze also has terms with the city of Glendale and Pasadena. Accelerate capital raises, KYC & fund formation on DealMaker. Investment in personnel. 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. On top of labor costs are the exorbitant fuel costs. 1125 N. Charles St, Baltimore, MD 21201. Public Fundamental Data provided by Morningstar, Inc. Estimates are tough to find, but there are about13 million commercial lawnmowersin the U.S. Download Graze's At scale, this should result in significantly higher gross and profit margins than pure-play hardware companies, as well as much more revenue visibility and stability. Most importantly, do not invest money you cannot afford to lose. Please enable JavaScript in your browser settings and refresh the page. 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. 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. for you to make an investment decision in their company. In September . An early-stage investment is also an investment in the entrepreneur or management of the company. According to management, the Company's former Chief Technology Officer was notified by the Company of their intention to change his employment status in Q1 2020. Commercial landscaping and maintenance companies regularly purchase new equipment at the end of useful life spans (i.e., every 2-5 years). Our partnerships and our relationships with commercial landscaping companies is crucial for us to achieve our growth plan. Pollution is an externality cost and needs to be treated as any other expense on the P&L statement. Our success is based on our ability to raise capital in order to achieve a minimum viable product and move into production. Labor costs can account for 45% of gross revenue. We are in a tough economic period and companies are slashing expenses and reducing staff to survive. Over the past five years the commercial lawn mower market has experienced steady growth and that trajectory is expected to continue. Graze Mowing's 100% electric-powered, autonomous lawn mower accompanied by Graze CEO John Vlay. We still have significant engineering and development work to do before we are ready to deliver a working version of our product to our corporate partners. Graze is a company that develops an electric, autonomous lawnmower for commercial landscaping. Graze, also referred to as Graze Robotics, Graze Mowing, and Graze Mower, currently manufactures the worlds only commercial-size autonomous mower. 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). 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. Graze has signed LOIs from Mainscape, Sundale Country Club, and Mirandas Landscape. Disclaimer: This paid content was created with our sponsor and does not necessarily reflect the opinions or point of view of Money & Mimosas. The Top 3 Growth Stocks in Quantum Computing. 3) This is an open forum but we expect you to conduct yourself like an adult. Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult to assess and you may risk overpaying for your investment. SI Securities does not provide custody services in connection any investments made through the platform. 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. We rely on a small management team to execute our business plan. 1,571 followers. before investing. Survey data shows that as much as 46% of gross revenue is derived from mowing services, making commercial lawn mowing a $23 billion per year industry with the opportunity to grow to $32 billion in the United States in 2024. Technology/Autonomous Lawnmower. In that robotic market, iRobot owns about 50% share. Autonomous electric mower system and related methods, Youre viewing 1 of 3 executive team members. Solar and batteries are expensive. Graze is a company that's building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. 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. different from that of common stock. You should not plan on being able to readily transfer and/or resell your security. Mowing itself is useful, using solar is a bad concept. Graze Mowing is a startup raising funds to bring its all-electric, self-driving mowers to market. As readers of mine know,Im hugely bullish on the equity crowdfunding space, seeing it as an enormous opportunity for retail investors to diversify their portfolio with potentially explosive early-stage investments in tomorrows most important companies. We're aiming to produce 100% electric, fully autonomous landscaping equipment as standalone products and modular mower attachments. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. 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. 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. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. 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. effects of dilution or grants special privileges in situations when the company is sold. We could be adversely affected by product liability, personal injury or other health and safety issues. This is not the case in landscaping. Thats not great news. Graze believes the introduction of an electric, self-driving mower to the market will be highly disruptive. Cytonics has received over $15M in funding to-date, including $1.8M in grants from the National Institute of Health and a $4M investment from Synthes (a Johnson and Johnson company). And now, you have the opportunity to invest in this rising startup through Grazes equity crowdfunding raise. Company has previously raised over $10M in capital. 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 landscaping market, by addressing and eliminating the markets biggest pain-points: labor costs, fuel costs, safety-related workers compensation and pollution. Grazes flagship product, its electric, fully autonomous lawn mower aims to be: Graze will offer relatively straightforward pricing on its flagship mower: Robotics Advisor, Rob Anderson is currently the Co-Founder and Head of Mechanical Engineering at Miso Robotics. 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. *This calculation is based on our intended subscription pricing model of $12,000 per year, per mower and $30,000 upfront equipment price upon launch, times 200 mowers. All rights reserved. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Just one gas mower running for an hour emits the same amount . Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). That service is necessary to keep the mower up-to-date and functioning. 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. Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . Second, after over 3 years of R&D we have reached an incredibly See more Create new account Graze is bringing intelligence, automation and sustainable solutions to commercial lawnmowing. Right now Graze does not plan to The minimum investment is $1,001.40. 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. This is not an investment for the faint of heart, and each investor must do their own due diligence. John led Jensen Landscape as Chairman, CEO, and President for eleven of his 35 years with this award-winning landscape construction and maintenance company. Hey there, Graze community! The Company may not pay dividends for the foreseeable future. Those challenges include: Graze has created a fully autonomous, electric lawnmower which addresses and eliminates allof these pain-points. 06/16/21 AT 9:16 PM. We have $23M in pre orders via non-binding commercial contracts. subject our company to liability due to personal safety or property damage issues. This includes beginner questions and portfolio help. The company is led by John Vlay, a landscaping veteran who has a deep network of industry connections. Graze eliminates 50% or more of the labor costs and 75% of the fuel costs. It has less than 1000 investors now and little over 1mil in investments. We are seeking to raise $1M by conducting a public offering under Regulation CF. By tackling the lawn mowing segment first, Graze plans to solidify valuable customer relationships with large industry incumbents. 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Regularly purchase new equipment at the height of grass will give grass an advantage.! The P & L statement & amp ; Wellness we 're aiming produce. The mower up-to-date and functioning internal combustion cars find the company is sold convert to real shares... Adequacy, accuracy or completeness of any information their own due diligence of. Fruits and vegetables, to residential homes or workplaces daily not plan on being able to follow on. Gauge a companys traction and growth using web presence and social reach industry Got ta find company. Electric powered lawn power with pricing will be effective by graze CEO John Vlay solution could...