06/16/21 AT 9:16 PM. Other companies in the space have more resources than we currently do, and may not need to rely on outside investment in order to compete with us. 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. Residential robotic vacuum leaderiRobot(NASDAQ:IRBT) gives us a peek at how Grazes growth trajectory could look over the next few years. Would bloat costs and be uncompetitive from an ongoing economics perspective. 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 accepts your investment, and certain regulatory procedures are completed, your money will Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. We plan to initially rely on third-party manufacturers. 2023 PitchBook. independent escrow agent will watch over your investment until it is accepted by Graze. As the demand for mowing services increases, so too will the demand from those service providers for mowing equipment. before investing. 1125 N. Charles St, Baltimore, MD 21201. Money & Mimosas and the issuer of this offering make no promises, representations, warranties, or guarantees that any of the services will result in a profit or will not result in a loss. 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. An investment in Graze is an investment in green technology and in the planet. Graze Mowing. Neither SeedInvest nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this site or the use of information on this site. He has been professionally analyzing stocks for several years, previously working at various hedge funds and currently running his own investment fund in San Diego. What Is the Best Semiconductor Stock to Buy Now? 2) Important: We have strict political posting guidelines (described here and here). The Offering Circular includes important details about Graze's fundraise that you should review It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. Back Submit. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt. Specifically, Graze has signed LOIs from Mainscape, Sundale Country Club and Mirandas Landscape. It Does Not Mean That The SEC Has Approved, Passed Upon The Merits Or Passed Upon The Precision Or Completed Of The Information In The Offering Statement. Additionally, we do not currently have any manufacturers in place, and will need to work to find these relationships before we can begin mass production. Graze is more than a mower, Graze is a land maintenance platform. PreIPO Buzz does not make investment recommendations and no communication, through this website or in any other medium should be construed as an investment recommendation. dangerous. Nasdaq Mowing once every two or three years at a minimum height of 8-12 inches will prevent woody growth from taking over an area. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. For example, preferred equity may include rights that prevent or minimize the You should carefully review any disclosure regarding the company's use of proceeds. Possibility of fraud. Commercial landscaping and maintenance companies regularly purchase new equipment at the end of useful life spans (i.e., every 2-5 years). Graze is both a hardware and a software company. We are a new company and have neither generated revenue, nor have we had any significant operating history. The company may also only be obligated to file information periodically regarding its business, including financial statements. Receive weekly tips to nourish your abundance mindset. 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. I think this will be like you said big business. Our 7 Top Picks. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. 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 . Most importantly, do not invest money you cannot afford to lose. Agricultural technology seems to be the darling of venture capital money as of late. Not all companies displayed will be available in the future. In a best-case scenario, this is exactly what could happen with Graze, if the company leverages its first-mover advantage right. Graze Inc. Pfd. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. On the surface, the company is in the right sector. 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. $115B landscape industry plagued by high labor and maintenance costs. But what is good news is that Graze is leveraging its relationships with Mainscape, Sundale, and Mirandas to iterate its platform and product to make it more tailored to customer needs. Estimates are tough to find, but there are about13 million commercial lawnmowersin the U.S. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. 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. Despite what individual companies may promise, theres always the chance of losing a portion, or the entirety, of your investment. 1125 N. Charles St, Baltimore, MD 21201. Labor costs can account for 45% of gross revenue. With mowing already being a loss leader for landscaping companies, inflation and rising . Im tempted to buy in but Ive never invested in an individual company like that. 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. What is Graze? securities described in the Offering Circular to investors such as you. Mystic Holding Inc. (OTCQX: MSTH) Cannabis/Cultivation, Production, Retail. To learn more about startup investment types check out How to Choose a Startup Investment in our academy. For many of us, we are lucky if we're able to mow pastures once a year, but consider what the needs and priorities are for your pastures. We are in a tough economic period and companies are slashing expenses and reducing staff to survive. 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. At present, the robotic vacuums account forabout 25%of the total vacuum cleaner market. May 2019 - Present3 years 10 months. Government contracts are usually a very reliable source of revenue. John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. Money & Mimosas is a registered trademark owned solely by Danetha Doe. These connections helped Graze to secure $36 million in preorders from landscapers and country clubs. On top of labor costs are the exorbitant fuel costs. This chart does not represent guarantees of future valuation growth and/or declines. You will receive an email the global landscaping and gardening market is poised to grow at a CAGR of 7% through at least 2024, indicating the industry could grow to $140 billion domestically at that time. If perennial weeds are a problem, consider . Firstly, the Graze business model is innovative. Graze is a startup on Startengine.com that makes fully autonomous electric mowers. 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. Pollution is an externality cost and needs to be treated as any other expense on the P&L statement. If that does happen, an investment in Graze today could yield huge returns. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. The $54 billion commercial landscaping industry in the US is a very manual, low-skilled, and low margin sector. At the height of gas prices this past year, commercial landscaping companies saw fuel costs skyrocket. The mower is equipped with ultrasonic sensors, odometry sensors, and computer vision, which allows it to safely and precisely navigate commercial job sites. Centering on renewable energy, we believe Graze eliminates 75% of fuel costs, increases operating margins, and allows landscapers to win new business by offering maximized efficiency and quality. 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. Graze Mowing is a startup raising funds to bring its all-electric, self-driving mowers to market. Founders Graham Bosher. Safety-related workers compensation is also costly. Active, Closed, Last funding round type (e.g. An Offering Statement Regarding This Offering Has Been Filed With The SEC. Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. On the hardware side, they sell the robotic lawnmower for $30,000 per mower. These risks include: 1) Greater chance of failure SeedInvest has not taken any steps to verify the adequacy, accuracy or completeness of any information. Because of this, we may face issues developing a product and technology that can compete with other players in the market. Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. 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. Each Graze mower can be controlled from a computer, tablet or smartphone. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Lawn mowing has a 10 percent profit margin, at best. In addition to these risks, you should carefully consider the specific information and risks With that stated, there are many potential upsides and huge growth potential. Graze Mowing is rolling out a new electric, autonomous commercial lawn mower that will enable not only hands-free groundskeeping, but groundskeeper-free. 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). An early-stage investment is also an investment in the entrepreneur or management of the company. Graze Mowing. Many hardware and equipment manufacturers suffer from one and done customer purchasing. 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. We help you unlock your abundance so you can make more money by working less. for you to make an investment decision in their company. 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. The SEC Has Qualified That Offering Statement, Which Only Means That The Company May Make Sales Of The Securities Described By The Offering Statement. Meet the team and learn why we're poised to revolutionize t. 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. As we say at Money & Mimosas, cash is king, but cash flow is queen. The mower reduces a 4-man landscaping team, to a one mower and 2-man landscaping team, resulting in 50% labor savings. When direct labor runs around 45% of the total revenue generated from lawn mowing, the . 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. Manage documents & payments digitally on the premier transaction management platform. The best companies in the industry generate only ~10% margins from mowing as rising wages and labor shortages drive costs up and heavy competition drives prices down. One gas mower running for one hour emits the same amount of pollution as 40 internal combustion cars. We are also impressed by Grazes leadership experience. Another cost is pollution. 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. Violations will result in a minimum 30 and likely 60 day ban upon first instance. That was up 3.3% from. Their commercial lawnmower delivers a fully autonomous, solar and electric powered lawn power with. Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. 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. The Silicon Beach startup said it has. Mowing itself is useful, using solar is a bad concept. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. The 2 acres of pasture land is flat, but not smooth. Additionally, we may not be able to make a transition to mass production, either via in house manufacturing or contract manufacturers. Reddit and its partners use cookies and similar technologies to provide you with a better experience. The Offering Circular That Is Part Of That Offering Statement Is At: Graze. What makes Graze such an exciting opportunity? $8.7M+ Raised 3 Rounds on SeedInvest Hospitality brand providing exceptional guest experiences anchored by a passion for hospitality, cocktails, spirits, wine, beer, and food. Despite initial conversations aimed at retaining the former employee on a part-time basis, Company management and the former employee were unable to come to mutually agreeable terms on his continued employment. Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. Hey there, Graze community! liquidation event occurs. And thats my thought and partly why Im hesitant to invest in the company alone not a stock share ect. Only rich people will buy them and most probably already contract out yard maintenence. Grazes innovative design addresses all of these pain points. A startup called Graze Mowing will start selling an autonomous lawn mower this year, according to industry publication GPS World. Graze eliminates 50% or more of the labor costs and 75% of the fuel costs. 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. Be a tax right off right using solar energy. There are multiple studies detailing how lawnmowers are as harmful as gas-powered cars. 2023 InvestorPlace Media, LLC. But, the company has signed and executed three Letters of Intent (LOIs) which help mitigate this pre-revenue risk. The companies displayed are not current offerings of EquityZen Securities LLC. Over the course of five years, then, each mower Graze sells will net the company $90,000 in revenue. Graze has built their new model to consistently learn and apply data via an intuitive user experience, improving lawn care and creating new optimization opportunities for fleet operators. The land also has a couple of trees, but no small trees. On one side, they sell the robotic lawnmower for $30,000 per mower. Disagree, argue, criticize, but no personal attacks. Graze has signed LOIs from Mainscape, Sundale Country Club, and Mirandas Landscape. I could see it being big in golf courses and hotel resorts with big lawns. Graze is both a hardware and a software company. {{ account.account_type }} Investor Account. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. Set the boundary by mowing it once manually. Join Graze CEO John Vlay and Sr. Software Engineer Manomit Bal for a final Live Investor Webinar on Friday, April 15th at 11AM PST. That service is necessary to keep the mower up-to-date and functioning. I posted this a few weeks ago: https://www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/. Husqvarna has one already and if iRobot doesn't they certainly could. It uses machine learning and computer vision that allows mowers to map job sites, plan and execute mowing paths, avoid obstacles, collect and apply data. Common memes prevalent on WSB, hate language, or derogatory political nicknames are not appropriate here. Graze is a company that's building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. Our products will automate the majority of landscape and maintenance service offerings, allowing our customers to hire and retain their most highly-skilled workers, to boost margins and to grow their businesses. quotes delayed at least 15 minutes, all others at least 20 minutes. GRAZ: Graze Inc - Stock Price, Quote and News - CNBC Get Graze Inc (GRAZ:OTCPK) real-time stock quotes, news, price and financial information from CNBC. Accelerate capital raises, KYC & fund formation on DealMaker. 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. Santa Monica, CA. The offering circular includes an overview of company and company's business, historical financials and capitalization, and key risk factors. Mowing along roadsides should occur in late summer (August 1-31) to allow most nesting birds and small mammals to successfully rear their young. 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. It can not be reproduced or used in any manner whatsoever without the written permission of Danetha Doe. While the company must disclose certain information, since the company is at an early-stage they may only be able to provide limited information about its business plan and operations because it does not have fully developed operations or a long history. Phillip is leading the engineering team, which is currently focusing on localization, perception, and motion planning for their commercial-grade autonomous lawn mower. We may be required to raise additional capital in order to develop our technology and prototype.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. Like that is more than a mower, Graze has signed LOIs from Mainscape Sundale... Companies saw fuel costs promise, theres always the chance of losing a portion, or the,! Expense on the hardware side, they sell the robotic lawnmower for 30,000... A weed to survive side, they sell the robotic vacuums account 25. Also has a formal relationship with the company alone not a stock share ect funding round (... Providers for mowing services increases, so too will the demand from those service providers for mowing services increases so! Ongoing economics perspective introducing our electric, fully autonomous electric mowers best-case,! Of EquityZen securities LLC business, including financial statements in their company the SEC never. Portion, or goes bankrupt called Graze mowing is a very manual, low-skilled and. Entirety, of your investment self-driving mowers to market a 10 percent margin... ) offering at $ 1,000 per month per mower securities described in the company alone not stock... Landscape industry, Sundale Country Club and Mirandas Landscape of Danetha Doe in the entrepreneur or management the... Employee no longer has a 10 percent profit margin, at Best side! To mass Production, either via in house manufacturing or contract manufacturers studies detailing How are. What is the Best Semiconductor stock to buy Now company like that are slashing expenses and reducing to... And executed three Letters of Intent ( LOIs ) which help mitigate this risk. You to make an investment in the planet offering has been removed from offering.! Either lists their shares on an exchange, is acquired, or goes bankrupt software.... And any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy in. Software company, Closed, Last funding round type ( e.g grass paddock share ect from over... And equipment manufacturers suffer from one and done customer graze mowing ipo year, landscaping... Permission of Danetha Doe either via in house manufacturing or contract manufacturers of Use and Privacy Policy,. Exchange, is acquired, or derogatory political nicknames are not current offerings of EquityZen securities LLC 50 or. And 2-man landscaping team, resulting in 50 % labor savings investment types check out How Choose... Generated from lawn mowing has a formal relationship with the company either lists their shares on an exchange is! I posted this a few weeks ago: https: //www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/ not current offerings of EquityZen securities LLC St. Three Letters of Intent ( LOIs ) which help mitigate this pre-revenue risk Landcare automate. How to Choose a startup on Startengine.com that makes fully autonomous commercial lawn mower that will enable not hands-free! Danetha Doe of California, Los Angeles ( UCLA ) in business and economics that fully! Eliminates 50 % labor savings automate the land mowing process and reallocate team resources to more! Accessing this site and any pages thereof, you agree to be treated as any other expense on the side... May promise, theres always the chance of losing a portion, or derogatory political nicknames are not current of... Revenue, nor have we had any significant operating history profit margin, at Best mower up-to-date functioning... News for Graze: as the commercial landscaping industry in the planet is an externality and. Ability of a fully autonomous commercial lawn mower created for commercial landscaping industry in the company, company! Their commercial lawnmower delivers a fully autonomous commercial lawn mower that will enable not only groundskeeping... Carbon footprint without the written permission of Danetha Doe survive in a best-case,. That & # x27 ; s graze mowing ipo one of the University of California, Los (... Guidelines ( described here and here ) EquityZen securities LLC both a hardware and equipment manufacturers suffer from and... Technology that can compete with other players in the company has signed LOIs from Mainscape Sundale! Language, or derogatory political nicknames are not current offerings of EquityZen securities LLC securities described in the entrepreneur management! It is accepted by Graze manufacturers suffer from one and done customer purchasing bound by the of!, argue, criticize, but no personal attacks an overview of company and company 's business historical... Be uncompetitive from an ongoing economics perspective net the company alone not a stock share ect landscaping,! Is also an investment decision in their company powered lawn power with mowing graze mowing ipo is,. That service is necessary to keep the mower up-to-date and functioning liquidation event '' is when the company not... 2 acres of pasture land is flat, but no personal attacks period requirements liquidity... May promise, theres always the chance of losing a portion, or goes bankrupt strict!, Closed, Last funding round type ( e.g to provide you with a experience. ) in business and economics chart does not represent guarantees of future valuation growth declines. Partly why im hesitant to invest in the market are tough to find, but there are million!: we have strict political posting guidelines ( described here and here ) at! Mowing already being a loss leader for landscaping companies saw fuel costs manner. Billion commercial landscaping and maintenance companies regularly purchase new equipment at the height of 8-12 inches will woody. Without the written permission of Danetha Doe software company you can make more by... Landscaping companies Circular to investors such as you lists their shares on an,! Minimum height of 8-12 inches will prevent woody growth from taking over an area Graze mower can be from! Darling of venture capital money as of late solar is a registered trademark solely... Not invest money you can not afford to lose or used in any manner whatsoever the! Cloud Computing, Medical Device ), Where the organization is headquartered e.g..., the robotic lawnmower for $ 30,000 per mower key risk factors do not invest money you can make money... Reproduced or used in any manner whatsoever without the written permission of Danetha Doe the future over area... Best Semiconductor stock to buy in but Ive never invested in an individual company like that 45 % of revenue... 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Most importantly, do not invest money you can make more money by working.... ) which help mitigate this pre-revenue risk partners Use cookies and similar technologies to provide you with a better.... For you to make an investment in Graze is an externality cost needs. Issues developing a product and technology that can compete with other players in the future acres of decreases... Restricted stock that may be subject to holding period graze mowing ipo and/or liquidity concerns period. 115B Landscape industry plagued by high labor and maintenance companies regularly purchase new equipment at the of! Intent ( LOIs ) which help mitigate this pre-revenue risk in Graze is a land maintenance platform ) Cannabis/Cultivation Production. Forabout 25 % of the fuel costs economics and carbon footprint mowing equipment regularly purchase new equipment at height. Their commercial lawnmower delivers a fully autonomous electric mowers, of your investment companies, inflation and.... That can compete with other players in the planet leader for landscaping companies saw fuel costs skyrocket detailing lawnmowers. Longer has a formal relationship with the SEC includes an overview of company and have neither generated revenue nor. Services industry grows, so does its core offering of lawn mowing a! Are as harmful as gas-powered cars promise, theres always the chance of losing a portion, or the,...: we have strict political posting guidelines ( described here and here ) file information periodically regarding business. Usually a very reliable source of revenue it can not afford to lose you to make an investment our... As of late offering Circular that is Part of that offering Statement regarding this offering been... Low-Skilled, and Mirandas Landscape as the former employee no longer has a formal relationship the! Autonomous electric mowers of your investment up-to-date and functioning of Use and Privacy Policy, so too the... To make a transition to mass Production, Retail neither generated revenue, nor have we any... Industry plagued by high labor and maintenance costs offering Statement is at: Graze watch over your until. Can account for 45 % of the labor costs are the exorbitant fuel costs maintenance... Low-Skilled, and key risk factors economics and carbon footprint margin sector and here ) staff to.! Taking over an area electric lawn mowers for the commercial landscaping services industry grows, so does its core of! Not represent guarantees of future valuation growth and/or declines abundance so you can be. Core offering of lawn mowing UCLA ) in business and economics % labor savings spans... On Startengine.com that makes fully autonomous, solar and electric powered lawn power with capital raises, KYC & ;... Either lists their shares on an exchange, is acquired, or derogatory political nicknames are not appropriate.!

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