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. 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. Graze Inc is formed to sell commercial robotic lawnmowers. The founder of Money & Mimosas. Although Graze has a fantastic product, its customers may not be able to follow through on their LOIs during the current economic downturn. Over the past five years the commercial lawn mower market has experienced steady growth and that trajectory is expected to continue. Thats unusual for a pre-revenue company in the midst of a fundraising round, especially a technology company. With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . Secondly, the commercial lawncare industry has historically been recession-proof. And become more affordable as they progress so get in while we can. 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. The majority of the growing stuff is thistle and grass. It all happens at the free AI Super Summit. Accelerate capital raises, KYC & fund formation on DealMaker. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. "We have a handful produced and are doing pilot programs right now," says Vlay. View the investment terms and details to see how you can be a part of. disclosed in Grazes profile and Offering Circular. For example, Graze cites one of its potential clients as having roughly $100,000 in safety-related workers comp payouts in 2018. Graze is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. 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. Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. graze: [verb] to feed on growing herbage, attached algae, or phytoplankton. Graze is a solar-powered mower addressing environmental waste issues in the $129 billion commercial lawn care industry. Graze expects to reduce labor costs by 50% and increases margins by 5x. Danetha Doe is a writer, public speaker, and founder of Money & Mimosas. Possibility of fraud. 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. Proceeds will be used to advance our lead drug candidate, Cyt-108, into FDA . The design enables companies to drastically cut fuel costs and carbon emissions. Mowing is one of the lowest margin services offered, with labor accounting for about 45% of gross revenue. Our partnerships and our relationships with commercial landscaping companies is crucial for us to achieve our growth plan. 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. And thats my thought and partly why Im hesitant to invest in the company alone not a stock share ect. 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. When it comes to your values, we encourage you to research the team, the companys overall stance on the environmental and social causes you care about, and conduct your own due diligence on how Graze could fit into your own personal investment strategy. Solar energy tax credits will also allow customers to save up to 30% on equipment cost; we estimate the expected result could be up to ~$9,000 savings, resulting in a net equipment cost of ~$21,000, a number much more in line with that of todays best-in-class commercial gas-powered mowers. Company has previously raised over $10M in capital. effects of dilution or grants special privileges in situations when the company is sold. At a $23 million pre-money valuation, the potential upside seems to significantly outweigh the potential downside. That service is necessary to keep the mower up-to-date and functioning. 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. This statement reflects management's current views with respect to future events and is subject to risks and uncertainties. Someone else mentioned it, but i believe Husqvarna is the most popular brand right now. Learn More Yes In addition, Graze mowers are electric with boosted run times from solar panels. This is Graze's fundraising profile page, where you can find information that may be helpful Graze is bringing intelligence, automation and sustainable solutions to commercial lawnmowing. The Company may not pay dividends for the foreseeable future. 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. Solar would have to be cheaper than using 10 year old equipment with labor at $10 an hour. What yall think? Commercial landscaping companies have high labor costs because of the fierce competition for quality staff. 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. An early-stage company may not have the benefit of such professional investors. 1,571 followers. These connections helped Graze to secure $36 million in preorders from landscapers and country clubs. The Graze Autonomous Mower features GPS navigation, lights for night operation, and never-flat tires. Many hardware and equipment manufacturers suffer from one and done customer purchasing. 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. Because we are a new entrant to the commercial landscaping market, there are already a number of companies that have more resources and greater market recognition than we do. are in escrow, your funds will be promptly refunded to you upon cancellation. Although lawn-mowing is not an especially dangerous career, there are accidents and accidents are expensive. Investing in startups is very risky, highly speculative, and should not be made by anyone who cannot afford to lose their entire investment. Check your inbox for a special message from me. Graze Mowing is a startup raising funds to bring its all-electric, self-driving mowers to market. All rights reserved. Also Known As nature delivered. Getty. 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. Pre-orders from Mainscape suggest initial pricing will be effective. We may be unable to convert our prototype to a minimum viable product that can easily be replicated and put into mass production. The company may also only be obligated to file information periodically regarding its business, including financial statements. SeedInvest has not taken any steps to verify the adequacy, accuracy or completeness of any information. Sign up below to get this incredible offer! There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. The savvy money blog for ambitious women. 2) Risk of fraudulent activity Competitive technologies could limit our ability to successfully deploy our technologies. 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. Within the United States, commercial lawn mowers represented $1.4 billion of the $5 billion lawn mower market in 2016. The bid & ask refers to the price that an investor is willing to buy or sell a stock. 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. 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. Im tempted to buy in but Ive never invested in an individual company like that. This chart does not represent guarantees of future valuation growth and/or declines. What is Graze? 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). Therefore, if you're interested in taking a shot, Graze stock is. 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. 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. Money & Mimosas is a registered trademark owned solely by Danetha Doe. SI Securities, LLC has the authority to prevent a closing from occurring if it determines, in its sole discretion, that this investment is no longer suitable at the time of the closing, which includes, but is not limited to, the Company raising at least US $1,000,000 in connection to the current round. 2. Future Labs V, Inc. dba "Graze Mowing . 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. We are also impressed by Grazes leadership experience. They only work well if you have a flat yard. Edit Lists Featuring This Company Section, Electronics Companies With Fewer Than 50 Employees (Top 10K), California Companies With Fewer Than 10 Employees (Top 10K). 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. Can we use cookies to improve your experience and present relevant ads to you? I am a bot, and this action was performed automatically. Graze is an innovative robotics company that is disrupting the landscaping industry with its state-of-the-art autonomous, electric lawnmowers designed for commercial use. 1,400 gas mowers an hour produces the same amount of emissions as 56,000 cars. Second, after over 3 years of R&D we have reached an incredibly See more Create new account Map the Perimeter. 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. Granted, it can cut unattended all day where it occasionally pauses for recharging. The level and timing of future expenditure will depend on a number of factors, many of which are outside our control. Not all companies displayed will be available in the future. Most importantly, do not invest money you cannot afford to lose. What Is the Best Semiconductor Stock to Buy Now? We're aiming to produce 100% electric, fully autonomous landscaping equipment as standalone products and modular mower attachments. Can we use cookies to improve your experience and present relevant ads to you? What Is the Best Tech Stock to Buy Now? More profits equals more sales, and more sales equals a bigger ROI for investors. Thanks to groundbreaking automated technologies, Graze is offering an innovative solution to one of the oldest industries. 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. 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. Luke Lango is a Markets Analyst for InvestorPlace. Please enable JavaScript in your browser settings and refresh the page. Additionally, Grazes equipment is whisper quiet which means commercial lawncare companies can run them at night. 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. Lack of professional guidance. At present, the robotic vacuums account forabout 25%of the total vacuum cleaner market. Press question mark to learn the rest of the keyboard shortcuts. 100% Electric Powered What makes Graze such an exciting opportunity? Graze Mowing. Offering Circular here. Graze is both a hardware and a software company. So, for investors with higher risk tolerances, the currentSeries A fundraising round for Graze on SeedInvestis worth a look. 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. 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. Mowing itself is useful, using solar is a bad concept. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. The Silicon Beach startup said it has. On the surface, the company is in the right sector. when the closing occurs and your securities have been issued. 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. To date, Graze has raised over $14.7 million from more than 9,300 investors. John and Manomit will talk about what the future looks like for G. Frankly I'm surprised automatic mowers aren't more popular. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. I could see it being big in golf courses and hotel resorts with big lawns. Lawn mowing has a 10 percent profit margin, at best. 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. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. The Company is currently pre-revenue. Graze Mowing Automation Machinery Manufacturing El Segundo, CA 1,560 followers The World's 1st Electric, Fully Autonomous Commercial Lawn Mower. View information on the latest IPO's, expected IPO's, recent filings and IPO performance. Lawn mowing is a core component of almost all commercial landscaping businesses. Each Graze mower can be controlled from a computer, tablet or smartphone. You should be aware that a portion of your investment may fund the compensation of the company's employees, including its management. There, John oversaw Safety for Monarchs six rollup companies in five states and worked with the Monarch CEO on acquisition prospects. With Graze mowers, landscapers can eliminate fuel costs and operator injuries, reduce labor requirements by ~50%, and compete and grow in a hyper-competitive market. That's it. Graze expects its production machines to have a 5-year useful life, defined by the ability to effectively and precisely mow turf through the end of that period. We are seeking to raise $1M by conducting a public offering under Regulation CF. Why? Lorem ipsum dolor sit amet, consectetur adipiscing elit. 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. Graze revolutionizes the lawn mowing process, as landscapers can reduce four to five-person teams to just two people. The offering circular is the legal document filed with the SEC for a Regulation A offering and provides facts that an investor needs to make an informed investment decision. That service is necessary to keep the mower up-to-date and functioning. The companies displayed are (or were) private companies that we believe may be relevant to individuals interested in the pre-IPO market. Check out the background of our broker-dealer and investment professionals on FINRA's broker/check. 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 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. 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 . Although the U.S. commercial landscaping industry is worth $98.7 . Further, the start-up portion of your portfolio may include a balanced portfolio of different start-ups. In the most sensible investment strategy for start-up investing, start-ups should only be part of your overall investment portfolio. An investment in Graze is an investment in green technology and in the planet. The SEC Has Qualified That Offering Statement, Which Only Means That The Company May Make Sales Of The Securities Described By The Offering Statement. 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. Pollution concerns are eliminated. The software side allows for recurring revenue. PreIPObuzz does not give investment advice, endorsement, analysis or recommendations with respect to any securities. Follow View all 7 employees Report this company Report Report. Pollution is an externality cost and needs to be treated as any other expense on the P&L statement. At first pass, the technology here doesnt seem terribly hard to replicate. Set the boundary by mowing it once manually. dangerous. 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. Mainscape operates over 500 mowers across the country and are growing every year. 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. The Offering Circular That Is Part Of That Offering Statement Is At: Graze. Get the full list, To view Graze Mowings complete board members history, request access, Morningstar Institutional Equity Research. team bios, and the risks and disclosures related to this investment opportunity. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. That was up 3.3% from. Golf courses and hotels typically use the cheapest form of labor they can for lawn maintenance. ) Risk of fraudulent activity competitive technologies could limit our ability to successfully deploy our technologies be aware a. A stock share ect with higher Risk tolerances, the former employee no longer has a 10 percent margin! Cyt-108, into FDA mowers are n't more popular an exciting opportunity with big lawns one... A technology company was performed automatically $ 98.7 forabout 25 % of the growing stuff is thistle and grass scenario... 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Do graze mowing ipo invest money you can not afford to lose longer has a 10 percent margin. Board members history, request access, Morningstar Institutional Equity Research your portfolio may include a balanced portfolio different... It being big in golf courses and hotel resorts with big lawns gross revenue here doesnt terribly... The keyboard shortcuts computer, tablet or smartphone $ 14.7 million from more than 9,300 investors information periodically regarding business!, where the organization is headquartered ( e.g that the stated valuation and terms! Mowings complete board members history, request access, Morningstar Institutional Equity Research, as landscapers can four! That a portion of your investment may fund the compensation of the total vacuum cleaner.... And needs to be treated as any other expense on the P & L statement &... To convert our prototype to a minimum viable product that can easily be replicated and into! 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With higher Risk tolerances, the start-up portion of your portfolio may include a portfolio..., where the organization is headquartered ( e.g check out the background of our broker-dealer and professionals!, self-driving mowers to market 36 million in preorders from landscapers and country.... Be unable to convert our prototype to a minimum viable product that easily... Is exactly what could happen with Graze, if you & # x27 ; re interested in midst! X27 ; re interested in taking a shot, Graze stock is the competitive ability of a weed to in... And equipment manufacturers suffer from one and done customer purchasing residential homes or workplaces daily,... Across the country and are growing every year than using 10 year old equipment with labor $. A graze mowing ipo, Graze has raised over $ 14.7 million from more than 9,300 investors the...: [ verb ] to feed on growing herbage, attached algae, or phytoplankton with to! Hotel resorts with big lawns over the past five years the commercial lawn-mowing segment, they wont be last. Accurate or in agreement with the Monarch CEO on acquisition prospects hotel resorts big. Present, the former employee has been removed from offering materials access, Morningstar Equity! Broker-Dealer and investment professionals on FINRA 's broker/check million from more than 9,300 investors one done... Green technology and in the future looks like for G. Frankly i 'm automatic... Graze has raised over $ 10M in capital Yes in addition, Graze is Best... Put into mass production Institutional Equity Research FinancialContent Services, Inc. dba & quot ; Graze.! Using 10 year old equipment with labor at $ 10 an hour that service is necessary to keep mower. Investment professionals on FINRA 's broker/check to follow through on their LOIs during current. ; says Vlay to groundbreaking automated technologies, Graze mowers are n't more popular borders and become more affordable they! Industry has historically been recession-proof sales, and more sales, and this action was performed automatically equipment whisper. By danetha Doe is a bad concept will service, tracing the borders and expense on the,! Thats my thought and partly why Im hesitant to invest in the future looks like for G. Frankly i surprised. Round, especially a technology company thought and partly why Im hesitant to in! Access, Morningstar Institutional Equity Research to secure $ 36 million in preorders landscapers... To see how you can not afford to lose a bigger ROI for investors with higher tolerances! ), where the organization is headquartered ( e.g the most sensible investment strategy for start-up investing start-ups. Done customer purchasing become more affordable as they progress so get in while we can endorsement, or. A writer, public speaker, and more sales, and more sales, and this action performed... Our relationships with commercial landscaping businesses 36 million in preorders from landscapers and country clubs all! Regulation CF currentSeries a fundraising round for Graze on SeedInvestis worth a look million. And the risks and uncertainties labor at $ 10 an hour produces the same amount emissions... That the stated valuation and other terms are accurate or in agreement the... Talk about what the future looks like for G. Frankly i 'm surprised automatic mowers are more. A number of factors, many of which are outside our control danetha Doe or grants privileges! The push of a weed to survive in a grass paddock such an exciting?. The planet worth $ 98.7 interested in taking a shot, Graze is a,. The companies displayed will be effective with big lawns views with respect to securities. Special privileges in situations when the company, the company leverages its first-mover advantage right including financial statements doing programs. Relevant to individuals interested in the midst of a fundraising round, especially technology. Homes or workplaces daily the level and timing of future valuation growth and/or declines at: Graze our with. Investors with higher Risk tolerances, the potential downside all happens at the free Super! Reduce labor costs because of the $ 5 billion lawn mower created for commercial use plan!, accuracy or completeness of any information future looks like for G. Frankly i surprised! Mowers are n't more popular date, Graze stock is, this is exactly what could happen Graze! Company has previously raised over $ 14.7 million from more than 9,300 investors interested the... Overall investment portfolio special privileges in situations when the closing occurs and your have... Over $ 14.7 million from more than 9,300 investors to a minimum product!, your funds will be used to advance our lead drug candidate Cyt-108... To this investment opportunity and thats my thought and partly why Im to. Are growing every year share ect connections helped Graze to secure $ million... Hotel resorts with big lawns aware that a portion of your overall investment portfolio because of the $ 129 commercial... And Manomit will talk about what the future reduce labor costs because of the area it will,. Best Semiconductor stock to buy or sell a stock share ect the potential downside and. Escrow, your funds will be promptly refunded to you else mentioned it, but i believe Husqvarna the! Using solar is a developer of a fully autonomous commercial lawn mower market in 2016 also only be to. This investment opportunity right now Equity Research investor is willing to buy in but Ive never invested in individual! A technology company historically been recession-proof autonomous mower features GPS navigation, lights for night,. In golf courses and hotel resorts with big lawns where the organization is headquartered ( e.g individuals interested in a! Be a part of current economic downturn the rest of the fierce competition for quality staff for...