In addition, Graze mowers are electric with boosted run times from solar panels. The Silicon Beach startup said it has. Graze has developed a technological breakthrough to disrupt the $54 billion U.S. commercial landscaping market. Currently there is no market or liquidity for these securities. It can not be reproduced or used in any manner whatsoever without the written permission of Danetha Doe. It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment. Investing through equity and real estate crowdfunding or asset tokenization requires a high degree of risk tolerance. We project this customer alone could represent $36 million in gross revenue every 5 years. Map the Perimeter. 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. 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. Skip Navigation watchlive Markets. Graze is offering securities through the use of an Offering Statement that has been qualified by the Securities and Exchange Commission under Tier II of Regulation A. SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. 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. list these securities on a national exchange or another secondary market. 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. 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. One gas mower running for one hour emits the same amount of pollution as 40 internal combustion cars. Customer securities and account balances, not held directly by the customer or in escrow, are held by New Direction Trust Company (NDTCO) for the benefit of customers. View the investment terms and details to see how you can be a part of. This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire The current financing round values Graze at $23 million (pre-money). 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. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. Autonomous electric mower system and related methods, Youre viewing 1 of 3 executive team members. Real-time information on initial public offerings (IPO's) by MarketWatch. Understanding the tech stack of your customers, suppliers, and competitors provides insight into their level of investment in security and innovation. 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. CEO John Vlay is an industry insider with 35 years of experience and an exit under his belt. Can we use cookies to improve your experience and present relevant ads to you? Our robust prototype is actively mowing in the field for our 1st customers. I am a bot and sometimes not the smartest so if you feel your comment was removed in error please message the moderators. Neither PreIPO Buzz 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. Mowing itself is useful, using solar is a bad concept. 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. Manage documents & payments digitally on the premier transaction management platform. The razor-thin profit margins are due to the industrys biggest pain points including labor costs, fuel costs, safety-related workers' compensation, and pollution. The land also has a couple of trees, but no small trees. This is not an investment for the faint of heart, and each investor must do their own due diligence. Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. 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 savvy money blog for ambitious women. Finish the Job. "The SEC has qualified this offering" means the SEC has permitted Graze to offer for sale the Grazes innovative design addresses all of these pain points. {{ account.account_type }} Investor Account. The investor effectively loans money to a startup with the expectation that they will receive equity in the company in the future at a discounted price per share when the company raises its next round of financing. What Is the Best Semiconductor Stock to Buy Now? Robotics Advisor, Rob Anderson is currently the Co-Founder and Head of Mechanical Engineering at Miso Robotics. be transferred from the escrow account to Graze in exchange for your securities. Increasing competition will create obstacles to volume and revenue growth, and result in margin pressures. Graze revolutionizes the lawn mowing process, as landscapers can reduce four to five person teams to just two people, decreasing mowing labor costs by up to 50%. The companies displayed are (or were) private companies that we believe may be relevant to individuals interested in the pre-IPO market. These statements reflect managements current views with respect to future events based on information currently available and are subject to risks and uncertainties that could cause the companys actual results to differ materially. All rights reserved. In that sense, while Graze may have lost the LandCare contract, the company is taking all the right steps today to win that contract back with a better product and service and then win multiple more contracts thereafter with a product and platform that are ever improving based on customer feedback. Residential robotic vacuum leaderiRobot(NASDAQ:IRBT) gives us a peek at how Grazes growth trajectory could look over the next few years. 3) This is an open forum but we expect you to conduct yourself like an adult. securities described in the Offering Circular to investors such as you. Labor costs can account for 45% of gross revenue. The company also has the potential to secure contracts with the NFL, the MLB, and top-tier golf courses. 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. Graze also has terms with the city of Glendale and Pasadena. What Is the Best Tech Stock to Buy Now? Get the full list, To view Graze Mowings complete board members history, request access, Morningstar Institutional Equity Research. These connections helped Graze to secure $36 million in preorders from landscapers and country clubs. 1,571 followers. You may only receive limited disclosure. are in escrow, your funds will be promptly refunded to you upon cancellation. Graze Mowing. different from that of common stock. Labor costs in commercial landscaping are. In the big picture, Graze has a huge opportunity ahead of it. trees, people), and collect and apply data to further optimize for precision and efficiency. But, the company has signed and executed three Letters of Intent (LOIs) which help mitigate this pre-revenue risk. Download Graze's Active, Closed, Last funding round type (e.g. It all happens at the free AI Super Summit. If perennial weeds are a problem, consider . liquidation event occurs. All of these would result in dilution to our existing investors, plus they may include additional rights or terms that may be unfavorable to our existing investor base. 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. At the height of gas prices this past year, commercial landscaping companies saw fuel costs skyrocket. Graze is building a fully-autonomous, electric lawnmower for the commercial landscaping industry. Please contact the moderators of this subreddit if you have any questions or concerns. With Graze: 23% mowing labor cost with a 43% profit margin. You should not plan on being able to readily transfer and/or resell your security. Graze is building electric, fully-autonomous lawn mowers for the commercial landscaping industry. The 2 acres of pasture land is flat, but not smooth. Another cost is pollution. The LOI with that company for the purchase of 200 mowers, which could represent $18 million in revenue for Graze. 2. disclosed in Grazes profile and Offering Circular. On top of labor costs are the exorbitant fuel costs. With Graze, landscapers may reduce 4-5 person teams to 2 people, eliminate fuel costs, increase operating margins, and win new business by undercutting competitors, if desired. NDTCO is an unaffiliated limited purpose trust company chartered under the laws of the State of Kansas. Mowing once every two or three years at a minimum height of 8-12 inches will prevent woody growth from taking over an area. News flow 15 minutes ago MT Newswires Prior to Miso, Rob worked at Microsoft and SpaceX. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Also of note, Graze did have an LOI expire with LandCare, another top U.S. commercial landscaping company. Being able to execute on the business plan is often an important factor in whether the business is viable and successful. There are approximately 13 million commercial lawnmowers in the U.S. and annual sales volumes hover around 300,000 units. That service is necessary to keep the mower up-to-date and functioning. The Graze mower is powered by batteries like an electric vehicle and does not rely on petrol-based products that harm the environment. Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . Landscapers Average: 45% Mowing labor costs with less than 10% profit margin. Graze is both a hardware and a software company. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt. May 2019 - Present3 years 10 months. 8mo. Thats unusual for a pre-revenue company in the midst of a fundraising round, especially a technology company. $115B landscape industry plagued by high labor and maintenance costs. Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. A major win for the environment. $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. Hey there, Graze community! Additionally, Grazes equipment is whisper quiet which means commercial lawncare companies can run them at night. 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. Mow the Middle. Safety costs come down to zero. Based on a market-average 16-times profit multiple, that implies a potential future valuation of nearly $1.3 billion versus todays $23 million pre-money valuation. 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. At present, the robotic vacuums account forabout 25%of the total vacuum cleaner market. 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. The $54 billion commercial landscaping industry in the US is a very manual, low-skilled, and low margin sector. 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. 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. Legal Name nature delivered ltd. Company Type For Profit. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. There are multiple studies detailing how lawnmowers are as harmful as gas-powered cars. Additionally, we may not be able to make a transition to mass production, either via in house manufacturing or contract manufacturers. Graze is powered by electric and solar panel technology. independent escrow agent will watch over your investment until it is accepted by Graze. Technology/Autonomous Lawnmower. We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. Much more realistically, it looks like Graze could expand its lawnmower install base to roughly 100,000 units by 2030. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). Valuation and capitalization. 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, the 100% electric lawn mower, is addressing labor shortages and environmental waste issues in the $129 billion commercial landscaping industry. Graze, however, will be the first of its kind in commercial mowing - a fully electric, fully autonomous commercial lawn mower. Graze Mowing's 100% electric-powered, autonomous lawn mower accompanied by Graze CEO John Vlay. 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. On the surface, the company is in the right sector. We have $23M in pre orders via non-binding commercial contracts. Graze is more than a mower, Graze is a land maintenance platform. Keeping weeds the same height of grass will give grass an advantage and . Graze is high-risk, high-reward play on automation in the commercial landscaping market. Theres even room for more lines. 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. Lawn mowing has a 10 percent profit margin, at best. Accelerate capital raises, KYC & fund formation on DealMaker. It has since been updated to reflect more recent developments. 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. Terms and details to see how you can be a part of Rob worked Microsoft! $ 54 billion commercial landscaping market company has signed and executed three Letters of (... City of Glendale and Pasadena removed from Offering materials opportunity ahead of it understand any tax. Grazes equipment is whisper quiet which means commercial lawncare companies can run them at.... Mower, Graze has developed a technological breakthrough to disrupt the $ 54 billion U.S. commercial landscaping industry in. Circular to investors such as you investment until it is advised that you consult tax! Meaningfully positive impact on landscapers economics and carbon footprint the commercial landscaping market liquidation ''! 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