Nasdaq 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. More bullish projections suggest, due in large part to factors mentioned below, the domestic commercial lawn mower market could surpass $4 billion by 2024. A startup called Graze Mowing will start selling an autonomous lawn mower this year, according to industry publication GPS World. 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. All rights reserved. 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. Graze is a company thats building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. Government contracts are usually a very reliable source of revenue. 2) Risk of fraudulent activity Graze is building a fully-autonomous, electric lawnmower for the commercial landscaping industry. Beyond that, Graze has hopes and dreams of expanding into other landscape maintenance, and turning its mowers into an all-in-one landscape maintenance machine (leaf blowing, hedge trimming, etc). Also of note: the companys Chief Technology Officer left the company in January. In that robotic market, iRobot owns about 50% share. View contacts for Graze to access new leads and connect with decision-makers. Real-time information on initial public offerings (IPO's) by MarketWatch. Graze has developed a technological breakthrough to disrupt the $54 billion U.S. commercial landscaping market. 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 . Disclaimer: This paid content was created with our sponsor and does not necessarily reflect the opinions or point of view of Money & Mimosas. when the closing occurs and your securities have been issued. 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. Graze is a startup on Startengine.com that makes fully autonomous electric mowers. 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. Many hardware and equipment manufacturers suffer from one and done customer purchasing. Violations will result in a minimum 30 and likely 60 day ban upon first instance. 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. The SEC is not judging the merits, accuracy, To learn more about startup investment types check out How to Choose a Startup Investment in our academy. 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. 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 has signed a Letter of Intent with Mainscape, ranked number 14 commercial landscaping company in the US. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. Also Known As nature delivered. 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. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. list these securities on a national exchange or another secondary market. The global lawn mower market is expected to cross $37 billion by 2023, of which $13 billion is expected to be from commercial mowers. 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. This is not the case in landscaping. Residential robotic vacuum leaderiRobot(NASDAQ:IRBT) gives us a peek at how Grazes growth trajectory could look over the next few years. As such, it is difficult to determine how we will perform, as our core product has yet to come to market. Right now Graze does not plan to Firstly, the Graze business model is innovative. Solar and batteries are expensive. Our company does not yet hold any patents on any products or technology. Labor costs can account for 45% of gross revenue. With that stated, there are many potential upsides and huge growth potential. For example, preferred equity may include rights that prevent or minimize the The SEC Has Qualified That Offering Statement, Which Only Means That The Company May Make Sales Of The Securities Described By The Offering Statement. 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. Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. Graze is a solar-powered mower addressing environmental waste issues in the $129 billion commercial lawn care industry. 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. Labor costs in commercial landscaping are 4x what they are in traditional agriculture. As of this writing, he did not hold a position in any of the aforementioned securities. graze: [verb] to feed on growing herbage, attached algae, or phytoplankton. And become more affordable as they progress so get in while we can. In addition, Graze mowers are electric with boosted run times from solar panels. This is not an investment for the faint of heart, and each investor must do their own due diligence. That was up 3.3% from. According to data from market research firm,Stratistics Market Research Consulting,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. The cutting deck is removable for easy access as well. 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. PreIPO Buzz is not a registered broker-dealer. effects of dilution or grants special privileges in situations when the company is sold. Mowing along roadsides should occur in late summer (August 1-31) to allow most nesting birds and small mammals to successfully rear their young. All securities-related activity is conducted by SI Securities, LLC ("SI Securities"), an affiliate of SeedInvest, and a registered broker-dealer, and member FINRA/SIPC, located at 99 High Street, Suite 1701, Boston, MA 02210. Technology/Autonomous Lawnmower. Graze eliminates 50% or more of the labor costs and 75% of the fuel costs. 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. John and Manomit will talk about what the future looks like for G. Sounds like a bust in the making. News flow 15 minutes ago MT Newswires Graze is a company that develops an electric, autonomous lawnmower for commercial landscaping. Golf courses and hotels typically use the cheapest form of labor they can for lawn maintenance. You will receive an email or completeness of the offering and information in the Offering Circular. Last Funding Type Non-equity Assistance. What is Graze? Founded Date 2008. 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. Safety costs come down to zero. Because of this, we may face issues developing a product and technology that can compete with other players in the market. Finish the Job. That service is necessary to keep the mower up-to-date and functioning. Preferred equity is usually issued to outside investors and carries rights and conditions that are Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit. Just one gas mower running for an hour emits the same amount . 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. gif. What Is the Best Tech Stock to Buy Now? Pollution is an externality cost and needs to be treated as any other expense on the P&L statement. The level and timing of future expenditure will depend on a number of factors, many of which are outside our control. Electric, fully autonomous commercial lawn mower. Robinhood Markets Inc . Being able to execute on the business plan is often an important factor in whether the business is viable and successful. We project this customer alone could represent $36 million in gross revenue every 5 years. Husqvarna has one already and if iRobot doesn't they certainly could. Moreover, no person nor any other person or entity assumes responsibility for the accuracy and completeness of forward-looking statements, and is under no duty to update any such statements to conform them to actual results. Graze Mowing. Govt building lawns and sports fields still using grass. The 2 acres of pasture land is flat, but not smooth. There are approximately 13 million commercial lawnmowers in the U.S. and annual sales volumes hover around 300,000 units. 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. Mow the Middle. 3) Lack of liquidity "They sort of behave like a Roomba robot - they walk around the site and eat and cover it all pretty effectively," he said. Rivian shares are down 82.9% in 2022 through Dec. 27. 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. 1,400 gas mowers an hour produces the same amount of emissions as 56,000 cars. All rights reserved. Accelerate capital raises, KYC & fund formation on DealMaker. Mystic Holding Inc. (OTCQX: MSTH) Cannabis/Cultivation, Production, Retail. With fuel and labor costs removed from mowing services via the introduction of its electric, autonomous mower, Graze offers its customers an immediate and substantial boost in profits. With Graze: 23% mowing labor cost with a 43% profit margin. And now, you have the opportunity to invest in this rising startup through Grazes equity crowdfunding raise. 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. Cheers! But the best view of the sky will be out in the fairway, where the players are hitting their balls. In addition to these risks, you should carefully consider the specific information and risks Granted, it can cut unattended all day where it occasionally pauses for recharging. 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. 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 the Best Semiconductor Stock to Buy Now? John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. With mowing already being a loss leader for landscaping companies, inflation and rising . This couldsubject our company to liability due to personal safety or property damage issues. Because agriculture spends a large chunk of its money on manual labor. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. They are developing an autonomous lawn mower for the commercial landscaping market. Estimates are tough to find, but there are about13 million commercial lawnmowersin the U.S. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. 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. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. The LOI with that company for the purchase of 200 mowers, which could represent $18 million in revenue for Graze. Our technology is not yet fully developed, and there is no guarantee that we will be able to develop and produce a fully working prototype of our core product. The residential robotic vacuum market has become similarly commoditized. Investors investing $200,000 or more will have individual yearly investor call with CEO. The Offering Circular That Is Part Of That Offering Statement Is At: Graze. Mowing itself is useful, using solar is a bad concept. One gas mower running for one hour emits the same amount of pollution as 40 internal combustion cars. 1125 N. Charles St, Baltimore, MD 21201. Not golf courses. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. Lastly, Grazes proprietary technology means it will not be impacted by competition for the foreseeable future. $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. To cancel your investment, please go to your portfolio page by clicking your profile icon in the top right corner. Graze is more than a mower, Graze is a land maintenance platform. choose to do so, but until then you should plan to hold your investment for a significant period of time before a Developing our prototype to . Graze Inc is formed to sell commercial robotic lawnmowers. Simply look at iRobot for proof of this. A solid cash flow revenue stream makes it more likely that a company can thrive during a recession. I am a bot, and this action was performed automatically. Graze accepts your investment, and certain regulatory procedures are completed, your money will 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. Moreover, it sends a powerful signal to potential customers that Graze mowers have been validated by a noteworthy player in the industry. But, is buying Graze stock worth the risk? Your shares are not easily transferable. 2. Graze Mowing: Technology/Autonomous Lawnmower: Mystic Holding Inc. (OTCQX: MSTH) Cannabis/Cultivation, Production, Retail: Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . Lawn-mowing and other lawn-care services are up over 20% year over year. 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. 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. Some potential benefits of mowing include: weed management, enhancing forage quality and reducing grazing patterns. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. We are seeking to raise $1M by conducting a public offering under Regulation CF. Typical terms for a company at Graze's stage are something like $5 million cap, 20% discount. 3) This is an open forum but we expect you to conduct yourself like an adult. Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. Luke Lango is a Markets Analyst for InvestorPlace. 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. Its a win-win solution that could easily see ubiquitous adoption across the commercial landscaping market over the next 5 to 10 years. This includes beginner questions and portfolio help. Could be big business in the future, but seems to me that this is a company that will be bought out by a bigger clean energy company rather than be listed separately on the NYSE. Not all companies displayed will be available in the future. Says its 5.99 a share and a 997.60 minimum. The Company is currently pre-revenue. Although the U.S. commercial landscaping industry is worth $98.7 . Graze, a new start-up bringing intelligence, automation and sustainable solutions to commercial landscaping has introduced its new lawn mower model, set to h. 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. This is Graze's fundraising profile page, where you can find information that may be helpful Over the past five years the commercial lawn mower market has experienced steady growth and that trajectory is expected to continue. The Graze mower aims to be powered by a robust sensor suite (i.e., RADAR, LIDAR, GPS, ultrasonic sensors, odometry sensors, and an optical suite) that will enable it to safely and precisely self-navigate in and around commercial job sites. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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. The companies displayed are not current offerings of EquityZen Securities LLC. trees, people), and collect and apply data to further optimize for precision and efficiency. We rely on a small management team to execute our business plan. Learn more. Lawn mowing is a core component of almost all commercial landscaping businesses. Also of note, Graze did have an LOI expire with LandCare, another top U.S. commercial landscaping company. Graze is both a hardware and a software company. Fuel costs come down to zero. How High Can the Supreme Court Take SOFI Stock? 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. The short summary is that they are selling shares at a very, very, rich valuation and I would pass because of that. Our future revenue plans rely on two non-binding letters of intent. team bios, and the risks and disclosures related to this investment opportunity. Each Graze mower can be controlled from a computer, tablet or smartphone. different from that of common stock. "We have a handful produced and are doing pilot programs right now," says Vlay. We have $23M in pre orders via non-binding commercial contracts. The Offering Circular includes important details about Graze's fundraise that you should review In light of the relative ease with which early-stage companies can raise funds, it may be the case that certain opportunities turn out to be money-losing fraudulent schemes. The electric lawn mower is designed to increase efficiency and maintenance speed for mid- to large-sized commercial lawns, enhance cutting blades to perfect trim precision, add new sensor capabilities to increase safety, and improve GPS-based mapping and computer vision while optimizing intelligent and applicable insights through advanced Operating Status Active. Download Graze's Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. Solar would have to be cheaper than using 10 year old equipment with labor at $10 an hour. The majority of the growing stuff is thistle and grass. Our partnerships and our relationships with commercial landscaping companies is crucial for us to achieve our growth plan. Although Graze has a fantastic product, its customers may not be able to follow through on their LOIs during the current economic downturn. 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. Second, after over 3 years of R&D we have reached an incredibly See more Create new account I posted this a few weeks ago: https://www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/. 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. The lost contract from LandCare is also of concern. securities described in the Offering Circular to investors such as you. 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 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. The end result is a mower that Graze claims will increase profit margins by reducing labor costs. Graze, however, will be the first of its kind in commercial mowing - a fully electric, fully autonomous commercial lawn mower. Your submission was automatically removed because it contains a keyword not suitable for r/investing. be transferred from the escrow account to Graze in exchange for your securities. Mowing pastures is a great means of controlling weeds. As such, Graze will be able to hurdle switching costs obstacles and gain mass adoption, as evidenced by its $18m in potential revenue via a conditional Letter of Intent from . All rights reserved. Graze believes the introduction of an electric, self-driving mower to the market will be highly disruptive. As CEO, John Vlay brings a great deal of experience in this space, and without him, we would struggle to build relationships with commercial landscaping companies. 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. 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. Robotics Advisor, Rob Anderson is currently the Co-Founder and Head of Mechanical Engineering at Miso Robotics. That service is necessary to keep the mower up-to-date and functioning. You should not plan on being able to readily transfer and/or resell your security. Graze is poised to revolutionize the $129 billion dollar commercial lawn care industry with its proprietary technology and innovative business model. Public Heliogen $1.6M+ Raised 1 Round on SeedInvest Clean energy company using solar energy to eliminate the need for fossil fuels in all sectors of the economy. 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. 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). Keeping weeds the same height of grass will give grass an advantage and . Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. Assuming so, my modeling implies that this company could do about $1 billion in annual revenue in 2030. Because of this, we may face issues developing a product and technology that can compete with other players in the market. 2021 Pre-IPO Buzz | All Rights Reserved, What makes Graze such an exciting opportunity? Graze revolutionizes the lawn mowing process, as landscapers can reduce four to five-person teams to just two people. It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment. Didn't/wouldn't. Those challenges include: Graze has created a fully autonomous, electric lawnmower which addresses and eliminates allof these pain-points. When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an With a 5-year useful life, each Graze mower should generate $90,000 in gross receipts for the Company ($30,000 upfront plus $1,000 * 60 months). Today we are thrilled to share two amazing developments. 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. Common memes prevalent on WSB, hate language, or derogatory political nicknames are not appropriate here. Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.comSANTA MONICA, Calif., Feb . Annual sales volumes hover around300,000 units. As with other investments, there is no guarantee that investments will be immune from fraud. Grazes innovative design addresses all of these pain points. The Company's former Chief Technology Officer departed as of January 15, 2020. Our success is based on our ability to raise capital in order to achieve a minimum viable product and move into production. Lack of professional guidance. Graze is both a hardware and a software company. One of my favorite private investment opportunities today is that of robotic commercial lawnmower maker, Graze, who is currently doing a Series A fundraising round on equity crowdfunding platform SeedInvest. My modeling suggests this could be a billion dollar company one day. An early-stage investment is also an investment in the entrepreneur or management of the company. Despite what individual companies may promise, theres always the chance of losing a portion, or the entirety, of your investment. subject our company to liability due to personal safety or property damage issues. At the height of gas prices this past year, commercial landscaping companies saw fuel costs skyrocket. Go edge, weed, blow, or team up on mowing while your robotic worker finishes the job. An early-stage company may not have the benefit of such professional investors. We may be unable to convert our prototype to a minimum viable product that can easily be replicated and put into mass production. Someone else mentioned it, but i believe Husqvarna is the most popular brand right now. I am a bot and sometimes not the smartest so if you feel your comment was removed in error please message the moderators. Theres even room for more lines. 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. As we say at Money & Mimosas, cash is king, but cash flow is queen. Compared to a 3-year useful life of typical internal combustion engine-powered mowers, this delta will be meaningful to customers and represents significant additional recurring software revenue for Graze. Graze Inc. Pfd. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. They only work well if you have a flat yard. Lawnmowers are major contributors to pollution and global warming.