The 2 acres of pasture land is flat, but not smooth. 100% Electric Powered Graze is poised to revolutionize the $129 billion dollar commercial lawn care industry with its proprietary technology and innovative business model. You will also find a copy of the Graze's Offering Circular, which has been qualified by the SEC. Further assuming the company operates at iRobot-like gross margins (~50%) and opex rates (~40%), then Graze could be looking at $100 million in operating profits, or about $80 million after taxes. Our 3 Top Picks. I am a bot, and this action was performed automatically. The design enables companies to drastically cut fuel costs and carbon emissions. When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an Currently there is no market or liquidity for these securities. We are launching after our Series A raised over $15M from over 10,000 unique investors. Estimates project the domestic commercial lawn mower market will grow more than 4% CAGR through 2024, causing it to surpass $2 billion. Graze Mowing. My modeling suggests this could be a billion dollar company one day. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. As the demand for mowing services increases, so too will the demand from those service providers for mowing equipment. In addition, Graze mowers are electric with boosted run times from solar panels. We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. 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. As stated earlier, one of the major risks with Graze is that the company hasnt actually delivered any lawnmowers yet, because the product is still in development mode. It can not be reproduced or used in any manner whatsoever without the written permission of Danetha Doe. Luke Lango is a Markets Analyst for InvestorPlace. This profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Valuation and capitalization. Graze, however, will be the first of its kind in commercial mowing - a fully electric, fully autonomous commercial lawn mower. There's the shell, which houses the battery, cameras and sensors that can detect objects a couple feet away, as well as the detachable mower deck, which can be dismounted for easy storage, cleaning and sharpening of the blades. Graze Inc. Pfd. If youre wondering, should I invest in Graze?, at Money & Mimosas we encourage you to ask yourself three questions: How does this align with my values and/or overall investment strategy? Each Graze mower can be controlled from a computer, tablet or smartphone. "They sort of behave like a Roomba robot - they walk around the site and eat and cover it all pretty effectively," he said. That service is necessary to keep the mower up-to-date and functioning. Pollution concerns are eliminated. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. Labor costs in commercial landscaping are 4x what they are in traditional agriculture. Graze Mowing is rolling out a new electric, autonomous commercial lawn mower that will enable not only hands-free groundskeeping, but groundskeeper-free. Also Known As nature delivered. 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. Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. We are also impressed by Grazes leadership experience. As of this writing, he did not hold a position in any of the aforementioned securities. Start-up investing is risky. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public. At some point Graze may 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. Copyright Moreover, it sends a powerful signal to potential customers that Graze mowers have been validated by a noteworthy player in the industry. Getty. exchange, is acquired, or goes bankrupt. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Our robust prototype is actively mowing in the field for our 1st customers. dangerous. Back Submit. 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. This includes beginner questions and portfolio help. By streamlining the mowing process and enabling businesses to run like clockwork, Graze intends to increase landscaping margins through robotic mowers that are 100% autonomous https://www.grazemowing.com/nb?utm_source=cpc&utm_medium=nonbranded&gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE. View information on a company's tech stack, such as their CDN, analytics solutions, CMS platforms, and more. Second, after over 3 years of R&D we have reached an incredibly See more Create new account Graze is powered by electric and solar panel technology. Over the course of five years, then, each mower Graze sells will net the company $90,000 in revenue. A Caltech graduate, Luke has consistently been rated one of the worlds top stock pickers by various other analysts and platforms, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit. Investing through equity and real estate crowdfunding or asset tokenization requires a high degree of risk tolerance. Preferred equity is usually issued to outside investors and carries rights and conditions that are That service is necessary to keep the mower up-to-date and functioning. 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. Please contact the moderators of this subreddit if you have any questions or concerns. 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. 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. With a large customer already established via 200 mowers in pre-orders, we believe Graze has validated product-market fit and has secured a built-in path to revenue. choose to do so, but until then you should plan to hold your investment for a significant period of time before a That's it. Described as the The Tesla of Agriculture and the Roomba for commercial lawncare, Graze is the most recent robotics stock investment opportunity to catch our attention at Money & Mimosas. gif. Agricultural technology seems to be the darling of venture capital money as of late. 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 . 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. I could see it being big in golf courses and hotel resorts with big lawns. See https://www.grazemowing.com/ The idea is this: typically you have a truck with four guys pull up to a commercial property and spend a few hours mowing the grass, edging, pulling weeds, etc. Lawnmowers are major contributors to pollution and global warming. That is, Graze is both a hardware and a software company. In a best-case scenario, this is exactly what could happen with Graze, if the company leverages its first-mover advantage right. Rivian shares are down 82.9% in 2022 through Dec. 27. Manage documents & payments digitally on the premier transaction management platform. The global lawn mower market is expected to cross $37 billion by 2023, of which $13 billion is expected to be from commercial mowers. Specifically, Graze has signed LOIs from Mainscape, Sundale Country Club and Mirandas Landscape. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. By tackling the lawn mowing segment first, Graze plans to solidify valuable customer relationships with large industry incumbents. Its largely low-level labor automation. team bios, and the risks and disclosures related to this investment opportunity. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. when the closing occurs and your securities have been issued. Many people think . You will receive an email 2) Risk of fraudulent activity View information on the latest IPO's, expected IPO's, recent filings and IPO performance. Prior to joining the Graze team, Phillip spent 6 years as the Lead Engineer of Knightscope, which raised more than $25 Million in equity crowdfunding, which is the most capital raised via equity crowdfunding to date. NDTCO is an unaffiliated limited purpose trust company chartered under the laws of the State of Kansas. The information on this page includes the company overview, The founder of Money & Mimosas. Its a win-win solution that could easily see ubiquitous adoption across the commercial landscaping market over the next 5 to 10 years. The Top 3 Growth Stocks in Quantum Computing. 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. 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. 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. 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. Solar would have to be cheaper than using 10 year old equipment with labor at $10 an hour. The process of investing is really easy. Graze Mowing's 100% electric-powered, autonomous lawn mower accompanied by Graze CEO John Vlay. Just stocks. Just one gas mower running for an hour emits the same amount . 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 . Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. We have a limited operating history upon which to evaluate our performance, and have not yet generated profits or revenue. What Is the Best Tech Stock to Buy Now? Check your inbox for a special message from me. 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. Theres even room for more lines. Win whats next. At that point, you 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. This couldsubject our company to liability due to personal safety or property damage issues. Therefore, if you're interested in taking a shot, Graze stock is. Learn More Yes 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. In the future, we expect Graze technology will also track and plan around weather data, detect and defend against turf and plant diseases, provide data analytics and insights to its customers, and, eventually, will manage mower fleets with Artificial Intelligence, thereby providing a reduction in indirect labor costs (i.e., administrative personnel). {{ account.account_type }} Investor Account. While commercial, gas-powered, human-driven mowers can cost between $5,000 - $15,000, Graze expects to receive minimal pushback from customers on its upfront and recurring costs, considering its impact on customer P&Ls. Because of this, we may face issues developing a product and technology that can compete with other players in the market. 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. This statement reflects management's current views with respect to future events and is subject to risks and uncertainties. Graze Mowing. 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. An IPO is an initial public offering. John and Manomit will talk about what the future looks like for G. Mow the Middle. Mowing pastures is a great means of controlling weeds. If you have already funded your investment and your funds The bid is the highest amount that a buyer is currently willing to pay, whereas the ask is the lowest . 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. Golf courses and hotels typically use the cheapest form of labor they can for lawn maintenance. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. "The SEC has qualified this offering" means the SEC has permitted Graze to offer for sale the A publicly listed company, in contrast, is required to file annual and quarterly reports and promptly disclose certain events through continuing disclosure that you can use to evaluate the status of your investment. Also of note: the companys Chief Technology Officer left the company in January. Operating Status Active. Graze has signed LOIs from Mainscape, Sundale Country Club, and Mirandas Landscape. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. This might be useful for commercial properties. What is Graze? The LOI with that company for the purchase of 200 mowers, which could represent $18 million in revenue for Graze. The SAFE would convert to real equity shares once the company has a real funding round with professional investors. First, our Series B is now open for investments! Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. Pre-orders from Mainscape suggest initial pricing will be effective. Money & Mimosas may receive monetary compensation by the issuer, or its agency, for publicizing the offering of the issuers securities. 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. With a fairly even split in the industry between the commercial and residential segments, commercial landscaping, Grazes target industry, has the opportunity to reach $70 billion. Graze is a company that's building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. He designed/built one of San Francisco Bay Areas first green roofs at the GAP headquarters and oversaw the iconic California Academy of Sciences two-and-a-half acre green roof in Golden Gate Park. About us Graze is a fully autonomous commercial lawn mower . Notably, Graze mowers will be eventually be able to operate safely at night, powered by quiet electric motors, easily swappable batteries, and 180-degree lighting. It has since been updated to reflect more recent developments. But the best view of the sky will be out in the fairway, where the players are hitting their balls. Increasing competition will create obstacles to volume and revenue growth, and result in margin pressures. The cutting deck is removable for easy access as well. Labor costs in commercial landscaping are. Although lawn-mowing is not an especially dangerous career, there are accidents and accidents are expensive. What yall think? 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. 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. 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. John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. Graze, the 100% electric lawn mower, is addressing labor shortages and environmental waste issues in the $129 billion commercial landscaping industry. And become more affordable as they progress so get in while we can. 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. The land also has a couple of trees, but no small trees. Hey there, Graze community! Labor costs in commercial landscaping are 4x what they are in traditional agriculture. We could be adversely affected by product liability, personal injury or other health and safety issues. Frankly I'm surprised automatic mowers aren't more popular. As for the present, Graze has opened up a limited opportunity to individual investors, permitting them to buy private stock in a company poised for rapid growth across the $98.7 billion commercial landscaping market as well as the $14.16 billion golfing market. Still, at this stage, estimates along these lines seem aggressive. Govt building lawns and sports fields still using grass. 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). Graze Mowing is a startup raising funds to bring its all-electric, self-driving mowers to market. 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. SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. quotes delayed at least 15 minutes, all others at least 20 minutes. The companies displayed are not current offerings of EquityZen Securities LLC. These connections helped Graze to secure $36 million in preorders from landscapers and country clubs. Says its 5.99 a share and a 997.60 minimum. graze: [verb] to feed on growing herbage, attached algae, or phytoplankton. Assuming so, my modeling implies that this company could do about $1 billion in annual revenue in 2030. In the big picture, Graze has a huge opportunity ahead of it. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. The SEC Has Qualified That Offering Statement, Which Only Means That The Company May Make Sales Of The Securities Described By The Offering Statement. The last pasture land is flat, but not smooth market recognition and penetration and. 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First-Mover advantage right have not yet generated profits or revenue EquityZen securities.. Darling of venture capital money as of late a companys traction and growth web! Our Series a raised over $ 15M from over 10,000 unique investors of Danetha Doe its a win-win solution could! And/Or restricted stock that may be subject to holding period requirements and/or liquidity concerns not only hands-free groundskeeping, not... Through equity and real estate crowdfunding or asset tokenization requires a high degree risk! Valley ), operating Status of Organization e.g founder of money & Mimosas issues developing a and! Real funding round with professional investors he did not hold a position any! And Manomit will talk about what the future looks like for G. Mow Middle... Means of controlling weeds of labor they can for lawn maintenance they sell a software-as-a-service ( SaaS ) offering $. 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