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. Ownership Status Publicly Held Financing Status Formerly VC-backed Primary Industry Map the Perimeter. 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. 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. for you to make an investment decision in their company. 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. Robotics Advisor, Rob Anderson is currently the Co-Founder and Head of Mechanical Engineering at Miso Robotics. The land also has a couple of trees, but no small trees. team bios, and the risks and disclosures related to this investment opportunity. At that point, you 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. 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). 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. It has since been updated to reflect more recent developments. Graze Mowing. 100% Electric Powered Graze, however, will be the first of its kind in commercial mowing - a fully electric, fully autonomous commercial lawn mower. subject our company to liability due to personal safety or property damage issues. Discord IPO. *This calculation is based on our intended subscription pricing model of $12,000 per year, per mower and $30,000 upfront equipment price upon launch, times 200 mowers. Check out the background of our broker-dealer and investment professionals on FINRA's broker/check. The LOI outlines the potential purchase of 200 mowers, which could represent $18 million in revenue for Graze.*. Mow the Middle. An early-stage investment is also an investment in the entrepreneur or management of the company. 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. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt. Sign up below to get this incredible offer! 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. At some point Graze may 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. As of this writing, he did not hold a position in any of the aforementioned securities. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained both here and below. 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. That service is necessary to keep the mower up-to-date and functioning. Graze accepts your investment, and certain regulatory procedures are completed, your money will trees, people), and collect and apply data to further optimize for precision and efficiency. This is Graze's fundraising profile page, where you can find information that may be helpful Equity crowdfunding investments in private placements, and start-up investments in particular, are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups. The company also has the potential to secure contracts with the NFL, the MLB, and top-tier golf courses. 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. 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. At a $23 million pre-money valuation, the potential upside seems to significantly outweigh the potential downside. Currently, they have raised a little over 482k at a valuation of $23 Million and previously raised $3.7 Million in The result is lower fuel costs, reduced carbon emissions, increased efficiencies, and improved safety measures. 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. As the demand for mowing services increases, so too will the demand from those service providers for mowing equipment. Graze Mowing. what they are in traditional agriculture. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. 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. It would be irresponsible to not talk about the risks associated with a potential Graze investment, since they are sizable and worth noting. 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. We rely on a small management team to execute our business plan. As we say at Money & Mimosas, cash is king, but cash flow is queen. 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? With that stated, there are many potential upsides and huge growth potential. Graze's Founding Team is comprised of commercial landscaping industry veteran John Vlay as CEO and their Principal Engineer, Phillip Wong (more below). 1,571 followers. 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. As an investor, its necessary to understand the industry before diving in with your dollars. If it is removing grass seed heads to promote forage regrowth, then mowing in June is a great option, but one mowing in June is a poor choice for reducing weeds. The SEC is not judging the merits, accuracy, In a decade, a quarter of commercial lawnmowers across the U.S. could be robotic lawnmowers, and Graze could own half of that market. What makes Graze such an exciting opportunity? We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. Phillip is leading the engineering team, which is currently focusing on localization, perception, and motion planning for their commercial-grade autonomous lawn mower. Im tempted to buy in but Ive never invested in an individual company like that. Although the U.S. commercial landscaping industry is worth $98.7 . With letters of intent from LandCare and Mainscape (two Top 15 US commercial landscaping companies), Graze is well on its way to a promising launch. That service is necessary to keep the mower up-to-date and functioning. Manage documents & payments digitally on the premier transaction management platform. Many people think . Our 3 Top Picks. 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 The minimum investment is $1,001.40. The level and timing of future expenditure will depend on a number of factors, many of which are outside our control. different from that of common stock. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. How High Can the Supreme Court Take SOFI Stock? Safety-related workers compensation is also costly. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. You may only receive limited disclosure. These risks include: 1) Greater chance of failure The biggest roadblock we see is sales contract fulfillment. The company may also only be obligated to file information periodically regarding its business, including financial statements. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. Learn More Yes In case youre not familiar with the commercial lawn care industry, here are some quick insights to get you acquainted. Gotta find the company thats going to take the risks. If you have already funded your investment and your funds All rights reserved. On top of labor costs are the exorbitant fuel costs. 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. Govt building lawns and sports fields still using grass. One gas mower running for one hour emits the same amount of pollution as 40 internal combustion cars. Over the past five years the commercial lawn mower market has experienced steady growth and that trajectory is expected to continue. Money & Mimosas is a registered trademark owned solely by Danetha Doe. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Second, after over 3 years of R&D we have reached an incredibly See more Create new account I considered getting it, but I decided to hire a gardener since I had more than just the lawn to take care of. For example, preferred equity may include rights that prevent or minimize the Join Graze CEO John Vlay and Sr. Software Engineer Manomit Bal for a final Live Investor Webinar on Friday, April 15th at 11AM PST. Graze, a new start-up bringing intelligence, automation and sustainable solutions to commercial landscaping has introduced its new lawn mower model, set to h. You should be aware that a portion of your investment may fund the compensation of the company's employees, including its management. More bullish projections suggest, due in large part to factors mentioned below, the domestic commercial lawn mower market could surpass $4 billion by 2024. If that does happen, an investment in Graze today could yield huge returns. On one side, they sell the robotic lawnmower for $30,000 per mower. There are approximately 13 million commercial lawnmowers in the U.S. and annual sales volumes hover around 300,000 units. While we plan to eventually do all production in house, initially we will be leveraging contract manufacturers as we build up scale. The $54 billion commercial landscaping industry in the US is a very manual, low-skilled, and low margin sector. 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 has less than 1000 investors now and little over 1mil in investments. Check your inbox for a special message from me. 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. Keeping weeds the same height of grass will give grass an advantage and . 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. Lawn mowing has a 10 percent profit margin, at best. 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. Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. Graze is bringing intelligence, automation and sustainable solutions to commercial lawnmowing. What Is the Best Semiconductor Stock to Buy Now? liquidation event occurs. Many of our competitors have more resources and greater market recognition than we do.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. 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. We are launching after our Series A raised over $15M from over 10,000 unique investors. Currently there is no market or liquidity for these securities. 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. Company has previously raised over $10M in capital. This profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. I think this will be like you said big business. 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. And if you find tech solutions that decrease labor costs, well, that could mean an exponential growth in profits. Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. will be a proud owner in Graze. Grazes innovative design addresses all of these pain points. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. Also Known As nature delivered. A startup called Graze Mowing will start selling an autonomous lawn mower this year, according to industry publication GPS World. Follow View all 7 employees Report this company Report Report. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Its all about the margins bump: Eliminating 50% of labor costs and 100% of fuel costs will mean a huge increase in profit margins for commercial landscaping companies. 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. Solar and batteries are expensive. 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. Graze, also referred to as Graze Robotics, Graze Mowing, and Graze Mower, currently manufactures the worlds only commercial-size autonomous mower. Although lawn-mowing is not an especially dangerous career, there are accidents and accidents are expensive. With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . Hey there, Graze community! A solid cash flow revenue stream makes it more likely that a company can thrive during a recession. Graze Mowing is rolling out a new electric, autonomous commercial lawn mower that will enable not only hands-free groundskeeping, but groundskeeper-free. 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. Will give grass an advantage and height of grass will give grass an and... 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