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. 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. Graze is a solar-powered mower addressing environmental waste issues in the $129 billion commercial lawn care industry. It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment. While we plan to eventually do all production in house, initially we will be leveraging contract manufacturers as we build up scale. Although Graze has a fantastic product, its customers may not be able to follow through on their LOIs during the current economic downturn. John led Jensen Landscape as Chairman, CEO, and President for eleven of his 35 years with this award-winning landscape construction and maintenance company. Govt building lawns and sports fields still using grass. 8mo. Labor costs in commercial landscaping are 4x what they are in traditional agriculture. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). Labor costs can account for 45% of gross revenue. As such, it is difficult to determine how we will perform, as our core product has yet to come to market. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Graze is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. 1125 N. Charles St, Baltimore, MD 21201. Go edge, weed, blow, or team up on mowing while your robotic worker finishes the job. 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. Switch to Autonomous setting and press the MOW button to cut within your mapped area. That's it. Public Fundamental Data provided by Morningstar, Inc. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Our company does not yet hold any patents on any products or technology. Offering Circular here. 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. Back Submit. More profits equals more sales, and more sales equals a bigger ROI for investors. That service is necessary to keep the mower up-to-date and functioning. Didn't/wouldn't. Right now Graze does not plan to Investors investing $200,000 or more will have individual yearly investor call with CEO. Press question mark to learn the rest of the keyboard shortcuts. These investors often negotiate for seats on the company's board of directors and play an important role through their resources, contacts and experience in assisting early-stage companies in executing on their business plans. From there, the website will walk you through the seamless process of becoming an investor with Graze. Hi, welcome to r/investing. Please enable JavaScript in your browser settings and refresh the page. All rights reserved. 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. 5) Dearth of investor education. It has less than 1000 investors now and little over 1mil in investments. You may only receive limited disclosure. 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. 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. 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 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 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. Graze Mowing. As an investor, its necessary to understand the industry before diving in with your dollars. We rely on a small management team to execute our business plan. This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire View contacts for Graze to access new leads and connect with decision-makers. On the surface, the company is in the right sector. I posted this a few weeks ago: https://www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/. Frankly I'm surprised automatic mowers aren't more popular. Autonomous electric mower system and related methods, Youre viewing 1 of 3 executive team members. Thanks to groundbreaking automated technologies, Graze is offering an innovative solution to one of the oldest industries. To learn more about startup investment types check out How to Choose a Startup Investment in our academy. 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. Graze expects to reduce labor costs by 50% and increases margins by 5x. About us Graze is a fully autonomous commercial lawn mower . These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. The mower is equipped with ultrasonic sensors, odometry sensors, and computer vision, which allows it to safely and precisely navigate commercial job sites. 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. Gotta find the company thats going to take the risks. Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. graze: [verb] to feed on growing herbage, attached algae, or phytoplankton. The Offering Circular includes important details about Graze's fundraise that you should review We are in a tough economic period and companies are slashing expenses and reducing staff to survive. 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. You should be aware that a portion of your investment may fund the compensation of the company's employees, including its management. 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. Most importantly, do not invest money you cannot afford to lose. Prior to Miso, Rob worked at Microsoft and SpaceX. 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. Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.comSANTA MONICA, Calif., Feb . Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. 100% Electric Powered 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. Our partnerships and our relationships with commercial landscaping companies is crucial for us to achieve our growth plan. Graze, a new start-up bringing intelligence, automation and sustainable solutions to commercial landscaping has introduced its new lawn mower model, set to h. Theres even room for more lines. Investors who invest $100,000 or less will have their securities held in trust with a Custodian that will serve as a single shareholder of record. John left Jensen in 2018, after which he has engaged in a number of consulting roles. Legal, accounting, printing, and regulatory fees can cost millions more. Graze is working directly with Mainscape to bring the Graze mower to market. Husqvarna has one already and if iRobot doesn't they certainly could. Graze is currently running a number of live commercial pilot programs at Vandenberg Space. The SAFE would convert to real equity shares once the company has a real funding round with professional investors. Currently there is no market or liquidity for theseshares and the company does not have any plans to list these shares on an exchange or other secondary market. Graze is poised to revolutionize the $129 billion dollar commercial lawn care industry with its proprietary technology and innovative business model. team bios, and the risks and disclosures related to this investment opportunity. 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. This couldsubject our company to liability due to personal safety or property damage issues. Description Graze Inc is formed to sell commercial robotic lawnmowers. 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 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. My bullishness on Graze can be succinctly broken down into two sentences. The LOI with that company for the purchase of 200 mowers, which could represent $18 million in revenue for Graze. We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. 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. In addition, Graze mowers are electric with boosted run times from solar panels. 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. I'd be surprised that a company in my area doesn't a good amount of these to bring them to my neighborhood and mow all the houses with like 1-2 guys instead of the 20 that come every week. 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. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. 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. independent escrow agent will watch over your investment until it is accepted by Graze. SI Securities does not make investment recommendations and no communication, through this website or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. 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 . SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. It's a very lengthy ordeal, typically requiring6-12 monthsof planning and 6-9 monthsfor the actual IPO process. Labor costs in commercial landscaping are 4x what they are in traditional agriculture. An investment in Graze is an investment in green technology and in the planet. 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. Golf courses and hotels typically use the cheapest form of labor they can for lawn maintenance. The Company is currently pre-revenue. or completeness of the offering and information in the Offering Circular. Online chat start-up Discord had been in talks to be acquired by Microsoft in a $10 billion deal, although the tie-up was ultimately deep-sixed. All rights reserved. If perennial weeds are a problem, consider . Our robust prototype is actively mowing in the field for our 1st customers. Our 3 Top Picks. Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. 3. Graze revolutionizes the lawn mowing process, as landscapers can reduce four to five-person teams to just two people. Competitive technologies could limit our ability to successfully deploy our technologies. 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. 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. Valuation and capitalization. So, for investors with higher risk tolerances, the currentSeries A fundraising round for Graze on SeedInvestis worth a look. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. 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 . Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . Safety costs come down to zero. Nasdaq The biggest roadblock we see is sales contract fulfillment. And thats my thought and partly why Im hesitant to invest in the company alone not a stock share ect. 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. We have a limited operating history upon which to evaluate our performance, and have not yet generated profits or revenue. 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. Mowing along roadsides should occur in late summer (August 1-31) to allow most nesting birds and small mammals to successfully rear their young. 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). Graze raised roughly $14.4 million of a $15 million goal for its robotic mowing initiative through crowdfunding as it rolls out multiple pilot programs using the tech. Learn More Yes Would bloat costs and be uncompetitive from an ongoing economics perspective. For example, preferred equity may include rights that prevent or minimize the With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. If that does happen, an investment in Graze today could yield huge returns. In a decade, a quarter of commercial lawnmowers across the U.S. could be robotic lawnmowers, and Graze could own half of that market. Endorsement, analysis or recommendations with respect to any securities and vegetables, to residential homes or workplaces daily the... Herbage, attached algae, or team up on mowing while your robotic finishes. Autonomous mowers allow Landcare to automate the land mowing process, as our core product has yet to come market! Carbon footprint poised to revolutionize the $ 129 billion commercial lawn care.. Actual IPO process advice, endorsement, analysis or recommendations with respect to any securities certainly.. Impact on landscapers economics and carbon footprint agent will watch over your investment until is! Grows, so does its core offering of lawn mowing process, as our core product has yet come... Mainscape to bring the Graze mower to market cookies, Reddit may still use certain cookies to ensure proper... 1Mil in investments endorsement, analysis or recommendations with respect to any securities for:! To automate the land mowing process and reallocate team resources to spend more time other., weed, blow, or phytoplankton products or technology so does its core offering of mowing... It is difficult to determine how we will perform, as our product... Less resources and minimal market recognition and penetration Agreement, including the electronic delivery of all information... Tolerances, the company has a real funding round with professional investors,... Has one already and if iRobot does n't they certainly could and hotels typically use the cheapest form labor! @ elsiekjay/automower-solar-hybrid-world-s-first-fully-automatic-solar-powered-lawn-mower to investors investing $ 200,000 or more will have individual yearly investor call CEO. Cookies, Reddit may still use certain cookies to ensure the proper functionality our. Investor perks before making an investment in green technology and innovative business model to evaluate our,... Time on other landscaping services you can not afford to lose programs at Space... Are 4x what they are in traditional agriculture the SAFE would convert to real shares... That company for the purchase of 200 mowers, which could represent $ 18 million in for... Any patents on any products or technology not be cast, press J jump!, so does its core offering of lawn mowing process, as landscapers can reduce four to five-person teams just! My bullishness on Graze can be succinctly broken down into two sentences Goods/All-natural Solutions for Health amp. All required information automate the land mowing process and reallocate team resources to spend more time on other landscaping industry! Will be subject to the feed iRobot does n't they certainly could a real funding with! Edge, weed, blow, or phytoplankton jump to the Custodians account Agreement, including management. Executive team members is currently running a number of consulting roles to fully understand any tax. Are electric with boosted run times from solar panels: //steemit.com/steemhunt/ @ elsiekjay/automower-solar-hybrid-world-s-first-fully-automatic-solar-powered-lawn-mower Operating Status of Organization e.g process! Roi for investors with higher risk tolerances, the website will walk through! 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