And thats my thought and partly why Im hesitant to invest in the company alone not a stock share ect. Also of note, Graze did have an LOI expire with LandCare, another top U.S. commercial landscaping company. It uses machine learning and computer vision that allows mowers to map job sites, plan and execute mowing paths, avoid obstacles, collect and apply data. With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . Luke Lango is a Markets Analyst for InvestorPlace. Around $60,000 of that will be high-margin, annually recurring software revenue. 3) This is an open forum but we expect you to conduct yourself like an adult. gif. Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. As with any commercial grade lawn mowing equipment, there are significant health and safety issues that could result from our product being used incorrectly in the market. Sounds like a bust in the making. A liquidation event is when Graze either lists their securities on an Possibility of fraud. Despite what individual companies may promise, theres always the chance of losing a portion, or the entirety, of your investment. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. 2) Risk of fraudulent activity The Silicon Beach startup said it has. I am a bot, and this action was performed automatically. Graze has signed LOIs from Mainscape, Sundale Country Club, and Mirandas Landscape. Create an account to follow your favorite communities and start taking part in conversations. 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. 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. Common memes prevalent on WSB, hate language, or derogatory political nicknames are not appropriate here. We may be unable to convert our prototype to a minimum viable product that can easily be replicated and put into mass production. Investors investing $200,000 or more will have individual yearly investor call with CEO. Those platforms almost always use a SAFE with a valuation cap and discount. The process of investing is really easy. Currently, they have raised a little over 482k at a valuation of $23 Million and previously raised $3.7 Million in First, our Series B is now open for investments! Graze revolutionizes the lawn mowing process, as landscapers can reduce four to five-person teams to just two people. 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. 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. 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. A money saver for businesses means a money maker for investors: Graze can provide commercial landscaping companies with as much as a 50% reduction in labor costs. SeedInvest has not taken any steps to verify the adequacy, accuracy or completeness of any information. Meet the team and learn why we're poised to revolutionize t. Offering Circular here. Our future revenue plans rely on two non-binding letters of intent. The design enables companies to drastically cut fuel costs and carbon emissions. Not golf courses. On the hardware side, they sell the robotic lawnmower for $30,000 per mower. An investment in Graze is an investment in green technology and in the planet. It has since been updated to reflect more recent developments. 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). Graze is a company thats building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. Mainscape operates over 500 mowers across the country and are growing every year. This is not an investment for the faint of heart, and each investor must do their own due diligence. Money & Mimosas is a registered trademark owned solely by Danetha Doe. We are also impressed by Grazes leadership experience. Pre-orders from Mainscape suggest initial pricing will be effective. 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. Prior to Miso, Rob worked at Microsoft and SpaceX. Editors note: Graze Is a High-Potential Automation Play for Private Investors was originally published on March 30. In a decade, a quarter of commercial lawnmowers across the U.S. could be robotic lawnmowers, and Graze could own half of that market. 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. 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. "They sort of behave like a Roomba robot - they walk around the site and eat and cover it all pretty effectively," he said. The result is lower fuel costs, reduced carbon emissions, increased efficiencies, and improved safety measures. Mowing along roadsides should occur in late summer (August 1-31) to allow most nesting birds and small mammals to successfully rear their young. The software side allows for recurring revenue. 2) Important: We have strict political posting guidelines (described here and here). If that does happen, an investment in Graze today could yield huge returns. At first pass, the technology here doesnt seem terribly hard to replicate. Download Graze's Grazes innovative design addresses all of these pain points. Safety costs come down to zero. Getty. Investors investing $100,000 or more will benefit from yearly investors call. 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. The cutting deck is removable for easy access as well. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. Thats not great news. Active, Closed, Last funding round type (e.g. Being able to execute on the business plan is often an important factor in whether the business is viable and successful. You may only receive limited disclosure. 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. This profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. This site is operated by SeedInvest Technology, LLC ("SeedInvest"), which is not a registered broker-dealer. Countless nests and young are destroyed if mowing occurs earlier in the year . Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. As with other investments, there is no guarantee that investments will be immune from fraud. An early-stage company may not have the benefit of such professional investors. The savvy money blog for ambitious women. Hey there, Graze community! Labor costs in commercial landscaping are 4x what they are in traditional agriculture. 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. Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.comSANTA MONICA, Calif., Feb . Plans call to release a finished product late this year. High-profile IPOs from 2021, such as Rivian Automotive Inc. (ticker: RIVN ), are trading well below their IPO prices. Public Fundamental Data provided by Morningstar, Inc. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. Agricultural technology seems to be the darling of venture capital money as of late. 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. Frankly I'm surprised automatic mowers aren't more popular. You head over to the Graze stock page and enter your email information into the invitation box. Govt building lawns and sports fields still using grass. Graze Mowing. Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . Right now Graze does not plan to 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). Other companies in the space have more resources than we currently do, and may not need to rely on outside investment in order to compete with us. Graze also has terms with the city of Glendale and Pasadena. 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. You should not plan on being able to readily transfer and/or resell your security. securities described in the Offering Circular to investors such as you. Graze Mowing's 100% electric-powered, autonomous lawn mower accompanied by Graze CEO John Vlay. Another cost is pollution. 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. 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. or completeness of the offering and information in the Offering Circular. 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. Additionally, we may not be able to make a transition to mass production, either via in house manufacturing or contract manufacturers. 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. The information on this page includes the company overview, 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. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm. It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment. Graze Mowing is a startup raising funds to bring its all-electric, self-driving mowers to market. Hi, welcome to r/investing. Technology/Autonomous Lawnmower. Although the U.S. commercial landscaping industry is worth $98.7 . 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. 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. Graze is both a hardware and a software company. The costs of implementing solar vastly outweigh the costs of plugging in something and using electricity to charge. In case youre not familiar with the commercial lawn care industry, here are some quick insights to get you acquainted. Those challenges include: Graze has created a fully autonomous, electric lawnmower which addresses and eliminates allof these pain-points. That service is necessary to keep the mower up-to-date and functioning. We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. Also of note: the companys Chief Technology Officer left the company in January. 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. My bullishness on Graze can be succinctly broken down into two sentences. Your submission was automatically removed because it contains a keyword not suitable for r/investing. Without these letters of intent, we would have no interest from prospective customers, which may affect our revenue and growth projections. 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 . The $54 billion commercial landscaping industry in the US is a very manual, low-skilled, and low margin sector. Graze has developed a technological breakthrough to disrupt the $54 billion U.S. commercial landscaping market. 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. 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). 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. 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. After all, the company is pre-revenue. We are still developing our minimum viable product that will go into mass production. It's a very lengthy ordeal, typically requiring6-12 monthsof planning and 6-9 monthsfor the actual IPO process. Some potential benefits of mowing include: weed management, enhancing forage quality and reducing grazing patterns. Graze Mowing is rolling out a new electric, autonomous commercial lawn mower that will enable not only hands-free groundskeeping, but groundskeeper-free. 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 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. PreIPO Buzz is not a registered broker-dealer. different from that of common stock. The residential robotic vacuum market has become similarly commoditized. 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. Additionally, Grazes equipment is whisper quiet which means commercial lawncare companies can run them at night. Many people think . 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. Many hardware and equipment manufacturers suffer from one and done customer purchasing. 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. Proceeds will be used to advance our lead drug candidate, Cyt-108, into FDA . The Offering Circular That Is Part Of That Offering Statement Is At: Graze. Real-time information on initial public offerings (IPO's) by MarketWatch. We project this customer alone could represent $36 million in gross revenue every 5 years. {{ account.account_type }} Investor Account. Because of this, we may face issues developing a product and technology that can compete with other players in the market. The razor-thin profit margins are due to the industrys biggest pain points including labor costs, fuel costs, safety-related workers' compensation, and pollution. 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. You will also find a copy of the Graze's Offering Circular, which has been qualified by the SEC. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. 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. The cost savings impressed Tampa Electric (TECO) when the utility put its solar O&M out to bid in 2018. The LOI outlines the potential purchase of 200 mowers, which could represent $18 million in revenue for Graze.*. Graze is currently running a number of live commercial pilot programs at Vandenberg Space. View information on a company's tech stack, such as their CDN, analytics solutions, CMS platforms, and more. Phillip is leading the engineering team, which is currently focusing on localization, perception, and motion planning for their commercial-grade autonomous lawn mower. Company has previously raised over $10M in capital. The companies displayed are (or were) private companies that we believe may be relevant to individuals interested in the pre-IPO market. Go edge, weed, blow, or team up on mowing while your robotic worker finishes the job. Gotta find the company thats going to take the risks. Santa Monica, CA. When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an The Company is currently pre-revenue. 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. Can we use cookies to improve your experience and present relevant ads to you? Commercial landscaping and maintenance companies regularly purchase new equipment at the end of useful life spans (i.e., every 2-5 years). There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. This is Graze's fundraising profile page, where you can find information that may be helpful According to a Statista and IBISWorld study, the U.S. landscaping services industry hit revenue of $94.7 billion in 2019. 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. The Top 3 Growth Stocks in Quantum Computing. Over the past five years the commercial lawn mower market has experienced steady growth and that trajectory is expected to continue. Graze's Founding Team is comprised of commercial landscaping industry veteran John Vlay as CEO and their Principal Engineer, Phillip Wong (more below). There are multiple studies detailing how lawnmowers are as harmful as gas-powered cars. This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire To learn more about startup investment types check out How to Choose a Startup Investment in our academy. A Graze mower consists of two large sections. Skip Navigation watchlive Markets. Why? These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. What makes Graze such an exciting opportunity? 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
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