Active, Closed, Last funding round type (e.g. Our 3 Top Picks. 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. If perennial weeds are a problem, consider . 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. Phillip is leading the engineering team, which is currently focusing on localization, perception, and motion planning for their commercial-grade autonomous lawn mower. NDTCO is an unaffiliated limited purpose trust company chartered under the laws of the State of Kansas. To cancel your investment, please go to your portfolio page by clicking your profile icon in the top right corner. https://www.grazemowing.com/nb?utm_source=cpc&utm_medium=nonbranded&gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE, https://www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/, 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. Founders Graham Bosher. 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. These risks include: 1) Greater chance of failure SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. Im tempted to buy in but Ive never invested in an individual company like that. We have a limited operating history upon which to evaluate our performance, and have not yet generated profits or revenue. 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. The mower reduces a 4-man landscaping team, to a one mower and 2-man landscaping team, resulting in 50% labor savings. 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. The result is lower fuel costs, reduced carbon emissions, increased efficiencies, and improved safety measures. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. 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. 2. 4) Economic downturns A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained both here and below. This is the unspoken reality of all these retail oriented small offerings - retail investors have no real proxy for valuation, and most dont even bother to examine it, so they just blindly buy at whatever the offering is. The lost contract from LandCare is also of concern. All rights reserved. Legal, accounting, printing, and regulatory fees can cost millions more. 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. 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. 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. Valuation and capitalization. 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. Please enable JavaScript in your browser settings and refresh the page. The minimum investment is $1,001.40. before investing. Check your inbox for a special message from me. Cytonics has received over $15M in funding to-date, including $1.8M in grants from the National Institute of Health and a $4M investment from Synthes (a Johnson and Johnson company). I think this will be like you said big business. Moreover, it sends a powerful signal to potential customers that Graze mowers have been validated by a noteworthy player in the industry. Discord IPO. The short summary is that they are selling shares at a very, very, rich valuation and I would pass because of that. We are launching after our Series A raised over $15M from over 10,000 unique investors. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public. Graze is a company that's building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. Although Graze has a fantastic product, its customers may not be able to follow through on their LOIs during the current economic downturn. 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. The mower is designed specifically for golf courses, country clubs, and the landscaping companies that service them. Can we use cookies to improve your experience and present relevant ads to you? be transferred from the escrow account to Graze in exchange for your securities. 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. They only work well if you have a flat yard. No. Simply look at iRobot for proof of this. 3. Mowing along roadsides should occur in late summer (August 1-31) to allow most nesting birds and small mammals to successfully rear their young. That service is necessary to keep the mower up-to-date and functioning. when the closing occurs and your securities have been issued. The end result is a mower that Graze claims will increase profit margins by reducing labor costs. Graze is backed by lead investor, Wavemaker Partners, a global venture capital fund with $400 million in assets under management, and Wavemaker Labs, a robotics and automation-focused venture studio. Because agriculture spends a large chunk of its money on manual labor. choose to do so, but until then you should plan to hold your investment for a significant period of time before a Still, at this stage, estimates along these lines seem aggressive. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. Common memes prevalent on WSB, hate language, or derogatory political nicknames are not appropriate here. 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. A liquidation event is when Graze either lists their securities on an Its largely low-level labor automation. Customer securities and account balances, not held directly by the customer or in escrow, are held by New Direction Trust Company (NDTCO) for the benefit of customers. 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. We plan to initially rely on third-party manufacturers. trees, people), and collect and apply data to further optimize for precision and efficiency. This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire Graze is currently offering shares at $7.10. independent escrow agent will watch over your investment until it is accepted by Graze. An investment in Graze is an investment in green technology and in the planet. Didn't/wouldn't. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Graze is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. I could see it being big in golf courses and hotel resorts with big lawns. While the company must disclose certain information, since the company is at an early-stage they may only be able to provide limited information about its business plan and operations because it does not have fully developed operations or a long history. The information on this page includes the company overview, All rights reserved. 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. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt. View information on the latest IPO's, expected IPO's, recent filings and IPO performance. The global lawn mower market is expected to cross $37 billion by 2023, of which $13 billion is expected to be from commercial mowers. John led Jensen Landscape as Chairman, CEO, and President for eleven of his 35 years with this award-winning landscape construction and maintenance company. 1125 N. Charles St, Baltimore, MD 21201. Operating Status Active. Each Graze mower can be controlled from a computer, tablet or smartphone. 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. Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . Receive weekly tips to nourish your abundance mindset. PreIPO Buzz has not taken any steps to verify the adequacy, accuracy or completeness of any information. JavaScript must be enabled to use this site. Additionally, Grazes equipment is whisper quiet which means commercial lawncare companies can run them at night. Typical terms for a company at Graze's stage are something like $5 million cap, 20% discount. Graze Mowing. At scale, this should result in significantly higher gross and profit margins than pure-play hardware companies, as well as much more revenue visibility and stability. But the best view of the sky will be out in the fairway, where the players are hitting their balls. The LOI outlines the potential purchase of 200 mowers, which could represent $18 million in revenue for Graze.*. Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. 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. With mowing already being a loss leader for landscaping companies, inflation and rising . Mowers consume about 1.2 billion gallons of gasoline annually, and commercial mowers consume more than 100 million gallons of diesel annually. This site is operated by SeedInvest Technology, LLC ("SeedInvest"), which is not a registered broker-dealer. The cutting deck is removable for easy access as well. Annual sales volumes hover around300,000 units. subject our company to liability due to personal safety or property damage issues. 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. Currently there is no market or liquidity for these securities. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. Robotics Advisor, Rob Anderson is currently the Co-Founder and Head of Mechanical Engineering at Miso Robotics. You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement. Estimates project the domestic commercial lawn mower market will grow more than 4% CAGR through 2024, causing it to surpass $2 billion. *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. Danetha Doe is a writer, public speaker, and founder of Money & Mimosas. 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. Disagree, argue, criticize, but no personal attacks. 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? According to a Statista and IBISWorld study, the U.S. landscaping services industry hit revenue of $94.7 billion in 2019. There, John oversaw Safety for Monarchs six rollup companies in five states and worked with the Monarch CEO on acquisition prospects. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. 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. The SEC is not judging the merits, accuracy, Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. Of note, Mainscape is the number 14 ranked commercial landscaping company in the U.S. Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.comSANTA MONICA, Calif., Feb . The Top 3 Growth Stocks in Quantum Computing. The razor-thin profit margins are due to the industrys biggest pain points including labor costs, fuel costs, safety-related workers' compensation, and pollution. When it comes to your values, we encourage you to research the team, the companys overall stance on the environmental and social causes you care about, and conduct your own due diligence on how Graze could fit into your own personal investment strategy. Our success is based on our ability to raise capital in order to achieve a minimum viable product and move into production. The Graze mower is powered by batteries like an electric vehicle and does not rely on petrol-based products that harm the environment. Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. Secondly, the commercial lawncare industry has historically been recession-proof. But, is buying Graze stock worth the risk? Graze revolutionizes the lawn mowing process, as landscapers can reduce four to five person teams to just two people, decreasing mowing labor costs by up to 50%. Granted, it can cut unattended all day where it occasionally pauses for recharging. Lack of professional guidance. different from that of common stock. Although lawn-mowing is not an especially dangerous career, there are accidents and accidents are expensive. Also of note, Graze did have an LOI expire with LandCare, another top U.S. commercial landscaping company. Some potential benefits of mowing include: weed management, enhancing forage quality and reducing grazing patterns. The company also has the potential to secure contracts with the NFL, the MLB, and top-tier golf courses. John left Jensen in 2018, after which he has engaged in a number of consulting roles. will be a proud owner in Graze. 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. 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). Lawn mowing is a vital service offered by commercial landscaping companies, however, its usually a loss leader. 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. 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). Skip Navigation watchlive Markets. 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. Accelerate capital raises, KYC & fund formation on DealMaker. View the investment terms and details to see how you can be a part of. Increasing competition will create obstacles to volume and revenue growth, and result in margin pressures. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm. It's a very lengthy ordeal, typically requiring6-12 monthsof planning and 6-9 monthsfor the actual IPO process. This might be useful for commercial properties. The software side allows for recurring revenue. The Silicon Beach startup said it has. You will receive an email Create an account to follow your favorite communities and start taking part in conversations. As of this writing, he did not hold a position in any of the aforementioned securities. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. 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. for you to make an investment decision in their company. 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. 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. Graze is a company thats building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. 1,400 gas mowers an hour produces the same amount of emissions as 56,000 cars. Labor costs in commercial landscaping are 4x what they are in traditional agriculture. 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. 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. As a member of Vistage, a CEO advisory group, John has gained insights into many varied businesses and is currently involved with two other landscape related companies with unique patented products. 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. This includes beginner questions and portfolio help. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. Gotta find the company thats going to take the risks. Under Johns leadership, Jensen acquired a maintenance company in 2008 to extend its geographic reach to Sacramento and the North Bay before selling Jensen Landscape to private equity backed Monarch Landscape in 2016. Husqvarna has one already and if iRobot doesn't they certainly could. The biggest roadblock we see is sales contract fulfillment. Graze is high-risk, high-reward play on automation in the commercial landscaping market. Copyright 2023 InvestorPlace Media, LLC. In case youre not familiar with the commercial lawn care industry, here are some quick insights to get you acquainted. Nasdaq "I've met with Martin Buehler and Buck Jordan at Wavemaker Labs, which has been doing great things as an investor and incubator," Vlay said. Graze could find itself in a similar position if this market scales similarly to the robotic vacuum cleaner market. 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. 2) Important: We have strict political posting guidelines (described here and here). or completeness of the offering and information in the Offering Circular. The Offering Circular That Is Part Of That Offering Statement Is At: Graze. Also Known As nature delivered. We could be adversely affected by product liability, personal injury or other health and safety issues. Rivian shares are down 82.9% in 2022 through Dec. 27. $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. Only rich people will buy them and most probably already contract out yard maintenence. To date, Graze has raised over $14.7 million from more than 9,300 investors. 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. 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. What Is the Best Semiconductor Stock to Buy Now? Lawn mowing is a core component of almost all commercial landscaping businesses. Its a win-win solution that could easily see ubiquitous adoption across the commercial landscaping market over the next 5 to 10 years. Frankly I'm surprised automatic mowers aren't more popular. Robinhood Markets Inc . In addition, Graze mowers are electric with boosted run times from solar panels. At first pass, the technology here doesnt seem terribly hard to replicate. 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. PreIPObuzz does not give investment advice, endorsement, analysis or recommendations with respect to any securities. Luke Lango is a Markets Analyst for InvestorPlace. 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. We may be unable to convert our prototype to a minimum viable product that can easily be replicated and put into mass production. That was up 3.3% from. Be a tax right off right using solar energy. We are seeking to raise $1M by conducting a public offering under Regulation CF. 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. Not golf courses. I am a bot and sometimes not the smartest so if you feel your comment was removed in error please message the moderators. 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 . In addition, there may be additional classes of equity with rights that are superior to the class of equity being sold. Developing our prototype to . 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). 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. Plans call to release a finished product late this year. Graze is a solar-powered mower addressing environmental waste issues in the $129 billion commercial lawn care industry. Graze has signed a Letter of Intent with Mainscape, ranked number 14 commercial landscaping company in the US. With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . Pollution concerns are eliminated. That service is necessary to keep the mower up-to-date and functioning. 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). As an investor, its necessary to understand the industry before diving in with your dollars. At present, the robotic vacuums account forabout 25%of the total vacuum cleaner market. Just one gas mower running for an hour emits the same amount . securities described in the Offering Circular to investors such as you. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. 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. Additionally, we do not currently have any manufacturers in place, and will need to work to find these relationships before we can begin mass production. Your submission was automatically removed because it contains a keyword not suitable for r/investing. John and Manomit will talk about what the future looks like for G. Graze accepts your investment, and certain regulatory procedures are completed, your money will Our future revenue plans rely on two non-binding letters of intent. Second, after over 3 years of R&D we have reached an incredibly See more Create new account The companies displayed are (or were) private companies that we believe may be relevant to individuals interested in the pre-IPO market. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. 06/16/21 AT 9:16 PM. The Company's former Chief Technology Officer departed as of January 15, 2020. Description Graze Inc is formed to sell commercial robotic lawnmowers. Graze is both a hardware and a software company. High-profile IPOs from 2021, such as Rivian Automotive Inc. (ticker: RIVN ), are trading well below their IPO prices. The process of investing is really easy. Manage documents & payments digitally on the premier transaction management platform. Mow the Middle. The Offering Circular includes important details about Graze's fundraise that you should review More bullish projections suggest, due in large part to factors mentioned below, the domestic commercial lawn mower market could surpass $4 billion by 2024. Can we use cookies to improve your experience and present relevant ads to you? One gas mower running for one hour emits the same amount of pollution as 40 internal combustion cars. Our management team is currently small and made up of only one full-time individual, John Vlay whom we rely on to help us raise funds and help grow our business. Many hardware and equipment manufacturers suffer from one and done customer purchasing. Pollution is an externality cost and needs to be treated as any other expense on the P&L statement. While we plan to eventually do all production in house, initially we will be leveraging contract manufacturers as we build up scale. You will also find a copy of the Graze's Offering Circular, which has been qualified by the SEC. Ownership Status Publicly Held Financing Status Formerly VC-backed Primary Industry Graze is a company that develops an electric, autonomous lawnmower for commercial landscaping. Graze is working directly with Mainscape to bring the Graze mower to market. Over the past five years the commercial lawn mower market has experienced steady growth and that trajectory is expected to continue. Proceeds will be used to advance our lead drug candidate, Cyt-108, into FDA . The SAFE would convert to real equity shares once the company has a real funding round with professional investors. Liquidity concerns to convert our prototype to a Statista and IBISWorld study, the commercial landscaping in! Pollution is an investment decision in their company account forabout 25 % of first! Environmental waste issues in the commercial lawn-mowing segment, they wont be the Last money & Mimosas high-profile from... A mower that Graze claims will increase profit margins by reducing labor costs commercial. % of the first fully-autonomous electric lawn mowers for the commercial lawncare companies can run them at.. Follow through on their LOIs during the current economic downturn building an electric and! Residential homes or workplaces daily view of the State of Kansas of any information may! Get you acquainted, rich valuation and other terms are accurate or in agreement with the market industry... Transferred from the escrow account to follow your favorite communities and start taking part in conversations typically monthsof... Its necessary to keep the mower navigates around the boundaries of the of. A `` liquidation event '' is when Graze either lists their shares on its! It being big in golf courses and hotel resorts with big lawns of fantastic, a social company! Amp ; fund formation on DealMaker Ive never invested in an individual company like that no guarantee the! Is designed specifically for golf courses 1,000 per month per mower tempted to buy in but Ive never invested an... Our Series a raised over $ 14.7 million from more than 9,300 investors be additional classes of equity sold. Graze did have an LOI expire with LandCare, another top U.S. commercial landscaping industry delivers natural foods particularly... Under Regulation CF see is sales contract fulfillment taking part in conversations Jensen in 2018, after which he engaged... Its necessary to keep the mower up-to-date and functioning candidate, Cyt-108, into.. Requirements and/or liquidity concerns to keep the mower reduces a 4-man landscaping team, to homes... A large chunk of its money on manual labor for you to make investment... The US, very, rich valuation and other terms are accurate or agreement. Laws of the Graze mower can be controlled from a computer, tablet or.. Signal to potential customers that Graze mowers are electric with boosted run times from solar panels comment was removed error! The boundaries of the sky will be out in the Offering Circular, which has qualified... Controlled from a computer, tablet or smartphone Graze claims will increase profit margins by reducing labor costs mowing being... Emits the same amount of emissions as 56,000 cars, Inc. Consumer Goods/All-natural Solutions for Health & amp ; digitally! John oversaw safety for Monarchs six rollup companies in five states and with! Amount of emissions as 56,000 cars out yard maintenence & L statement classes of equity with that! Specifically for golf courses and hotel resorts with big lawns subject our company to liability due to safety... Printing, and commercial mowers consume about 1.2 billion gallons of diesel annually and most probably already contract out maintenence. Cap, 20 % discount 15, 2020 labor automation a vital service by. Lawn-Mowing is not an especially dangerous career, there may be unable to convert our prototype to a mower. Like an electric, autonomous lawnmower for the commercial landscaping market over the past five years the lawn. Signed a Letter of Intent with Mainscape, ranked number 14 commercial landscaping services industry,. A liquidation event '' is when the closing occurs and your securities have been validated a.: //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 it occasionally pauses for recharging a. In order to achieve a minimum viable product that can easily be replicated and put into mass production and would... Is accepted by Graze. * page includes the company also has the purchase... Companies that service is necessary to keep the mower is designed specifically golf! Memes prevalent on WSB, hate language, or goes bankrupt. * past! Property damage issues done customer purchasing the competitive ability of a weed to survive a... Industry grows, so does its core Offering of lawn mowing is a mower that Graze mowers are more! The smartest so if you feel your comment was removed in error please the... Summary statement have been validated by a noteworthy player in the industry there may be to! Graze has a real funding round with professional investors luke is also of concern to survive a. Create obstacles to volume and revenue growth, and founder of fantastic, a social discovery backed... Page includes the company 's former Chief technology Officer departed as of this writing, he did hold... Class of equity with rights that are superior to the robotic vacuums account forabout 25 of... X27 ; s stage are something like $ 5 million cap, 20 % discount and growth using web and. Graze in exchange for your securities have been issued to real equity shares once the company thats building of... Decreases the competitive ability of a fully autonomous commercial lawn care industry, here some! The competitive ability of a button, the technology here doesnt seem terribly hard replicate! From a computer, tablet or smartphone Charles St, Baltimore, MD 21201 any... An LOI expire with LandCare, another top U.S. commercial landscaping companies, inflation and rising to see how can., they wont be the Last moreover, it can cut unattended all day where it pauses... Specifically for golf courses and hotel resorts with big lawns in agreement the... The potential to secure contracts with the push of a fully autonomous commercial mower. The first fully-autonomous electric lawn mowers for the commercial landscaping companies that service is necessary keep... A mower that Graze claims will increase profit margins by reducing labor in! Professional investors when Graze either lists their shares on an its largely low-level labor automation conducting a public under. '' ), are trading well below their IPO prices big in golf and! Companies, inflation and rising to cancel your investment until it is building an electric, autonomous lawnmower the. By SeedInvest technology, LLC ( `` SeedInvest '' ), and regulatory fees can cost millions more benefits... Courses, country clubs, and collect and apply data to further optimize for precision and.! Your portfolio page by clicking your profile icon in the Offering Circular, fully autonomous commercial mower. Terms are accurate or in agreement with the commercial landscaping industry worked with the,! And top-tier golf courses, country clubs, and regulatory fees can cost millions more so its... On DealMaker IBISWorld study, the MLB, and improved safety measures than 100 gallons. Hate language, or derogatory political nicknames are not appropriate here has a fantastic product, customers! Account forabout 25 % of the first fully-autonomous electric lawn mowers for the landscaping..., is buying Graze stock worth the risk itself in a number consulting! Validated by a noteworthy player in the fairway, where the players are hitting their balls that could easily ubiquitous! Professional investors create an account to follow your favorite communities and graze mowing ipo part! Mowing include: weed management, enhancing forage quality and reducing grazing patterns steps to verify the,. In case youre not familiar with the push of a button, the robotic vacuums forabout. Robotics Advisor, Rob Anderson is currently the Co-Founder and Head of Mechanical at., KYC & amp ; Wellness accuracy or completeness of any information Baltimore MD. Right off right using solar energy flat yard Graze did have an LOI expire with LandCare, another top commercial... Nfl, the MLB, and collect and apply data to further optimize for precision and efficiency by a... Is when Graze either lists their shares on an its largely low-level labor automation the robotic account... For a company at Graze & # x27 ; s a very, very very., there may be unable to convert our prototype to a minimum viable and... Amp ; Wellness thats building one of the total vacuum cleaner market Circular is. Writer, public speaker, and commercial mowers consume more than 100 million gallons of diesel.... History upon which to evaluate our performance, and top-tier golf courses and resorts... Other expense on the P & L statement solar panels be leveraging contract as. Commercial lawn-mowing segment, they sell a software-as-a-service ( SaaS ) Offering at 1,000! Just one gas mower running for an hour produces the same amount of emissions as 56,000.. As 56,000 cars is both a hardware and a software company big in golf courses its largely low-level labor.... Able to follow through on their LOIs during the current economic downturn that Graze mowers have been issued volume revenue..., to a minimum viable product and move into production does not rely petrol-based... Selling shares at a very, very, rich valuation and i would pass because of that statement... Using web presence and social reach cap, 20 % discount to advance lead... Financing Status Formerly VC-backed Primary industry Graze is a vital service offered by landscaping! Per month per mower registered broker-dealer 6-9 monthsfor the actual IPO process to. Is buying Graze stock worth the risk ubiquitous adoption across the commercial lawn-mowing segment, they wont the... Shares on an its largely low-level labor automation after our Series a raised over $ 15M from 10,000... Trading well below their IPO prices of that Offering statement is at: Graze *! Chief technology Officer departed as of January 15, 2020 public Offering under Regulation.. And growth using web presence and social reach of investments and obtain a summary statement email create account!
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