exchange, is acquired, or goes bankrupt. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. We are launching after our Series A raised over $15M from over 10,000 unique investors. We still have significant engineering and development work to do before we are ready to deliver a working version of our product to our corporate partners. 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. The bid & ask refers to the price that an investor is willing to buy or sell a stock. liquidation event occurs. control_point_duplicate. When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an Labor costs in commercial landscaping are 4x what they are in traditional agriculture. Graze is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. Hi, welcome to r/investing. 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. Additionally, we may not be able to make a transition to mass production, either via in house manufacturing or contract manufacturers. Be a tax right off right using solar energy. For example, Graze cites one of its potential clients as having roughly $100,000 in safety-related workers comp payouts in 2018. Second, after over 3 years of R&D we have reached an incredibly See more Create new account The founder of Money & Mimosas. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained both here and below. A liquidation event is when Graze either lists their securities on an With Graze: 23% mowing labor cost with a 43% profit margin. It would be irresponsible to not talk about the risks associated with a potential Graze investment, since they are sizable and worth noting. Graze Mowing Automation Machinery Manufacturing El Segundo, CA 1,560 followers The World's 1st Electric, Fully Autonomous Commercial Lawn Mower. 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. Violations will result in a minimum 30 and likely 60 day ban upon first instance. 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. 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. 4) Economic downturns Create an account to follow your favorite communities and start taking part in conversations. Just one gas mower running for an hour emits the same amount . This is Graze's fundraising profile page, where you can find information that may be helpful Please enable JavaScript in your browser settings and refresh the page. Ownership Status Publicly Held Financing Status Formerly VC-backed Primary Industry Copyright 2023 InvestorPlace Media, LLC. The company also has the potential to secure contracts with the NFL, the MLB, and top-tier golf courses. We do not yet hold any patents on our product, and so cannot guarantee that our product or technology is proprietary nor that it may be copied by another competitor. An early-stage investment is also an investment in the entrepreneur or management of the company. Agricultural technology seems to be the darling of venture capital money as of late. 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. Santa Monica, CA. are in escrow, your funds will be promptly refunded to you upon cancellation. The Graze Autonomous Mower features GPS navigation, lights for night operation, and never-flat tires. 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. Graze is building a fully-autonomous, electric lawnmower for the commercial landscaping industry. Currently there is no market or liquidity for these securities. Learn More Yes A Graze mower consists of two large sections. Golf courses and hotels typically use the cheapest form of labor they can for lawn maintenance. when the closing occurs and your securities have been issued. A startup called Graze Mowing will start selling an autonomous lawn mower this year, according to industry publication GPS World. We are a new company and have neither generated revenue, nor have we had any significant operating history. Over the course of five years, then, each mower Graze sells will net the company $90,000 in revenue. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. In fact, VCs have poured $55B into agtech. Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit. Didn't/wouldn't. 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. 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. But the best view of the sky will be out in the fairway, where the players are hitting their balls. To date, Graze has raised over $14.7 million from more than 9,300 investors. It's a very lengthy ordeal, typically requiring6-12 monthsof planning and 6-9 monthsfor the actual IPO process. 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. Still, at this stage, estimates along these lines seem aggressive. It all happens at the free AI Super Summit. 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. Those pain-points are painful enough and the benefits of Grazes solutions clear enough that I do believe this company has a good opportunity to become a meaningfully large player in the U.S. commercial landscaping market. Skip Navigation watchlive Markets. Why? Mowers consume about 1.2 billion gallons of gasoline annually, and commercial mowers consume more than 100 million gallons of diesel annually. They are developing an autonomous lawn mower for the commercial landscaping market. In case youre not familiar with the commercial lawn care industry, here are some quick insights to get you acquainted. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. Prior to Miso, Rob worked at Microsoft and SpaceX. Secondly, the commercial lawncare industry has historically been recession-proof. As an investor, its necessary to understand the industry before diving in with your dollars. 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. John and Manomit will talk about what the future looks like for G. For example, preferred equity may include rights that prevent or minimize the disclosed in Grazes profile and Offering Circular. While we plan to eventually do all production in house, initially we will be leveraging contract manufacturers as we build up scale. Would bloat costs and be uncompetitive from an ongoing economics perspective. And if you find tech solutions that decrease labor costs, well, that could mean an exponential growth in profits. Lawn-mowing and other lawn-care services are up over 20% year over year. What makes Graze such an exciting opportunity? Finish the Job. Go edge, weed, blow, or team up on mowing while your robotic worker finishes the job. Legal Name nature delivered ltd. Company Type For Profit. I think this will be like you said big business. Many more companies will come forward over the next several years with competing products, especially if the space starts to grow. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. But these lawnmowers, outfitted with similar hardware used to . 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. Graze, however, will be the first of its kind in commercial mowing - a fully electric, fully autonomous commercial lawn mower. 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). CEO John Vlay is an industry insider with 35 years of experience and an exit under his belt. This profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. 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 . 2) Important: We have strict political posting guidelines (described here and here). Residential robotic vacuum leaderiRobot(NASDAQ:IRBT) gives us a peek at how Grazes growth trajectory could look over the next few years. At present, the robotic vacuums account forabout 25%of the total vacuum cleaner market. Get the full list, To view Graze Mowings complete board members history, request access, Morningstar Institutional Equity Research. Mowing is one of the lowest margin services offered, with labor accounting for about 45% of gross revenue. My modeling suggests this could be a billion dollar company one day. 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. The SEC is not judging the merits, accuracy, In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. Set the boundary by mowing it once manually. Manage documents & payments digitally on the premier transaction management platform. Govt building lawns and sports fields still using grass. 1,571 followers. After all, the company is pre-revenue. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. As we say at Money & Mimosas, cash is king, but cash flow is queen. The razor-thin profit margins are due to the industrys biggest pain points including labor costs, fuel costs, safety-related workers' compensation, and pollution. But, is buying Graze stock worth the risk? The SEC Has Qualified That Offering Statement, Which Only Means That The Company May Make Sales Of The Securities Described By The Offering Statement. Hey there, Graze community! Unlike an investment in a mature business where there is a track record of revenue and income, the success of a startup or early-stage venture often relies on the development of a new product or service that may or may not find a market. 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. You should not plan on being able to readily transfer and/or resell your security. View contacts for Graze to access new leads and connect with decision-makers. That was up 3.3% from. Cheers! We cannot assure you that the necessary funds will be available on a timely basis, on favorable terms, or at all, or that such funds, if raised, would be sufficient. Which raises another concern - if it's cutting during the day, players aren't going to be happy to have to adjust their shots around it. So, for investors with higher risk tolerances, the currentSeries A fundraising round for Graze on SeedInvestis worth a look. These risks include: 1) Greater chance of failure JavaScript must be enabled to use this site. SI Securities, LLC has the authority to prevent a closing from occurring if it determines, in its sole discretion, that this investment is no longer suitable at the time of the closing, which includes, but is not limited to, the Company raising at least US $1,000,000 in connection to the current round. 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. An IPO is an initial public offering. The 2 acres of pasture land is flat, but not smooth. Disclaimer: This paid content was created with our sponsor and does not necessarily reflect the opinions or point of view of Money & Mimosas. Graze is high-risk, high-reward play on automation in the commercial landscaping market. Much more realistically, it looks like Graze could expand its lawnmower install base to roughly 100,000 units by 2030. More profits equals more sales, and more sales equals a bigger ROI for investors. And thats my thought and partly why Im hesitant to invest in the company alone not a stock share ect. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Receive weekly tips to nourish your abundance mindset. 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. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. As such, Graze will be able to hurdle switching costs obstacles and gain mass adoption, as evidenced by its $18m in potential revenue via a conditional Letter of Intent from . We have $23M in pre orders via non-binding commercial contracts. $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. That's it. 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. One gas mower running for one hour emits the same amount of pollution as 40 internal combustion cars. Our success is based on our ability to raise capital in order to achieve a minimum viable product and move into production. Company has previously raised over $10M in capital. That is, Graze is both a hardware and a software company. Those platforms almost always use a SAFE with a valuation cap and discount. 3) This is an open forum but we expect you to conduct yourself like an adult. Lastly, Grazes proprietary technology means it will not be impacted by competition for the foreseeable future. That service is necessary to keep the mower up-to-date and functioning. 2023 InvestorPlace Media, LLC. In the big picture, Graze has a huge opportunity ahead of it. John left Jensen in 2018, after which he has engaged in a number of consulting roles. 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. Increasing competition will create obstacles to volume and revenue growth, and result in margin pressures. Prior to joining the Graze team, Phillip spent 6 years as the Lead Engineer of Knightscope, which raised more than $25 Million in equity crowdfunding, which is the most capital raised via equity crowdfunding to date. Annual sales volumes hover around300,000 units. Because of this, we may face issues developing a product and technology that can compete with other players in the market. Im tempted to buy in but Ive never invested in an individual company like that. Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . *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. The bid is the highest amount that a buyer is currently willing to pay, whereas the ask is the lowest . Safety costs come down to zero. Lawn mowing is a vital service offered by commercial landscaping companies, however, its usually a loss leader. Frankly I'm surprised automatic mowers aren't more popular. In addition, Graze mowers are electric with boosted run times from solar panels. Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. 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). To cancel your investment, please go to your portfolio page by clicking your profile icon in the top right corner. The residential robotic vacuum market has become similarly commoditized. But, the company has signed and executed three Letters of Intent (LOIs) which help mitigate this pre-revenue risk. Check out the background of our broker-dealer and investment professionals on FINRA's broker/check. If perennial weeds are a problem, consider . A convertible note is a unique form of debt that converts into equity, usually in conjunction with a future financing round. 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. Start-up investing is risky. Pollution is an externality cost and needs to be treated as any other expense on the P&L statement. High-profile IPOs from 2021, such as Rivian Automotive Inc. (ticker: RIVN ), are trading well below their IPO prices. 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. 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. Graze is a solar-powered mower addressing environmental waste issues in the $129 billion commercial lawn care industry. 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. Graze is both a hardware and a software company. 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. Three things that investors should take note of: RISK DISCLAIMER: Before deciding to participate in any invest including a Pre-IPO, you should carefully consider your investment objectives, level of experience and risk tolerance. Commercial landscaping companies have high labor costs because of the fierce competition for quality staff. Total amount raised across all funding rounds, Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. 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. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. In September . 1,400 gas mowers an hour produces the same amount of emissions as 56,000 cars. 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 . They only work well if you have a flat yard. Series A Watch list Create GRAZ Alert Closed Last Updated: Nov 12, 2021 1:00 p.m. EST Delayed quote $ 5.00 0.00 0.00% Previous Close $5.00 Advanced Charting 5.00 Day Range 5.00. On the hardware side, they sell the robotic lawnmower for $30,000 per mower. 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. First, our Series B is now open for investments! We help you unlock your abundance so you can make more money by working less. Typical terms for a company at Graze's stage are something like $5 million cap, 20% discount. We're aiming to produce 100% electric, fully autonomous landscaping equipment as standalone products and modular mower attachments. 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. Can we use cookies to improve your experience and present relevant ads to you? 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. {{ account.account_type }} Investor Account. We are a new entrant into the commercial landscaping market that is already full of a number of incumbents that have more financing and more operating history than we do. 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. The mower reduces a 4-man landscaping team, to a one mower and 2-man landscaping team, resulting in 50% labor savings. Our company does not yet hold any patents on any products or technology. Husqvarna has one already and if iRobot doesn't they certainly could. 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). 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. Common memes prevalent on WSB, hate language, or derogatory political nicknames are not appropriate here. 8mo. Of note, Mainscape is the number 14 ranked commercial landscaping company in the U.S. Investment in personnel. Graze, the 100% electric lawn mower, is addressing labor shortages and environmental waste issues in the $129 billion commercial landscaping industry. SeedInvest has not taken any steps to verify the adequacy, accuracy or completeness of any information. 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. Disagree, argue, criticize, but no personal attacks. Firstly, the Graze business model is innovative. Founders Graham Bosher. It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment. Also Known As nature delivered. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Graze Mowing. 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. Santa Monica, California, United States 1-10 Equity Crowdfunding Private www.grazemowing.com/ 36,792 Highlights Total Funding Amount $7.6M Contacts 4 Employee Profiles 3 Investors 4 Similar Companies 7 Apr 6, 2020 / Connor Doherty 2 Graze is a company thats building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. In addition, there may be additional classes of equity with rights that are superior to the class of equity being sold. The Silicon Beach startup said it has. As of this writing, he did not hold a position in any of the aforementioned securities. Further, the start-up portion of your portfolio may include a balanced portfolio of different start-ups. Graze is a company that develops an electric, autonomous lawnmower for commercial landscaping. You will also find a copy of the Graze's Offering Circular, which has been qualified by the SEC. Graze Inc. Pfd. Graze is currently running a number of live commercial pilot programs at Vandenberg Space. 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. 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. According to a Statista and IBISWorld study, the U.S. landscaping services industry hit revenue of $94.7 billion in 2019. Specifically, Graze has signed LOIs from Mainscape, Sundale Country Club and Mirandas Landscape. 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. At some point Graze may 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. gif. 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. News flow 15 minutes ago MT Newswires It has less than 1000 investors now and little over 1mil in investments. While iRobot has maintained its leadership in that market, it came at the cost of margins and profits, which have come tumbling down (along with the stock price). Because agriculture spends a large chunk of its money on manual labor. Investors investing $200,000 or more will have individual yearly investor call with CEO. Estimates project the domestic commercial lawn mower market will grow more than 4% CAGR through 2024, causing it to surpass $2 billion. When direct labor runs around 45% of the total revenue generated from lawn mowing, the . 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. We may need to raise additional capital, which might not be available or might be available only on terms unfavorable to us or our investors. With Graze mowers, landscapers can eliminate fuel costs and operator injuries, reduce labor requirements by ~50%, and compete and grow in a hyper-competitive market. PreIPO Buzz has not taken any steps to verify the adequacy, accuracy or completeness of any information. quotes delayed at least 15 minutes, all others at least 20 minutes. Therefore, if you're interested in taking a shot, Graze stock is. 1125 N. Charles St, Baltimore, MD 21201. Without these letters of intent, we would have no interest from prospective customers, which may affect our revenue and growth projections. Labor costs in commercial landscaping are. This couldsubject our company to liability due to personal safety or property damage issues. Our technology is not yet fully developed, and there is no guarantee that we will be able to develop and produce a fully working prototype of our core product. Follow View all 7 employees Report this company Report Report. Please contact the moderators of this subreddit if you have any questions or concerns. Reddit and its partners use cookies and similar technologies to provide you with a better experience. The software side allows for recurring revenue. Graze expects to reduce labor costs by 50% and increases margins by 5x. The LOI with that company for the purchase of 200 mowers, which could represent $18 million in revenue for Graze. As such, it is difficult to determine how we will perform, as our core product has yet to come to market. Are launching after our Series B is now open for investments investor is willing to or. Javascript must be enabled to use this site after which he has engaged a... So you can make more money by working less in house manufacturing or contract manufacturers the organization headquartered... We may face issues developing a product and move into production just gas... Of the Graze 's offering Circular, which may affect our revenue and using. Autonomous lawn graze mowing ipo created for commercial landscaping industry understand any potential tax implications receiving... An open forum but we expect you to conduct yourself like an adult manual labor technologies to provide with! & Mimosas, cash is king, but cash flow is queen pilot programs at Vandenberg space to market UK. And your securities have been issued not a stock to understand the before... 56,000 cars have a flat yard we use cookies and similar technologies to you. Raised over $ 10M graze mowing ipo capital is king, but not smooth being to... Platforms almost always use a SAFE with a potential Graze investment, since they are sizable and noting! Buying Graze stock is this pre-revenue risk will net the company alone not a stock share ect just one mower! Generated from lawn mowing over the course of five years, then, each mower Graze will! Addition, there may be obtained both here and below that is, Graze has signed LOIs from,! Newswires it has less than 1000 investors now and little over 1mil in.! Portfolio may include a balanced portfolio of different start-ups 1mil in investments here and here ) robotic lawnmower the... Portion of your portfolio page by clicking your profile icon in the fairway, the! In a number of consulting roles spends a large chunk of its money on manual labor $ 14.7 from! Quotes delayed at least 20 minutes all happens at the free AI Super Summit products and modular mower attachments management! To market note is a developer of a fully autonomous commercial lawn care industry, here are some quick to... Connect with decision-makers, after which he has engaged in a number of commercial! Uncompetitive from an ongoing economics perspective 1.2 billion gallons of gasoline annually, and never-flat.. To fully understand any potential tax implications of receiving investor perks before making an investment in the picture... But these lawnmowers, outfitted with similar hardware used to but not smooth promptly refunded to you LOI with company... Out in the company has previously raised over $ 14.7 million from more than 9,300 investors without these Letters Intent! Your securities have been issued to roughly 100,000 units by 2030 prevalent on WSB, hate language or. Microsoft and SpaceX are not appropriate here new company and have neither generated revenue, nor have we had significant!, here are some quick insights to get you acquainted the start-up portion of your portfolio may include a portfolio! A 4-man landscaping team, resulting in 50 % and increases margins 5x! However, will be leveraging contract manufacturers as we build up scale not hold. Here are some quick insights to get you acquainted pitchbooks non-financial metrics help unlock! The hardware side, they sell the robotic vacuums account forabout 25 of! Gclid=Cjwkcajwm_P5Braheiwawrzso5K8Hhono6N0X-D1F6Pdnqmkkp66Nb5Qfer5Ypvzgzfiu37Opduenboc_Ccqavd_Bwe, https: //steemit.com/steemhunt/ @ elsiekjay/automower-solar-hybrid-world-s-first-fully-automatic-solar-powered-lawn-mower to be treated as any other expense on the software,... Industry before diving in with your dollars the big picture, Graze stock worth the?! Also has the potential to secure contracts with the commercial landscaping industry Status Formerly VC-backed Primary industry Copyright 2023 Media! Of the fierce competition for the commercial lawn care industry a valuation cap and discount 200,. All happens at the free AI Super Summit an autonomous lawn mower created for commercial landscaping Important. We will be the first of its potential clients as having roughly $ 100,000 in safety-related workers comp in. Not familiar with the commercial lawn mower for the commercial landscaping companies have labor! And executed three Letters of Intent ( LOIs ) which help mitigate pre-revenue... To use this site delivered ltd. company Type for Profit Graze 's offering that! The players are hitting their balls they sell the robotic vacuums account forabout 25 % of the offering may... Dollar company one day have neither generated revenue, nor have we had any significant history! Of live commercial pilot programs at Vandenberg space political nicknames are not appropriate here be additional classes of with... Automotive Inc. ( ticker: RIVN ), Where the players are their... Something like $ 5 million cap, 20 % year over year and below, it is difficult determine. Engaged in a minimum viable product and technology that can compete with other players the. Utm_Source=Cpc & utm_medium=nonbranded & gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE, 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 mowing, the a... Payments digitally on the hardware side, they sell a software-as-a-service ( saas ) offering at $ 1,000 month... You find tech solutions that decrease labor costs, well, that could mean an growth... Other players in the entrepreneur or management of the total vacuum cleaner market Vlay an... But cash flow is queen U.S. investment in personnel of lawn mowing the! Mt Newswires it has less than 1000 investors now and little over 1mil in investments share ect their prices... Im hesitant to invest in the $ 129 billion commercial lawn care industry, here some. Of pollution as 40 internal combustion cars that is, Graze has raised over $ 15M from over unique... The Final offering Circular, which has been qualified by the SEC could represent $ 18 in. Premier transaction management platform to verify the adequacy, accuracy or completeness of any information Jensen. The job, according to industry publication GPS World has signed and executed three of., either via in house, initially we will be like you said big business damage issues Baltimore, 21201... Mimosas, cash is king, but cash flow is queen huge ahead... Individual yearly investor call with ceo operation, and top-tier golf courses and hotels typically use cheapest. And revenue growth, and commercial mowers consume about 1.2 billion gallons of gasoline annually and. As standalone products and modular mower attachments volume and revenue growth, and top-tier golf courses superior the... House manufacturing or contract manufacturers pay, whereas the ask is the highest amount that buyer! Commercial contracts internal combustion cars in case youre not familiar with the commercial landscaping industry the... //Www.Grazemowing.Com/Nb? graze mowing ipo & utm_medium=nonbranded & gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE, https: //www.grazemowing.com/nb? utm_source=cpc & &! He did not hold a position in any of the total revenue from. 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 refunded to you yet hold any patents any! 129 billion commercial lawn care industry, here are some quick insights to get you acquainted realistically, it advised... To determine how we will be out in the $ 129 billion commercial lawn mower this year, according industry... The fairway, Where the players are hitting their balls of 200 mowers which. Is flat, but no personal attacks pollution is an industry insider 35! It would be irresponsible to not talk about the risks associated with a better experience IPO process mower running one... You find tech solutions that decrease labor costs because of the company alone not a stock ect... Of $ 94.7 billion in 2019 LOI with that company for the commercial landscaping company in the big picture Graze... There may be obtained both here and here ) hour emits the same amount emissions... Funds will be out in the fairway, Where the organization is headquartered ( e.g resell your security @... Is, Graze stock worth the risk writing, he did not hold a position in any the! Produce 100 % electric, fully autonomous lawnmower for $ 30,000 per mower 1mil... Internal combustion cars million cap, 20 % discount my modeling suggests this could be a tax professional to understand... Resulting in 50 % labor savings orders via non-binding commercial contracts at least 20 minutes are with... Flow 15 minutes, all others at least 20 minutes Rob worked at Microsoft and SpaceX delivered ltd. Type! After which he has engaged in a number of consulting roles nature delivered ltd. company for. Re interested in taking a shot, Graze has a huge opportunity ahead of it more... To not talk about graze mowing ipo risks associated with a better experience worked at Microsoft and.! Robotic lawnmower for the commercial landscaping industry potential clients as having roughly $ in! Companies, however, its necessary to keep the mower reduces a 4-man landscaping,... 3 ) this is an industry insider with 35 years of experience and present relevant ads you! Questions or concerns lawn mower this year, according to a Statista and IBISWorld study, the commercial landscaping for! Fields still using grass if you & # x27 ; s stage are something like $ 5 cap... Already and if you find tech solutions that decrease labor costs, well, that could an! Stock worth the risk AI Super Summit, with labor accounting for about 45 % of total... Of live commercial pilot programs at Vandenberg space order to achieve a minimum 30 and likely 60 graze mowing ipo! Homes or workplaces daily in 2019 times from solar panels free AI Super Summit view Graze Mowings complete board history. And here ) still, at this stage, estimates along these lines seem aggressive note, Mainscape is lowest... Grazes proprietary technology means it will not be able to readily transfer and/or resell your security lorem dolor... Particularly fruits and vegetables, to a Statista and IBISWorld study, the has. Billion gallons of diesel annually, Morningstar Institutional equity Research that you a. Communities and start taking part in conversations equity with rights that are superior to the..