And if you find tech solutions that decrease labor costs, well, that could mean an exponential growth in profits. In addition, Graze mowers are electric with boosted run times from solar panels. When direct labor runs around 45% of the total revenue generated from lawn mowing, the . We may be required to raise additional capital in order to develop our technology and prototype.We will not be able to deliver a working version of our product to our corporate partners if we cannot raise debt or equity financing. Money & Mimosas is a registered trademark owned solely by Danetha Doe. The mower is designed specifically for golf courses, country clubs, and the landscaping companies that service them. On the surface, the company is in the right sector. Granted, it can cut unattended all day where it occasionally pauses for recharging. Because of this, Graze has the potential to have meaningful and predictable recurring revenue. We are seeking to raise $1M by conducting a public offering under Regulation CF. Graze has signed LOIs from Mainscape, Sundale Country Club, and Mirandas Landscape. Founded Date 2008. The Offering Circular includes important details about Graze's fundraise that you should review I am a bot, and this action was performed automatically. Commercial landscaping and maintenance companies regularly purchase new equipment at the end of useful life spans (i.e., every 2-5 years). "We have a handful produced and are doing pilot programs right now," says Vlay. At some point the company may choose to do so, but until then you should plan to hold your investment for a significant period of time before a "liquidation event" occurs. Also of note, Graze did have an LOI expire with LandCare, another top U.S. commercial landscaping company. 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. Rivian shares are down 82.9% in 2022 through Dec. 27. Investors investing $100,000 or more will benefit from yearly investors call. I considered getting it, but I decided to hire a gardener since I had more than just the lawn to take care of. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Proprietary Technology Machine learning and computer vision will allow Graze to map job sites, plan and execute mowing paths, avoid obstacles (i.e. 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. Start-up investing is risky. On the other side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. Labor costs in commercial landscaping are. Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . Currently there is no market or liquidity for these securities. These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. 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 . A Caltech graduate, Luke has consistently been rated one of the worlds top stock pickers by various other analysts and platforms, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Our success is based on our ability to raise capital in order to achieve a minimum viable product and move into production. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. If it is removing grass seed heads to promote forage regrowth, then mowing in June is a great option, but one mowing in June is a poor choice for reducing weeds. Set the boundary by mowing it once manually. As the demand for mowing services increases, so too will the demand from those service providers for mowing equipment. Graze accepts your investment, and certain regulatory procedures are completed, your money will All investors will receive quarterly update newsletters. Most importantly, do not invest money you cannot afford to lose. 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. Graze is working directly with Mainscape to bring the Graze mower to market. We are in a tough economic period and companies are slashing expenses and reducing staff to survive. Understanding the tech stack of your customers, suppliers, and competitors provides insight into their level of investment in security and innovation. Further, the start-up portion of your portfolio may include a balanced portfolio of different start-ups. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. Labor costs can account for 45% of gross revenue. All rights reserved. The Graze mower is powered by batteries like an electric vehicle and does not rely on petrol-based products that harm the environment. Graze Mowing. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. In the big picture, Graze has a huge opportunity ahead of it. Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. Download Graze's Safety-related workers compensation is also costly. 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. Pre-orders from Mainscape suggest initial pricing will be effective. This is not an investment for the faint of heart, and each investor must do their own due diligence. CEO John Vlay is an industry insider with 35 years of experience and an exit under his belt. The SEC Has Qualified That Offering Statement, Which Only Means That The Company May Make Sales Of The Securities Described By The Offering Statement. Disagree, argue, criticize, but no personal attacks. Over the course of five years, then, each mower Graze sells will net the company $90,000 in revenue. 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. Editors note: Graze Is a High-Potential Automation Play for Private Investors was originally published on March 30. I think this will be like you said big business. Follow View all 7 employees Report this company Report Report. To learn more about startup investment types check out How to Choose a Startup Investment in our academy. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. investment amount. More bullish projections suggest, due in large part to factors mentioned below, the domestic commercial lawn mower market could surpass $4 billion by 2024. A Graze mower consists of two large sections. After all, the company is pre-revenue. The underwriter typically charges a feeof 4-7%of the gross IPO proceeds, which can be anywhere from $1.5m to $100m+ depending on the deal size. John led Jensen Landscape as Chairman, CEO, and President for eleven of his 35 years with this award-winning landscape construction and maintenance company. An IPO is an initial public offering. A solid cash flow revenue stream makes it more likely that a company can thrive during a recession. It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment. I am a bot and sometimes not the smartest so if you feel your comment was removed in error please message the moderators. Mowing along roadsides should occur in late summer (August 1-31) to allow most nesting birds and small mammals to successfully rear their young. But these lawnmowers, outfitted with similar hardware used to . Please enable JavaScript in your browser settings and refresh the page. 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. Although the U.S. commercial landscaping industry is worth $98.7 . 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%. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. All rights reserved. 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. Top talent: CEO John Vlay has 35 years as an industry insider and CTO Roman Flores was part of the NASA/JPL team that put the Curiosity Rover on Mars. Join Graze CEO John Vlay and Sr. Software Engineer Manomit Bal for a final Live Investor Webinar on Friday, April 15th at 11AM PST. 2) Important: We have strict political posting guidelines (described here and here). If you have already funded your investment and your funds My bullishness on Graze can be succinctly broken down into two sentences. Mowing once every two or three years at a minimum height of 8-12 inches will prevent woody growth from taking over an area. Graze is both a hardware and a software company. Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. 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. The minimum investment is $1,001.40. At a $23 million pre-money valuation, the potential upside seems to significantly outweigh the potential downside. See https://www.grazemowing.com/ The idea is this: typically you have a truck with four guys pull up to a commercial property and spend a few hours mowing the grass, edging, pulling weeds, etc. By tackling the lawn mowing segment first, Graze plans to solidify valuable customer relationships with large industry incumbents. Moreover, no person nor any other person or entity assumes responsibility for the accuracy and completeness of forward-looking statements, and is under no duty to update any such statements to conform them to actual results. Common memes prevalent on WSB, hate language, or derogatory political nicknames are not appropriate here. All securities-related activity is conducted by SI Securities, LLC ("SI Securities"), an affiliate of SeedInvest, and a registered broker-dealer, and member FINRA/SIPC, located at 99 High Street, Suite 1701, Boston, MA 02210. will be a proud owner in Graze. 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. The software side allows for recurring revenue. 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. That service is necessary to keep the mower up-to-date and functioning. 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. Simply look at iRobot for proof of this. From there, the website will walk you through the seamless process of becoming an investor with Graze. Husqvarna has one already and if iRobot doesn't they certainly could. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. What makes Graze such an exciting opportunity? Future Labs V, Inc. dba "Graze Mowing . Graze Inc. Pfd. Many hardware and equipment manufacturers suffer from one and done customer purchasing. John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. The Company may not pay dividends for the foreseeable future. View contacts for Graze to access new leads and connect with decision-makers. Many people think . 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. Switch to Autonomous setting and press the MOW button to cut within your mapped area. Graze is a company thats building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. If perennial weeds are a problem, consider . Annual sales volumes hover around300,000 units. That service is necessary to keep the mower up-to-date and functioning. View information on the latest IPO's, expected IPO's, recent filings and IPO performance. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Additionally, we may not be able to make a transition to mass production, either via in house manufacturing or contract manufacturers. Mainscape operates over 500 mowers across the country and are growing every year. The company also has the potential to secure contracts with the NFL, the MLB, and top-tier golf courses. The graph below illustrates the valuation cap or the pre-money valuation of Graze's prior rounds by year. 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. Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. Public Fundamental Data provided by Morningstar, Inc. effects of dilution or grants special privileges in situations when the company is sold. Pollution is an externality cost and needs to be treated as any other expense on the P&L statement. What makes Graze such an exciting opportunity? Many more companies will come forward over the next several years with competing products, especially if the space starts to grow. We may be unable to convert our prototype to a minimum viable product that can easily be replicated and put into mass production. Please note that as a topic focused subreddit we have higher posting standards than much of Reddit: 1) Please direct all advice requests and beginner questions to the stickied daily threads. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. Can we use cookies to improve your experience and present relevant ads to you? 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. The bid is the highest amount that a buyer is currently willing to pay, whereas the ask is the lowest . 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. 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. Receive weekly tips to nourish your abundance mindset. Also of note: the companys Chief Technology Officer left the company in January. Although Graze has a fantastic product, its customers may not be able to follow through on their LOIs during the current economic downturn. for you to make an investment decision in their company. 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. Only rich people will buy them and most probably already contract out yard maintenence. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. Copyright $115B landscape industry plagued by high labor and maintenance costs. 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. Further assuming the company operates at iRobot-like gross margins (~50%) and opex rates (~40%), then Graze could be looking at $100 million in operating profits, or about $80 million after taxes. Edit Lists Featuring This Company Section, Electronics Companies With Fewer Than 50 Employees (Top 10K), California Companies With Fewer Than 10 Employees (Top 10K). Learn more. Graze also has terms with the city of Glendale and Pasadena. 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. 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. Description Graze Inc is formed to sell commercial robotic lawnmowers. Still, at this stage, estimates along these lines seem aggressive. 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. Possibility of fraud. Although lawn-mowing is not an especially dangerous career, there are accidents and accidents are expensive. While we plan to eventually do all production in house, initially we will be leveraging contract manufacturers as we build up scale. 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. 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 . Investments in startups are highly illiquid and those investors who cannot hold an investment for the long term (at least 5-7 years) should not invest. before investing. Learn More Yes They are developing an autonomous lawn mower for the commercial landscaping market. Getty. 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. 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. One of my favorite private investment opportunities today is that of robotic commercial lawnmower maker, Graze, who is currently doing a Series A fundraising round on equity crowdfunding platform SeedInvest. 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