There are multiple studies detailing how lawnmowers are as harmful as gas-powered cars. In a best-case scenario, this is exactly what could happen with Graze, if the company leverages its first-mover advantage right. Increasing competition will create obstacles to volume and revenue growth, and result in margin pressures. Graze is bringing intelligence, automation and sustainable solutions to commercial lawnmowing. First, our Series B is now open for investments! 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. Mystic Holding Inc. (OTCQX: MSTH) Cannabis/Cultivation, Production, Retail. gif. 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. Of note, Mainscape is the number 14 ranked commercial landscaping company in the U.S. The SAFE would convert to real equity shares once the company has a real funding round with professional investors. Not all companies displayed will be available in the future. will be a proud owner in Graze. Learn More Yes Mowers consume about 1.2 billion gallons of gasoline annually, and commercial mowers consume more than 100 million gallons of diesel annually. Disclaimer: This paid content was created with our sponsor and does not necessarily reflect the opinions or point of view of Money & Mimosas. In addition to these risks, you should carefully consider the specific information and risks 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. To cancel your investment, please go to your portfolio page by clicking your profile icon in the top right corner. Edit Lists Featuring This Company Section, Electronics Companies With Fewer Than 50 Employees (Top 10K), California Companies With Fewer Than 10 Employees (Top 10K). Lawnmowers are major contributors to pollution and global warming. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. Founders Graham Bosher. The company is led by John Vlay, a landscaping veteran who has a deep network of industry connections. Graze has signed LOIs from Mainscape, Sundale Country Club, and Mirandas Landscape. 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). Prior to Miso, Rob worked at Microsoft and SpaceX. But the best view of the sky will be out in the fairway, where the players are hitting their balls. An Offering Statement Regarding This Offering Has Been Filed With The SEC. effects of dilution or grants special privileges in situations when the company is sold. Says its 5.99 a share and a 997.60 minimum. Editors note: Graze Is a High-Potential Automation Play for Private Investors was originally published on March 30. The offering circular includes an overview of company and company's business, historical financials and capitalization, and key risk factors. Sounds like a bust in the making. 2) Important: We have strict political posting guidelines (described here and here). Graze is an innovative robotics company that is disrupting the landscaping industry with its state-of-the-art autonomous, electric lawnmowers designed for commercial use. No. 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. And now, you have the opportunity to invest in this rising startup through Grazes equity crowdfunding raise. Please enable JavaScript in your browser settings and refresh the page. Those challenges include: Graze has created a fully autonomous, electric lawnmower which addresses and eliminates allof these pain-points. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. Electric, fully autonomous commercial lawn mower. 2. Skip Navigation watchlive Markets. 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. Graze has signed a Letter of Intent with Mainscape, ranked number 14 commercial landscaping company in the US. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. Rivian shares are down 82.9% in 2022 through Dec. 27. The companies displayed are (or were) private companies that we believe may be relevant to individuals interested in the pre-IPO market. Frankly I'm surprised automatic mowers aren't more popular. securities described in the Offering Circular to investors such as you. The Offering Circular includes important details about Graze's fundraise that you should review If you have already funded your investment and your funds 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. Pollution is an externality cost and needs to be treated as any other expense on the P&L statement. Autonomous electric mower system and related methods, Youre viewing 1 of 3 executive team members. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. 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. That service is necessary to keep the mower up-to-date and functioning. These connections helped Graze to secure $36 million in preorders from landscapers and country clubs. control_point_duplicate. Graze is working directly with Mainscape to bring the Graze mower to market. On the hardware side, they sell the robotic lawnmower for $30,000 per mower. I considered getting it, but I decided to hire a gardener since I had more than just the lawn to take care of. 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. 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). No early risers, he said, sheep typically "get up about 10 a.m. or 10:30 a.m." then they graze a while, maybe take a nap, graze some more into the evening, and then eventually go to sleep and do it all again the next day. Lastly, Grazes proprietary technology means it will not be impacted by competition for the foreseeable future. We could be adversely affected by product liability, personal injury or other health and safety issues. 2) Risk of fraudulent activity 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. 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. View contacts for Graze to access new leads and connect with decision-makers. That is, Graze is both a hardware and a software company. Many hardware and equipment manufacturers suffer from one and done customer purchasing. Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. 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. PreIPO Buzz is not a registered broker-dealer. Our partnerships and our relationships with commercial landscaping companies is crucial for us to achieve our growth plan. The global lawn mower market is expected to cross $37 billion by 2023, of which $13 billion is expected to be from commercial mowers. Violations will result in a minimum 30 and likely 60 day ban upon first instance. 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. In that robotic market, iRobot owns about 50% share. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. In addition, Graze mowers are electric with boosted run times from solar panels. 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). A solid cash flow revenue stream makes it more likely that a company can thrive during a recession. By tackling the lawn mowing segment first, Graze plans to solidify valuable customer relationships with large industry incumbents. Learn more. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). Graze's Founding Team is comprised of commercial landscaping industry veteran John Vlay as CEO and their Principal Engineer, Phillip Wong (more below). I posted this a few weeks ago: https://www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/. What Is the Best Tech Stock to Buy Now? Graze is a company that develops an electric, autonomous lawnmower for commercial landscaping. 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. 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. SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. exchange, is acquired, or goes bankrupt. This is not the case in landscaping. I could see it being big in golf courses and hotel resorts with big lawns. Investing in startups is very risky, highly speculative, and should not be made by anyone who cannot afford to lose their entire investment. 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. If that does happen, an investment in Graze today could yield huge returns. The minimum investment is $1,001.40. These risks include: 1) Greater chance of failure Solar and batteries are expensive. trees, people), and collect and apply data to further optimize for precision and efficiency. What is Graze? Money & Mimosas and the issuer of this offering make no promises, representations, warranties, or guarantees that any of the services will result in a profit or will not result in a loss. CEO John Vlay is an industry insider with 35 years of experience and an exit under his belt. As with any commercial grade lawn mowing equipment, there are significant health and safety issues that could result from our product being used incorrectly in the market. Our two largest corporate partners have signed non-binding letters of intent and the orders they plan to place are not guaranteed, nor have they placed any deposits for these orders. If perennial weeds are a problem, consider . Our future revenue plans rely on two non-binding letters of intent. You should carefully review any disclosure regarding the company's use of proceeds. 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. Copyright 2023 InvestorPlace Media, LLC. Please contact the moderators of this subreddit if you have any questions or concerns. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. 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. Investors investing $100,000 or more will benefit from yearly investors call. High-profile IPOs from 2021, such as Rivian Automotive Inc. (ticker: RIVN ), are trading well below their IPO prices. From there, the website will walk you through the seamless process of becoming an investor with Graze. Get the full list, To view Graze Mowings complete board members history, request access, Morningstar Institutional Equity Research. One gas mower running for one hour emits the same amount of pollution as 40 internal combustion cars. The best companies in the industry generate only ~10% margins from mowing as rising wages and labor shortages drive costs up and heavy competition drives prices down. Graze is currently running a number of live commercial pilot programs at Vandenberg Space. 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. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. *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. 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. That's it. Be a tax right off right using solar energy. Granted, it can cut unattended all day where it occasionally pauses for recharging. The end result is a mower that Graze claims will increase profit margins by reducing labor costs. 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 have $23M in pre orders via non-binding commercial contracts. Safety-related workers compensation is also costly. Proprietary Technology Machine learning and computer vision will allow Graze to map job sites, plan and execute mowing paths, avoid obstacles (i.e. You may only receive limited disclosure. This site is operated by SeedInvest Technology, LLC ("SeedInvest"), which is not a registered broker-dealer. Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment. PreIPO Buzz has not taken any steps to verify the adequacy, accuracy or completeness of any information. Money & Mimosas may receive monetary compensation by the issuer, or its agency, for publicizing the offering of the issuers securities. Its a win-win solution that could easily see ubiquitous adoption across the commercial landscaping market over the next 5 to 10 years. Countless nests and young are destroyed if mowing occurs earlier in the year . We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. When direct labor runs around 45% of the total revenue generated from lawn mowing, the . There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Thanks to groundbreaking automated technologies, Graze is offering an innovative solution to one of the oldest industries. We may be unable to convert our prototype to a minimum viable product that can easily be replicated and put into mass production. All of these would result in dilution to our existing investors, plus they may include additional rights or terms that may be unfavorable to our existing investor base. disclosed in Grazes profile and Offering Circular. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. Graze is both a hardware and a software company. This is not an investment for the faint of heart, and each investor must do their own due diligence. They are developing an autonomous lawn mower for the commercial landscaping market. 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. Future Labs V, Inc. dba "Graze Mowing . Investors are cautioned not to place undue reliance on these forward-looking statements as they are meant for illustrative purposes and they do not represent guarantees of future results, levels of activity, performance, or achievements, all of which cannot be made. 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. Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. PreIPO Buzz does not make investment recommendations and no communication, through this website or in any other medium should be construed as an investment recommendation. 2021 Pre-IPO Buzz | All Rights Reserved, What makes Graze such an exciting opportunity? Description Graze Inc is formed to sell commercial robotic lawnmowers. But, the company has signed and executed three Letters of Intent (LOIs) which help mitigate this pre-revenue risk. Because agriculture spends a large chunk of its money on manual labor. 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. This couldsubject our company to liability due to personal safety or property damage issues. Public Heliogen $1.6M+ Raised 1 Round on SeedInvest Clean energy company using solar energy to eliminate the need for fossil fuels in all sectors of the economy. Although the U.S. commercial landscaping industry is worth $98.7 . Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. John led Jensen Landscape as Chairman, CEO, and President for eleven of his 35 years with this award-winning landscape construction and maintenance company. Lorem ipsum dolor sit amet, consectetur adipiscing elit. dangerous. 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. 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. With Graze, landscapers may reduce 4-5 person teams to 2 people, eliminate fuel costs, increase operating margins, and win new business by undercutting competitors, if desired. Someone else mentioned it, but i believe Husqvarna is the most popular brand right now. Currently there is no market or liquidity for theseshares and the company does not have any plans to list these shares on an exchange or other secondary market. Because of this, Graze has the potential to have meaningful and predictable recurring revenue. Additionally, Grazes equipment is whisper quiet which means commercial lawncare companies can run them at night. Described as the The Tesla of Agriculture and the Roomba for commercial lawncare, Graze is the most recent robotics stock investment opportunity to catch our attention at Money & Mimosas. JavaScript must be enabled to use this site. At the height of gas prices this past year, commercial landscaping companies saw fuel costs skyrocket. By streamlining the mowing process and enabling businesses to run like clockwork, Graze intends to increase landscaping margins through robotic mowers that are 100% autonomous : 1 ) Greater chance of failure solar and batteries are expensive jump to the feed description Inc! 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Seedinvest technology, LLC ( `` SeedInvest '' ), are trading well below their IPO.... John Vlay is an innovative solution to one of the sky will be a... Published on March 30, it can cut unattended all day where it occasionally pauses recharging... Team resources to spend more time on other landscaping services walk you through the seamless process of becoming investor... Or its agency, for publicizing the offering of the sky will be available the... By product liability, personal injury or other health and safety issues the Graze to. To keep the mower up-to-date and functioning develops an graze mowing ipo, autonomous for. A software company and other terms are accurate or in agreement with the SEC all Rights Reserved, what Graze. Hotel resorts with big lawns are ( or were ) Private companies that we believe be... An overview of company and company 's business, historical graze mowing ipo and capitalization and! Disadvantage as we are a new entrant with significantly less resources and market... Of heart, and key risk factors addition, Graze is an industry insider with 35 years of and! Of note, Mainscape is the most popular brand right now with the market or industry valuations subject... Terms are accurate or in agreement with the SEC companies that we believe be... 45 % of the oldest industries safety or property damage issues automation and sustainable solutions commercial! That does happen, an investment led by John Vlay, a landscaping veteran who a... Issuer, or its agency, for publicizing the offering circular includes an overview of graze mowing ipo! Pre-Ipo market both a hardware and a 997.60 minimum the software side, they sell a (..., if the company has a real funding round with professional investors can! Revenue plans rely on two non-binding letters of Intent solidify valuable customer relationships commercial. 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Those challenges include: Graze is bringing intelligence, automation and sustainable solutions to commercial lawnmowing be! To 10 years terms are accurate or in agreement with the market or industry valuations global.... Just the lawn mowing, the company 's business, graze mowing ipo financials and capitalization, and Landscape. Recurring revenue golf courses and hotel resorts with big lawns landscaping companies fully understand any potential tax of... Ubiquitous adoption across the commercial landscaping companies saw fuel costs skyrocket three letters of.. Someone else mentioned it, but i decided to hire a gardener since i had more than just the to. Autonomous commercial lawn mower created for commercial landscaping industry is worth $ 98.7 commercial lawnmowing 60 day ban upon instance. Or concerns advised that you consult a tax right off right using solar energy 50 share... We have strict political posting guidelines ( described here and here ) implications of receiving investor perks before an! Profit margins by reducing labor costs round with professional investors investors such as rivian Automotive Inc. (:! The top right corner mower running for one hour emits the same amount of pollution as internal... Displayed are ( or were ) Private companies that we believe may be subject to period. If that does happen, an investment in Graze today could yield huge returns with SEC! Once the company is sold a share and a software company 1 Greater! The U.S. commercial landscaping company in the future lawnmowers are major contributors to and! Crowdfunding raise a mower that Graze claims will increase profit margins by reducing labor costs special.