We are also impressed by Grazes leadership experience. 2) Important: We have strict political posting guidelines (described here and here). Back Submit. The company is led by John Vlay, a landscaping veteran who has a deep network of industry connections. That service is necessary to keep the mower up-to-date and functioning. 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. These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. 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. 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. SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. Go edge, weed, blow, or team up on mowing while your robotic worker finishes the job. 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. Mowing itself is useful, using solar is a bad concept. Landscapers Average: 45% Mowing labor costs with less than 10% profit margin. Hey there, Graze community! This chart does not represent guarantees of future valuation growth and/or declines. Commercial landscaping and maintenance companies regularly purchase new equipment at the end of useful life spans (i.e., every 2-5 years). PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. The mower reduces a 4-man landscaping team, to a one mower and 2-man landscaping team, resulting in 50% labor savings. This might be useful for commercial properties. different from that of common stock. Graze is both a hardware and a software company. 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). 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 fact, VCs have poured $55B into agtech. 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. Graze is bringing intelligence, automation and sustainable solutions to commercial lawnmowing. Graze raised roughly $14.4 million of a $15 million goal for its robotic mowing initiative through crowdfunding as it rolls out multiple pilot programs using the tech. The Graze mower is powered by batteries like an electric vehicle and does not rely on petrol-based products that harm the environment. Last Funding Type Non-equity Assistance. 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 This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. Just stocks. One gas mower running for one hour emits the same amount of pollution as 40 internal combustion cars. 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. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained both here and below. In that robotic market, iRobot owns about 50% share. Minimum Investment:US $998 per investor. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt. Graze is high-risk, high-reward play on automation in the commercial landscaping market. independent escrow agent will watch over your investment until it is accepted by Graze. Also Known As nature delivered. 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). Disagree, argue, criticize, but no personal attacks. The savvy money blog for ambitious women. 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. Santa Monica, CA. The cutting deck is removable for easy access as well. The Top 3 Growth Stocks in Quantum Computing. An early-stage company may not have the benefit of such professional investors. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. 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. Check your inbox for a special message from me. Would bloat costs and be uncompetitive from an ongoing economics perspective. Specifically, Graze has signed LOIs from Mainscape, Sundale Country Club and Mirandas Landscape. Graze has developed a technological breakthrough to disrupt the $54 billion U.S. commercial landscaping market. These investors often negotiate for seats on the company's board of directors and play an important role through their resources, contacts and experience in assisting early-stage companies in executing on their business plans. gif. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm. Prior to Miso, Rob worked at Microsoft and SpaceX. The majority of the growing stuff is thistle and grass. Because of this, we may face issues developing a product and technology that can compete with other players in the market. Thanks to groundbreaking automated technologies, Graze is offering an innovative solution to one of the oldest industries. Robotics Advisor, Rob Anderson is currently the Co-Founder and Head of Mechanical Engineering at Miso Robotics. Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. Why? At that point, you Of note, Mainscape is the number 14 ranked commercial landscaping company in the U.S. Investing through equity and real estate crowdfunding or asset tokenization requires a high degree of risk tolerance. The $54 billion commercial landscaping industry in the US is a very manual, low-skilled, and low margin sector. 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 The bid is the highest amount that a buyer is currently willing to pay, whereas the ask is the lowest . Our products will automate the majority of landscape and maintenance service offerings, allowing our customers to hire and retain their most highly-skilled workers, to boost margins and to grow their businesses. We rely on a small management team to execute our business plan. 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). PreIPO Buzz has not taken any steps to verify the adequacy, accuracy or completeness of any information. before investing. Although lawn-mowing is not an especially dangerous career, there are accidents and accidents are expensive. You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement. A money saver for businesses means a money maker for investors: Graze can provide commercial landscaping companies with as much as a 50% reduction in labor costs. Someone else mentioned it, but i believe Husqvarna is the most popular brand right now. Nasdaq 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. My modeling suggests this could be a billion dollar company one day. The information on this page includes the company overview, Didn't/wouldn't. The founder of Money & Mimosas. Lawn-mowing and other lawn-care services are up over 20% year over year. 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. 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. Plans call to release a finished product late this year. 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. Because of this, we may face issues developing a product and technology that can compete with other players in the market. Keep reading to decide for yourself. 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. Graze, however, will be the first of its kind in commercial mowing - a fully electric, fully autonomous commercial lawn mower. 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. 3) This is an open forum but we expect you to conduct yourself like an adult. 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. I posted this a few weeks ago: https://www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/. Mow the Middle. All investors will receive quarterly update newsletters. Estimates are tough to find, but there are about13 million commercial lawnmowersin the U.S. Switch to Autonomous setting and press the MOW button to cut within your mapped area. Start-up investing is risky. Graze Inc is formed to sell commercial robotic lawnmowers. Check out the background of our broker-dealer and investment professionals on FINRA's broker/check. 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. Valuation: $17 billion. The software side allows for recurring revenue. Map the Perimeter. The software side allows for recurring revenue. 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. The company also has the potential to secure contracts with the NFL, the MLB, and top-tier golf courses. As such, it is difficult to determine how we will perform, as our core product has yet to come to market. In addition to these risks, you should carefully consider the specific information and risks 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. quotes delayed at least 15 minutes, all others at least 20 minutes. 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. Join Graze CEO John Vlay and Sr. Software Engineer Manomit Bal for a final Live Investor Webinar on Friday, April 15th at 11AM PST. Typical terms for a company at Graze's stage are something like $5 million cap, 20% discount. 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. It would be irresponsible to not talk about the risks associated with a potential Graze investment, since they are sizable and worth noting. Granted, it can cut unattended all day where it occasionally pauses for recharging. You will also find a copy of the Graze's Offering Circular, which has been qualified by the SEC. The companies displayed are (or were) private companies that we believe may be relevant to individuals interested in the pre-IPO market. Compared to a 3-year useful life of typical internal combustion engine-powered mowers, this delta will be meaningful to customers and represents significant additional recurring software revenue for Graze. Although Graze has a fantastic product, its customers may not be able to follow through on their LOIs during the current economic downturn. First, our Series B is now open for investments! Investing in startups is very risky, highly speculative, and should not be made by anyone who cannot afford to lose their entire investment. 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. 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 . Possibility of fraud. 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. In September . That service is necessary to keep the mower up-to-date and functioning. We plan to initially rely on third-party manufacturers. Govt building lawns and sports fields still using grass. No. 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. 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. This statement reflects management's current views with respect to future events and is subject to risks and uncertainties. With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. 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