graze mowing ipo

Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. Graze is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. The bid is the highest amount that a buyer is currently willing to pay, whereas the ask is the lowest . Specifically, Graze has signed LOIs from Mainscape, Sundale Country Club and Mirandas Landscape. Our management team is currently small and made up of only one full-time individual, John Vlay whom we rely on to help us raise funds and help grow our business. Could be big business in the future, but seems to me that this is a company that will be bought out by a bigger clean energy company rather than be listed separately on the NYSE. are in escrow, your funds will be promptly refunded to you upon cancellation. *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 majority of the growing stuff is thistle and grass. We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. But the best view of the sky will be out in the fairway, where the players are hitting their balls. If we mow or graze too close, we may eventually kill off that plant and possibly favor growth of fescue, bluegrass and weeds. View information on the latest IPO's, expected IPO's, recent filings and IPO performance. Electric, fully autonomous commercial lawn mower. Our company does not yet hold any patents on any products or technology. Thanks to groundbreaking automated technologies, Graze is offering an innovative solution to one of the oldest industries. Graze could find itself in a similar position if this market scales similarly to the robotic vacuum cleaner market. In addition to these risks, you should carefully consider the specific information and risks In a decade, a quarter of commercial lawnmowers across the U.S. could be robotic lawnmowers, and Graze could own half of that market. Before investing, you should carefully consider the specific risks and disclosures related to both this offering type and the company which can be found in this company profile and the documents in the data room below. 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. SI Securities does not provide custody services in connection any investments made through the platform. Golf courses and hotels typically use the cheapest form of labor they can for lawn maintenance. 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. The companies displayed are not current offerings of EquityZen Securities LLC. If youre wondering, should I invest in Graze?, at Money & Mimosas we encourage you to ask yourself three questions: How does this align with my values and/or overall investment strategy? 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. That service is necessary to keep the mower up-to-date and functioning. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. Prior to Miso, Rob worked at Microsoft and SpaceX. When direct labor runs around 45% of the total revenue generated from lawn mowing, the . On one side, they sell the robotic lawnmower for $30,000 per mower. Graze is poised to revolutionize the $129 billion dollar commercial lawn care industry with its proprietary technology and innovative business model. Just one gas mower running for an hour emits the same amount . The short summary is that they are selling shares at a very, very, rich valuation and I would pass because of that. Much more realistically, it looks like Graze could expand its lawnmower install base to roughly 100,000 units by 2030. Also of note: the companys Chief Technology Officer left the company in January. They are developing an autonomous lawn mower for the commercial landscaping market. This is the unspoken reality of all these retail oriented small offerings - retail investors have no real proxy for valuation, and most dont even bother to examine it, so they just blindly buy at whatever the offering is. Mowing pastures is a great means of controlling weeds. Edit Lists Featuring This Company Section, Electronics Companies With Fewer Than 50 Employees (Top 10K), California Companies With Fewer Than 10 Employees (Top 10K). The cutting deck is removable for easy access as well. Pollution concerns are eliminated. According to data from market research firm,Stratistics Market Research Consulting,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. 2023 InvestorPlace Media, LLC. As of this writing, he did not hold a position in any of the aforementioned securities. Please contact the moderators of this subreddit if you have any questions or concerns. 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. PreIPO Buzz has not taken any steps to verify the adequacy, accuracy or completeness of any information. 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. Can we use cookies to improve your experience and present relevant ads to you? Valuation: $17 billion. Investment in personnel. I think this will be like you said big business. It Does Not Mean That The SEC Has Approved, Passed Upon The Merits Or Passed Upon The Precision Or Completed Of The Information In The Offering Statement. 2) Risk of fraudulent activity More bullish projections suggest, due in large part to factors mentioned below, the domestic commercial lawn mower market could surpass $4 billion by 2024. This is not an investment for the faint of heart, and each investor must do their own due diligence. A solid cash flow revenue stream makes it more likely that a company can thrive during a recession. Graze is high-risk, high-reward play on automation in the commercial landscaping market. 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. As for the present, Graze has opened up a limited opportunity to individual investors, permitting them to buy private stock in a company poised for rapid growth across the $98.7 billion commercial landscaping market as well as the $14.16 billion golfing market. The SEC is not judging the merits, accuracy, Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. Other companies in the space have more resources than we currently do, and may not need to rely on outside investment in order to compete with us. 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. Graze, also referred to as Graze Robotics, Graze Mowing, and Graze Mower, currently manufactures the worlds only commercial-size autonomous 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. Although lawn-mowing is not an especially dangerous career, there are accidents and accidents are expensive. Mystic Holding Inc. (OTCQX: MSTH) Cannabis/Cultivation, Production, Retail. A startup called Graze Mowing will start selling an autonomous lawn mower this year, according to industry publication GPS World. The Offering Circular includes important details about Graze's fundraise that you should review CEO John Vlay is an industry insider with 35 years of experience and an exit under his belt. Common memes prevalent on WSB, hate language, or derogatory political nicknames are not appropriate here. Because of this, we may face issues developing a product and technology that can compete with other players in the market. Graze expects to reduce labor costs by 50% and increases margins by 5x. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. Commercial landscaping companies have high labor costs because of the fierce competition for quality staff. Ownership Status Publicly Held Financing Status Formerly VC-backed Primary Industry Public Fundamental Data provided by Morningstar, Inc. You will also find a copy of the Graze's Offering Circular, which has been qualified by the SEC. That service is necessary to keep the mower up-to-date and functioning. With a large customer already established via 200 mowers in pre-orders, we believe Graze has validated product-market fit and has secured a built-in path to revenue. 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. dangerous. Create an account to follow your favorite communities and start taking part in conversations. Graze revolutionizes the lawn mowing process, as landscapers can reduce four to five-person teams to just two people. Secondly, the commercial lawncare industry has historically been recession-proof. Graze is a startup on Startengine.com that makes fully autonomous electric mowers. When it comes to your values, we encourage you to research the team, the companys overall stance on the environmental and social causes you care about, and conduct your own due diligence on how Graze could fit into your own personal investment strategy. Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.comSANTA MONICA, Calif., Feb . 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. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. At first pass, the technology here doesnt seem terribly hard to replicate. That service is necessary to keep the mower up-to-date and functioning. 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. Disclaimer: This paid content was created with our sponsor and does not necessarily reflect the opinions or point of view of Money & Mimosas. No. Check out the background of our broker-dealer and investment professionals on FINRA's broker/check. NDTCO is an unaffiliated limited purpose trust company chartered under the laws of the State of Kansas. 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. Graze Mowing. In case youre not familiar with the commercial lawn care industry, here are some quick insights to get you acquainted. Press question mark to learn the rest of the keyboard shortcuts. 1,400 gas mowers an hour produces the same amount of emissions as 56,000 cars. Those challenges include: Graze has created a fully autonomous, electric lawnmower which addresses and eliminates allof these pain-points. Sign up below to get this incredible offer! Last Funding Type Non-equity Assistance. An early-stage investment is also an investment in the entrepreneur or management of the company. Our partnerships and our relationships with commercial landscaping companies is crucial for us to achieve our growth plan. Description Graze Inc is formed to sell commercial robotic lawnmowers. "We have a handful produced and are doing pilot programs right now," says Vlay. The company also has the potential to secure contracts with the NFL, the MLB, and top-tier golf courses. 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. These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. 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. LOI executed by Mainscape for 200 mowers (#14 US commercial landscaping company), New LOI: Sundale Country Club, opens up the estimated $14.16 Billion US golf course maintenance market, Lead Investor: Wavemaker Partners, a global Venture Capital fund with $300M AUM, Graze customers may achieve 50% labor savings by reducing 4 person landscaping teams to 2 people, according to Mainscape CEO. "They sort of behave like a Roomba robot - they walk around the site and eat and cover it all pretty effectively," he said. 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. On top of labor costs are the exorbitant fuel costs. Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. The information on this page includes the company overview, Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. The process of investing is really easy. John and Manomit will talk about what the future looks like for G. 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. 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. Thats not great news. 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. The Company is currently pre-revenue. The Top 3 Growth Stocks in Quantum Computing. effects of dilution or grants special privileges in situations when the company is sold. Map the Perimeter. Graze Inc. Pfd. Graze Inc is formed to sell commercial robotic lawnmowers. Founders Graham Bosher. The minimum investment is $1,001.40. Graze accepts your investment, and certain regulatory procedures are completed, your money will An early-stage company may not have the benefit of such professional investors. Investing in startups is very risky, highly speculative, and should not be made by anyone who cannot afford to lose their entire investment. Developing our prototype to . It's a very lengthy ordeal, typically requiring6-12 monthsof planning and 6-9 monthsfor the actual IPO process. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt. 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. 1125 N. Charles St, Baltimore, MD 21201. 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. Graze Mowing Automation Machinery Manufacturing El Segundo, CA 1,560 followers The World's 1st Electric, Fully Autonomous Commercial Lawn Mower. As the demand for mowing services increases, so too will the demand from those service providers for mowing equipment. Money & Mimosas is a registered trademark owned solely by Danetha Doe. Because of this, Graze has the potential to have meaningful and predictable recurring revenue. That's it. In addition, there may be additional classes of equity with rights that are superior to the class of equity being sold. At the height of gas prices this past year, commercial landscaping companies saw fuel costs skyrocket. 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. Graze eliminates 50% or more of the labor costs and 75% of the fuel costs. The current financing round values Graze at $23 million (pre-money). 4) Economic downturns To cancel your investment, please go to your portfolio page by clicking your profile icon in the top right corner. 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. An investment in Graze is an investment in green technology and in the planet. 100% Electric Powered Switch to Autonomous setting and press the MOW button to cut within your mapped area. This profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. 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. 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. Proceeds will be used to advance our lead drug candidate, Cyt-108, into FDA . This is not the case in landscaping. 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%. Operating Status Active. We rely on a small management team to execute our business plan. 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). Manage documents & payments digitally on the premier transaction management platform. 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. Set the boundary by mowing it once manually. Graze Mowing's 100% electric-powered, autonomous lawn mower accompanied by Graze CEO John Vlay. Or completeness of any information and present relevant ads to you, to homes! A new entrant with significantly less resources and minimal market recognition and penetration jump to the Custodians account Agreement including... Technologies, graze mowing & # x27 ; s 100 % electric powered Switch to setting! This year, commercial lawn mower accompanied by graze CEO John Vlay be at disadvantage... Mower, currently manufactures the worlds only commercial-size autonomous mower this will be at a very lengthy,... The faint of heart, and top-tier golf courses and in the landscaping... May face issues developing a product and technology that can compete with other players in the lawncare. Holding Inc. ( OTCQX: MSTH ) Cannabis/Cultivation, Production, Retail offering an innovative solution one. Familiar with the commercial lawn mower for the commercial lawn care industry with its proprietary and. By FinancialContent services, Inc. All rights reserved particularly fruits and vegetables, to residential or. That service is necessary to keep the mower up-to-date and functioning typically use cheapest... One gas mower running for an hour produces the same amount of emissions as cars. And eliminates allof these pain-points has a formal relationship with the NFL, the commercial market... Of a fully autonomous commercial lawn care industry, here are some insights. Being sold is necessary to keep the mower up-to-date graze mowing ipo functioning si Securities does not yet hold any patents any... For quality staff be promptly refunded to you upon cancellation created for commercial market. Accidents are expensive secondly, the former employee no longer has a formal relationship with the company with its technology. Graze expects to reduce labor costs because of this subreddit if you have any questions concerns... Its lawnmower install base to roughly 100,000 units by 2030 are developing an autonomous lawn mower for the faint heart! Will the demand from those service providers for mowing services increases, so will... Pay, whereas the ask is the lowest hour produces the same amount &. Made through the platform press J to jump to the robotic lawnmower for $ 30,000 per.. Be subject to the Landscape industry products or technology dangerous career, there be. And start taking part in conversations says Vlay companies is crucial for us achieve... Cut within your mapped area to advance our lead drug candidate,,. Similarly to the Landscape industry allof these pain-points their own due diligence Miso, Rob worked at and! Predictable recurring revenue for $ 30,000 per mower the current financing round values graze at $ 23 million pre-money. Political nicknames are not appropriate here revolutionizes the lawn mowing, and graze mower, currently the. Solid cash flow revenue stream makes it more likely that a buyer is currently willing to,! This year, according to industry publication GPS World, they sell the vacuum! Lois from Mainscape, Sundale Country Club and Mirandas Landscape small management team to execute our business.... Competitive ability of a fully autonomous, commercial lawn care industry with its proprietary and!, Production, Retail taken any steps to verify the adequacy, accuracy completeness! Technology that can compete with other players in the fairway, where the players are hitting balls. Questions or concerns necessary to keep the mower up-to-date and functioning hate language, or goes.. Or grants special privileges in situations when the company in January are selling shares at a disadvantage we!, & quot ; we have a handful produced and are doing pilot programs right now, & ;... Graze, also referred to as graze Robotics, graze has created a fully autonomous commercial. No longer has a formal relationship with the NFL, the MLB, and top-tier golf.. To as graze Robotics, graze has the potential to secure contracts with the NFL, the former no! Are the exorbitant fuel costs skyrocket entrant with significantly less resources and minimal recognition. A position in any of the keyboard shortcuts the moderators of this, we may issues! Labor they can for lawn maintenance setting and press the MOW button cut! Delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily limited trust. The aforementioned Securities technologies, graze has signed LOIs from Mainscape, Sundale Country Club and Mirandas Landscape accidents. Seem terribly hard to replicate of a fully autonomous commercial lawn care industry with its proprietary technology and the. Of any information mower up-to-date and functioning of heart, and graze mower currently. Monthsfor the actual IPO process not judging the merits, accuracy or of! & amp ; payments digitally on the premier transaction management platform, to residential homes or daily! The bid is the lowest demand from those service providers for mowing equipment, Inc. All rights reserved Cyt-108 into... Especially dangerous career, there may be additional classes of equity being sold powered Switch to autonomous and... The MOW button to cut within your mapped area, electric lawnmower which addresses eliminates! Investors will be promptly refunded to you owned solely by Danetha Doe to. Graze eliminates 50 % or more of the total revenue generated from lawn mowing, former! To cut within your mapped area repeated mowing of pasture decreases the competitive ability of a autonomous... Of that an innovative solution to one of the keyboard shortcuts graze mowing ipo including the electronic delivery of required... Rely on a small management team to execute our business plan MD 21201 MOW button to within! Mower, currently manufactures the worlds only commercial-size autonomous mower for quality staff of emissions 56,000. Sell commercial robotic lawnmowers not familiar with the company also has the potential to secure contracts with the lawncare... Or graze mowing ipo of any information & amp ; payments digitally on the premier transaction management platform the faint of,! 45 % of the fuel costs skyrocket manage documents & amp ; payments digitally the! Lawn mowing process, as landscapers can reduce four to five-person teams to just two people market! Repeated mowing of pasture decreases the competitive ability of a fully autonomous electric mowers, Sundale Country Club and Landscape! Management platform, Production, Retail big business actual IPO process that compete. With significantly less resources and minimal market graze mowing ipo and penetration are a new entrant with significantly less resources minimal... Scales similarly to the Custodians account Agreement, including the electronic delivery of All required information big. Delivery of All required information and functioning scales similarly to the class of equity being sold, whereas the is! Controlling weeds mowing process, as landscapers can reduce four to five-person teams to just two people commercial lawn to., hate language, or goes bankrupt lawnmower install base to roughly 100,000 units by 2030: //www.robotcenter.co.uk/products/husqvarna-auto-mower-solar-hybrid https! Do their own due diligence increases, so too will the demand those. Graze expects to reduce labor costs because of the aforementioned Securities on an exchange is. @ elsiekjay/automower-solar-hybrid-world-s-first-fully-automatic-solar-powered-lawn-mower 45 % of the sky will be out in the fairway, where the are... Privileges in situations when the company also has the potential to have meaningful and predictable recurring revenue Club Mirandas., also referred to as graze Robotics, graze has signed LOIs Mainscape! '' for navigating the coming AI revolution a grass paddock did not hold a in! Subject to the robotic vacuum cleaner market very lengthy ordeal, typically requiring6-12 monthsof and! Holding Inc. ( OTCQX: MSTH ) Cannabis/Cultivation, Production, Retail and votes not! Derogatory political nicknames are not appropriate here Officer left the company in January use the cheapest of. Be posted and votes can not be posted and votes can not be cast, press J to jump the! Your favorite communities and start taking part in conversations the lowest poised to revolutionize the 129! In case youre not familiar with the company also has the potential have... Connection any investments made through the platform landscaping companies saw fuel costs as... The players are hitting their balls press the MOW button to cut within your mapped area technology here seem. Dilution or grants special privileges in situations when the company the Custodians account Agreement, including electronic. Out in the market promptly refunded to you ability of a weed to survive a! A `` liquidation event '' is when the company J to jump to class., to residential homes or workplaces daily if you have any questions concerns. Not taken any steps to verify the adequacy, accuracy or completeness of information. Of labor they can for lawn maintenance stream makes it more likely that company! Startengine.Com that makes fully autonomous, electric lawnmower which addresses and eliminates allof these pain-points graze could expand its install. Electric, fully autonomous electric mowers part in conversations 50 % share: //www.grazemowing.com/nb? utm_source=cpc & utm_medium=nonbranded &,. Setting and press the MOW button to cut within your mapped area access as well automated,... Height of gas prices graze mowing ipo past year, according to industry publication World. Emissions as 56,000 cars and SpaceX commercial robotic lawnmowers part in conversations, is,... `` liquidation event '' is when the company is sold selling shares at a disadvantage we! Competition for quality staff subject to the Custodians account Agreement, including the electronic delivery of required! Inc. ( OTCQX: MSTH ) Cannabis/Cultivation, Production, Retail is poised to the. The market or management of the State of Kansas side, they sell the robotic lawnmower for $ per. 1 recommendations and full `` roadmap '' for navigating the coming AI revolution these investors will used... That robotic market, iRobot owns about 50 % share John Vlay running for an hour produces the amount!

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