Back Submit. Can we use cookies to improve your experience and present relevant ads to you? Graze Mowing. Graze has signed a Letter of Intent with Mainscape, ranked number 14 commercial landscaping company in the US. View the investment terms and details to see how you can be a part of. Graze Mowing. 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. "The SEC has qualified this offering" means the SEC has permitted Graze to offer for sale the With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . No. The companies displayed are (or were) private companies that we believe may be relevant to individuals interested in the pre-IPO market. High-profile IPOs from 2021, such as Rivian Automotive Inc. (ticker: RIVN ), are trading well below their IPO prices. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. The Top 3 Growth Stocks in Quantum Computing. Granted, it can cut unattended all day where it occasionally pauses for recharging. 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. exchange, is acquired, or goes bankrupt. Annual sales volumes hover around300,000 units. This site is operated by SeedInvest Technology, LLC ("SeedInvest"), which is not a registered broker-dealer. 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. The $54 billion commercial landscaping industry in the US is a very manual, low-skilled, and low margin sector. 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. Pre-orders from Mainscape suggest initial pricing will be effective. Within the United States, commercial lawn mowers represented $1.4 billion of the $5 billion lawn mower market in 2016. Graze has signed LOIs from Mainscape, Sundale Country Club, and Mirandas Landscape. Valuation and capitalization. Safety-related workers compensation is also costly. 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. Lawn-mowing and other lawn-care services are up over 20% year over year. While commercial, gas-powered, human-driven mowers can cost between $5,000 - $15,000, Graze expects to receive minimal pushback from customers on its upfront and recurring costs, considering its impact on customer P&Ls. Graze is both a hardware and a software company. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. The bid is the highest amount that a buyer is currently willing to pay, whereas the ask is the lowest . Hi, welcome to r/investing. Follow View all 7 employees Report this company Report Report. 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. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. Graze Mowing Automation Machinery Manufacturing El Segundo, CA 1,560 followers The World's 1st Electric, Fully Autonomous Commercial Lawn Mower. 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. Start-up investing is risky. You head over to the Graze stock page and enter your email information into the invitation box. 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. 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. 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. On the hardware side, they sell the robotic lawnmower for $30,000 per mower. Our 7 Top Picks. list these securities on a national exchange or another secondary market. Although Graze has a fantastic product, its customers may not be able to follow through on their LOIs during the current economic downturn. The LOI with that company for the purchase of 200 mowers, which could represent $18 million in revenue for Graze. 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. Graze, the 100% electric lawn mower, is addressing labor shortages and environmental waste issues in the $129 billion commercial landscaping industry. The short summary is that they are selling shares at a very, very, rich valuation and I would pass because of that. Robinhood Markets Inc . Customer securities and account balances, not held directly by the customer or in escrow, are held by New Direction Trust Company (NDTCO) for the benefit of customers. 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. Graze expects to reduce labor costs by 50% and increases margins by 5x. At present, the robotic vacuums account forabout 25%of the total vacuum cleaner market. Didn't/wouldn't. 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. 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 . Graze Inc. Pfd. Developing our prototype to . All securities listed here are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. When direct labor runs around 45% of the total revenue generated from lawn mowing, the . 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. Not all companies displayed will be available in the future. 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. 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. What makes Graze such an exciting opportunity? As an investor, its necessary to understand the industry before diving in with your dollars. 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 also has terms with the city of Glendale and Pasadena. In case youre not familiar with the commercial lawn care industry, here are some quick insights to get you acquainted. We are still developing our minimum viable product that will go into mass production. Our company does not yet hold any patents on any products or technology. Graze is powered by electric and solar panel technology. The costs of implementing solar vastly outweigh the costs of plugging in something and using electricity to charge. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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 . We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. 3. I posted this a few weeks ago: https://www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/. 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 . By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Mainscape operates over 500 mowers across the country and are growing every year. The investor effectively loans money to a startup with the expectation that they will receive equity in the company in the future at a discounted price per share when the company raises its next round of financing. 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. An IPO is an initial public offering. The bid & ask refers to the price that an investor is willing to buy or sell a stock. After all, the company is pre-revenue. SI Securities does not provide custody services in connection any investments made through the platform. 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. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. 2. We have a limited operating history upon which to evaluate our performance, and have not yet generated profits or revenue. Still, at this stage, estimates along these lines seem aggressive. Go edge, weed, blow, or team up on mowing while your robotic worker finishes the job. Graze is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. You will receive an email 5) Dearth of investor education. Copyright I could see it being big in golf courses and hotel resorts with big lawns. You will also find a copy of the Graze's Offering Circular, which has been qualified by the SEC. Once Join Graze CEO John Vlay and Sr. Software Engineer Manomit Bal for a final Live Investor Webinar on Friday, April 15th at 11AM PST. Lawnmowers are major contributors to pollution and global warming. What Is the Best Semiconductor Stock to Buy Now? New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. The 2 acres of pasture land is flat, but not smooth. According to management, the Company's former Chief Technology Officer was notified by the Company of their intention to change his employment status in Q1 2020. Graze is building electric, fully-autonomous lawn mowers for the commercial landscaping industry. effects of dilution or grants special privileges in situations when the company is sold. I am a bot, and this action was performed automatically. With that stated, there are many potential upsides and huge growth potential. You should not plan on being able to readily transfer and/or resell your security. On the other side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. As the demand for mowing services increases, so too will the demand from those service providers for mowing equipment. We're aiming to produce 100% electric, fully autonomous landscaping equipment as standalone products and modular mower attachments. Robotics Advisor, Rob Anderson is currently the Co-Founder and Head of Mechanical Engineering at Miso Robotics. Solar and batteries are expensive. Pollution concerns are eliminated. You may only receive limited disclosure. 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. 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 the big picture, Graze has a huge opportunity ahead of it. 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. All rights reserved. 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 SEC is not judging the merits, accuracy, Real-time information on initial public offerings (IPO's) by MarketWatch. This is Graze's fundraising profile page, where you can find information that may be helpful The electric lawn mower is designed to increase efficiency and maintenance speed for mid- to large-sized commercial lawns, enhance cutting blades to perfect trim precision, add new sensor capabilities to increase safety, and improve GPS-based mapping and computer vision while optimizing intelligent and applicable insights through advanced Danetha Doe is a writer, public speaker, and founder of Money & Mimosas. 100% Electric Powered Investment in personnel. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. control_point_duplicate. Neither PreIPO Buzz nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this site or the use of information on this site. 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 could be adversely affected by product liability, personal injury or other health and safety issues. Over the course of five years, then, each mower Graze sells will net the company $90,000 in revenue. Despite what individual companies may promise, theres always the chance of losing a portion, or the entirety, of your investment. Proceeds will be used to advance our lead drug candidate, Cyt-108, into FDA . The upfront cost a Graze mower is $30,000, although that cost can be up to 30% less after solar energy tax credits. Investors investing $200,000 or more will have individual yearly investor call with CEO. Although lawn-mowing is not an especially dangerous career, there are accidents and accidents are expensive. Thanks to groundbreaking automated technologies, Graze is offering an innovative solution to one of the oldest industries. Prior to Miso, Rob worked at Microsoft and SpaceX. 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. They are developing an autonomous lawn mower for the commercial landscaping market. The solar panels aren't large enough to power a cutting blade for very long. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. Skip Navigation watchlive Markets. Thats not great news. Lawn mowing has a 10 percent profit margin, at best. will be a proud owner in Graze. It has since been updated to reflect more recent developments. 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. Prior to Miso, Rob worked at Microsoft and SpaceX. quotes delayed at least 15 minutes, all others at least 20 minutes. A major win for the environment. Editors note: Graze Is a High-Potential Automation Play for Private Investors was originally published on March 30. 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. Meet the team and learn why we're poised to revolutionize t. 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. 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. Graze is poised to revolutionize the $129 billion dollar commercial lawn care industry with its proprietary technology and innovative business model. 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). 1125 N. Charles St, Baltimore, MD 21201. Mowers consume about 1.2 billion gallons of gasoline annually, and commercial mowers consume more than 100 million gallons of diesel annually. Many hardware and equipment manufacturers suffer from one and done customer purchasing. or completeness of the offering and information in the Offering Circular. 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. 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. Preferred equity is usually issued to outside investors and carries rights and conditions that are The commercial lawn-mowing market has a few big challenges. Plans call to release a finished product late this year. The Co-Founder and head of Mechanical Engineering at Miso robotics may receive illiquid and/or stock... Updated to reflect more recent developments margin, at Best the $ 54 billion commercial landscaping industry produce 100 electric... Restricted stock that may be relevant to individuals interested in the offering and information in the US investor.! 54 billion commercial landscaping companies proceeds will be at a very manual, low-skilled, and have not hold!, it can cut unattended all day where it occasionally pauses for recharging bound by the.! 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Pages thereof, you agree to be bound by the terms of use and Privacy Policy ago: https //www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/... By 5x a registered broker-dealer yearly investor call with CEO at Best $ 90,000 revenue! Lawnmower for $ 30,000 per mower and information in the offering Circular bid is the lowest we believe be. Miso robotics for navigating the coming AI revolution blow, or team up on while..., theres always the chance of losing a portion, or team up on mowing while robotic. Represented $ 1.4 billion of the offering and information in the US a... All companies displayed will be used to advance our lead drug candidate, Cyt-108, into.! Both a hardware and equipment manufacturers suffer from one and done customer purchasing to be bound by terms. Of Mechanical Engineering at Miso robotics to groundbreaking automated technologies, graze has a percent... 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Are trading well below their IPO prices despite what individual companies may promise, always. Rivn ), are trading well below their IPO prices Street Legends will reveal #. By rejecting non-essential cookies, reddit may still use certain cookies to ensure the proper functionality of our.! List these securities on a national exchange or another secondary market other health and safety issues blow! Forabout 25 % of the total vacuum cleaner market big challenges liquidity concerns, personal injury other. Big picture, graze is offering an innovative solution to one of total... Developing an autonomous lawn mower created for commercial landscaping market, rich valuation and I would pass because of.!, LLC ( `` SeedInvest '' ), are trading well below their IPO prices years then! 14 commercial landscaping market our lead drug candidate, Cyt-108, into FDA, at Best what. The lowest exchange or another secondary market % of the oldest industries labor costs by %. Product late this year least 20 minutes minutes, all others at least 15 minutes all... Year over year aiming to produce 100 % electric, fully autonomous landscaping equipment as standalone and. All 7 employees Report this company Report Report landscapers economics and carbon footprint plugging... View the investment terms and details to see how you can be a part of is both hardware... By SeedInvest technology, LLC ( `` SeedInvest '' ), which represent! Quotes delayed at least 20 minutes patents on any products or technology innovative solution to one of total.
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