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. Your shares are not easily transferable. 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). To learn more about startup investment types check out How to Choose a Startup Investment in our academy. At scale, this should result in significantly higher gross and profit margins than pure-play hardware companies, as well as much more revenue visibility and stability. team bios, and the risks and disclosures related to this investment opportunity. As CEO, John Vlay brings a great deal of experience in this space, and without him, we would struggle to build relationships with commercial landscaping companies. We are still developing our minimum viable product that will go into mass production. If perennial weeds are a problem, consider . All rights reserved. The Company's former Chief Technology Officer departed as of January 15, 2020. Rivian shares are down 82.9% in 2022 through Dec. 27. Our company does not yet hold any patents on any products or technology. Currently there is no market or liquidity for these securities. Lawn-mowing and other lawn-care services are up over 20% year over year. CEO John Vlay is an industry insider with 35 years of experience and an exit under his belt. A major win for the environment. Mowing pastures is a great means of controlling weeds. That was up 3.3% from. 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. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. Government contracts are usually a very reliable source of revenue. 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). Over the course of five years, then, each mower Graze sells will net the company $90,000 in revenue. Once 5) Dearth of investor education. 06/16/21 AT 9:16 PM. 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. Graze is a startup on Startengine.com that makes fully autonomous electric mowers. We have $23M in pre orders via non-binding commercial contracts. In September . 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. Mowing itself is useful, using solar is a bad concept. But the best view of the sky will be out in the fairway, where the players are hitting their balls. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). Labor costs in commercial landscaping are 4x what they are in traditional agriculture. 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. The company is led by John Vlay, a landscaping veteran who has a deep network of industry connections. Some potential benefits of mowing include: weed management, enhancing forage quality and reducing grazing patterns. control_point_duplicate. The costs of implementing solar vastly outweigh the costs of plugging in something and using electricity to charge. We could be adversely affected by product liability, personal injury or other health and safety issues. Around $60,000 of that will be high-margin, annually recurring software revenue. 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. list these securities on a national exchange or another secondary market. There are multiple studies detailing how lawnmowers are as harmful as gas-powered cars. Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. Their commercial lawnmower delivers a fully autonomous, solar and electric powered lawn power with. 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. As such, it is difficult to determine how we will perform, as our core product has yet to come to market. Robotics Advisor, Rob Anderson is currently the Co-Founder and Head of Mechanical Engineering at Miso Robotics. 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. Graze eliminates 50% or more of the labor costs and 75% of the fuel costs. It has less than 1000 investors now and little over 1mil in investments. 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, a new start-up bringing intelligence, automation and sustainable solutions to commercial landscaping has introduced its new lawn mower model, set to h. 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? 2) Important: We have strict political posting guidelines (described here and here). 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. The end result is a mower that Graze claims will increase profit margins by reducing labor costs. In that robotic market, iRobot owns about 50% share. Mowing is one of the lowest margin services offered, with labor accounting for about 45% of gross revenue. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. Real-time information on initial public offerings (IPO's) by MarketWatch. Not all companies displayed will be available in the future. Graze is a company that's building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. Graze Mowing. Secondly, the commercial lawncare industry has historically been recession-proof. Many hardware and equipment manufacturers suffer from one and done customer purchasing. 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. John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. With that stated, there are many potential upsides and huge growth potential. PreIPO Buzz is not a registered broker-dealer. The $54 billion commercial landscaping industry in the US is a very manual, low-skilled, and low margin sector. 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. We are launching after our Series A raised over $15M from over 10,000 unique investors. From there, the website will walk you through the seamless process of becoming an investor with Graze. Despite what individual companies may promise, theres always the chance of losing a portion, or the entirety, of your investment. With letters of intent from LandCare and Mainscape (two Top 15 US commercial landscaping companies), Graze is well on its way to a promising launch. liquidation event occurs. Sign up below to get this incredible offer! 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. Please contact the moderators of this subreddit if you have any questions or concerns. Currently, they have raised a little over 482k at a valuation of $23 Million and previously raised $3.7 Million in Thanks to groundbreaking automated technologies, Graze is offering an innovative solution to one of the oldest industries. When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an Its largely low-level labor automation. Copyright 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). This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. Map the Perimeter. 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. will be a proud owner in Graze. 1125 N. Charles St, Baltimore, MD 21201. Another cost is pollution. 2023 PitchBook. Graze is more than a mower, Graze is a land maintenance platform. At a $23 million pre-money valuation, the potential upside seems to significantly outweigh the potential downside. exchange, is acquired, or goes bankrupt. when the closing occurs and your securities have been issued. 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. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. 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. About startup investment types check out how to Choose a startup investment in our academy 23M. How to Choose a startup investment in our graze mowing ipo reliable source of.. A national exchange or another secondary market $ 23 graze mowing ipo pre-money valuation, the commercial landscaping industry mowing is of. 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