Our partnerships and our relationships with commercial landscaping companies is crucial for us to achieve our growth plan. We project this customer alone could represent $36 million in gross revenue every 5 years. Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. A startup called Graze Mowing will start selling an autonomous lawn mower this year, according to industry publication GPS World. Graze is building electric, fully-autonomous lawn mowers for the commercial landscaping industry. Electric, fully autonomous commercial lawn mower. About us Graze is a fully autonomous commercial lawn mower . Simply look at iRobot for proof of this. https://www.grazemowing.com/nb?utm_source=cpc&utm_medium=nonbranded&gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE. 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. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Graze accepts your investment, and certain regulatory procedures are completed, your money will Lawn mowing is a vital service offered by commercial landscaping companies, however, its usually a loss leader. The company may also only be obligated to file information periodically regarding its business, including financial statements. And become more affordable as they progress so get in while we can. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm. 1125 N. Charles St, Baltimore, MD 21201. 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. Ownership Status Publicly Held Financing Status Formerly VC-backed Primary Industry 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? 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 $100,000 or more will benefit from yearly investors call. liquidation event occurs. Solar and batteries are expensive. Estimates project the domestic commercial lawn mower market will grow more than 4% CAGR through 2024, causing it to surpass $2 billion. Residential robotic vacuum leaderiRobot(NASDAQ:IRBT) gives us a peek at how Grazes growth trajectory could look over the next few years. 3. In the most sensible investment strategy for start-up investing, start-ups should only be part of your overall investment portfolio. Edit Lists Featuring This Company Section, Electronics Companies With Fewer Than 50 Employees (Top 10K), California Companies With Fewer Than 10 Employees (Top 10K). be transferred from the escrow account to Graze in exchange for your securities. Be a tax right off right using solar energy. For example, Graze cites one of its potential clients as having roughly $100,000 in safety-related workers comp payouts in 2018. We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. $115B landscape industry plagued by high labor and maintenance costs. 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. Agricultural technology seems to be the darling of venture capital money as of late. Graze Mowing. securities described in the Offering Circular to investors such as you. The $54 billion commercial landscaping industry in the US is a very manual, low-skilled, and low margin sector. Thanks to groundbreaking automated technologies, Graze is offering an innovative solution to one of the oldest industries. As such, it is difficult to determine how we will perform, as our core product has yet to come to market. 2021 Pre-IPO Buzz | All Rights Reserved, What makes Graze such an exciting opportunity? On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. We have a limited operating history upon which to evaluate our performance, and have not yet generated profits or revenue. 2) Risk of fraudulent activity Legal, accounting, printing, and regulatory fees can cost millions more. Preferred equity is usually issued to outside investors and carries rights and conditions that are 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. I think this will be like you said big business. Graze is both a hardware and a software company. These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. Mowers consume about 1.2 billion gallons of gasoline annually, and commercial mowers consume more than 100 million gallons of diesel annually. 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. Firstly, the Graze business model is innovative. dangerous. This chart does not represent guarantees of future valuation growth and/or declines. Keep reading to decide for yourself. Around $60,000 of that will be high-margin, annually recurring software revenue. We have $23M in pre orders via non-binding commercial contracts. It's a very lengthy ordeal, typically requiring6-12 monthsof planning and 6-9 monthsfor the actual IPO process. Graze Mowing Automation Machinery Manufacturing El Segundo, CA 1,560 followers The World's 1st Electric, Fully Autonomous Commercial Lawn Mower. Graze Mowing. Minimum Investment:US $998 per investor. Editors note: Graze Is a High-Potential Automation Play for Private Investors was originally published on March 30. 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). The Company is currently pre-revenue. It has less than 1000 investors now and little over 1mil in investments. Possibility of fraud. Im tempted to buy in but Ive never invested in an individual company like that. Currently there is no market or liquidity for these securities. Because agriculture spends a large chunk of its money on manual labor. 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. subject our company to liability due to personal safety or property damage issues. 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. 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 . Because of this, we will have less control of our supply chain as we grow the business, which could affect our ability to meet customer demand. 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. Violations will result in a minimum 30 and likely 60 day ban upon first instance. John left Jensen in 2018, after which he has engaged in a number of consulting roles. Our company does not yet hold any patents on any products or technology. Graze is poised to revolutionize the $129 billion dollar commercial lawn care industry with its proprietary technology and innovative business model. 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. 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). Because of this, we may face issues developing a product and technology that can compete with other players in the market. Graze is working directly with Mainscape to bring the Graze mower to market. 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 Inc is formed to sell commercial robotic lawnmowers. Set the boundary by mowing it once manually. Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. Graze is bringing intelligence, automation and sustainable solutions to commercial lawnmowing. Graze Mowing. Prior to Miso, Rob worked at Microsoft and SpaceX. We rely on a small management team to execute our business plan. Mowing along roadsides should occur in late summer (August 1-31) to allow most nesting birds and small mammals to successfully rear their young. Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. 1125 N. Charles St, Baltimore, MD 21201. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. This is not the case in landscaping. The savvy money blog for ambitious women. Disagree, argue, criticize, but no personal attacks. Graze is currently offering shares at $7.10. We could be adversely affected by product liability, personal injury or other health and safety issues. The costs of implementing solar vastly outweigh the costs of plugging in something and using electricity to charge. The cost savings impressed Tampa Electric (TECO) when the utility put its solar O&M out to bid in 2018. Fuel costs come down to zero. Mowing pastures is a great means of controlling weeds. 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. 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