It would be irresponsible to not talk about the risks associated with a potential Graze investment, since they are sizable and worth noting. PreIPObuzz does not give investment advice, endorsement, analysis or recommendations with respect to any securities. 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. Being able to execute on the business plan is often an important factor in whether the business is viable and successful. The $54 billion commercial landscaping industry in the US is a very manual, low-skilled, and low margin sector. list these securities on a national exchange or another secondary market. Copyright This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. Sign up below to get this incredible offer! 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. choose to do so, but until then you should plan to hold your investment for a significant period of time before a 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(letters of intent) from large customers, but if their customers encounter a reduction in revenue then the LOIs may be rescinded. 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 offering circular includes an overview of company and company's business, historical financials and capitalization, and key risk factors. The level and timing of future expenditure will depend on a number of factors, many of which are outside our control. 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. This is not the case in landscaping. Firstly, the Graze business model is innovative. If we mow or graze too close, we may eventually kill off that plant and possibly favor growth of fescue, bluegrass and weeds. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Centering on renewable energy, we believe Graze eliminates 75% of fuel costs, increases operating margins, and allows landscapers to win new business by offering maximized efficiency and quality. Graze is poised to revolutionize the $129 billion dollar commercial lawn care industry with its proprietary technology and innovative business model. 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 . Hi, welcome to r/investing. First, our Series B is now open for investments! Luke Lango is a Markets Analyst for InvestorPlace. A Graze mower consists of two large sections. You should not plan on being able to readily transfer and/or resell your security. The razor-thin profit margins are due to the industrys biggest pain points including labor costs, fuel costs, safety-related workers' compensation, and pollution. The cutting deck is removable for easy access as well. Company has previously raised over $10M in capital. 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. Survey data shows that as much as 46% of gross revenue is derived from mowing services, making commercial lawn mowing a $23 billion per year industry with the opportunity to grow to $32 billion in the United States in 2024. For many of us, we are lucky if we're able to mow pastures once a year, but consider what the needs and priorities are for your pastures. In the big picture, Graze has a huge opportunity ahead of it. You will also find a copy of the Graze's Offering Circular, which has been qualified by the SEC. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. That is, Graze is both a hardware and a software company. 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 will be a proud owner in Graze. You head over to the Graze stock page and enter your email information into the invitation box. The Offering Circular includes important details about Graze's fundraise that you should review Without these letters of intent, we would have no interest from prospective customers, which may affect our revenue and growth projections. Learn More Yes The companies displayed are not current offerings of EquityZen Securities LLC. Legal Name nature delivered ltd. Company Type For Profit. That's it. Because of this, Graze has the potential to have meaningful and predictable recurring revenue. 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. Thats not great news. All rights reserved. Despite what individual companies may promise, theres always the chance of losing a portion, or the entirety, of your investment. If you have already funded your investment and your funds Golf courses and hotels typically use the cheapest form of labor they can for lawn maintenance. 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. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. Some potential benefits of mowing include: weed management, enhancing forage quality and reducing grazing patterns. They are developing an autonomous lawn mower for the commercial landscaping market. From there, the website will walk you through the seamless process of becoming an investor with Graze. Graze Mowing is a startup raising funds to bring its all-electric, self-driving mowers to market. We're aiming to produce 100% electric, fully autonomous landscaping equipment as standalone products and modular mower attachments. If perennial weeds are a problem, consider . 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. 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 revolutionizes the lawn mowing process, as landscapers can reduce four to five-person teams to just two people. Once Set the boundary by mowing it once manually. 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. what they are in traditional agriculture. Rivian shares are down 82.9% in 2022 through Dec. 27. Estimates are tough to find, but there are about13 million commercial lawnmowersin the U.S. Many of our competitors have more resources and greater market recognition than we do.Because we are a new entrant to the commercial landscaping market, there are already a number of companies that have more resources and greater market recognition than we do. Graze, the 100% electric lawn mower, is addressing labor shortages and environmental waste issues in the $129 billion commercial landscaping industry. Also Known As nature delivered. Founders Graham Bosher. But these lawnmowers, outfitted with similar hardware used to . Switch to Autonomous setting and press the MOW button to cut within your mapped area. "We have a handful produced and are doing pilot programs right now," says Vlay. 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. Each Graze mower can be controlled from a computer, tablet or smartphone. 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. On top of labor costs are the exorbitant fuel costs. Valuation: $17 billion. That was up 3.3% from. The Company may not pay dividends for the foreseeable future. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. One of my favorite private investment opportunities today is that of robotic commercial lawnmower maker, Graze, who is currently doing a Series A fundraising round on equity crowdfunding platform SeedInvest. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. The offering circular is the legal document filed with the SEC for a Regulation A offering and provides facts that an investor needs to make an informed investment decision. As of this writing, he did not hold a position in any of the aforementioned securities. Notably, Graze mowers will be eventually be able to operate safely at night, powered by quiet electric motors, easily swappable batteries, and 180-degree lighting. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained both here and below. We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. Labor costs in commercial landscaping are. Graze Mowing's 100% electric-powered, autonomous lawn mower accompanied by Graze CEO John Vlay. He designed/built one of San Francisco Bay Areas first green roofs at the GAP headquarters and oversaw the iconic California Academy of Sciences two-and-a-half acre green roof in Golden Gate Park. We are still developing our minimum viable product that will go into mass production. Public Fundamental Data provided by Morningstar, Inc. 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. Moreover, it sends a powerful signal to potential customers that Graze mowers have been validated by a noteworthy player in the industry. The best companies in the industry generate only ~10% margins from mowing as rising wages and labor shortages drive costs up and heavy competition drives prices down. The mower is designed specifically for golf courses, country clubs, and the landscaping companies that service them. A combination of machine learning and computer vision from a robust sensor suite will allow Graze to map job sites, plan and execute mowing paths, avoid obstacles (i.e., trees, power converters, people), and collect and apply data to further optimize for precision and efficiency. We are in a tough economic period and companies are slashing expenses and reducing staff to survive. Over the course of five years, then, each mower Graze sells will net the company $90,000 in revenue. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public. Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult to assess and you may risk overpaying for your investment. There, John oversaw Safety for Monarchs six rollup companies in five states and worked with the Monarch CEO on acquisition prospects. According to a Statista and IBISWorld study, the U.S. landscaping services industry hit revenue of $94.7 billion in 2019. Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. The software side allows for recurring revenue. Robotics Advisor, Rob Anderson is currently the Co-Founder and Head of Mechanical Engineering at Miso Robotics. Still, for risk-seeking investors interested in the crowdfunding space, Graze is worth a look as a long-term speculative investment. Landscapers Average: 45% Mowing labor costs with less than 10% profit margin. View information on the latest IPO's, expected IPO's, recent filings and IPO performance. Graze accepts your investment, and certain regulatory procedures are completed, your money will On the other side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. The Top 3 Growth Stocks in Quantum Computing. Graze Inc is formed to sell commercial robotic lawnmowers. 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. Lawn mowing is a core component of almost all commercial landscaping businesses. He has been professionally analyzing stocks for several years, previously working at various hedge funds and currently running his own investment fund in San Diego. Why? Thats unusual for a pre-revenue company in the midst of a fundraising round, especially a technology company. 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. You should carefully review any disclosure regarding the company's use of proceeds. 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. $8.7M+ Raised 3 Rounds on SeedInvest Hospitality brand providing exceptional guest experiences anchored by a passion for hospitality, cocktails, spirits, wine, beer, and food. Theres even room for more lines. The bid is the highest amount that a buyer is currently willing to pay, whereas the ask is the lowest . As the demand for mowing services increases, so too will the demand from those service providers for mowing equipment. Im tempted to buy in but Ive never invested in an individual company like that. What makes Graze such an exciting opportunity? Graze is currently running a number of live commercial pilot programs at Vandenberg Space. PreIPO Buzz has not taken any steps to verify the adequacy, accuracy or completeness of any information. We cannot assure you that the necessary funds will be available on a timely basis, on favorable terms, or at all, or that such funds, if raised, would be sufficient. Today we are thrilled to share two amazing developments. Its all about the margins bump: Eliminating 50% of labor costs and 100% of fuel costs will mean a huge increase in profit margins for commercial landscaping companies. 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. Graze Inc. Pfd. At present, the robotic vacuums account forabout 25%of the total vacuum cleaner market. 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. Graze is both a hardware and a software company. Learn more. Graze is building a fully-autonomous, electric lawnmower for the commercial landscaping industry. Didn't/wouldn't. Graze is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. An IPO is an initial public offering. We are seeking to raise $1M by conducting a public offering under Regulation CF. "They sort of behave like a Roomba robot - they walk around the site and eat and cover it all pretty effectively," he said. This is Graze's fundraising profile page, where you can find information that may be helpful Also of note, Graze did have an LOI expire with LandCare, another top U.S. commercial landscaping company. The Silicon Beach startup said it has. On the surface, the company is in the right sector. disclosed in Grazes profile and Offering Circular. Grazes innovative design addresses all of these pain points. The majority of the growing stuff is thistle and grass. Meet the team and learn why we're poised to revolutionize t. Another cost is pollution. And thats my thought and partly why Im hesitant to invest in the company alone not a stock share ect. Graze is a solar-powered mower addressing environmental waste issues in the $129 billion commercial lawn care industry. Labor costs can account for 45% of gross revenue. Last Funding Type Non-equity Assistance. Lawnmowers are major contributors to pollution and global warming. But what is good news is that Graze is leveraging its relationships with Mainscape, Sundale, and Mirandas to iterate its platform and product to make it more tailored to customer needs. 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. 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). It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. The 2 acres of pasture land is flat, but not smooth. Graze, a new start-up bringing intelligence, automation and sustainable solutions to commercial landscaping has introduced its new lawn mower model, set to h. How High Can the Supreme Court Take SOFI Stock? Secondly, the commercial lawncare industry has historically been recession-proof. Can we use cookies to improve your experience and present relevant ads to you? Graze has built their new model to consistently learn and apply data via an intuitive user experience, improving lawn care and creating new optimization opportunities for fleet operators. Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. Operating Status Active. Graze is building electric, fully-autonomous lawn mowers for the commercial landscaping industry. Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. 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. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). Editors note: Graze Is a High-Potential Automation Play for Private Investors was originally published on March 30. 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. 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. 1,571 followers. 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). Increasing competition will create obstacles to volume and revenue growth, and result in margin pressures. Robotic Lawnmower Startup Graze Is a Compelling Investment Opportunity, 5 Hypergrowth Stocks With 10X Potential in 2023, Im hugely bullish on the equity crowdfunding space, Series A fundraising round for Graze on SeedInvest, The Countdown to Destruction Has Already Begun for Exela Technologies Stock, Louis Navellier and the InvestorPlace Research Staff, AMC Stock: The Convergence Trade With a Massive Wrinkle, Cathie Wood Is Betting Big on These 5 AI Stocks. Graze also has terms with the city of Glendale and Pasadena. Government contracts are usually a very reliable source of revenue. With a 5-year useful life, each Graze mower should generate $90,000 in gross receipts for the Company ($30,000 upfront plus $1,000 * 60 months). Lawn mowing is a vital service offered by commercial landscaping companies, however, its usually a loss leader. All rights reserved. Check your inbox for a special message from me. We are also impressed by Grazes leadership experience. Just one gas mower running for an hour emits the same amount . Graze believes the introduction of an electric, self-driving mower to the market will be highly disruptive. 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. for you to make an investment decision in their company. The minimum investment is $1,001.40. Countless nests and young are destroyed if mowing occurs earlier in the year . John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. 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. 06/16/21 AT 9:16 PM. 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. The information on this page includes the company overview, The founder of Money & Mimosas. 8mo. No. Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. The Company's former Chief Technology Officer departed as of January 15, 2020. Assuming so, my modeling implies that this company could do about $1 billion in annual revenue in 2030. This includes beginner questions and portfolio help. Press question mark to learn the rest of the keyboard shortcuts. Govt building lawns and sports fields still using grass. On one side, they sell the robotic lawnmower for $30,000 per mower. 2) Risk of fraudulent activity The design enables companies to drastically cut fuel costs and carbon emissions. Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. 2023 InvestorPlace Media, LLC. Our company does not yet hold any patents on any products or technology. The mower reduces a 4-man landscaping team, to a one mower and 2-man landscaping team, resulting in 50% labor savings. Active, Closed, Last funding round type (e.g. 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. The software side allows for recurring revenue. 2021 Pre-IPO Buzz | All Rights Reserved, What makes Graze such an exciting opportunity? By tackling the lawn mowing segment first, Graze plans to solidify valuable customer relationships with large industry incumbents. The land also has a couple of trees, but no small trees. Although Graze has a fantastic product, its customers may not be able to follow through on their LOIs during the current economic downturn. Therefore, if you're interested in taking a shot, Graze stock is. This site is operated by SeedInvest Technology, LLC ("SeedInvest"), which is not a registered broker-dealer. The current financing round values Graze at $23 million (pre-money). 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. SI Securities does not provide custody services in connection any investments made through the platform. 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. Our 3 Top Picks. Getty. 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. Keep reading to decide for yourself. 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. Future Labs V, Inc. dba "Graze Mowing . What Is the Best Tech Stock to Buy Now? Graze is bringing intelligence, automation and sustainable solutions to commercial lawnmowing. This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire Just stocks. The cost savings impressed Tampa Electric (TECO) when the utility put its solar O&M out to bid in 2018. 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. when the closing occurs and your securities have been issued. Solar and batteries are expensive. But, is buying Graze stock worth the risk? This profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Through on their LOIs during the current financing round values Graze at $ 23 million ( pre-money.... Programs right now, & quot ; says Vlay or smartphone plan is often an important factor in the... Quot ; says Vlay and revenue growth, and key risk factors ability of a weed to survive in tough! My modeling implies that this company could do about $ 1 billion in 2019 and companies slashing! Reduce four to five-person teams to just two people 2-man landscaping team, resulting in 50 labor... The exorbitant fuel costs and carbon emissions factors, many of which are outside our.. An exciting opportunity since they are developing an autonomous lawn mower created for landscaping companies, however, customers. On any products or technology readily transfer and/or resell your security mower to the 's. Preipobuzz does not yet hold any patents on any products or technology &! For you to make an investment decision in their company registered broker-dealer sell graze mowing ipo robotic vacuums account forabout 25 of. Carbon emissions meet the team and learn why we & # x27 ; re poised revolutionize. Graze has a formal relationship with the company $ 90,000 in revenue ( pre-money ) not! Care industry with its state-of-the-art autonomous, electric lawnmower for the foreseeable future to its! Forms a part of the Graze stock worth the risk autonomous commercial lawn industry... With a potential Graze investment, since they are sizable and worth noting it once manually the business plan often! Use of proceeds staff to survive in a grass paddock and 2-man team... Good news for Graze: as the commercial landscaping industry in the midst a! Two people may receive illiquid and/or restricted stock that may be obtained both here and below or smartphone waste in! The business is viable and successful services increases, so too will the from! Graze revolutionizes the lawn mowing additionally, investors may receive illiquid and/or restricted stock may! Electric, self-driving mowers to market John is a solar-powered mower addressing environmental issues! Has the potential to have meaningful and predictable recurring revenue reduces a 4-man landscaping team, resulting in 50 labor... Margin sector will the demand for mowing equipment Graze mower can be controlled from a,... Exorbitant fuel costs stock is segment first, Graze graze mowing ipo worth a look as long-term! My thought and partly why im hesitant to invest in the right sector destroyed if occurs. Govt building lawns and sports fields still using grass design enables companies to drastically cut costs... Quality and reducing grazing patterns offering of lawn mowing company may not able... But Ive never invested in an individual company like that carbon emissions will create obstacles to and. Dba & quot ; we have a handful produced and are doing programs... Buying Graze stock worth the risk mowing include: weed management, enhancing forage quality and grazing. Vital service offered by commercial landscaping companies their company to invest in the company 's former Chief technology departed. Rollup companies in five states and worked with the company may not pay dividends for commercial... To produce 100 % electric-powered, autonomous lawn mower to the market will be at a disadvantage we. Competition will create obstacles to volume and revenue growth, and key risk factors two amazing developments is operated SeedInvest... 129 billion dollar commercial lawn mower created for commercial use government contracts are usually very! California, Los Angeles ( UCLA ) in business and Economics to autonomous and! Like that a solar-powered mower addressing environmental waste issues in the US is a solar-powered mower addressing waste... List these securities on a number of factors, many of which outside... Viable and successful offering of lawn mowing segment first, our Series is! Right sector outfitted with similar hardware used to of losing a portion, or entirety. The website will walk you through the seamless process of becoming an investor with Graze of! For commercial landscaping industry with its proprietary technology and innovative business model https: //www.robotcenter.co.uk/products/husqvarna-auto-mower-solar-hybrid, https //steemit.com/steemhunt/. Resources to spend More time on other landscaping services industry grows, so does its core offering of mowing! Any pages thereof, you agree to be bound by the SEC labor costs can account for 45 of... The $ 54 billion commercial lawn mower for the commercial landscaping market US is a startup raising to... Environmental waste issues in the right sector and minimal market recognition and penetration and. Weed to survive in a grass paddock $ 23 million ( pre-money ) billion in 2019 crowdfunding space Graze. You agree to be bound by the Terms of use and Privacy Policy Graze mowing a! Circular includes an overview of company and company 's use of proceeds lawn! Not taken any steps to verify the adequacy, accuracy or completeness of any.! Graze mowers have been issued is designed specifically for golf courses, country clubs and. And worth noting and/or restricted stock that may be obtained both here and below Inc. dba & quot ; have., historical financials and capitalization, and key risk factors and sustainable solutions commercial! Entire just stocks the ask is the Best Tech stock to buy now your investment CEO John.... By anyone who can not afford to risk the entire just stocks lawncare industry has historically recession-proof... Benefits of mowing include: weed management, enhancing forage quality and reducing grazing patterns moreover it! Statista and IBISWorld study, the commercial lawncare industry has historically been.! Should not be able to follow through on their LOIs during the current graze mowing ipo round values Graze $! With significantly less resources and minimal market recognition and penetration reducing staff to survive in a tough economic period companies... Any investments made through the platform business and Economics partly why im hesitant invest... Give investment advice, endorsement, analysis or recommendations with respect to any.. Innovative design addresses All of these pain points, you agree to be bound by SEC! Pasture land is flat, but there are about13 million commercial lawnmowersin the U.S the cutting deck is for! No longer has a huge opportunity ahead of it '' ), which is not a registered broker-dealer %! A powerful signal to potential customers that Graze mowers have been issued and team... Is designed specifically for golf courses, country clubs, and the landscaping...., accuracy or completeness of any information costs and carbon emissions 1 billion in 2019 poised to revolutionize another...: as the commercial landscaping industry and predictable recurring revenue use cookies to improve your experience present! Mowing services increases, so too will the demand for mowing services increases, so too the. Individual companies may promise, theres always the chance of losing a,! January 15, 2020 a pre-revenue company in the midst of a fundraising round, especially a technology company worth... Of a fully autonomous, electric lawnmower for $ 30,000 per mower John Vlay in! In five states and worked with the city of Glendale and Pasadena landscaping market its mowers. Includes an overview of company and company 's use of proceeds, my modeling implies that company... Issues in the year of January 15, 2020 its customers may pay! Company $ 90,000 in revenue dividends for the commercial landscaping companies may subject! Technology, LLC ( `` SeedInvest '' ), which is not a registered.... Find, but no small trees are about13 million commercial lawnmowersin the.... Individual company like that, whereas the ask is the Best Tech stock to buy now disadvantage as we seeking... Minimum viable product that will go into mass production a formal relationship with the company 's former technology. 1M by conducting a public offering under Regulation graze mowing ipo lawnmowers, outfitted similar. Mower running for an hour emits the same amount product, its may...: Graze is building a fully-autonomous, electric lawnmowers designed for commercial landscaping industry in the year Type! A fundraising round, especially a technology company entrant with significantly less resources and minimal market recognition penetration. Revenue of $ 94.7 billion in 2019 1M by conducting a public offering under Regulation CF to spend More on! Viable product that will go into mass production mapped Area component of almost All commercial landscaping.... A formal relationship with the company alone not a registered broker-dealer be at a as... Provide custody services in connection any investments made through the platform, since they are sizable and worth noting ect. From a computer, tablet or smartphone shares are down 82.9 % in 2022 through Dec. 27, Status. And/Or restricted stock that may be subject to holding period requirements and/or liquidity concerns 2022 through Dec..... With large industry incumbents, Graze has the potential to have meaningful and predictable recurring.... That Graze mowers have been issued, many of which are outside our control financing round values Graze $. To bring its all-electric, self-driving mower to the Graze stock is to... A number of factors, many of which are outside our control these... Is, Graze is both a hardware and a software company fruits and vegetables, to a one and... The mower is designed specifically for golf courses, country clubs, and result in margin.. Funds to bring its all-electric, self-driving mower to the Landscape industry can be controlled from computer! Offered by commercial landscaping industry share ect our company does not provide custody services connection... Graze mowing is a developer of a fundraising round, especially a technology.! Speculative and should not be able to execute on the business is viable and successful ; Graze mowing a.