Not all companies displayed will be available in the future. 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. To date, Graze has raised over $14.7 million from more than 9,300 investors. Labor costs in commercial landscaping are 4x what they are in traditional agriculture. As with any commercial grade lawn mowing equipment, there are significant health and safety issues that could result from our product being used incorrectly in the market. We are still developing our minimum viable product that will go into mass production. You will also find a copy of the Graze's Offering Circular, which has been qualified by the SEC. Based on a market-average 16-times profit multiple, that implies a potential future valuation of nearly $1.3 billion versus todays $23 million pre-money valuation. Set the boundary by mowing it once manually. Landscapers Average: 45% Mowing labor costs with less than 10% profit margin. Theres even room for more lines. So, for investors with higher risk tolerances, the currentSeries A fundraising round for Graze on SeedInvestis worth a look. 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. 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. SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. A Graze mower consists of two large sections. Graze is building electric, fully-autonomous lawn mowers for the commercial landscaping industry. Not golf courses. 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 06/16/21 AT 9:16 PM. As of this writing, he did not hold a position in any of the aforementioned securities. Our 7 Top Picks. 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. Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . Despite what individual companies may promise, theres always the chance of losing a portion, or the entirety, of your investment. More than addressing the landscaping markets biggest pain-points, Graze also employs an attractive, multi-faceted business model which should result in high-margin, steady revenue streams at scale. Our future revenue plans rely on two non-binding letters of intent. Husqvarna has one already and if iRobot doesn't they certainly could. Also Known As nature delivered. Although Graze has a fantastic product, its customers may not be able to follow through on their LOIs during the current economic downturn. 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 is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. Please contact the moderators of this subreddit if you have any questions or concerns. These risks include: 1) Greater chance of failure Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. The level and timing of future expenditure will depend on a number of factors, many of which are outside our control. And thats my thought and partly why Im hesitant to invest in the company alone not a stock share ect. 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. Graze is high-risk, high-reward play on automation in the commercial landscaping market. Operating Status Active. The Silicon Beach startup said it has. Be a tax right off right using solar energy. Graze accepts your investment, and certain regulatory procedures are completed, your money will We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. 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. 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. Most importantly, do not invest money you cannot afford to lose. 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). Founded Date 2008. 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. Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. But these lawnmowers, outfitted with similar hardware used to . Some potential benefits of mowing include: weed management, enhancing forage quality and reducing grazing patterns. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. 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. graze: [verb] to feed on growing herbage, attached algae, or phytoplankton. You should carefully review any disclosure regarding the company's use of proceeds. 3. 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. 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. Within the United States, commercial lawn mowers represented $1.4 billion of the $5 billion lawn mower market in 2016. For example, Graze cites one of its potential clients as having roughly $100,000 in safety-related workers comp payouts in 2018. Legal, accounting, printing, and regulatory fees can cost millions more. To be sure, an investment in Graze comes with huge risks. Another cost is pollution. Its largely low-level labor automation. 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. The end result is a mower that Graze claims will increase profit margins by reducing labor costs. 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. are in escrow, your funds will be promptly refunded to you upon cancellation. John led Jensen Landscape as Chairman, CEO, and President for eleven of his 35 years with this award-winning landscape construction and maintenance company. By streamlining the mowing process and enabling businesses to run like clockwork, Graze intends to increase landscaping margins through robotic mowers that are 100% autonomous We may be unable to convert our prototype to a minimum viable product that can easily be replicated and put into mass production. We are seeking to raise $1M by conducting a public offering under Regulation CF. Secondly, the commercial lawncare industry has historically been recession-proof. Mow the Middle. Edit Lists Featuring This Company Section, Electronics Companies With Fewer Than 50 Employees (Top 10K), California Companies With Fewer Than 10 Employees (Top 10K). 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. https://www.grazemowing.com/nb?utm_source=cpc&utm_medium=nonbranded&gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE. 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. There's the shell, which houses the battery, cameras and sensors that can detect objects a couple feet away, as well as the detachable mower deck, which can be dismounted for easy storage, cleaning and sharpening of the blades. At the height of gas prices this past year, commercial landscaping companies saw fuel costs skyrocket. The graph below illustrates the valuation cap or the pre-money valuation of Graze's prior rounds by year. I could see it being big in golf courses and hotel resorts with big lawns. News flow 15 minutes ago MT Newswires With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . See https://www.grazemowing.com/ The idea is this: typically you have a truck with four guys pull up to a commercial property and spend a few hours mowing the grass, edging, pulling weeds, etc. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. Additionally, Grazes equipment is whisper quiet which means commercial lawncare companies can run them at night. As stated earlier, one of the major risks with Graze is that the company hasnt actually delivered any lawnmowers yet, because the product is still in development mode. You will receive an email Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). Graze is backed by lead investor, Wavemaker Partners, a global venture capital fund with $400 million in assets under management, and Wavemaker Labs, a robotics and automation-focused venture studio. Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit. 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. Violations will result in a minimum 30 and likely 60 day ban upon first instance. 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. Our robust prototype is actively mowing in the field for our 1st customers. 4) Economic downturns 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. The company may also only be obligated to file information periodically regarding its business, including financial statements. Our technology is not yet fully developed, and there is no guarantee that we will be able to develop and produce a fully working prototype of our core product. This includes beginner questions and portfolio help. The underwriter typically charges a feeof 4-7%of the gross IPO proceeds, which can be anywhere from $1.5m to $100m+ depending on the deal size. 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. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. The lost contract from LandCare is also of concern. Go edge, weed, blow, or team up on mowing while your robotic worker finishes the job. 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. These connections helped Graze to secure $36 million in preorders from landscapers and country clubs. Join Graze CEO John Vlay and Sr. Software Engineer Manomit Bal for a final Live Investor Webinar on Friday, April 15th at 11AM PST. 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. Unlike an investment in a mature business where there is a track record of revenue and income, the success of a startup or early-stage venture often relies on the development of a new product or service that may or may not find a market. The company is led by John Vlay, a landscaping veteran who has a deep network of industry connections. Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. We rely on a small management team to execute our business plan. Graze believes the introduction of an electric, self-driving mower to the market will be highly disruptive. Your submission was automatically removed because it contains a keyword not suitable for r/investing. Replacing the entire gas-powered lawnmower fleet of Grazes top two clients, Landcare and Mainscape, would result in a reduction of carbon emissions equivalent to removing 42 million gas-powered cars off the road. 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. The Graze mower is powered by batteries like an electric vehicle and does not rely on petrol-based products that harm the environment. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. gif. 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. Future Labs V, Inc. dba "Graze Mowing . The razor-thin profit margins are due to the industrys biggest pain points including labor costs, fuel costs, safety-related workers' compensation, and pollution. Our products will automate the majority of landscape and maintenance service offerings, allowing our customers to hire and retain their most highly-skilled workers, to boost margins and to grow their businesses. Graze Mowing. As with other investments, there is no guarantee that investments will be immune from fraud. dangerous. Lawn mowing is a vital service offered by commercial landscaping companies, however, its usually a loss leader. John and Manomit will talk about what the future looks like for G. 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. 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. Graze is a company thats building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. In addition, Graze mowers are electric with boosted run times from solar panels. Would bloat costs and be uncompetitive from an ongoing economics perspective. Lawn-mowing and other lawn-care services are up over 20% year over year. In addition to these risks, you should carefully consider the specific information and risks Minimum Investment:US $998 per investor. Graze expects to reduce labor costs by 50% and increases margins by 5x. 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. 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. 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. 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