Robotics Advisor, Rob Anderson is currently the Co-Founder and Head of Mechanical Engineering at Miso Robotics. If it is removing grass seed heads to promote forage regrowth, then mowing in June is a great option, but one mowing in June is a poor choice for reducing weeds. This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire 3. 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. 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. Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. Go edge, weed, blow, or team up on mowing while your robotic worker finishes the job. You will receive an email dangerous. Possibility of fraud. Lawn mowing is a core component of almost all commercial landscaping businesses. The offering circular includes an overview of company and company's business, historical financials and capitalization, and key risk factors. 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). Public Fundamental Data provided by Morningstar, Inc. In addition, there may be additional classes of equity with rights that are superior to the class of equity being sold. Those platforms almost always use a SAFE with a valuation cap and discount. for you to make an investment decision in their company. Manage documents & payments digitally on the premier transaction management platform. While the company must disclose certain information, since the company is at an early-stage they may only be able to provide limited information about its business plan and operations because it does not have fully developed operations or a long history. Safety costs come down to zero. John left Jensen in 2018, after which he has engaged in a number of consulting roles. 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 company does not yet hold any patents on any products or technology. But the best view of the sky will be out in the fairway, where the players are hitting their balls. Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. Graze is currently running a number of live commercial pilot programs at Vandenberg Space. when the closing occurs and your securities have been issued. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Lawnmowers are major contributors to pollution and global warming. 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. Those challenges include: Graze has created a fully autonomous, electric lawnmower which addresses and eliminates allof these pain-points. Our partnerships and our relationships with commercial landscaping companies is crucial for us to achieve our growth plan. $115B landscape industry plagued by high labor and maintenance costs. We are also impressed by Grazes leadership experience. PreIPObuzz does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All rights reserved. Win whats next. With Graze: 23% mowing labor cost with a 43% profit margin. In light of the relative ease with which early-stage companies can raise funds, it may be the case that certain opportunities turn out to be money-losing fraudulent schemes. Also of note: the companys Chief Technology Officer left the company in January. Lack of professional guidance. 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. After all, the company is pre-revenue. 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. 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. PreIPO Buzz does not make investment recommendations and no communication, through this website or in any other medium should be construed as an investment recommendation. Says its 5.99 a share and a 997.60 minimum. 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. This is Graze's fundraising profile page, where you can find information that may be helpful Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.comSANTA MONICA, Calif., Feb . Typical terms for a company at Graze's stage are something like $5 million cap, 20% discount. 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. Minimum Investment:US $998 per investor. Assuming so, my modeling implies that this company could do about $1 billion in annual revenue in 2030. before investing. At a $23 million pre-money valuation, the potential upside seems to significantly outweigh the potential downside. You head over to the Graze stock page and enter your email information into the invitation box. More bullish projections suggest, due in large part to factors mentioned below, the domestic commercial lawn mower market could surpass $4 billion by 2024. 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. Competitive technologies could limit our ability to successfully deploy our technologies. 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. We rely on a small management team to execute our business plan. Graze Mowing. 1,400 gas mowers an hour produces the same amount of emissions as 56,000 cars. Countless nests and young are destroyed if mowing occurs earlier in the year . 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. Mowing once every two or three years at a minimum height of 8-12 inches will prevent woody growth from taking over an area. 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . 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. A convertible note is a unique form of debt that converts into equity, usually in conjunction with a future financing round. 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. A major win for the environment. Accordingly, any potential investor who anticipates the need for current dividends or income from an investment should not purchase any of the securities offered on the Site. Still, at this stage, estimates along these lines seem aggressive. If we graze or mow higher, we favor orchardgrass growth and allow all the grasses to continue leaf development without the roots ceasing growth to produce new leaves. 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. One gas mower running for one hour emits the same amount of pollution as 40 internal combustion cars. Someone else mentioned it, but i believe Husqvarna is the most popular brand right now. News flow 15 minutes ago MT Newswires It all happens at the free AI Super Summit. 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? 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. An IPO is an initial public offering. The Company may not pay dividends for the foreseeable future. LOI executed by Mainscape for 200 mowers (#14 US commercial landscaping company), New LOI: Sundale Country Club, opens up the estimated $14.16 Billion US golf course maintenance market, Lead Investor: Wavemaker Partners, a global Venture Capital fund with $300M AUM, Graze customers may achieve 50% labor savings by reducing 4 person landscaping teams to 2 people, according to Mainscape CEO. That is, Graze is both a hardware and a software company. With that stated, there are many potential upsides and huge growth potential. What makes Graze such an exciting opportunity? John led Jensen Landscape as Chairman, CEO, and President for eleven of his 35 years with this award-winning landscape construction and maintenance company. Described as the The Tesla of Agriculture and the Roomba for commercial lawncare, Graze is the most recent robotics stock investment opportunity to catch our attention at Money & Mimosas. 8mo. Understanding the tech stack of your customers, suppliers, and competitors provides insight into their level of investment in security and innovation. Follow View all 7 employees Report this company Report Report. Preferred equity is usually issued to outside investors and carries rights and conditions that are {{ account.account_type }} Investor Account. Lawn mowing has a 10 percent profit margin, at best. 1125 N. Charles St, Baltimore, MD 21201. In September . Graze accepts your investment, and certain regulatory procedures are completed, your money will Map the Perimeter. Equity crowdfunding investments in private placements, and start-up investments in particular, are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups. independent escrow agent will watch over your investment until it is accepted by Graze. Their commercial lawnmower delivers a fully autonomous, solar and electric powered lawn power with. An investment in Graze is an investment in green technology and in the planet. Real-time information on initial public offerings (IPO's) by MarketWatch. 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. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Graze is powered by electric and solar panel technology. Within the United States, commercial lawn mowers represented $1.4 billion of the $5 billion lawn mower market in 2016. Lawn-mowing and other lawn-care services are up over 20% year over year. The Company's former Chief Technology Officer departed as of January 15, 2020. different from that of common stock. Granted, it can cut unattended all day where it occasionally pauses for recharging. Graze raised roughly $14.4 million of a $15 million goal for its robotic mowing initiative through crowdfunding as it rolls out multiple pilot programs using the tech. The Silicon Beach startup said it has. Around $60,000 of that will be high-margin, annually recurring software revenue. A publicly listed company, in contrast, is required to file annual and quarterly reports and promptly disclose certain events through continuing disclosure that you can use to evaluate the status of your investment. Sounds like a bust in the making. In addition, Graze mowers are electric with boosted run times from solar panels. Discord IPO. Equity crowdfunding investments in private placements, and start-up investments in particular, are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups. The result is lower fuel costs, reduced carbon emissions, increased efficiencies, and improved safety measures. Gotta find the company thats going to take the risks. On the other side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. 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). 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. We are excited to unveil the future of commercial lawnmowing with our new Graze commercial mower." The new model comes equipped with longer battery life. We have $23M in pre orders via non-binding commercial contracts. How High Can the Supreme Court Take SOFI Stock? 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 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. Check your inbox for a special message from me. It has since been updated to reflect more recent developments. Additionally, we may not be able to make a transition to mass production, either via in house manufacturing or contract manufacturers. Future Labs V, Inc. dba "Graze Mowing . As of this writing, he did not hold a position in any of the aforementioned securities. what they are in traditional agriculture. All investors will receive quarterly update newsletters. We plan to initially rely on third-party manufacturers. Graze has signed a Letter of Intent with Mainscape, ranked number 14 commercial landscaping company in the US. There, John oversaw Safety for Monarchs six rollup companies in five states and worked with the Monarch CEO on acquisition prospects. 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. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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