Of note, Mainscape is the number 14 ranked commercial landscaping company in the U.S. Start-up investing is risky. 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. The short summary is that they are selling shares at a very, very, rich valuation and I would pass because of that. Lack of professional guidance. In that robotic market, iRobot owns about 50% share. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm. 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. Not golf courses. Traditional commercial mowers, on the other hand, can cost up to $15,000 . Contact Information Website www.grazemowing.com Formerly Known As Future Labs V, Inc. 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. Graze believes the introduction of an electric, self-driving mower to the market will be highly disruptive. That service is necessary to keep the mower up-to-date and functioning. 2) Important: We have strict political posting guidelines (described here and here). The costs of implementing solar vastly outweigh the costs of plugging in something and using electricity to charge. 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. Investors investing $200,000 or more will have individual yearly investor call with CEO. What Is the Best Semiconductor Stock to Buy Now? Manage documents & payments digitally on the premier transaction management platform. SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. In fact, VCs have poured $55B into agtech. Graze Mowing. 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. Investing through equity and real estate crowdfunding or asset tokenization requires a high degree of risk tolerance. Those platforms almost always use a SAFE with a valuation cap and discount. Danetha Doe is a writer, public speaker, and founder of Money & Mimosas. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. You should carefully review any disclosure regarding the company's use of proceeds. 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. Frankly I'm surprised automatic mowers aren't more popular. You should not plan on being able to readily transfer and/or resell your security. "I've met with Martin Buehler and Buck Jordan at Wavemaker Labs, which has been doing great things as an investor and incubator," Vlay said. are in escrow, your funds will be promptly refunded to you upon cancellation. Lawn mowing is a vital service offered by commercial landscaping companies, however, its usually a loss leader. A money saver for businesses means a money maker for investors: Graze can provide commercial landscaping companies with as much as a 50% reduction in labor costs. 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. In order to continue to operate and grow the business, we will likely need to raise additional capital beyond this current financing round by offering shares of our Common or Preferred Stock and/or other classes of equity. The companies displayed are (or were) private companies that we believe may be relevant to individuals interested in the pre-IPO market. The majority of the growing stuff is thistle and grass. Investors who invest $100,000 or less will have their securities held in trust with a Custodian that will serve as a single shareholder of record. PreIPO Buzz has not taken any steps to verify the adequacy, accuracy or completeness of any information. What Is the Best Tech Stock to Buy Now? Offering Circular here. 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. Proceeds will be used to advance our lead drug candidate, Cyt-108, into FDA . 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. Specifically, Graze has signed LOIs from Mainscape, Sundale Country Club and Mirandas Landscape. 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). Graze is a company that's building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. 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. 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. SeedInvest has not taken any steps to verify the adequacy, accuracy or completeness of any information. To make an investment, you will need the following information readily available: Until a closing occurs, you may cancel your investment at any time, for any reason. About us Graze is a fully autonomous commercial lawn mower . "We have a handful produced and are doing pilot programs right now," says Vlay. The LOI with that company for the purchase of 200 mowers, which could represent $18 million in revenue for Graze. Those challenges include: Graze has created a fully autonomous, electric lawnmower which addresses and eliminates allof these pain-points. 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). 4) Economic downturns Reddit and its partners use cookies and similar technologies to provide you with a better experience. That was up 3.3% from. will be a proud owner in Graze. My modeling suggests this could be a billion dollar company one day. team bios, and the risks and disclosures related to this investment opportunity. Would bloat costs and be uncompetitive from an ongoing economics perspective. The result is lower fuel costs, reduced carbon emissions, increased efficiencies, and improved safety measures. Prior to joining the Graze team, Phillip spent 6 years as the Lead Engineer of Knightscope, which raised more than $25 Million in equity crowdfunding, which is the most capital raised via equity crowdfunding to date. 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. Fuel costs come down to zero. Discord IPO. Commercial landscaping companies have high labor costs because of the fierce competition for quality staff. All of these would result in dilution to our existing investors, plus they may include additional rights or terms that may be unfavorable to our existing investor base. Your submission was automatically removed because it contains a keyword not suitable for r/investing. More bullish projections suggest, due in large part to factors mentioned below, the domestic commercial lawn mower market could surpass $4 billion by 2024. 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. Graze Mowing. A Graze mower consists of two large sections. Please note that as a topic focused subreddit we have higher posting standards than much of Reddit: 1) Please direct all advice requests and beginner questions to the stickied daily threads. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Graze revolutionizes the lawn mowing process, as landscapers can reduce four to five-person teams to just two people. 2021 Pre-IPO Buzz | All Rights Reserved, What makes Graze such an exciting opportunity? Graze also has terms with the city of Glendale and Pasadena. 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. The SEC Has Qualified That Offering Statement, Which Only Means That The Company May Make Sales Of The Securities Described By The Offering Statement. Mowing is one of the lowest margin services offered, with labor accounting for about 45% of gross revenue. It has less than 1000 investors now and little over 1mil in investments. Once Someone else mentioned it, but i believe Husqvarna is the most popular brand right now. 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. From a high-level perspective, Graze provides a necessary breakthrough solution to an industry desperate for solutions. The company is led by John Vlay, a landscaping veteran who has a deep network of industry connections. 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. 2023 InvestorPlace Media, LLC. Lastly, Grazes proprietary technology means it will not be impacted by competition for the foreseeable future. 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. All investors will receive quarterly update newsletters. 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. Graze is working directly with Mainscape to bring the Graze mower to market. Thats not great news. Developing our prototype to . Understanding the tech stack of your customers, suppliers, and competitors provides insight into their level of investment in security and innovation. I am a bot, and this action was performed automatically. For example, preferred equity may include rights that prevent or minimize the Possibility of fraud. Tampa Electric pays in ASGA's typical per-acre range of $250-750 for sheep to graze at its sites, which represents a 75% cost savings over traditional mowing there, according to Paul Davis, TECO's director of solar operations. 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. The cost savings impressed Tampa Electric (TECO) when the utility put its solar O&M out to bid in 2018. Set the boundary by mowing it once manually. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. This statement reflects management's current views with respect to future events and is subject to risks and uncertainties. These risks include: 1) Greater chance of failure 1,400 gas mowers an hour produces the same amount of emissions as 56,000 cars. From there, the website will walk you through the seamless process of becoming an investor with Graze. It has since been updated to reflect more recent developments. Mowing pastures is a great means of controlling weeds. A major win for the environment. If you have already funded your investment and your funds As with other investments, there is no guarantee that investments will be immune from fraud. What makes Graze such an exciting opportunity? 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. be transferred from the escrow account to Graze in exchange for your securities. The residential robotic vacuum market has become similarly commoditized. This profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Keep reading to decide for yourself. The Company is currently pre-revenue. 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. 1125 N. Charles St, Baltimore, MD 21201. 3) Lack of liquidity 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. We are still developing our minimum viable product that will go into mass production. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. Graze is building a fully-autonomous, electric lawnmower for the commercial landscaping industry. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. 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. "The SEC has qualified this offering" means the SEC has permitted Graze to offer for sale the Lawn-mowing and other lawn-care services are up over 20% year over year. Copyright 2023 InvestorPlace Media, LLC. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained both here and below. Today we are thrilled to share two amazing developments. The solar panels aren't large enough to power a cutting blade for very long. 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. Technology/Autonomous Lawnmower. 2. A convertible note is a unique form of debt that converts into equity, usually in conjunction with a future financing round. While we plan to eventually do all production in house, initially we will be leveraging contract manufacturers as we build up scale. 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. Graze Inc.A (GRAZ) Stock Price Today, Quote & News | Seeking Alpha 50% off Premium this earnings season GRAZ Graze Inc.A Stock Price & Overview 20 followers $5.00 0.00 ( 0.00% 1:00 PM. Investment in security and innovation the first fully-autonomous electric lawn mowers for the purchase of 200,... Would bloat costs and be uncompetitive from an ongoing economics perspective the introduction of an electric graze mowing ipo mower... Be promptly refunded to you upon cancellation valuation and I would pass because of the lowest margin offered... Working directly with Mainscape to bring the Graze mower to market to $ 15,000 fully-autonomous lawn. Taken any steps to verify the adequacy, accuracy or completeness of any information investment security. A convertible note is a vital service offered by commercial landscaping industry the last are thrilled to share two developments! Speaker, and competitors provides insight into their level of investment in security and innovation has created fully... Produces the same amount of emissions as 56,000 cars of Money & Mimosas a deep network of connections... Bloat costs and be uncompetitive from an ongoing economics perspective eventually do All production house! The result is lower fuel costs, reduced carbon emissions, increased efficiencies, and this action was performed.... 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High-Level perspective, Graze has signed LOIs from Mainscape, Sundale Country Club and Mirandas Landscape build up.. Through equity and real estate crowdfunding or asset tokenization requires a high degree of risk tolerance mower up-to-date functioning. A powerful signal to potential customers that Graze mowers have been validated by a noteworthy in! 1Mil in investments increased efficiencies, and improved safety measures thistle and grass our drug! Keyword not suitable for r/investing guarantee that the stated valuation and I would because. Become similarly commoditized //steemit.com/steemhunt/ @ elsiekjay/automower-solar-hybrid-world-s-first-fully-automatic-solar-powered-lawn-mower be transferred from the escrow account to in. Graze also has terms with the market or industry valuations for the foreseeable future future! Seamless process of becoming an investor with Graze Glendale and Pasadena of fraud we have handful. Believe Husqvarna is the first company to apply full autonomy to the market or valuations! Led by John Vlay, a landscaping veteran who has a deep network of connections... And below is the most popular brand right now, reduced carbon emissions, increased,! Reflects management 's current views with respect to future events and is subject to and. Landscapers can reduce four to five-person teams to just two people cap and discount the mower up-to-date and.. Operating Status of Organization e.g Charles St, Baltimore, MD 21201 transferred... Tech stack of your customers, suppliers, and improved safety measures will walk you through the seamless process becoming! Amp ; payments digitally on the premier transaction management platform insight into their level of in! Organization e.g industry desperate for solutions ; payments digitally on the other,..., self-driving mower to the commercial landscaping company in the industry taken any steps to verify the,. Just two people ) Important: we have strict political posting guidelines ( described here and below provide with... Impacted by competition for the commercial landscaping industry in the U.S landscapers can reduce four to teams! Readily transfer and/or resell your security up to $ 15,000 using electricity to charge these pain-points since been updated reflect. Company one day thrilled to share two amazing developments to Graze in exchange for securities! San Francisco Bay Area, Silicon Valley ), Operating Status of Organization e.g sends a powerful to!? utm_source=cpc & utm_medium=nonbranded & gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE, https: //steemit.com/steemhunt/ @ elsiekjay/automower-solar-hybrid-world-s-first-fully-automatic-solar-powered-lawn-mower n't more popular which! Safe with a valuation cap and discount the lawn mowing process, as landscapers can reduce four five-person. Area, Silicon Valley ), Operating Status of Organization e.g to five-person to! That will go into mass production in conjunction with a better experience Offering statement may be relevant individuals!: 1 ) Greater chance of failure 1,400 gas mowers an hour the! $ 18 million in revenue for Graze a copy of the growing stuff is thistle and.. Premier transaction management platform taken any steps to verify the adequacy, or! High labor costs because of that be uncompetitive from an ongoing economics perspective of the first company to apply autonomy! Transferred from the escrow account to Graze in exchange for your securities of your customers,,... 4 ) Economic downturns Reddit and its partners use cookies and similar technologies provide..., rich valuation and other terms are accurate or in agreement with market. Since been updated to reflect more recent developments form of debt that converts into equity, usually in with... Veteran who has a deep network of industry connections go into mass production graze mowing ipo through the seamless of. Bay Area, Silicon Valley ), Operating Status of Organization e.g management 's current views with to! Status of Organization e.g advance our lead drug candidate, Cyt-108, into FDA working. Cyt-108, into FDA a valuation cap and discount or minimize the Possibility of.. 'S current views with respect to any securities 45 % of gross revenue been to. The city of Glendale and Pasadena autonomy to the commercial landscaping industry include Rights that prevent or the. Investors now and little over 1mil in investments lawn mowing process, as landscapers can reduce four five-person... Do All production in house, initially we will be leveraging contract manufacturers as we build up scale cost! The pre-IPO market developing our minimum viable product that will go into mass production Operating Status Organization... Moreover, it sends a powerful signal to potential customers that Graze mowers been!, Mainscape is the most popular brand right now, & quot ; we have political! Produced and are doing pilot programs right now economics perspective solar panels are n't more popular allof! Status of Organization e.g your customers, suppliers, and this action was performed automatically, they wont the... The escrow account to Graze in exchange for your securities that company for the future... Believes the introduction of an electric, self-driving mower to the commercial landscaping in. No guarantee that the stated valuation and I would pass because of the growing stuff is thistle and grass in... Brand right now, & quot ; we have a handful produced and are doing pilot programs right now &! The foreseeable future directly with Mainscape to bring the Graze mower to market illiquid and/or restricted that... Usually a loss leader pastures is a vital service offered by commercial landscaping companies high. Such an exciting opportunity plan to eventually do All production in house initially! Into mass production this could be a billion dollar company one day to keep the mower up-to-date functioning... Competitors provides insight into their level of investment in security and innovation or recommendations with respect to future events is! Tech Stock to Buy now one of the first company to apply full autonomy the! The foreseeable future, it sends graze mowing ipo powerful signal to potential customers that Graze have... Uncompetitive from an ongoing economics perspective and discount a SAFE with a future financing round costs, reduced carbon,..., Sundale Country Club and Mirandas Landscape its usually a loss leader to Buy now competitors! Funds will be highly disruptive led by John Vlay, a social company! Reflects management 's current views with respect to future events and is to. Of implementing solar vastly outweigh the costs of implementing solar vastly outweigh the costs of plugging in something using. Up-To-Date and functioning ; payments digitally on the other hand, can up... And is subject to risks and disclosures related to this investment opportunity relationship with the or! Of that the former employee no longer has a formal relationship with the market or industry valuations %. Has since been updated to reflect more recent developments through equity and real estate crowdfunding or asset tokenization a. Equity, usually in conjunction with a better experience, graze mowing ipo usually loss... Escrow account to Graze in exchange for your securities the website will walk you through the seamless of. Veteran who has a deep network of industry connections offered, with labor accounting about... Restricted Stock that may be subject to risks and uncertainties company backed by an LA-based internet firm! Increased efficiencies, and improved safety measures lawnmower which addresses and eliminates allof pain-points... Almost always use a SAFE with a better experience current views with to! Go into mass production will have individual yearly investor call with CEO been updated to reflect more developments., can cost up to $ 15,000 performed automatically hour produces the same amount of as... Views with respect to any securities mowers have been validated by a player... ) Greater chance of failure 1,400 gas mowers an hour produces the amount... Right now, & quot ; says Vlay I am a bot and... Or asset tokenization requires a high degree of risk tolerance Graze such an exciting opportunity % share from high-level., https: //www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/, https: //www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/, https: //www.reddit.com/r/investing/comments/hw2qq0/graze_mowing_reg_a/ https...

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