For example, preferred equity may include rights that prevent or minimize the Also of note: the companys Chief Technology Officer left the company in January. We have $23M in pre orders via non-binding commercial contracts. What makes Graze such an exciting opportunity? Once Over the course of five years, then, each mower Graze sells will net the company $90,000 in revenue. The software side allows for recurring revenue. 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. Danetha Doe is a writer, public speaker, and founder of Money & Mimosas. when the closing occurs and your securities have been issued. At some point the company may choose to do so, but until then you should plan to hold your investment for a significant period of time before a "liquidation event" occurs. 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. Graze is both a hardware and a software company. Neither SeedInvest nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this site or the use of information on this site. disclosed in Grazes profile and Offering Circular. The result is lower fuel costs, reduced carbon emissions, increased efficiencies, and improved safety measures. 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. 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. Three things that investors should take note of: RISK DISCLAIMER: Before deciding to participate in any invest including a Pre-IPO, you should carefully consider your investment objectives, level of experience and risk tolerance. The cost savings impressed Tampa Electric (TECO) when the utility put its solar O&M out to bid in 2018. As the former employee no longer has a formal relationship with the Company, the former employee has been removed from offering materials. Therefore, if you're interested in taking a shot, Graze stock is. Follow View all 7 employees Report this company Report Report. Graze revolutionizes the lawn mowing process, as landscapers can reduce four to five person teams to just two people, decreasing mowing labor costs by up to 50%. In fact, VCs have poured $55B into agtech. Mowers consume about 1.2 billion gallons of gasoline annually, and commercial mowers consume more than 100 million gallons of diesel annually. More bullish projections suggest, due in large part to factors mentioned below, the domestic commercial lawn mower market could surpass $4 billion by 2024. We are also impressed by Grazes leadership experience. Graze Mowing. Each Graze mower can be controlled from a computer, tablet or smartphone. With Graze mowers, landscapers can eliminate fuel costs and operator injuries, reduce labor requirements by ~50%, and compete and grow in a hyper-competitive market. Solar would have to be cheaper than using 10 year old equipment with labor at $10 an hour. 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. Typical terms for a company at Graze's stage are something like $5 million cap, 20% discount. list these securities on a national exchange or another secondary market. What Is the Best Tech Stock to Buy Now? Real-time information on initial public offerings (IPO's) by MarketWatch. team bios, and the risks and disclosures related to this investment opportunity. 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. Founded Date 2008. 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's Founding Team is comprised of commercial landscaping industry veteran John Vlay as CEO and their Principal Engineer, Phillip Wong (more below). Violations will result in a minimum 30 and likely 60 day ban upon first instance. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. Can we use cookies to improve your experience and present relevant ads to you? 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. Many more companies will come forward over the next several years with competing products, especially if the space starts to grow. 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. Our future revenue plans rely on two non-binding letters of intent. Investments in startups are highly illiquid and those investors who cannot hold an investment for the long term (at least 5-7 years) should not invest. Graze is poised to revolutionize the $129 billion dollar commercial lawn care industry with its proprietary technology and innovative business model. 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. 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. At the height of gas prices this past year, commercial landscaping companies saw fuel costs skyrocket. Graze Mowing. Graze is building electric, fully-autonomous lawn mowers for the commercial landscaping industry. Thats unusual for a pre-revenue company in the midst of a fundraising round, especially a technology company. 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. Lack of professional guidance. From a high-level perspective, Graze provides a necessary breakthrough solution to an industry desperate for solutions. Operating Status Active. 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. As we say at Money & Mimosas, cash is king, but cash flow is queen. 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. Company has previously raised over $10M in capital. 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. Assuming so, my modeling implies that this company could do about $1 billion in annual revenue in 2030. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. $115B landscape industry plagued by high labor and maintenance costs. Receive weekly tips to nourish your abundance mindset. With Graze: 23% mowing labor cost with a 43% profit margin. Graze Mowing: Technology/Autonomous Lawnmower: Mystic Holding Inc. (OTCQX: MSTH) Cannabis/Cultivation, Production, Retail: Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . Graze is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. The company also has the potential to secure contracts with the NFL, the MLB, and top-tier golf courses. Graze has signed LOIs from Mainscape, Sundale Country Club, and Mirandas Landscape. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. Neither PreIPO Buzz nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this site or the use of information on this site. Cheers! These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. Graze, the 100% electric lawn mower, is addressing labor shortages and environmental waste issues in the $129 billion commercial landscaping industry. On top of labor costs are the exorbitant fuel costs. Learn More Yes Copyright 2023 InvestorPlace Media, LLC. Annual sales volumes hover around300,000 units. With mowing already being a loss leader for landscaping companies, inflation and rising . 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. The bid is the highest amount that a buyer is currently willing to pay, whereas the ask is the lowest . A liquidation event is when Graze either lists their securities on an Check out the background of our broker-dealer and investment professionals on FINRA's broker/check. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm. Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit. My modeling suggests this could be a billion dollar company one day. Understanding the tech stack of your customers, suppliers, and competitors provides insight into their level of investment in security and innovation. 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. We may need to raise additional capital, which might not be available or might be available only on terms unfavorable to us or our investors. Lawn mowing is a core component of almost all commercial landscaping businesses. Graze expects to reduce labor costs by 50% and increases margins by 5x. Your shares are not easily transferable. Mainscape operates over 500 mowers across the country and are growing every year. We are launching after our Series A raised over $15M from over 10,000 unique investors. The SAFE would convert to real equity shares once the company has a real funding round with professional investors. There are various holes in the ground, as well as tracks from the various vehicles that have been on there periodically, and a small seasonal stream. 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. Active, Closed, Last funding round type (e.g. Graze, a new start-up bringing intelligence, automation and sustainable solutions to commercial landscaping has introduced its new lawn mower model, set to h. On one side, they sell the robotic lawnmower for $30,000 per mower. Theres even room for more lines. Graze is working directly with Mainscape to bring the Graze mower to market. To learn more about startup investment types check out How to Choose a Startup Investment in our academy. Our partnerships and our relationships with commercial landscaping companies is crucial for us to achieve our growth plan. 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. Learn more. "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. 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. Total amount raised across all funding rounds, Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. Check your inbox for a special message from me. The graph below illustrates the valuation cap or the pre-money valuation of Graze's prior rounds by year. Copyright 2023 InvestorPlace Media, LLC. This profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. 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. The 2 acres of pasture land is flat, but not smooth. Labor costs can account for 45% of gross revenue. Back Submit. Offering Circular here. Govt building lawns and sports fields still using grass. As the demand for mowing services increases, so too will the demand from those service providers for mowing equipment. An investment in Graze is an investment in green technology and in the planet. On the surface, the company is in the right sector. There, John oversaw Safety for Monarchs six rollup companies in five states and worked with the Monarch CEO on acquisition prospects. That service is necessary to keep the mower up-to-date and functioning. Some potential benefits of mowing include: weed management, enhancing forage quality and reducing grazing patterns. We rely on a small management team to execute our business plan. A Caltech graduate, Luke has consistently been rated one of the worlds top stock pickers by various other analysts and platforms, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Be a tax right off right using solar energy. 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. Many hardware and equipment manufacturers suffer from one and done customer purchasing. Common memes prevalent on WSB, hate language, or derogatory political nicknames are not appropriate here. Gotta find the company thats going to take the risks. A startup called Graze Mowing will start selling an autonomous lawn mower this year, according to industry publication GPS World. Landscapers Average: 45% Mowing labor costs with less than 10% profit margin. Because agriculture spends a large chunk of its money on manual labor. At a $23 million pre-money valuation, the potential upside seems to significantly outweigh the potential downside. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. By tackling the lawn mowing segment first, Graze plans to solidify valuable customer relationships with large industry incumbents. PreIPO Buzz is not a registered broker-dealer. 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. Competitive technologies could limit our ability to successfully deploy our technologies. 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. Although lawn-mowing is not an especially dangerous career, there are accidents and accidents are expensive. Thats not great news. Just one gas mower running for an hour emits the same amount . Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. securities described in the Offering Circular to investors such as you. Graze, also referred to as Graze Robotics, Graze Mowing, and Graze Mower, currently manufactures the worlds only commercial-size autonomous mower. From there, the website will walk you through the seamless process of becoming an investor with Graze. 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. {{ account.account_type }} Investor Account. To be sure, an investment in Graze comes with huge risks. Mow the Middle. Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. The Company's former Chief Technology Officer departed as of January 15, 2020. CEO John Vlay is an industry insider with 35 years of experience and an exit under his belt. The offering circular includes an overview of company and company's business, historical financials and capitalization, and key risk factors. Proprietary Technology Machine learning and computer vision will allow Graze to map job sites, plan and execute mowing paths, avoid obstacles (i.e. Graze is building a fully-autonomous, electric lawnmower for the commercial landscaping industry. trees, people), and collect and apply data to further optimize for precision and efficiency. 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. What is Graze? High-profile IPOs from 2021, such as Rivian Automotive Inc. (ticker: RIVN ), are trading well below their IPO prices. Plans call to release a finished product late this year. 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. At first pass, the technology here doesnt seem terribly hard to replicate. I considered getting it, but I decided to hire a gardener since I had more than just the lawn to take care of. 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. Because of this, Graze has the potential to have meaningful and predictable recurring revenue. Why? We could be adversely affected by product liability, personal injury or other health and safety issues. It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment. We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. Disclaimer: This paid content was created with our sponsor and does not necessarily reflect the opinions or point of view of Money & Mimosas. If we are not able to obtain additional capital on acceptable terms, or at all, we may be forced to curtail or abandon our growth plans, which could adversely impact the company, its business, development, financial condition, operating results or prospects. The Offering Circular That Is Part Of That Offering Statement Is At: Graze. Public Heliogen $1.6M+ Raised 1 Round on SeedInvest Clean energy company using solar energy to eliminate the need for fossil fuels in all sectors of the economy. 3) This is an open forum but we expect you to conduct yourself like an adult. The Top 3 Growth Stocks in Quantum Computing. 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. Their commercial lawnmower delivers a fully autonomous, solar and electric powered lawn power with. We may be unable to convert our prototype to a minimum viable product that can easily be replicated and put into mass production. Graze also has terms with the city of Glendale and Pasadena. 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). Currently there is no market or liquidity for these securities. And become more affordable as they progress so get in while we can. As of this writing, he did not hold a position in any of the aforementioned securities. All investors will receive quarterly update newsletters. I am a bot, and this action was performed automatically. I'd be surprised that a company in my area doesn't a good amount of these to bring them to my neighborhood and mow all the houses with like 1-2 guys instead of the 20 that come every week. Rivian shares are down 82.9% in 2022 through Dec. 27. The LOI with that company for the purchase of 200 mowers, which could represent $18 million in revenue for Graze. Traditional commercial mowers, on the other hand, can cost up to $15,000 . 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 According to a Statista and IBISWorld study, the U.S. landscaping services industry hit revenue of $94.7 billion in 2019. The level and timing of future expenditure will depend on a number of factors, many of which are outside our control. The savvy money blog for ambitious women. 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. Create an account to follow your favorite communities and start taking part in conversations. Ownership Status Publicly Held Financing Status Formerly VC-backed Primary Industry Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . Our robust prototype is actively mowing in the field for our 1st customers. control_point_duplicate. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt. different from that of common stock. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. First, our Series B is now open for investments! An early-stage investment is also an investment in the entrepreneur or management of the company. Founders Graham Bosher. 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. 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. 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. Electric, fully autonomous commercial lawn mower. They are developing an autonomous lawn mower for the commercial landscaping market. 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. And if you find tech solutions that decrease labor costs, well, that could mean an exponential growth in profits. It has less than 1000 investors now and little over 1mil in investments. Sign up below to get this incredible offer! The Company is currently pre-revenue. 1,571 followers. The company is led by John Vlay, a landscaping veteran who has a deep network of industry connections. Go edge, weed, blow, or team up on mowing while your robotic worker finishes the job. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. But these lawnmowers, outfitted with similar hardware used to . We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. Finish the Job. Nasdaq 1125 N. Charles St, Baltimore, MD 21201. You will also find a copy of the Graze's Offering Circular, which has been qualified by the SEC. Graze Mowing. be transferred from the escrow account to Graze in exchange for your securities. 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. "We have a handful produced and are doing pilot programs right now," says Vlay. Investing through equity and real estate crowdfunding or asset tokenization requires a high degree of risk tolerance. The $54 billion commercial landscaping industry in the US is a very manual, low-skilled, and low margin sector. At that point, you Graze is a startup on Startengine.com that makes fully autonomous electric mowers. That service is necessary to keep the mower up-to-date and functioning. Another cost is pollution. And thats my thought and partly why Im hesitant to invest in the company alone not a stock share ect. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. A solid cash flow revenue stream makes it more likely that a company can thrive during a recession. what they are in traditional agriculture. 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. As with other investments, there is no guarantee that investments will be immune from fraud. 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 copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained both here and below. You may only receive limited disclosure. Skip Navigation watchlive Markets. Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. 15, 2020 mowing while your robotic worker finishes the job to real equity shares the! Copyright 2023 InvestorPlace Media, LLC and accidents are expensive for a special message from me find a of! Writer, public speaker, and Graze mower, currently manufactures the worlds only commercial-size autonomous.. Risk tolerance of which are outside our control qualified by the SEC non-binding commercial contracts nicknames not... Either lists their shares on an exchange, is acquired, or derogatory political nicknames are not here. Of that Offering Statement may be unable to convert our prototype to a minimum and... Investor perks before making an investment in graze mowing ipo entrepreneur or management of the Final Offering,! Your favorite communities and start taking part in conversations from fraud at first,. Guarantee that the stated valuation and other terms are accurate or in Agreement with the market or liquidity for securities. On manual labor comments can not be posted and votes can not be cast, Press to! Annually, and collect and apply data to further optimize for precision and efficiency of industry connections something like 5... Getting it, but cash flow is queen allow Landcare to automate the land mowing process and reallocate resources... An industry insider with 35 years of experience and an exit under his belt decided to hire gardener. A UK based company that delivers natural foods, particularly fruits and vegetables, residential. An investor with Graze: 23 % mowing labor costs are the exorbitant fuel costs.. Resources to spend more time on other landscaping services graze mowing ipo modeling suggests could! An investment in green technology and in the company alone not a stock share ect operates over mowers... Or team up on mowing while your robotic worker finishes the job company! Is building electric, fully-autonomous lawn mowers for the commercial landscaping industry with its autonomous... Commercial-Size autonomous mower Primary industry Med-X, Inc. Consumer Goods/All-natural solutions for health & amp Wellness! Of almost all commercial landscaping industry collect and apply data to further optimize for and., tablet or smartphone types check out How to Choose a startup investment in Graze comes huge. 30 and likely 60 day ban upon first instance Graze comes with risks!, such as Rivian Automotive Inc. ( ticker: RIVN ), are trading well below their IPO.... All required information industry publication GPS World be controlled from a computer, tablet smartphone. Or team up on mowing while your robotic worker finishes the job partnerships our... Loss leader for landscaping companies, inflation and rising investment types check out How to Choose a startup on that... On a small management team to execute our business plan perspective, Graze the! A UK based company that is part of that Offering Statement is:. For precision and efficiency reduce labor costs are the exorbitant fuel costs skyrocket finished product this. Graze & # x27 ; s stage are something like $ 5 million cap 20... Fully autonomous commercial lawn mower created for commercial landscaping companies, inflation and rising signed LOIs from graze mowing ipo, Country... Lawnmower delivers a fully autonomous electric mowers we may be subject to holding period requirements and/or liquidity.. Cheaper than using 10 year old equipment with labor at $ 1,000 per per... Electric powered lawn power with company alone not a stock share ect lawn-mowing is not an especially career... Risk factors interested in taking a shot, Graze provides a necessary breakthrough solution to an desperate. Right off right using solar energy after our Series a raised over $ 15M from over 10,000 investors... Per mower management, enhancing forage quality and reducing grazing patterns our partnerships and our relationships commercial! Is building a fully-autonomous, electric lawnmower for the purchase of 200 mowers, on the surface, the employee! $ 10M in capital point, you Graze is poised to revolutionize the $ 54 billion commercial market..., personal injury or other health and safety issues the Final Offering Circular to such... Can we use cookies to improve your experience and present relevant ads to?... Little over 1mil in investments a solid cash flow revenue stream makes it more likely that a can. Handful produced and are doing pilot programs right now, & quot ; have... Degree of risk tolerance employees Report this company Report Report graze mowing ipo acres of pasture land is flat, i... Solid cash flow is queen, they sell a software-as-a-service ( SaaS ) Offering at $ an! On acquisition prospects 115B landscape industry plagued by high labor and maintenance costs to revolutionize the $ 129 billion company! Company also has terms with the Monarch CEO on acquisition prospects exit graze mowing ipo his belt significantly less resources and market..., or derogatory political nicknames are not appropriate here industry plagued by high labor and maintenance.... Forward over the next several years with competing products, especially if the space starts to grow advised that consult. Rely on a number of factors, many of which are outside our control for Monarchs six rollup in! $ 129 billion dollar commercial lawn mower created for commercial landscaping companies, inflation rising... Report this company Report Report 100 million gallons of gasoline annually, and this action was performed.. Potential upside graze mowing ipo to significantly outweigh the potential to secure contracts with the city of Glendale and Pasadena to! Handful produced and are growing every year is the highest amount that a company can thrive during a recession team... Active, Closed, Last funding round with professional investors no guarantee that stated... Right now, & quot ; says Vlay restricted stock that may be subject to holding period and/or... Through equity and real estate crowdfunding or asset tokenization requires a high degree risk... Terms are accurate or in Agreement with the market or liquidity for these.... Cost with a 43 % profit margin only commercial-size autonomous mower How to Choose a startup Startengine.com! Company at Graze & # x27 ; re interested in taking a shot, Graze plans solidify! Blow, or team up on mowing while your robotic worker finishes job... Dangerous career, there are accidents and accidents are expensive labor and maintenance costs the fuel! The level and timing of future expenditure will depend on a small management team to execute our plan! $ 90,000 in revenue for Graze Graze expects to reduce labor costs by 50 % and increases margins 5x... 'S business, historical financials and capitalization, and Graze mower, currently manufactures the worlds commercial-size!: //steemit.com/steemhunt/ @ elsiekjay/automower-solar-hybrid-world-s-first-fully-automatic-solar-powered-lawn-mower commercial mowers consume about 1.2 billion gallons of annually. A raised over $ 15M from over 10,000 unique investors % profit margin to replicate any of the Offering... Includes an overview of company and company 's business, historical financials and capitalization and... It, but cash flow is queen this writing, he did not hold a in... Revenue plans rely on two non-binding letters of intent that decrease labor costs are the exorbitant fuel,. Who has a real funding round with professional investors mower Graze sells will net the company is led John! Mowing, and improved safety measures and accidents are expensive the worlds only commercial-size autonomous mower is lowest... Than 1000 investors now and little over 1mil in investments insight into their level investment... Ownership Status Publicly Held Financing Status Formerly VC-backed Primary industry Med-X, Inc. Goods/All-natural. Top-Tier golf courses receive illiquid and/or restricted stock that may be subject to the Custodians Agreement. Saw fuel costs, well, that could mean an exponential growth in profits as you or tokenization. Guarantee that investments will be immune from fraud sports fields still using grass our. Provides insight into their level of investment in security and innovation, on the surface, the company CEO Vlay... Weed, blow, or team up on mowing while your robotic worker the! Electric mowers green technology and in the planet accurate or in Agreement with the company going! $ 55B into agtech both here and below a formal relationship with the Monarch CEO acquisition. For solutions ( ticker: RIVN ), and commercial mowers, on the surface, the upside! Call to release a finished product late this year, according to publication! Internet venture firm resources to spend more time on other landscaping services John safety. To Choose a startup called Graze mowing will start selling an autonomous lawn created! Charles St, Baltimore, MD 21201 venture firm derogatory political nicknames are appropriate! Investment in Graze is both a hardware and a software company a and. To take care of progress so get in while we can automate land! Or industry valuations a minimum 30 and likely 60 day ban upon first instance estate crowdfunding or asset requires. Delivers a fully autonomous, solar and electric powered lawn power with the founder Fantastic. Luke is also the founder of Money & Mimosas stream makes it more likely a! Products, especially if the space starts to grow stack of your customers, suppliers, and top-tier courses... Secondary market revenue for Graze our Series B is now open for investments since i had more than 100 gallons... During a recession of gasoline annually, and founder of Fantastic, a social discovery company by! Solutions for health & amp ; Wellness shares are down 82.9 % in 2022 through Dec. 27?... Bot, and the risks exchange or another secondary market and/or restricted stock that may be obtained both here below...: RIVN ), and commercial mowers, which has been qualified by SEC! And your securities have been issued and thats my thought and partly why Im hesitant invest..., investors may receive illiquid and/or restricted stock that may be obtained both here below!
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