Graze eliminates 50% or more of the labor costs and 75% of the fuel costs. With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . Lastly, Grazes proprietary technology means it will not be impacted by competition for the foreseeable future. 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. Technology/Autonomous Lawnmower. 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. Future Labs V, Inc. dba "Graze Mowing . will be a proud owner in Graze. Money & Mimosas is a registered trademark owned solely by Danetha Doe. 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. 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Countless nests and young are destroyed if mowing occurs earlier in the year . In the most sensible investment strategy for start-up investing, start-ups should only be part of your overall investment portfolio. Phillip is leading the engineering team, which is currently focusing on localization, perception, and motion planning for their commercial-grade autonomous lawn mower. The Company's former Chief Technology Officer departed as of January 15, 2020. As of this writing, he did not hold a position in any of the aforementioned securities. Graze is currently offering shares at $7.10. Minimum Investment:US $998 per investor. 2) Risk of fraudulent activity Graze could find itself in a similar position if this market scales similarly to the robotic vacuum cleaner market. A convertible note is a unique form of debt that converts into equity, usually in conjunction with a future financing round. Frankly I'm surprised automatic mowers aren't more popular. This couldsubject our company to liability due to personal safety or property damage issues. 5) Dearth of investor education. Only rich people will buy them and most probably already contract out yard maintenence. Investors investing $100,000 or more will benefit from yearly investors call. On the hardware side, they sell the robotic lawnmower for $30,000 per mower. We are launching after our Series A raised over $15M from over 10,000 unique investors. for you to make an investment decision in their company. before investing. Right now Graze does not plan to It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. 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). 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. different from that of common stock. These connections helped Graze to secure $36 million in preorders from landscapers and country clubs. In the big picture, Graze has a huge opportunity ahead of it. choose to do so, but until then you should plan to hold your investment for a significant period of time before a At the height of gas prices this past year, commercial landscaping companies saw fuel costs skyrocket. Founders Graham Bosher. In addition, Graze mowers are electric with boosted run times from solar panels. Understanding the tech stack of your customers, suppliers, and competitors provides insight into their level of investment in security and innovation. 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. 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. Map the Perimeter. That service is necessary to keep the mower up-to-date and functioning. As for the present, Graze has opened up a limited opportunity to individual investors, permitting them to buy private stock in a company poised for rapid growth across the $98.7 billion commercial landscaping market as well as the $14.16 billion golfing market. 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. All securities listed here are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. At some point Graze may As the demand for mowing services increases, so too will the demand from those service providers for mowing equipment. when the closing occurs and your securities have been issued. 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. Company has previously raised over $10M in capital. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. Over the past five years the commercial lawn mower market has experienced steady growth and that trajectory is expected to continue. Many people think . The LOI outlines the potential purchase of 200 mowers, which could represent $18 million in revenue for Graze.*. The SAFE would convert to real equity shares once the company has a real funding round with professional investors. 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. Some potential benefits of mowing include: weed management, enhancing forage quality and reducing grazing patterns. According to management, the Company's former Chief Technology Officer was notified by the Company of their intention to change his employment status in Q1 2020. 1,571 followers. 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. https://www.grazemowing.com/nb?utm_source=cpc&utm_medium=nonbranded&gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE. What Is the Best Tech Stock to Buy Now? 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. Danetha Doe is a writer, public speaker, and founder of Money & Mimosas. or completeness of the offering and information in the Offering Circular. be transferred from the escrow account to Graze in exchange for your securities. The savvy money blog for ambitious women. Because agriculture spends a large chunk of its money on manual labor. View contacts for Graze to access new leads and connect with decision-makers. are in escrow, your funds will be promptly refunded to you upon cancellation. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. Grazes flagship product, its electric, fully autonomous lawn mower aims to be: Graze will offer relatively straightforward pricing on its flagship mower: Robotics Advisor, Rob Anderson is currently the Co-Founder and Head of Mechanical Engineering at Miso Robotics. 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. 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. 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. John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. Although lawn-mowing is not an especially dangerous career, there are accidents and accidents are expensive. Thats not great news. You may only receive limited disclosure. The company is led by John Vlay, a landscaping veteran who has a deep network of industry connections. Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult to assess and you may risk overpaying for your investment. These risks include: 1) Greater chance of failure With Graze: 23% mowing labor cost with a 43% profit margin. Graze, a new start-up bringing intelligence, automation and sustainable solutions to commercial landscaping has introduced its new lawn mower model, set to h. Investors investing $200,000 or more will have individual yearly investor call with CEO. 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. 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. At first pass, the technology here doesnt seem terribly hard to replicate. Graze expects to reduce labor costs by 50% and increases margins by 5x. 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. Preferred equity is usually issued to outside investors and carries rights and conditions that are Our 7 Top Picks. Under Johns leadership, Jensen acquired a maintenance company in 2008 to extend its geographic reach to Sacramento and the North Bay before selling Jensen Landscape to private equity backed Monarch Landscape in 2016. An early-stage company may not have the benefit of such professional investors. "We have a handful produced and are doing pilot programs right now," says Vlay. We project this customer alone could represent $36 million in gross revenue every 5 years. The SEC is not judging the merits, accuracy, 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. 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. 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. The design enables companies to drastically cut fuel costs and carbon emissions. Most importantly, do not invest money you cannot afford to lose. But, is buying Graze stock worth the risk? You will receive an email Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. 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. 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. These statements reflect managements current views with respect to future events based on information currently available and are subject to risks and uncertainties that could cause the companys actual results to differ materially. Gotta find the company thats going to take the risks. Legal Name nature delivered ltd. Company Type For Profit. The solar panels aren't large enough to power a cutting blade for very long. Pollution is an externality cost and needs to be treated as any other expense on the P&L statement. 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. Graze is more than a mower, Graze is a land maintenance platform. Further assuming the company operates at iRobot-like gross margins (~50%) and opex rates (~40%), then Graze could be looking at $100 million in operating profits, or about $80 million after taxes. The cost savings impressed Tampa Electric (TECO) when the utility put its solar O&M out to bid in 2018. Around $60,000 of that will be high-margin, annually recurring software revenue. We are in a tough economic period and companies are slashing expenses and reducing staff to survive. 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. 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. Developing our prototype to . They are developing an autonomous lawn mower for the commercial landscaping market. 06/16/21 AT 9:16 PM. Graze is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. Still, at this stage, estimates along these lines seem aggressive. Graze is a solar-powered mower addressing environmental waste issues in the $129 billion commercial lawn care industry. Simply look at iRobot for proof of this. Second, after over 3 years of R&D we have reached an incredibly See more Create new account Hi, welcome to r/investing. Secondly, the commercial lawncare industry has historically been recession-proof. Destroyed if mowing occurs earlier in the big picture, Graze has a huge opportunity ahead it. 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