Hi, welcome to r/investing. Of note, Mainscape is the number 14 ranked commercial landscaping company in the U.S. 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. With Graze, landscapers may reduce 4-5 person teams to 2 people, eliminate fuel costs, increase operating margins, and win new business by undercutting competitors, if desired. SI Securities does not provide custody services in connection any investments made through the platform. The Silicon Beach startup said it has. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. control_point_duplicate. Start-up investing is risky. The solar panels aren't large enough to power a cutting blade for very long. All rights reserved. What makes Graze such an exciting opportunity? Commercial landscaping and maintenance companies regularly purchase new equipment at the end of useful life spans (i.e., every 2-5 years). 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. In addition, there may be additional classes of equity with rights that are superior to the class of equity being sold. Typical terms for a company at Graze's stage are something like $5 million cap, 20% discount. "They sort of behave like a Roomba robot - they walk around the site and eat and cover it all pretty effectively," he said. At first pass, the technology here doesnt seem terribly hard to replicate. In addition, Graze mowers are electric with boosted run times from solar panels. Keeping weeds the same height of grass will give grass an advantage and . If that does happen, an investment in Graze today could yield huge returns. Around $60,000 of that will be high-margin, annually recurring software revenue. It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment. Husqvarna has one already and if iRobot doesn't they certainly could. It all happens at the free AI Super Summit. Minimum Investment:US $998 per investor. Download Graze's Says its 5.99 a share and a 997.60 minimum. Solar and batteries are expensive. You will receive an email In addition to these risks, you should carefully consider the specific information and risks The founder of Money & Mimosas. Thats unusual for a pre-revenue company in the midst of a fundraising round, especially a technology company. *This calculation is based on our intended subscription pricing model of $12,000 per year, per mower and $30,000 upfront equipment price upon launch, times 200 mowers. What yall think? That's it. Graze Mowing. Santa Monica, California, United States 1-10 Equity Crowdfunding Private www.grazemowing.com/ 36,792 Highlights Total Funding Amount $7.6M Contacts 4 Employee Profiles 3 Investors 4 Similar Companies 7 Apr 6, 2020 / Connor Doherty 2 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. SeedInvest has not taken any steps to verify the adequacy, accuracy or completeness of any information. 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. The Company's former Chief Technology Officer departed as of January 15, 2020. Copyright 2023 InvestorPlace Media, LLC. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. Graze eliminates 50% or more of the labor costs and 75% of the fuel costs. This is not an investment for the faint of heart, and each investor must do their own due diligence. Its a win-win solution that could easily see ubiquitous adoption across the commercial landscaping market over the next 5 to 10 years. Just one gas mower running for an hour emits the same amount . View information on the latest IPO's, expected IPO's, recent filings and IPO performance. The Top 3 Growth Stocks in Quantum Computing. 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. This might be useful for commercial properties. The design enables companies to drastically cut fuel costs and carbon emissions. For many of us, we are lucky if we're able to mow pastures once a year, but consider what the needs and priorities are for your pastures. Your shares are not easily transferable. quotes delayed at least 15 minutes, all others at least 20 minutes. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Sounds like a bust in the making. 4) Economic downturns 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. Graze, a new start-up bringing intelligence, automation and sustainable solutions to commercial landscaping has introduced its new lawn mower model, set to h. Finish the Job. Over the past five years the commercial lawn mower market has experienced steady growth and that trajectory is expected to continue. Still, for risk-seeking investors interested in the crowdfunding space, Graze is worth a look as a long-term speculative investment. That was up 3.3% from. Join Graze CEO John Vlay and Sr. Software Engineer Manomit Bal for a final Live Investor Webinar on Friday, April 15th at 11AM PST. This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire The short summary is that they are selling shares at a very, very, rich valuation and I would pass because of that. To learn more about startup investment types check out How to Choose a Startup Investment in our academy. Mowers consume about 1.2 billion gallons of gasoline annually, and commercial mowers consume more than 100 million gallons of diesel annually. Currently there is no market or liquidity for these securities. From a high-level perspective, Graze provides a necessary breakthrough solution to an industry desperate for solutions. To date, Graze has raised over $14.7 million from more than 9,300 investors. This is Graze's fundraising profile page, where you can find information that may be helpful Graze is a company that's building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. Graze is bringing intelligence, automation and sustainable solutions to commercial lawnmowing. Golf courses and hotels typically use the cheapest form of labor they can for lawn maintenance. You may only receive limited disclosure. The mower is designed specifically for golf courses, country clubs, and the landscaping companies that service them. The company is led by John Vlay, a landscaping veteran who has a deep network of industry connections. Its autonomous mowers allow Landcare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. For example, Graze cites one of its potential clients as having roughly $100,000 in safety-related workers comp payouts in 2018. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. Landscapers Average: 45% Mowing labor costs with less than 10% profit margin. when the closing occurs and your securities have been issued. No. 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. 5) Dearth of investor education. Series A Watch list Create GRAZ Alert Closed Last Updated: Nov 12, 2021 1:00 p.m. EST Delayed quote $ 5.00 0.00 0.00% Previous Close $5.00 Advanced Charting 5.00 Day Range 5.00. 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. 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. All rights reserved. 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? 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. View the investment terms and details to see how you can be a part of. 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. 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. 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. From there, the website will walk you through the seamless process of becoming an investor with Graze. Therefore, if you're interested in taking a shot, Graze stock is. Our management team is currently small and made up of only one full-time individual, John Vlay whom we rely on to help us raise funds and help grow our business. Investors are cautioned not to place undue reliance on these forward-looking statements as they are meant for illustrative purposes and they do not represent guarantees of future results, levels of activity, performance, or achievements, all of which cannot be made. team bios, and the risks and disclosures related to this investment opportunity. Cheers! Didn't/wouldn't. In the big picture, Graze has a huge opportunity ahead of 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. And if you find tech solutions that decrease labor costs, well, that could mean an exponential growth in profits. Theres even room for more lines. 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. Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. subject our company to liability due to personal safety or property damage issues. Sign up below to get this incredible offer! In the future, we expect Graze technology will also track and plan around weather data, detect and defend against turf and plant diseases, provide data analytics and insights to its customers, and, eventually, will manage mower fleets with Artificial Intelligence, thereby providing a reduction in indirect labor costs (i.e., administrative personnel). Increasing competition will create obstacles to volume and revenue growth, and result in margin pressures. Annual sales volumes hover around300,000 units. What Is the Best Semiconductor Stock to Buy Now? By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Just stocks. A convertible note is a unique form of debt that converts into equity, usually in conjunction with a future financing round. John and Manomit will talk about what the future looks like for G. 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. 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. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. 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. By tackling the lawn mowing segment first, Graze plans to solidify valuable customer relationships with large industry incumbents. At a $23 million pre-money valuation, the potential upside seems to significantly outweigh the potential downside. Frankly I'm surprised automatic mowers aren't more popular. 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. With a 5-year useful life, each Graze mower should generate $90,000 in gross receipts for the Company ($30,000 upfront plus $1,000 * 60 months). Graze is more than a mower, Graze is a land maintenance platform. 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. You should carefully review any disclosure regarding the company's use of proceeds. 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. To be sure, an investment in Graze comes with huge risks. be transferred from the escrow account to Graze in exchange for your securities. The software side allows for recurring revenue. Centering on renewable energy, we believe Graze eliminates 75% of fuel costs, increases operating margins, and allows landscapers to win new business by offering maximized efficiency and quality. 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. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Learn more. And become more affordable as they progress so get in while we can. Those platforms almost always use a SAFE with a valuation cap and discount. 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. Graze believes the introduction of an electric, self-driving mower to the market will be highly disruptive. Switch to Autonomous setting and press the MOW button to cut within your mapped area. How High Can the Supreme Court Take SOFI Stock? An early-stage company may not have the benefit of such professional investors. As we say at Money & Mimosas, cash is king, but cash flow is queen. Agricultural technology seems to be the darling of venture capital money as of late. before investing. This couldsubject our company to liability due to personal safety or property damage issues. Still, at this stage, estimates along these lines seem aggressive. 1125 N. Charles St, Baltimore, MD 21201. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt. 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. It has since been updated to reflect more recent developments. Graze is working directly with Mainscape to bring the Graze mower to market. https://www.grazemowing.com/nb?utm_source=cpc&utm_medium=nonbranded&gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE. Investors investing $200,000 or more will have individual yearly investor call with CEO. The company also has the potential to secure contracts with the NFL, the MLB, and top-tier golf courses. 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. Being able to execute on the business plan is often an important factor in whether the business is viable and successful. The software side allows for recurring revenue. 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. 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. Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . Mowing is one of the lowest margin services offered, with labor accounting for about 45% of gross revenue. Today we are thrilled to share two amazing developments. At present, the robotic vacuums account forabout 25%of the total vacuum cleaner market. John left Jensen in 2018, after which he has engaged in a number of consulting roles. Mowing along roadsides should occur in late summer (August 1-31) to allow most nesting birds and small mammals to successfully rear their young. 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. 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. gif. The level and timing of future expenditure will depend on a number of factors, many of which are outside our control. The current financing round values Graze at $23 million (pre-money). 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. Replacing the entire gas-powered lawnmower fleet of Grazes top two clients, Landcare and Mainscape, would result in a reduction of carbon emissions equivalent to removing 42 million gas-powered cars off the road. Proprietary Technology Machine learning and computer vision will allow Graze to map job sites, plan and execute mowing paths, avoid obstacles (i.e. These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. Although the U.S. commercial landscaping industry is worth $98.7 . 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