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. 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 become more affordable as they progress so get in while we can. Firstly, the Graze business model is innovative. Sounds like a bust in the making. Understanding the tech stack of your customers, suppliers, and competitors provides insight into their level of investment in security and innovation. The electric lawn mower is designed to increase efficiency and maintenance speed for mid- to large-sized commercial lawns, enhance cutting blades to perfect trim precision, add new sensor capabilities to increase safety, and improve GPS-based mapping and computer vision while optimizing intelligent and applicable insights through advanced We are seeking to raise $1M by conducting a public offering under Regulation CF. Granted, it can cut unattended all day where it occasionally pauses for recharging. And now, you have the opportunity to invest in this rising startup through Grazes equity crowdfunding raise. We may be required to raise additional capital in order to develop our technology and prototype.We will not be able to deliver a working version of our product to our corporate partners if we cannot raise debt or equity financing. Annual sales volumes hover around300,000 units. Discord IPO. Graze could find itself in a similar position if this market scales similarly to the robotic vacuum cleaner market. All rights reserved. Santa Monica, CA. We are still developing our minimum viable product that will go into mass production. 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. The level and timing of future expenditure will depend on a number of factors, many of which are outside our control. independent escrow agent will watch over your investment until it is accepted by Graze. 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. Luke Lango is a Markets Analyst for InvestorPlace. At some point Graze may Graze Mowing Automation Machinery Manufacturing El Segundo, CA 1,560 followers The World's 1st Electric, Fully Autonomous Commercial Lawn Mower. Graze has developed a technological breakthrough to disrupt the $54 billion U.S. commercial landscaping market. The majority of the growing stuff is thistle and grass. Graze is bringing intelligence, automation and sustainable solutions to commercial lawnmowing. Check out the background of our broker-dealer and investment professionals on FINRA's broker/check. In light of the relative ease with which early-stage companies can raise funds, it may be the case that certain opportunities turn out to be money-losing fraudulent schemes. An early-stage company may not have the benefit of such professional investors. 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. In the big picture, Graze has a huge opportunity ahead of it. Developing our prototype to . An Offering Statement Regarding This Offering Has Been Filed With The SEC. Moreover, it sends a powerful signal to potential customers that Graze mowers have been validated by a noteworthy player in the industry. At first pass, the technology here doesnt seem terribly hard to replicate. Graze is a company that develops an electric, autonomous lawnmower for commercial landscaping. 3) Lack of liquidity The solar panels aren't large enough to power a cutting blade for very long. 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. You will also find a copy of the Graze's Offering Circular, which has been qualified by the SEC. Phillip is leading the engineering team, which is currently focusing on localization, perception, and motion planning for their commercial-grade autonomous lawn mower. 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). The companies displayed are (or were) private companies that we believe may be relevant to individuals interested in the pre-IPO market. 2023 PitchBook. 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. 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. Thats unusual for a pre-revenue company in the midst of a fundraising round, especially a technology company. Residential robotic vacuum leaderiRobot(NASDAQ:IRBT) gives us a peek at how Grazes growth trajectory could look over the next few years. This site is operated by SeedInvest Technology, LLC ("SeedInvest"), which is not a registered broker-dealer. These connections helped Graze to secure $36 million in preorders from landscapers and country clubs. Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. 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. quotes delayed at least 15 minutes, all others at least 20 minutes. Government contracts are usually a very reliable source of revenue. If perennial weeds are a problem, consider . Customer securities and account balances, not held directly by the customer or in escrow, are held by New Direction Trust Company (NDTCO) for the benefit of customers. Copyright A Graze mower consists of two large sections. I could see it being big in golf courses and hotel resorts with big lawns. Finish the Job. graze: [verb] to feed on growing herbage, attached algae, or phytoplankton. The software side allows for recurring revenue. 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. I am a bot, and this action was performed automatically. The cutting deck is removable for easy access as well. 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. Commercial landscaping and maintenance companies regularly purchase new equipment at the end of useful life spans (i.e., every 2-5 years). 3. Today we are thrilled to share two amazing developments. Graze is a company thats building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. Minimum Investment:US $998 per investor. Danetha Doe is a writer, public speaker, and founder of Money & Mimosas. We will not be able to deliver a working version of our product to our corporate partners if we cannot raise debt or equity financing. Graze Mowing. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. 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. Investing through equity and real estate crowdfunding or asset tokenization requires a high degree of risk tolerance. 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. In the most sensible investment strategy for start-up investing, start-ups should only be part of your overall investment portfolio. For example, preferred equity may include rights that prevent or minimize the We project this customer alone could represent $36 million in gross revenue every 5 years. The Company may not pay dividends for the foreseeable future. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. Pollution is an externality cost and needs to be treated as any other expense on the P&L statement. 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. Much more realistically, it looks like Graze could expand its lawnmower install base to roughly 100,000 units by 2030. In addition, there may be additional classes of equity with rights that are superior to the class of equity being sold. 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. Fuel costs come down to zero. 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 . By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. Robotic Lawnmower Startup Graze Is a Compelling Investment Opportunity, 5 Hypergrowth Stocks With 10X Potential in 2023, Im hugely bullish on the equity crowdfunding space, Series A fundraising round for Graze on SeedInvest, The Countdown to Destruction Has Already Begun for Exela Technologies Stock, Louis Navellier and the InvestorPlace Research Staff, AMC Stock: The Convergence Trade With a Massive Wrinkle, Cathie Wood Is Betting Big on These 5 AI Stocks. Graze Inc. Pfd. Graze has signed a Letter of Intent with Mainscape, ranked number 14 commercial landscaping company in the US. Because of this, we may face issues developing a product and technology that can compete with other players in the market. Mow the Middle. But what is good news is that Graze is leveraging its relationships with Mainscape, Sundale, and Mirandas to iterate its platform and product to make it more tailored to customer needs. 1125 N. Charles St, Baltimore, MD 21201. Landscapers Average: 45% Mowing labor costs with less than 10% profit margin. That was up 3.3% from. 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. The lost contract from LandCare is also of concern. JavaScript must be enabled to use this site. John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. NEW YORK, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Reg A+ Pre-IPO Investor . Plans call to release a finished product late this year. Disagree, argue, criticize, but no personal attacks. Because of this, we may face issues developing a product and technology that can compete with other players in the market. Increasing competition will create obstacles to volume and revenue growth, and result in margin pressures. 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. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. Graze Mowing is rolling out a new electric, autonomous commercial lawn mower that will enable not only hands-free groundskeeping, but groundskeeper-free. The Company's former Chief Technology Officer departed as of January 15, 2020. 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. Article printed from InvestorPlace Media, https://investorplace.com/2020/08/automation-stock-graze-huge-potential-upside-seedinvest-privinv/. 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. 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). The mower reduces a 4-man landscaping team, to a one mower and 2-man landscaping team, resulting in 50% labor savings. 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