The current financing round values Graze at $23 million (pre-money). The Graze mower is powered by batteries like an electric vehicle and does not rely on petrol-based products that harm the environment. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. Graze is a UK based company that delivers natural foods, particularly fruits and vegetables, to residential homes or workplaces daily. Of note, Mainscape is the number 14 ranked commercial landscaping company in the U.S. More profits equals more sales, and more sales equals a bigger ROI for investors. 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. Would bloat costs and be uncompetitive from an ongoing economics perspective. 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. https://www.grazemowing.com/nb?utm_source=cpc&utm_medium=nonbranded&gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE. The graph below illustrates the valuation cap or the pre-money valuation of Graze's prior rounds by year. The biggest roadblock we see is sales contract fulfillment. Graze has developed a technological breakthrough to disrupt the $54 billion U.S. commercial landscaping market. 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. No. Being able to execute on the business plan is often an important factor in whether the business is viable and successful. what they are in traditional agriculture. These connections helped Graze to secure $36 million in preorders from landscapers and country clubs. 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. Founders Graham Bosher. Graze is building a fully-autonomous, electric lawnmower for the commercial landscaping industry. We rely on a small management team to execute our business plan. Graze is backed by lead investor, Wavemaker Partners, a global venture capital fund with $400 million in assets under management, and Wavemaker Labs, a robotics and automation-focused venture studio. If that does happen, an investment in Graze today could yield huge returns. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. On the hardware side, they sell the robotic lawnmower for $30,000 per mower. Luke Lango is a Markets Analyst for InvestorPlace. Because of this, Graze has the potential to have meaningful and predictable recurring revenue. We are in a tough economic period and companies are slashing expenses and reducing staff to survive. The founder of Money & Mimosas. An IPO is an initial public offering. Firstly, the Graze business model is innovative. *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. Additionally, we may not be able to make a transition to mass production, either via in house manufacturing or contract manufacturers. About us Graze is a fully autonomous commercial lawn mower . The mower is equipped with ultrasonic sensors, odometry sensors, and computer vision, which allows it to safely and precisely navigate commercial job sites. Currently there is no market or liquidity for these securities. That was up 3.3% from. 06/16/21 AT 9:16 PM. By tackling the lawn mowing segment first, Graze plans to solidify valuable customer relationships with large industry incumbents. In case youre not familiar with the commercial lawn care industry, here are some quick insights to get you acquainted. Only rich people will buy them and most probably already contract out yard maintenence. 2) Risk of fraudulent activity 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. No early risers, he said, sheep typically "get up about 10 a.m. or 10:30 a.m." then they graze a while, maybe take a nap, graze some more into the evening, and then eventually go to sleep and do it all again the next day. for you to make an investment decision in their company. The companies displayed are (or were) private companies that we believe may be relevant to individuals interested in the pre-IPO market. Simply look at iRobot for proof of this. 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. Not golf courses. We have a limited operating history upon which to evaluate our performance, and have not yet generated profits or revenue. Start-up investing is risky. Some potential benefits of mowing include: weed management, enhancing forage quality and reducing grazing patterns. 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. 100% Electric Powered 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. Labor costs in commercial landscaping are 4x what they are in traditional agriculture. Described as the The Tesla of Agriculture and the Roomba for commercial lawncare, Graze is the most recent robotics stock investment opportunity to catch our attention at Money & Mimosas. Keep reading to decide for yourself. "The SEC has qualified this offering" means the SEC has permitted Graze to offer for sale the Agricultural technology seems to be the darling of venture capital money as of late. Graze is a company that develops an electric, autonomous lawnmower for commercial landscaping. On top of labor costs are the exorbitant fuel costs. Violations will result in a minimum 30 and likely 60 day ban upon first instance. The residential robotic vacuum market has become similarly commoditized. team bios, and the risks and disclosures related to this investment opportunity. 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. 2. 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. PreIPO Buzz is not a registered broker-dealer. 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 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. I am a bot, and this action was performed automatically. Lawnmowers are major contributors to pollution and global warming. Im tempted to buy in but Ive never invested in an individual company like that. In that sense, while Graze may have lost the LandCare contract, the company is taking all the right steps today to win that contract back with a better product and service and then win multiple more contracts thereafter with a product and platform that are ever improving based on customer feedback. Thanks to groundbreaking automated technologies, Graze is offering an innovative solution to one of the oldest industries. To date, Graze has raised over $14.7 million from more than 9,300 investors. Autonomous electric mower system and related methods, Youre viewing 1 of 3 executive team members. A Graze mower consists of two large sections. It has less than 1000 investors now and little over 1mil in investments. Graze Mowing. Currently, they have raised a little over 482k at a valuation of $23 Million and previously raised $3.7 Million in Second, after over 3 years of R&D we have reached an incredibly See more Create new account 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. 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? Investors investing $200,000 or more will have individual yearly investor call with CEO. All investors will receive quarterly update newsletters. Santa Monica, CA. Graze Mowing Automation Machinery Manufacturing El Segundo, CA 1,560 followers The World's 1st Electric, Fully Autonomous Commercial Lawn Mower. Graze Mowing is rolling out a new electric, autonomous commercial lawn mower that will enable not only hands-free groundskeeping, but groundskeeper-free. And now, you have the opportunity to invest in this rising startup through Grazes equity crowdfunding raise. Many people think . 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. Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. Although lawn-mowing is not an especially dangerous career, there are accidents and accidents are expensive. Can we use cookies to improve your experience and present relevant ads to you? We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. Map the Perimeter. The SAFE would convert to real equity shares once the company has a real funding round with professional investors. Graze Mowing. The company may also only be obligated to file information periodically regarding its business, including financial statements. Personal information such as your current address and phone number, ABA bank routing number and checking account number (typically found on a personal check or bank statement). 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. 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. 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