The cutting deck is removable for easy access as well. Please contact the moderators of this subreddit if you have any questions or concerns. Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. Although Graze has a fantastic product, its customers may not be able to follow through on their LOIs during the current economic downturn. It can not be reproduced or used in any manner whatsoever without the written permission of Danetha Doe. Govt building lawns and sports fields still using grass. Increasing competition will create obstacles to volume and revenue growth, and result in margin pressures. 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. 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. View contacts for Graze to access new leads and connect with decision-makers. Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. 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. PreIPO Buzz is not a registered broker-dealer. Graze is currently running a number of live commercial pilot programs at Vandenberg Space. In that robotic market, iRobot owns about 50% share. Also of note, Graze did have an LOI expire with LandCare, another top U.S. commercial landscaping company. Skip Navigation watchlive Markets. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public. Pollution concerns are eliminated. Contact Information Website www.grazemowing.com Formerly Known As Future Labs V, Inc. Mowing along roadsides should occur in late summer (August 1-31) to allow most nesting birds and small mammals to successfully rear their young. While the company must disclose certain information, since the company is at an early-stage they may only be able to provide limited information about its business plan and operations because it does not have fully developed operations or a long history. Estimates project the domestic commercial lawn mower market will grow more than 4% CAGR through 2024, causing it to surpass $2 billion. {{ account.account_type }} Investor Account. But these lawnmowers, outfitted with similar hardware used to . 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. Nasdaq 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). Graze Mowing. Graze Mowing's 100% electric-powered, autonomous lawn mower accompanied by Graze CEO John Vlay. On one side, they sell the robotic lawnmower for $30,000 per mower. 2) Risk of fraudulent activity Graze is a developer of a fully autonomous commercial lawn mower created for landscaping companies. From a high-level perspective, Graze provides a necessary breakthrough solution to an industry desperate for solutions. Still, at this stage, estimates along these lines seem aggressive. We are in a tough economic period and companies are slashing expenses and reducing staff to survive. Safety costs come down to zero. Second, after over 3 years of R&D we have reached an incredibly See more Create new account This profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. disclosed in Grazes profile and Offering Circular. That service is necessary to keep the mower up-to-date and functioning. 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. As with other investments, there is no guarantee that investments will be immune from fraud. View information on the latest IPO's, expected IPO's, recent filings and IPO performance. Valuation: $17 billion. 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. 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 . 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. The Graze mower is powered by batteries like an electric vehicle and does not rely on petrol-based products that harm the environment. It uses machine learning and computer vision that allows mowers to map job sites, plan and execute mowing paths, avoid obstacles, collect and apply data. Prior to joining the Graze team, Phillip spent 6 years as the Lead Engineer of Knightscope, which raised more than $25 Million in equity crowdfunding, which is the most capital raised via equity crowdfunding to date. 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. Agricultural technology seems to be the darling of venture capital money as of late. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. Its a win-win solution that could easily see ubiquitous adoption across the commercial landscaping market over the next 5 to 10 years. Those pain-points are painful enough and the benefits of Grazes solutions clear enough that I do believe this company has a good opportunity to become a meaningfully large player in the U.S. commercial landscaping market. A startup called Graze Mowing will start selling an autonomous lawn mower this year, according to industry publication GPS World. Firstly, the Graze business model is innovative. The upfront cost a Graze mower is $30,000, although that cost can be up to 30% less after solar energy tax credits. 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. Labor costs can account for 45% of gross revenue. On the surface, the company is in the right sector. Disagree, argue, criticize, but no personal attacks. An Offering Statement Regarding This Offering Has Been Filed With The SEC. 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. Graze Inc is formed to sell commercial robotic lawnmowers. Real-time information on initial public offerings (IPO's) by MarketWatch. Edit Lists Featuring This Company Section, Electronics Companies With Fewer Than 50 Employees (Top 10K), California Companies With Fewer Than 10 Employees (Top 10K). The Company may not pay dividends for the foreseeable future. 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. Just one gas mower running for an hour emits the same amount . 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. graze: [verb] to feed on growing herbage, attached algae, or phytoplankton. With that stated, there are many potential upsides and huge growth potential. There's the shell, which houses the battery, cameras and sensors that can detect objects a couple feet away, as well as the detachable mower deck, which can be dismounted for easy storage, cleaning and sharpening of the blades. Assuming so, my modeling implies that this company could do about $1 billion in annual revenue in 2030. Our two largest corporate partners have signed non-binding letters of intent and the orders they plan to place are not guaranteed, nor have they placed any deposits for these orders. 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. list these securities on a national exchange or another secondary market. When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . Once From there, the website will walk you through the seamless process of becoming an investor with Graze. Over the past five years the commercial lawn mower market has experienced steady growth and that trajectory is expected to continue. Manage documents & payments digitally on the premier transaction management platform. Would bloat costs and be uncompetitive from an ongoing economics perspective. By streamlining the mowing process and enabling businesses to run like clockwork, Graze intends to increase landscaping margins through robotic mowers that are 100% autonomous Much more realistically, it looks like Graze could expand its lawnmower install base to roughly 100,000 units by 2030. The best companies in the industry generate only ~10% margins from mowing as rising wages and labor shortages drive costs up and heavy competition drives prices down. Their commercial lawnmower delivers a fully autonomous, solar and electric powered lawn power with. Hi, welcome to r/investing. 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. Discord IPO. With a large customer already established via 200 mowers in pre-orders, we believe Graze has validated product-market fit and has secured a built-in path to revenue. Pre-orders from Mainscape suggest initial pricing will be effective. This site is operated by SeedInvest Technology, LLC ("SeedInvest"), which is not a registered broker-dealer. trees, people), and collect and apply data to further optimize for precision and efficiency. But, the company has signed and executed three Letters of Intent (LOIs) which help mitigate this pre-revenue risk. Not golf courses. We may be unable to convert our prototype to a minimum viable product that can easily be replicated and put into mass production. "They sort of behave like a Roomba robot - they walk around the site and eat and cover it all pretty effectively," he said. John led Jensen Landscape as Chairman, CEO, and President for eleven of his 35 years with this award-winning landscape construction and maintenance company. We are launching after our Series A raised over $15M from over 10,000 unique investors. Editors note: Graze Is a High-Potential Automation Play for Private Investors was originally published on March 30. At some point Graze may Please note that as a topic focused subreddit we have higher posting standards than much of Reddit: 1) Please direct all advice requests and beginner questions to the stickied daily threads. The offering circular includes an overview of company and company's business, historical financials and capitalization, and key risk factors. 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. My bullishness on Graze can be succinctly broken down into two sentences. We're aiming to produce 100% electric, fully autonomous landscaping equipment as standalone products and modular mower attachments. View the investment terms and details to see how you can be a part of. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. The current financing round values Graze at $23 million (pre-money). Graze eliminates 50% or more of the labor costs and 75% of the fuel costs. Money & Mimosas is a registered trademark owned solely by Danetha Doe. Specifically, Graze has signed LOIs from Mainscape, Sundale Country Club and Mirandas Landscape. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Lack of professional guidance. Because of this, we will have less control of our supply chain as we grow the business, which could affect our ability to meet customer demand. 1125 N. Charles St, Baltimore, MD 21201. Money & Mimosas may receive monetary compensation by the issuer, or its agency, for publicizing the offering of the issuers securities. Further, the start-up portion of your portfolio may include a balanced portfolio of different start-ups. Hey there, Graze community! New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained both here and below. We could be adversely affected by product liability, personal injury or other health and safety issues. The Offering Circular includes important details about Graze's fundraise that you should review These investors often negotiate for seats on the company's board of directors and play an important role through their resources, contacts and experience in assisting early-stage companies in executing on their business plans. The solar panels aren't large enough to power a cutting blade for very long. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. 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