Our future revenue plans rely on two non-binding letters of intent. 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. 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. "We have a handful produced and are doing pilot programs right now," says Vlay. Graze Mowing is rolling out a new electric, autonomous commercial lawn mower that will enable not only hands-free groundskeeping, but groundskeeper-free. Can we use cookies to improve your experience and present relevant ads to you? High-profile IPOs from 2021, such as Rivian Automotive Inc. (ticker: RIVN ), are trading well below their IPO prices. Ownership Status Publicly Held Financing Status Formerly VC-backed Primary Industry Valuation: $17 billion. For example, preferred equity may include rights that prevent or minimize the The companies displayed are not current offerings of EquityZen Securities LLC. 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. Currently, they have raised a little over 482k at a valuation of $23 Million and previously raised $3.7 Million in Finish the Job. Back Submit. Most importantly, do not invest money you cannot afford to lose. Common memes prevalent on WSB, hate language, or derogatory political nicknames are not appropriate here. 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 . Real-time information on initial public offerings (IPO's) by MarketWatch. Join Graze CEO John Vlay and Sr. Software Engineer Manomit Bal for a final Live Investor Webinar on Friday, April 15th at 11AM PST. We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. Lack of professional guidance. subject our company to liability due to personal safety or property damage issues. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. 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. Just stocks. Each Graze mower can be controlled from a computer, tablet or smartphone. Graze believes the introduction of an electric, self-driving mower to the market will be highly disruptive. Rivian shares are down 82.9% in 2022 through Dec. 27. Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. Further, the start-up portion of your portfolio may include a balanced portfolio of different start-ups. Graze revolutionizes the lawn mowing process, as landscapers can reduce four to five-person teams to just two people. Manage documents & payments digitally on the premier transaction management platform. 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. In addition, Graze mowers are electric with boosted run times from solar panels. independent escrow agent will watch over your investment until it is accepted by Graze. What makes Graze such an exciting opportunity? Create an account to follow your favorite communities and start taking part in conversations. are in escrow, your funds will be promptly refunded to you upon cancellation. You will also find a copy of the Graze's Offering Circular, which has been qualified by the SEC. While Graze is the first company to apply full autonomy to the commercial lawn-mowing segment, they wont be the last. 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. Lawnmowers are major contributors to pollution and global warming. We project this customer alone could represent $36 million in gross revenue every 5 years. JavaScript must be enabled to use this site. Contact Information Website www.grazemowing.com Formerly Known As Future Labs V, Inc. Prior to Miso, Rob worked at Microsoft and SpaceX. John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. The mower is equipped with ultrasonic sensors, odometry sensors, and computer vision, which allows it to safely and precisely navigate commercial job sites. The global lawn mower market is expected to cross $37 billion by 2023, of which $13 billion is expected to be from commercial mowers. Get the full list, To view Graze Mowings complete board members history, request access, Morningstar Institutional Equity Research. Graze expects to reduce labor costs by 50% and increases margins by 5x. The Company is currently pre-revenue. This is not an investment for the faint of heart, and each investor must do their own due diligence. Commercial landscaping and maintenance companies regularly purchase new equipment at the end of useful life spans (i.e., every 2-5 years). For example, Graze cites one of its potential clients as having roughly $100,000 in safety-related workers comp payouts in 2018. Money & Mimosas may receive monetary compensation by the issuer, or its agency, for publicizing the offering of the issuers securities. 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. That service is necessary to keep the mower up-to-date and functioning. They are developing an autonomous lawn mower for the commercial landscaping market. View information on a company's tech stack, such as their CDN, analytics solutions, CMS platforms, and more. 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. trees, people), and collect and apply data to further optimize for precision and efficiency. quotes delayed at least 15 minutes, all others at least 20 minutes. SeedInvest has not taken any steps to verify the adequacy, accuracy or completeness of any information. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Because agriculture spends a large chunk of its money on manual labor. As the demand for mowing services increases, so too will the demand from those service providers for mowing equipment. Not all companies displayed will be available in the future. Our partnerships and our relationships with commercial landscaping companies is crucial for us to achieve our growth plan. 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. Cheers! Being able to execute on the business plan is often an important factor in whether the business is viable and successful. 5) Dearth of investor education. The cutting deck is removable for easy access as well. Learn More Yes Copyright liquidation event occurs. Second, after over 3 years of R&D we have reached an incredibly See more Create new account On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. Safety costs come down to zero. 1125 N. Charles St, Baltimore, MD 21201. 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. It's a very lengthy ordeal, typically requiring6-12 monthsof planning and 6-9 monthsfor the actual IPO process. Graze eliminates 50% or more of the labor costs and 75% of the fuel costs. 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. The commercial lawn-mowing market has a few big challenges. investment amount. Operating Status Active. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. The current financing round values Graze at $23 million (pre-money). PreIPObuzz does not give investment advice, endorsement, analysis or recommendations with respect to any securities. We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. Before investing, you should carefully consider the specific risks and disclosures related to both this offering type and the company which can be found in this company profile and the documents in the data room below. for you to make an investment decision in their company. 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? Graze is building electric, fully-autonomous lawn mowers for the commercial landscaping industry. 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. Additionally, we may not be able to make a transition to mass production, either via in house manufacturing or contract manufacturers. The process of investing is really easy. Graze is high-risk, high-reward play on automation in the commercial landscaping market. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public. Disagree, argue, criticize, but no personal attacks. Graze Inc is formed to sell commercial robotic lawnmowers. 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. The SEC Has Qualified That Offering Statement, Which Only Means That The Company May Make Sales Of The Securities Described By The Offering Statement. In a decade, a quarter of commercial lawnmowers across the U.S. could be robotic lawnmowers, and Graze could own half of that market. Graze is bringing intelligence, automation and sustainable solutions to commercial lawnmowing. 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. The company may also only be obligated to file information periodically regarding its business, including financial statements. Discord IPO. gif. The SEC is not judging the merits, accuracy, Graze is both a hardware and a software company. Lawn mowing is a core component of almost all commercial landscaping businesses. 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. Survive in a grass paddock eliminates 50 % and increases margins by 5x also find a copy of graze! This customer alone could represent $ 36 million in gross revenue every 5.... 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