If perennial weeds are a problem, consider . It all happens at the free AI Super Summit. Graze expects to reduce labor costs by 50% and increases margins by 5x. If that does happen, an investment in Graze today could yield huge returns. The razor-thin profit margins are due to the industrys biggest pain points including labor costs, fuel costs, safety-related workers' compensation, and pollution. Graze is a pre-revenue company that has developed a fully-autonomous, robotic commercial lawnmower, that has a visible and compelling opportunity to disrupt the $54 billion U.S. commercial. Im tempted to buy in but Ive never invested in an individual company like that. Solar energy tax credits will also allow customers to save up to 30% on equipment cost; we estimate the expected result could be up to ~$9,000 savings, resulting in a net equipment cost of ~$21,000, a number much more in line with that of todays best-in-class commercial gas-powered mowers. We have $23M in pre orders via non-binding commercial contracts. 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. Lawn mowing is a core component of almost all commercial landscaping businesses. 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. 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. Survey data shows that as much as 46% of gross revenue is derived from mowing services, making commercial lawn mowing a $23 billion per year industry with the opportunity to grow to $32 billion in the United States in 2024. 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. We rely on a small management team to execute our business plan. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public. You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement. SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. SeedInvest has not taken any steps to verify the adequacy, accuracy or completeness of any information. These connections helped Graze to secure $36 million in preorders from landscapers and country clubs. {{ account.account_type }} Investor Account. PreIPO Buzz is not a registered broker-dealer. 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. Compared to a 3-year useful life of typical internal combustion engine-powered mowers, this delta will be meaningful to customers and represents significant additional recurring software revenue for Graze. At that point, you Follow View all 7 employees Report this company Report Report. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. Learn more. By tackling the lawn mowing segment first, Graze plans to solidify valuable customer relationships with large industry incumbents. Luke Lango is a Markets Analyst for InvestorPlace. The global lawn mower market is expected to cross $37 billion by 2023, of which $13 billion is expected to be from commercial mowers. Many people think . This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. $115B landscape industry plagued by high labor and maintenance costs. 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. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Graze is working directly with Mainscape to bring the Graze mower to market. Graze is currently offering shares at $7.10. Husqvarna has one already and if iRobot doesn't they certainly could. Because we are a new entrant to the commercial landscaping market, there are already a number of companies that have more resources and greater market recognition than we do. To date, Graze has raised over $14.7 million from more than 9,300 investors. Accelerate capital raises, KYC & fund formation on DealMaker. 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. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. before investing. 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. 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. You should carefully review any disclosure regarding the company's use of proceeds. Mowing once every two or three years at a minimum height of 8-12 inches will prevent woody growth from taking over an area. The Offering Circular includes important details about Graze's fundraise that you should review Graze, also referred to as Graze Robotics, Graze Mowing, and Graze Mower, currently manufactures the worlds only commercial-size autonomous mower. gif. Currently there is no market or liquidity for these securities. And now, you have the opportunity to invest in this rising startup through Grazes equity crowdfunding raise. Grazes innovative design addresses all of these pain points. 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. "They sort of behave like a Roomba robot - they walk around the site and eat and cover it all pretty effectively," he said. Gotta find the company thats going to take the risks. Cheers! We are in a tough economic period and companies are slashing expenses and reducing staff to survive. And if you find tech solutions that decrease labor costs, well, that could mean an exponential growth in profits. Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. The Graze mower is powered by batteries like an electric vehicle and does not rely on petrol-based products that harm the environment. 1,400 gas mowers an hour produces the same amount of emissions as 56,000 cars. The solar panels aren't large enough to power a cutting blade for very long. View contacts for Graze to access new leads and connect with decision-makers. Graze expects its production machines to have a 5-year useful life, defined by the ability to effectively and precisely mow turf through the end of that period. 100% Electric Powered Graze is powered by electric and solar panel technology. 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. More bullish projections suggest, due in large part to factors mentioned below, the domestic commercial lawn mower market could surpass $4 billion by 2024. 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. Graze Mowing. Our 3 Top Picks. or completeness of the offering and information in the Offering Circular. Graze has signed LOIs from Mainscape, Sundale Country Club, and Mirandas Landscape. 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. dangerous. 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. Just one gas mower running for an hour emits the same amount . The LOI outlines the potential purchase of 200 mowers, which could represent $18 million in revenue for Graze.*. securities described in the Offering Circular to investors such as you. Join Graze CEO John Vlay and Sr. Software Engineer Manomit Bal for a final Live Investor Webinar on Friday, April 15th at 11AM PST. Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . 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. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. Our 7 Top Picks. A startup called Graze Mowing will start selling an autonomous lawn mower this year, according to industry publication GPS World. For example, Graze cites one of its potential clients as having roughly $100,000 in safety-related workers comp payouts in 2018. Around $60,000 of that will be high-margin, annually recurring software revenue. Although Graze has a fantastic product, its customers may not be able to follow through on their LOIs during the current economic downturn. Please enable JavaScript in your browser settings and refresh the page. The Company may not pay dividends for the foreseeable future. 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. The level and timing of future expenditure will depend on a number of factors, many of which are outside our control. Additionally, Grazes equipment is whisper quiet which means commercial lawncare companies can run them at night. Its core offering of lawn mowing segment first, Graze plans to solidify valuable relationships. 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