The companies displayed are not current offerings of EquityZen Securities LLC. As the demand for mowing services increases, so too will the demand from those service providers for mowing equipment. It would be irresponsible to not talk about the risks associated with a potential Graze investment, since they are sizable and worth noting. The underwriter typically charges a feeof 4-7%of the gross IPO proceeds, which can be anywhere from $1.5m to $100m+ depending on the deal size. All of these would result in dilution to our existing investors, plus they may include additional rights or terms that may be unfavorable to our existing investor base. Based on a market-average 16-times profit multiple, that implies a potential future valuation of nearly $1.3 billion versus todays $23 million pre-money valuation. No. We are a new company and have neither generated revenue, nor have we had any significant operating history. Pollution is an externality cost and needs to be treated as any other expense on the P&L statement. 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. graze: [verb] to feed on growing herbage, attached algae, or phytoplankton. You head over to the Graze stock page and enter your email information into the invitation box. 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. Valuation: $17 billion. Please enable JavaScript in your browser settings and refresh the page. Why? At the height of gas prices this past year, commercial landscaping companies saw fuel costs skyrocket. Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Another cost is pollution. If we mow or graze too close, we may eventually kill off that plant and possibly favor growth of fescue, bluegrass and weeds. After all, the company is pre-revenue. Landscaping services in the United States alone is a $100 billion industry with a trailing 5-year compound annual growth rate (CAGR) of 5%. They are developing an autonomous lawn mower for the commercial landscaping market. The founder of Money & Mimosas. Because of this, we may face issues developing a product and technology that can compete with other players in the market. The bid & ask refers to the price that an investor is willing to buy or sell a stock. 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). Right now Graze does not plan to Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. Meet the team and learn why we're poised to revolutionize t. Once 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. Our success is based on our ability to raise capital in order to achieve a minimum viable product and move into production. Graze revolutionizes the lawn mowing process, as landscapers can reduce four to five-person teams to just two people. Specifically, Graze has signed LOIs from Mainscape, Sundale Country Club and Mirandas Landscape. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public. 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. Check out the background of our broker-dealer and investment professionals on FINRA's broker/check. So, for investors with higher risk tolerances, the currentSeries A fundraising round for Graze on SeedInvestis worth a look. 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. Investments in startups are highly illiquid and those investors who cannot hold an investment for the long term (at least 5-7 years) should not invest. Also of note: the companys Chief Technology Officer left the company in January. 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. NDTCO is an unaffiliated limited purpose trust company chartered under the laws of the State of Kansas. We may be unable to convert our prototype to a minimum viable product that can easily be replicated and put into mass production. Traditional commercial mowers, on the other hand, can cost up to $15,000 . You will receive an email If perennial weeds are a problem, consider . 2) Important: We have strict political posting guidelines (described here and here). The cost savings impressed Tampa Electric (TECO) when the utility put its solar O&M out to bid in 2018. Theres even room for more lines. Set the boundary by mowing it once manually. That's it. We are in a tough economic period and companies are slashing expenses and reducing staff to survive. Accelerate capital raises, KYC & fund formation on DealMaker. On the other side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. If you have already funded your investment and your funds The Offering Circular includes important details about Graze's fundraise that you should review Join Graze CEO John Vlay and Sr. Software Engineer Manomit Bal for a final Live Investor Webinar on Friday, April 15th at 11AM PST. On top of labor costs are the exorbitant fuel costs. Safety-related workers compensation is also costly. According to data from market research firm,Stratistics Market Research Consulting,the global landscaping and gardening market is poised to grow at a CAGR of 7% through at least 2024, indicating the industry could grow to $140 billion domestically at that time. 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. Therefore, if you're interested in taking a shot, Graze stock is. Mowing itself is useful, using solar is a bad concept. In September . "The SEC has qualified this offering" means the SEC has permitted Graze to offer for sale the Mystic Holding Inc. (OTCQX: MSTH) Cannabis/Cultivation, Production, Retail. This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire In order to continue to operate and grow the business, we will likely need to raise additional capital beyond this current financing round by offering shares of our Common or Preferred Stock and/or other classes of equity. You should carefully review any disclosure regarding the company's use of proceeds. 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. Prior to Miso, Rob worked at Microsoft and SpaceX. Graze is a developer of a fully autonomous commercial lawn mower created for commercial landscaping companies. 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. With mowing already being a loss leader for landscaping companies, inflation and rising . We will be at a disadvantage as we are a new entrant with significantly less resources and minimal market recognition and penetration. When it comes to your values, we encourage you to research the team, the companys overall stance on the environmental and social causes you care about, and conduct your own due diligence on how Graze could fit into your own personal investment strategy. Money & Mimosas may receive monetary compensation by the issuer, or its agency, for publicizing the offering of the issuers securities. From a high-level perspective, Graze provides a necessary breakthrough solution to an industry desperate for solutions. Plans call to release a finished product late this year. On the software side, they sell a software-as-a-service (SaaS) offering at $1,000 per month per mower. Still, at this stage, estimates along these lines seem aggressive. Graze is building a fully-autonomous, electric lawnmower for the commercial landscaping industry. Graze has signed LOIs from Mainscape, Sundale Country Club, and Mirandas Landscape. Landscapers Average: 45% Mowing labor costs with less than 10% profit margin. Receive weekly tips to nourish your abundance mindset. different from that of common stock. In the big picture, Graze has a huge opportunity ahead of it. The Graze mower aims to be powered by a robust sensor suite (i.e., RADAR, LIDAR, GPS, ultrasonic sensors, odometry sensors, and an optical suite) that will enable it to safely and precisely self-navigate in and around commercial job sites. Cheers! 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. All rights reserved. Repeated mowing of pasture decreases the competitive ability of a weed to survive in a grass paddock. Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.comSANTA MONICA, Calif., Feb . Its largely low-level labor automation. Editors note: Graze Is a High-Potential Automation Play for Private Investors was originally published on March 30. Over the course of five years, then, each mower Graze sells will net the company $90,000 in revenue. Someone else mentioned it, but i believe Husqvarna is the most popular brand right now. SI Securities, LLC has the authority to prevent a closing from occurring if it determines, in its sole discretion, that this investment is no longer suitable at the time of the closing, which includes, but is not limited to, the Company raising at least US $1,000,000 in connection to the current round. The offering circular is the legal document filed with the SEC for a Regulation A offering and provides facts that an investor needs to make an informed investment decision. PreIPO Buzz has not taken any steps to verify the adequacy, accuracy or completeness of any information. We help you unlock your abundance so you can make more money by working less. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. "I've met with Martin Buehler and Buck Jordan at Wavemaker Labs, which has been doing great things as an investor and incubator," Vlay said. Mowing is one of the lowest margin services offered, with labor accounting for about 45% of gross revenue. Keep reading to decide for yourself. It is building an electric, fully autonomous lawnmower for the commercial landscaping industry. I think this will be like you said big business. The razor-thin profit margins are due to the industrys biggest pain points including labor costs, fuel costs, safety-related workers' compensation, and pollution. It has since been updated to reflect more recent developments. Discord IPO. Because of this, we may face issues developing a product and technology that can compete with other players in the market. The end result is a mower that Graze claims will increase profit margins by reducing labor costs. 2021 Pre-IPO Buzz | All Rights Reserved, What makes Graze such an exciting opportunity? Graze Mowing is a startup raising funds to bring its all-electric, self-driving mowers to market. Disagree, argue, criticize, but no personal attacks. All rights reserved. 2) Risk of fraudulent activity 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. You may only receive limited disclosure. Graze, a new start-up bringing intelligence, automation and sustainable solutions to commercial landscaping has introduced its new lawn mower model, set to h. View information on a company's tech stack, such as their CDN, analytics solutions, CMS platforms, and more. SI Securities does not make investment recommendations and no communication, through this website or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. 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. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. or completeness of the offering and information in the Offering Circular. Safety costs come down to zero. Our partnerships and our relationships with commercial landscaping companies is crucial for us to achieve our growth plan. A publicly listed company, in contrast, is required to file annual and quarterly reports and promptly disclose certain events through continuing disclosure that you can use to evaluate the status of your investment. 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. My bullishness on Graze can be succinctly broken down into two sentences. 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. Active, Closed, Last funding round type (e.g. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. Sounds like a bust in the making. Danetha Doe is a writer, public speaker, and founder of Money & Mimosas. Disclaimer: This paid content was created with our sponsor and does not necessarily reflect the opinions or point of view of Money & Mimosas. We may need to raise additional capital, which might not be available or might be available only on terms unfavorable to us or our investors. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Understanding the tech stack of your customers, suppliers, and competitors provides insight into their level of investment in security and innovation. As we say at Money & Mimosas, cash is king, but cash flow is queen. But the best view of the sky will be out in the fairway, where the players are hitting their balls. Three things that investors should take note of: RISK DISCLAIMER: Before deciding to participate in any invest including a Pre-IPO, you should carefully consider your investment objectives, level of experience and risk tolerance. Additionally, many of our competitors have greater brand recognition and an existing set of customers that they will be able to leverage when launching competing technologies. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained both here and below. Operating Status Active. Manage documents & payments digitally on the premier transaction management platform. 06/16/21 AT 9:16 PM. Real-time information on initial public offerings (IPO's) by MarketWatch. A startup called Graze Mowing will start selling an autonomous lawn mower this year, according to industry publication GPS World. These risks include: 1) Greater chance of failure In the most sensible investment strategy for start-up investing, start-ups should only be part of your overall investment portfolio. Neither SeedInvest nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this site or the use of information on this site. That is, Graze is both a hardware and a software company. exchange, is acquired, or goes bankrupt. SI Securities does not provide custody services in connection any investments made through the platform. 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. Currently there is no market or liquidity for theseshares and the company does not have any plans to list these shares on an exchange or other secondary market. That was up 3.3% from. It has less than 1000 investors now and little over 1mil in investments. 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. will be a proud owner in Graze. Govt building lawns and sports fields still using grass. Cytonics has received over $15M in funding to-date, including $1.8M in grants from the National Institute of Health and a $4M investment from Synthes (a Johnson and Johnson company). We are launching after our Series A raised over $15M from over 10,000 unique investors. 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 residential robotic vacuum market has become similarly commoditized. Founders Graham Bosher. Other companies in the space have more resources than we currently do, and may not need to rely on outside investment in order to compete with us. 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. The lost contract from LandCare is also of concern. 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. CEO John Vlay is an industry insider with 35 years of experience and an exit under his belt. This site is operated by SeedInvest Technology, LLC ("SeedInvest"), which is not a registered broker-dealer. This profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. This couldsubject our company to liability due to personal safety or property damage issues. We have $23M in pre orders via non-binding commercial contracts. And become more affordable as they progress so get in while we can. These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. 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