The bid & ask refers to the price that an investor is willing to buy or sell a stock. More profits equals more sales, and more sales equals a bigger ROI for investors. 2) Important: We have strict political posting guidelines (described here and here). 2. At that point, you John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics. But these lawnmowers, outfitted with similar hardware used to . Offering Circular here. I considered getting it, but I decided to hire a gardener since I had more than just the lawn to take care of. Graze Mowing. Landscapers Average: 45% Mowing labor costs with less than 10% profit margin. 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(letters of intent) from large customers, but if their customers encounter a reduction in revenue then the LOIs may be rescinded. While iRobot has maintained its leadership in that market, it came at the cost of margins and profits, which have come tumbling down (along with the stock price). Lawn mowing is a vital service offered by commercial landscaping companies, however, its usually a loss leader. The Company's former Chief Technology Officer departed as of January 15, 2020. Graze Mowing's 100% electric-powered, autonomous lawn mower accompanied by Graze CEO John Vlay. Solar and batteries are expensive. Med-X, Inc. Consumer Goods/All-natural Solutions for Health & Wellness . Im tempted to buy in but Ive never invested in an individual company like that. 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. Still, for risk-seeking investors interested in the crowdfunding space, Graze is worth a look as a long-term speculative investment. And now, you have the opportunity to invest in this rising startup through Grazes equity crowdfunding raise. effects of dilution or grants special privileges in situations when the company is sold. There, John oversaw Safety for Monarchs six rollup companies in five states and worked with the Monarch CEO on acquisition prospects. As with other investments, there is no guarantee that investments will be immune from fraud. Under Johns leadership, Jensen acquired a maintenance company in 2008 to extend its geographic reach to Sacramento and the North Bay before selling Jensen Landscape to private equity backed Monarch Landscape in 2016. View information on the latest IPO's, expected IPO's, recent filings and IPO performance. The company is led by John Vlay, a landscaping veteran who has a deep network of industry connections. $8.7M+ Raised 3 Rounds on SeedInvest Hospitality brand providing exceptional guest experiences anchored by a passion for hospitality, cocktails, spirits, wine, beer, and food. 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 . You may only receive limited disclosure. Simply look at iRobot for proof of this. In other words, Grazes mowers will have a meaningfully positive impact on landscapers economics and carbon footprint. 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. 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. With the push of a button, the mower navigates around the boundaries of the area it will service, tracing the borders and . High-profile IPOs from 2021, such as Rivian Automotive Inc. (ticker: RIVN ), are trading well below their IPO prices. Mowing itself is useful, using solar is a bad concept. Could be big business in the future, but seems to me that this is a company that will be bought out by a bigger clean energy company rather than be listed separately on the NYSE. As a member of Vistage, a CEO advisory group, John has gained insights into many varied businesses and is currently involved with two other landscape related companies with unique patented products. Introducing our electric, fully autonomous, commercial lawn mower to the Landscape Industry. John left Jensen in 2018, after which he has engaged in a number of consulting roles. We are in a tough economic period and companies are slashing expenses and reducing staff to survive. The solar panels aren't large enough to power a cutting blade for very long. 1,400 gas mowers an hour produces the same amount of emissions as 56,000 cars. 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. Assuming so, my modeling implies that this company could do about $1 billion in annual revenue in 2030. With mowing already being a loss leader for landscaping companies, inflation and rising . Lawn-mowing and other lawn-care services are up over 20% year over year. when the closing occurs and your securities have been issued. Download Graze's They are developing an autonomous lawn mower for the commercial landscaping market. 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. If you have already funded your investment and your funds 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. 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. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). 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. That is, Graze is both a hardware and a software company. I am a bot and sometimes not the smartest so if you feel your comment was removed in error please message the moderators. 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. This includes beginner questions and portfolio help. Commercial landscaping and maintenance companies regularly purchase new equipment at the end of useful life spans (i.e., every 2-5 years). SeedInvest has not taken any steps to verify the adequacy, accuracy or completeness of any information. This is good news for Graze: as the commercial landscaping services industry grows, so does its core offering of lawn mowing. With fuel and labor costs removed from mowing services via the introduction of its electric, autonomous mower, Graze offers its customers an immediate and substantial boost in profits. About us Graze is a fully autonomous commercial lawn mower . Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit. An early-stage investment is also an investment in the entrepreneur or management of the company. https://www.grazemowing.com/nb?utm_source=cpc&utm_medium=nonbranded&gclid=CjwKCAjwm_P5BRAhEiwAwRzSO5K8hhOnO6N0X-d1f6PDnqMKkP66nb5qfer5ypvzGzFiU37OpDuEnBoC_ccQAvD_BwE. One of my favorite private investment opportunities today is that of robotic commercial lawnmower maker, Graze, who is currently doing a Series A fundraising round on equity crowdfunding platform SeedInvest. The investor effectively loans money to a startup with the expectation that they will receive equity in the company in the future at a discounted price per share when the company raises its next round of financing. 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. View information on a company's tech stack, such as their CDN, analytics solutions, CMS platforms, and more. 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. Future Labs V, Inc. dba "Graze Mowing . The Silicon Beach startup said it has. The SEC is not judging the merits, accuracy, What is Graze? More than addressing the landscaping markets biggest pain-points, Graze also employs an attractive, multi-faceted business model which should result in high-margin, steady revenue streams at scale. Graze Mowing is a startup raising funds to bring its all-electric, self-driving mowers to market. Further assuming the company operates at iRobot-like gross margins (~50%) and opex rates (~40%), then Graze could be looking at $100 million in operating profits, or about $80 million after taxes. Our future revenue plans rely on two non-binding letters of intent. subject our company to liability due to personal safety or property damage issues. 2) Risk of fraudulent activity A Caltech graduate, Luke has consistently been rated one of the worlds top stock pickers by various other analysts and platforms, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. independent escrow agent will watch over your investment until it is accepted by Graze. A liquidation event is when Graze either lists their securities on an 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. 3. News flow 15 minutes ago MT Newswires Commercial landscaping companies have high labor costs because of the fierce competition for quality staff. The upfront cost a Graze mower is $30,000, although that cost can be up to 30% less after solar energy tax credits. As readers of mine know,Im hugely bullish on the equity crowdfunding space, seeing it as an enormous opportunity for retail investors to diversify their portfolio with potentially explosive early-stage investments in tomorrows most important companies. Unlike an investment in a mature business where there is a track record of revenue and income, the success of a startup or early-stage venture often relies on the development of a new product or service that may or may not find a market. First, our Series B is now open for investments! 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. Also of note, Graze did have an LOI expire with LandCare, another top U.S. commercial landscaping company. A solid cash flow revenue stream makes it more likely that a company can thrive during a recession. Win whats next. investment amount. These investors will be subject to the Custodians Account Agreement, including the electronic delivery of all required information. For example, Graze cites one of its potential clients as having roughly $100,000 in safety-related workers comp payouts in 2018. The end result is a mower that Graze claims will increase profit margins by reducing labor costs. If perennial weeds are a problem, consider . Hi, welcome to r/investing. May 2019 - Present3 years 10 months. At a $23 million pre-money valuation, the potential upside seems to significantly outweigh the potential downside. Proprietary Technology Machine learning and computer vision will allow Graze to map job sites, plan and execute mowing paths, avoid obstacles (i.e. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Graze could find itself in a similar position if this market scales similarly to the robotic vacuum cleaner market. We're aiming to produce 100% electric, fully autonomous landscaping equipment as standalone products and modular mower attachments. In the big picture, Graze has a huge opportunity ahead of it. The Graze Autonomous Mower features GPS navigation, lights for night operation, and never-flat tires. 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit. This statement reflects management's current views with respect to future events and is subject to risks and uncertainties. Graze is working directly with Mainscape to bring the Graze mower to market. What makes Graze such an exciting opportunity? Graze also has terms with the city of Glendale and Pasadena. Hey there, Graze community! For many of us, we are lucky if we're able to mow pastures once a year, but consider what the needs and priorities are for your pastures. Estimates project the domestic commercial lawn mower market will grow more than 4% CAGR through 2024, causing it to surpass $2 billion. 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. It more likely that a company can thrive during a recession usually loss. 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Acquisition prospects use certain cookies to ensure the proper functionality of our.!