To view Graze Mowing’s complete valuation and funding history, request access », To view Graze Mowing’s complete cap table history, request access », You’re viewing 2 of 3 executive team members. Graze Mowing Company Profile: Valuation & Investors | PitchBook. So if you find yourself needing to sell your position for cash, you may not readily find a buyer. Graze is a company that’s building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. Developer of fully autonomous commercial Lawn Mower created for Landscaping Companies. Graze has an intended “subscription pricing model of $12,000 per year, per mower and $30,000 upfront equipment price.”. Landscape Mowing | Graze Landscapes | United States. 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. Frankly, you can find equivalent “analog” equipment for far cheaper. U.S. based cancer testing company Grail, which was founded in 2016, has filed for an IPO.Amazon CEO Jeff Bezos is among Grail’s investors. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. View real-time stock prices and stock quotes for a full financial overview. Within this broader sector, commercial landscaping represents a $54 billion segment, according to Graze’s SeedInvest.com profile. You have a much simpler platform, which can run for years with little required maintenance. However, it’s not just about reducing headcount. Graze has built their new model to consistently learn and apply data via an intuitive user experience. Cancer diagnostic specialist Grail today filed for an initial public offering (IPO) on the Nasdaq, with the stock to trade under the ticker symbol GRAL. FREE Breaking News Alerts from StreetInsider.com! But, by using Graze’s autonomous lawnmowers, management estimates that it could cut down that figure by half or more. Thanks to groundbreaking automated technologies, Graze is offering an innovative solution to one of the oldest industries. Article . And that means drivers don’t have to change oil, which can be a costly expense. Compared to their gasoline-powered counterpart, EVs feature fewer moving parts. trees, terrain, people etc. However, Graze promises to change this dynamic entirely with electric, fully autonomous lawnmowers. always new snacks to try. Graze Net income (H1, 2019)-148.5 K. Graze EBIT (H1, 2019)-156.1 K. Graze Cash, 30-Jun-2019 88.5 K. Graze Funding. © 2021 PitchBook Data. Graze built its new model to consistently learn and apply data via an intuitive user experience, improving lawn care and creating new optimization opportunities for fleet operators. Therefore, it’s important to perform your due diligence. From a report by Kqed.org, gas-powered gardening equipment poses severe air quality threats due to their inefficiencies. GRA | Complete W.R. Grace & Co. stock news by MarketWatch. Yet, despite the major opportunity to capitalize on an approximate $53 billion market, commercial lawn mowing has remained an undisrupted industry. Furthermore, Graze’s equipment is whisper quiet — meaning that you can run them at night. These enable them to map job sites, plan and execute mowing plans, … Graze mowing Reg A : investing. 4) Economic downturns Graze is a high-risk, high-reward play on … Graze Mowing | LinkedIn. Centering on renewable energy, we believe Graze eliminates 75% of fuel costs, increases operating margins, and allows landscapers to win new business by … Graze Introduces Next Generation of Intelligent, Fully Autonomous Electric Commercial Mowing. Equipped with proprietary technology, these mowers enable companies to reduce labor costs and increase profit margins. There was little confidence in the public market. Yet, despite the major opportunity to capitalize on an approximate $53B market, commercial lawn mowing has remained an undisrupted industry. Graze is pleased to announce that its campaign on SeedInvest recently surpassed $3.5mm in funding. This equity crowdfunding play brings commercial landscaping to the next level. The price promptly dropped as much as 30% when trading began on the stock exchange, burning 70,000 retail investors who bought into the IPO via platform PrimaryBid. Graze | Autonomous Mowing. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. One case study frequently cited is Nikola Motors Co., which went public via a SPAC in June 2020 and shot up to as high as $66/share before allegations of fraud tanked the stock to $14. As a private investing opportunity, Graze offers plenty of upside. On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. Please note, this investment opportunity will end tomorrow. In fact, in the U.S., work-related injuries represent massive cost outlays. 2) Risk of fraudulent activity And specific to Graze, electric-powered lawnmowers aren’t without their faults. Graze Mowing today announced a new model of its robotic lawnmower that it said will “increase efficiency and maintenance speed” for midsize to large commercial spaces. All rights reserved. What makes Graze such an exciting opportunity? Copyright © Obviously, with newer, autonomous technology, such innovations don’t come cheap. Through mass-scale cost reductions, commercial landscaping no longer has to be a loss leader. Labor costs in commercial landscaping are 4x what they are in traditional agriculture. Furthermore, electric lawnmowers may be environmentally friendly but they’re not terribly productive. Copyright © 2021 InvestorPlace Media, LLC. But, by using Graze’s autonomous lawnmowers, management estimates that it could cut down that figure by half or more. The company's autonomous mowers would allow LandCare to automate the land mowing process and reallocate team resources to spend more time on other landscaping services. But certain players in … So for landscaping companies that are constantly moving from one job site to another, this added reliability is a lifesaver. Obviously, EVs don’t emit carbon-based fumes, which can be deadly in certain conditions (such as operating an engine in an enclosed, unventilated space). Labor costs, on average, total 45% of the total revenue received for commercial mowing, which is already a tight margin segment. 1125 N. Charles St, Baltimore, MD 21201. However, there are multiple risks which you should consider before diving in. 8 Tokens on Watch Thanks to the Coinbase IPO, Smart Contracts Could Elevate Cardano to a Top Tier Cryptocurrency, 7 Dividend Stocks With 50 Years of Dividend Increases. trees, people), and collect and apply data to further optimize for precision and efficiency. But medically consulted injuries cost a staggering $41,000. Machine learning, coupled with computer vision and a robust system of sensors, allows the new Graze commercial lawn mower to map jobsites, plan and execute mowing paths, avoid obstacles and dangerous inclines (i.e. Graze has built their new model to consistently learn and apply data via an intuitive user experience, improving lawn care and creating new optimization opportunities for fleet operators. Brendan McDermid | … Granted, the autonomous technology distinguishes Graze. Part of the investor appetite stems from Graze's $19mm in pre-orders, two-thirds of which is recurring SaaS revenue. Article printed from InvestorPlace Media, https://investorplace.com/2020/09/3-reasons-to-invest-in-graze-stock/. Landscaping services are ubiquitous across the U.S., but there is plenty of room for disruption, according to Santa Monica, Calif.-based Graze. 1125 N. Charles St, Baltimore, MD 21201. Well, with electric lawnmowers, you eliminate that air quality issue right away. £52.8 M Graze Revenue FY, 2018. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. The S&P 500 lost 31% in March. In addition to the lower environmental impact, these new-generation drivers love the electric platform’s inherent reliability. Graze annual revenue was £52.82 m in FY 2018. Graze is building the lawn mower of the future. And while the novel coronavirus pandemic may negatively impact the final tally, the overall trend is clear: landscaping is a robust industry that is relatively insulated from economic downturns. Machine learning and computer vision will allow Graze to map job sites, plan and execute mowing paths, avoid obstacles (i.e. We're on a never-ending hunt for healthier, juicier, crunchier, tastier, fresher, bigger, better! Graze tells us that “US commercial landscaping is a $53 billion dollar industry plagued by high labor costs and low margins.” That’s why they’re planning the launch of the Graze Autonomous Commercial Mower. However, the main issue with commercial landscaping is that labor accounts for roughly half a service provider’s cost. On average, each worker injury costs $1,100. Machine learning, coupled with computer vision and a robust system of sensors allows the new Graze commercial lawn mower to map job sites, plan and execute mowing paths, avoid obstacles and dangerous inclines … As mentioned above, Graze’s autonomous equipment does away with at least half of the labor costs associated with commercial landscaping. All rights reserved. The IPO market saw a huge slump in the ensuing months. Therefore, if you’re interested in taking a shot, Graze stock is offered at $5.80 a share (preferred equity) with a minimum investment of $998. On the surface, the company is in the right sector. Among the equity crowdfunding names that are available, this is one of the most visible — and perhaps incredibly viable. As The Hustle has written , SPACs have also attracted controversy for giving long-term revenue projections — something that’s strongly discouraged in the traditional IPO process. With all of that in mind, though, here are three other reasons why you should invest in Graze stock. Graze – a new start-up bringing intelligence, automation and sustainable solutions to commercial landscaping – introduced a new mower model set to hit markets by 2021. Future Labs V, Inc. d/b/a Graze Mowing. Arts and crafts retailer Joann Inc. priced its initial public offering at $12 a share, well below its proposed price range of $15 to $17. At graze we believe the healthy choice shouldn't be a compromise on taste! The evolution of the first Graze fully autonomous, electric lawn mower expands the design to increase efficiency and maintenance speed for mid-to-large-sized commercial lawns, enhances cutting blades … Investment banks sold Deliveroo's shares at 390p a piece in the takeaway app's initial public offering. View Company. By eliminating 50% or more of the labor costs, and 100% of the fuel costs, Graze enables landscaping companies to jump from 10% margins to 40%+. VC backed, they've secured R&D partnerships and an est. Direct labor costs ~45% of the total revenue generated from lawn mowing.