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Graze isn't accepting new investments

Graze’s deadline was October 1, 2022

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Logo of Graze

Graze

Fully autonomous, electric lawn mowers for commercial landscaping companies
B2B Agtech
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Featured image of Graze
Round
Series B Note
Allocation
$5M
Valuation Cap
$60,000,000
Minimum investment
$1,000
Security type
SAFE
Deadline
October 1, 2022
Invest in Graze
Pitch Updates 2
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Closed on October 1, 2022. Information may not be up-to-date. Campaign closed on October 1, 2022. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Market Vision Funding Leadership Summary Disclaimers
About Team Press

Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg D 506(c) securities offering by Graze, Inc..
Company documents
Graze Crowd SAFE Form CRS.pdf Graze PPM.pdf Graze, Inc. Financials.pdf Additional Risk Disclosures.pdf Disclosures & Disclaimers.pdf Accreditation FAQs.pdf
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Investment summary


$10M+ raised
Company has previously raised over $10M in capital
  • We have $23M in pre orders via non-binding commercial contracts
  • $115B landscape industry plagued by high labor and maintenance costs
  • Graze expects to reduce labor costs by 50% and increases margins by 5x
  • Our robust prototype is actively mowing in the field for our 1st customers
  • Experienced technical team with deep industry & robotics expertise
  • We've raised ~$15M to date via the crowd and traditional investors
  • Our mower is environmentally friendly and could eliminate 75% of fuel costs

This is a new company and has neither generated revenue, nor has it had any significant operating history.

Disclosures & Disclaimers

Problem


Mowing segment has historically low margins

Due to high labor and maintenance costs, Mowing is a loss leader for commercial landscapers and is one of their lowest margin services offered.

  • Labor accounts for 45% of gross revenue
  • Companies receive just <0-10% profit margins
  • Heavy competition drives prices down

Stats & charts above based on comparisons to Mainscape only.

Solution


Graze is building electric, fully autonomous mowers

for commercial landscaping companies



The Graze difference


Product


Production model capabilities

Graze Version 3


—
Graze Vision

Enhanced by computer-generated VFX

—
Fleet Command Center

  • Scheduling
  • Demand Forecasting
  • Data Capture
  • Unit Diagnostics
  • Fleet Management
  • Service Check-Ins
  • Weather Alerts

—
Mobile Sensor Platform

Traction


Pilot programs
currently in progress

Product scheduled for release in 2022

Customers


How we transform our customers’ P&L

* based on estimates, net gain for Mainscape could be 4-6x EBITDA per year. Estimates may vary depending on multiple factors.


Our first customers


358 mowers pre-ordered represents at least $23M in potential revenue 


Market


$115B lawn & landscaping industry

Vision


Product pipeline & go-to-market strategy


Bulk mowing
2023

Deliver 250+ Graze mowers to existing early stage partners with signed LOIs. Expansion geographically focused in California.

—

Swappable decks
2024

Additional decks and attachments expand our ability to increase usage with existing customers and grow addressable market.

—

Mobile sensor platform
2025

Similarly increase existing customer usage by providing sensor and software upgrades allowing for inspection, monitoring, and tasks supported by data collection.

Funding


Graze has raised ~$15M to date
via the crowd and traditional investors.

Leadership


Leadership Team

Summary


  • $23,000,000
    in potential revenue from industry-leaders
  • A proven team
    With deep industry & robotics expertise
  • Robust prototype
    Built by experienced technical team
  • Wavemaker advantage
    From lead investor with unique value-adds
  • Raised $15 million
    Series A round closed in April 2022

Thank you


Disclaimers


Risks of early stage investment. Not an offer to buy or sell securities. This is a long-term speculative illiquid investment. Investment is not FDIC or SiPC insured. 

This site (the "Site") is owned and maintained by OpenDeal Inc., which is not a registered broker-dealer. OpenDeal Inc. does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities listed here are being offered by, and all information included on this Site is the responsibility of, the applicable issuer of such securities. The intermediary facilitating the offering will be identified in such offering’s documentation.

All funding-portal activities are conducted by OpenDeal Portal LLC doing business as Republic, a funding portal which is registered with the US Securities and Exchange Commission (SEC) as a funding portal (Portal) and is a member of the Financial Industry Regulatory Authority (FINRA). OpenDeal Portal LLC is located at 335 Madison Avenue, 16th Floor, New York, NY 10017, please check out background on FINRA’s Funding Portal page.

All broker-dealer related securities activity is conducted by OpenDeal Broker LLC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, and a registered broker-dealer, and member of FINRA | SiPC, located at 1345 Avenue of the Americas, 15th Floor, New York, NY 10105, please check our background on FINRA’s BrokerCheck. Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.  Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.

Certain pages discussing the mechanics and providing educational materials regarding regulation crowdfunding offerings may refer to OpenDeal Broker LLC and OpenDeal Portal LLC collectively as “Republic”, solely for explanatory purposes.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC make investment recommendations and no communication, through this Site or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. Investment opportunities posted on this Site are private placements of securities that are not publicly traded, involve a high degree of risk, may lose value, are subject to holding period requirements and are intended for investors who do not need a liquid investment. Past performance is not indicative of future results. Investors must be able to afford the loss of their entire investment. Only qualified investors, which may be restricted to only Accredited Investors or non-U.S. persons, may invest in offerings hosted by OpenDeal Broker.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC, nor any of their 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. Offers to sell securities can only be made through official offering documents that contain important information about the investment and the issuers, including risks. Investors should carefully read the offering documents. Investors should conduct their own due diligence and are encouraged to consult with their tax, legal and financial advisors.

By accessing the Site and any pages thereof, you agree to be bound by the OpenDeal Portal’s Terms of Use and Privacy Policy and/or OpenDeal Broker’s Terms of Use and Privacy Policy. Please also see OpenDeal Broker’s Business Continuity Plan and Additional Risk Disclosures.

Investors should verify any issuer information they consider important before making an investment.

https://www.finra.org/#/

https://www.sipc.org/

Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg D 506(c) securities offering by Graze, Inc..
Company documents
Graze Crowd SAFE Form CRS.pdf Graze PPM.pdf Graze, Inc. Financials.pdf Additional Risk Disclosures.pdf Disclosures & Disclaimers.pdf Accreditation FAQs.pdf

About Graze

Legal Name
Graze, Inc.
Founded
Dec 2017
Form
Delaware Corporation
Employees
3
Website
grazemowing.com
Social Media
Headquarters
Google Map location of of Graze
1661 E. Franklin Ave , El Segundo, CA
Headquarters
1661 E. Franklin Ave, El Segundo, CA, United States 90245

Graze Team
Everyone helping build Graze, not limited to employees

Profile picture of John Vlay
John Vlay
CEO
Profile picture of Josh Weinberg
Josh Weinberg
Business Strategy & Operations
Profile picture of Krystof Litomisky
Krystof Litomisky
Engineering Lead
Profile picture of David Littleton
David Littleton
Director of Manufacturing
1 more team member
John Vlay
CEO
Josh Weinberg
Business Strategy & Operations
Krystof Litomisky
Engineering Lead
David Littleton
Director of Manufacturing

Press

How Graze Mowing's Self-Driving Mower Is Transforming Com...
Newsweek
·
Jun 11, 2021

The contents of this article are for informational purposes only and do not constitute financial or investment advice. It...

How Graze Mowing's self-driving mower is disrupting the $...
The Robot Report The Robot Report
·
Jun 8, 2021

Although the U.S. commercial landscaping industry is worth $100 billion, it's trapped in dire financial straits. Its outd...

If You're Looking for Green Investment, Look No Further T...
Entrepreneur
·
Jun 3, 2021

Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchas...

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Graze

Graze successfully raised $59,550 from 25 investors on October 1, 2022
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