5) Dearth of investor education. Graze is building the lawn mower of the future. At graze we believe the healthy choice shouldn't be a compromise on taste! One of main reasons why modern consumers have gravitated toward electric vehicles (EV) is their low environmental impact. Second, if you invest in Graze stock, you’re buying into a largely illiquid asset. Within this broader sector, commercial landscaping represents a $54 billion segment, according to Graze’s SeedInvest.com profile. 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. All rights reserved. Today, Graze – a new startup bringing intelligence, automation and sustainable solutions to commercial landscaping– has introduced its new lawn mower model, set to hit markets by 2021. On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. View Company. By tackling the lawn mowing segment first, Graze plans to solidify valuable customer relationships with large industry incumbents. 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. trees, people), and collect and apply data to further optimize for precision and efficiency. Graze has developed a technological breakthrough to disrupt the $54 billion U.S. commercial landscaping market. 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. Share on Twitter; Share on Facebook; Share on LinkedIn; Graze are building an electric, fully-autonomous lawn mower for the commercial landscaping industry. Stock # of Shares Authorized Par Value Dividend Rate (%) Original Issue Price Liquidation Liquidation Pref. Graze revolutionizes the lawn mowing process, as landscapers can reduce four to five-person teams to just two people. 2021 InvestorPlace Media, LLC. 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. PitchBook is a financial technology company that provides data on the capital markets. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. In addition to the lower environmental impact, these new-generation drivers love the electric platform’s inherent reliability. And, thanks to advanced engineering and intelligent sensors, the company’s lawnmowers can detect obstacles and areas that are not designated for lawnmowing. Small margins, labor limitations and increasing scrutiny on environmental impact has been met with a lack of impactful solutions. 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 … There was little confidence in the public market. Graze has raised $3.28 m in total funding. 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. So for landscaping companies that are constantly moving from one job site to another, this added reliability is a lifesaver. 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. And naturally, many high rollers have sought to invest in Graze stock. We've found that using the best ingredients nature has to offer makes the best snack, and we've got many delicious, wholesome creations for you to look forward to. Proprietary Technology. 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. quotes delayed at least 15 minutes, all others at least 20 minutes. All rights reserved. Brendan McDermid | … At most, lawn mowing … The S&P 500 lost 31% in March. Graze Mowing | LinkedIn. 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). Developer of fully autonomous commercial Lawn Mower created for Landscaping Companies. As a private investing opportunity, Graze offers plenty of upside. Future Labs V, Inc. d/b/a Graze Mowing. Get the full list », To view Graze Mowing’s complete board members history, request access », To view Graze Mowing’s complete investors history, request access ». And while that sounds ridiculously exaggerated at first, it’s not. Equipped with proprietary technology, these mowers enable companies to reduce labor costs and increase profit margins. That’s a huge advantage for both productivity and the environment; hence, the massive demand to invest in Graze stock. 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 … On the surface, the company is in the right sector. Now, the above is true for most equity crowdfunding plays. Graze Mowing Company Profile: Valuation & Investors | PitchBook. And specific to Graze, electric-powered lawnmowers aren’t without their faults. That was up 3.3% from the year prior, and experts call for 2020 sales to hit $97.8 billion. trees, terrain, people etc. The IPO market saw a huge slump in the ensuing months. 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. According to Graze’s investor video presentation, one hour of operation of a traditional gasoline-powered lawnmower emits as much fumes as a combustion-engine car idling for 40 hours. Please note, this investment opportunity will end tomorrow. You have a much simpler platform, which can run for years with little required maintenance. 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. Graze has built their new model to consistently learn and apply data via an intuitive user experience. Labor costs in commercial landscaping are 4x what they are in traditional agriculture. Compared to their gasoline-powered counterpart, EVs feature fewer moving parts. 4) Economic downturns Thus, by eliminating the headcount, you’re greatly reducing the probability of a devastating worker’s compensation case. Autonomous lawn mower hits the market this year - GPS World. 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. 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. These enable them to map job sites, plan and execute mowing plans, … As homeowners, one of the most important chores is mowing the lawn. Thus, we have a very compelling reason to invest in Graze stock. On average, each worker injury costs $1,100. But, by using Graze’s autonomous lawnmowers, management estimates that it could cut down that figure by half or more. VC backed, they've secured R&D partnerships and an est. Summary Metrics. always new snacks to try. 1125 N. Charles St, Baltimore, MD 21201. 3) Lack of liquidity Graze has raised $313.54 k in total funding. Graze has an intended “subscription pricing model of $12,000 per year, per mower and $30,000 upfront equipment price.”. 2) Risk of fraudulent activity Centering on renewable energy, we believe Graze eliminates 75% of fuel costs, increases operating margins, and allows landscapers to win new business by … Graze … Founding Date: 2017: Graze: total Funding$313.5 k: Graze: latest funding size$313.54 k : Time since last funding: 3 years ago: Graze's … Therefore, it’s important to perform your due diligence. All rights reserved. But certain players in … Lawn mowing is an essential service offered by commercial landscaping companies involved in their $53 billion industry, yet for most companies, it is a loss leader. However, Graze promises to change this dynamic entirely with electric, fully autonomous lawnmowers. Graze annual revenue was £52.82 m in FY 2018. Copyright © 2021 InvestorPlace Media, LLC. Small margins, labor limitations and increasing scrutiny on environmental impact has been met with a lack of impactful solutions. Frankly, you can find equivalent “analog” equipment for far cheaper. Direct labor costs ~45% of the total revenue generated from lawn mowing. Graze Gross profit (FY, 2018) 23 M. Graze Gross profit margin (FY, 2018), % 43.5%. And that means drivers don’t have to change oil, which can be a costly expense. Additionally, it recognizes people and other living beings — preventing devastating accidents. According to a Statista and IBISWorld study, the U.S. landscaping services industry hit revenue of $94.7 billion in 2019. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. So if you find yourself needing to sell your position for cash, you may not readily find a buyer. 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. Obviously, with newer, autonomous technology, such innovations don’t come cheap. Furthermore, electric lawnmowers may be environmentally friendly but they’re not terribly productive. Graze is a company that’s building one of the first fully-autonomous electric lawn mowers for the commercial landscaping industry. Thanks to groundbreaking automated technologies, Graze is offering an innovative solution to one of the oldest industries. As mentioned above, Graze’s autonomous equipment does away with at least half of the labor costs associated with commercial landscaping. GRA | Complete W.R. Grace & Co. stock news by MarketWatch. From a report by Kqed.org, gas-powered gardening equipment poses severe air quality threats due to their inefficiencies. Now, imagine that on a much larger scale. 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. Furthermore, Graze’s equipment is whisper quiet — meaning that you can run them at night. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Nasdaq However, it’s not just about reducing headcount. This equity crowdfunding play brings commercial landscaping to the next level. It’s developed fully autonomous electric mowers for the commercial landscaping industry. £52.8 M Graze Revenue FY, 2018. Part of the investor appetite stems from Graze's $19mm in pre-orders, two-thirds of which is recurring SaaS revenue. Article . Apart … New model futurizes lawn mowing care, quality and efficiency to target a $53B Market opportunity, $19M already in pre-order. 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 is pleased to announce that its campaign on SeedInvest recently surpassed $3.5mm in funding. Graze Introduces Next Generation of Intelligent, Fully Autonomous Electric Commercial Mowing. These risks include: 1) Greater chance of failure Article printed from InvestorPlace Media, https://investorplace.com/2020/09/3-reasons-to-invest-in-graze-stock/. Graze Mowing | LinkedIn. Yet, despite the major opportunity to capitalize on an approximate $53 billion market, commercial lawn mowing has remained an undisrupted industry. View real-time stock prices and stock quotes for a full financial overview. FREE Breaking News Alerts from StreetInsider.com! Among the equity crowdfunding names that are available, this is one of the most visible — and perhaps incredibly viable. However, there are multiple risks which you should consider before diving in. View Company. 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. Thus, we have a very compelling reason to invest in Graze stock… But medically consulted injuries cost a staggering $41,000. Graze eliminates 50% or more of the labor costs and 75% of the fuel costs. © 2021 PitchBook Data. Machine learning and computer vision will allow Graze to map job sites, plan and execute mowing paths, avoid obstacles (i.e. 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%+. E-mail … That said, it’s the same principle with electric lawnmowers. Graze is a high-risk, high-reward play on … They take a very long time to get their job done, and that poses issues for high-volume clients. Enjin Coin (ENJ) Price Predictions: Where Does ENJ Go After Coinbase Listing. Through mass-scale cost reductions, commercial landscaping no longer has to be a loss leader. 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. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. And with the autonomous nature of Graze, the operational chances of getting injured are significantly reduced. 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. 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. Well, with electric lawnmowers, you eliminate that air quality issue right away. How to Find Hypergrowth Winners No Matter the Market Conditions >>> READ MORE, Equity Crowdfunding & Startups to Invest In Now, Louis Navellier and the InvestorPlace Research Staff, The Invesco QQQ ETF Is Finally Ready to Join the Rally, Matt McCall and the InvestorPlace Research Staff, Momentum and Meme Stocks: How to Find the Next Top Reddit Stock of 2021, Next Cryptocurrency to Explode in 2021?