Electric, fully autonomous commercial lawn mowerGraze has signed Letters of Intent from LandCare and Mainscape, 2 of the top 15 commercial landscaping companies in the US. These LOIs outline the potential purchase of 400 mowers, which could represent $36 million in revenue for Graze.*Graze is working directly with LandCare and Mainscape to bring the Graze mower to market. Collectively, LandCare and Mainscape operate ~1,400 mowers across the country and are growing every year. We project this could represent $126 million in gross revenue every 5 years.The $54 billion commercial landscaping industry in the US is a very manual, low-skilled, and low margin sector. Mowing is one of the lowest margin services offered, with labor accounting for about 45% of gross revenue. The best companies in th... [Read More]
Preferred securities are a type of investment that generally offer higher yields than traditional fixed.
December 14, 2019
March 13, 2020
Open to Investors
Research & Development: 40%
General Overhead: 5%
John led Jensen Landscape as Chairman, CEO, and President for eleven of his 35 years with this award-winning landscape construction and maintenance company. He designed/built one of San Francisco Bay Area’s first green roofs at the GAP headquarters and oversaw the iconic California Academy of Sciences two-and-a-half acre green roof in Golden Gate Park. Under John’s 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. There, John oversaw Safety for Monarch’s six rollup companies in five states and worked with the Monarch CEO on acquisition prospects. John left Jensen in 2018, after which he has engaged in a number of consulting roles. 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. John is a graduate of the University of California, Los Angeles (UCLA) in Business and Economics.
Roman is the proud son of two Migrant Farmworkers and was recruited out of high school to work for NASA at the age of 17. He was tasked with designing extra terrestrial exploration vehicles and technologies, including test bed designs for both static and dynamic landing platforms for the Curiosity Mars Rover. After spending over a decade with NASA, he went on to other challenging engineering industries aimed at improving the quality of life for mankind. As a result, Roman is now responsible for designing one of the world's first fully autonomous AI-driven medical devices capable of diagnosing stroke and other forms of traumatic brain injuries such as concussions and Alzheimers. He is a proven technical leader in innovation and economic disruption. With over 20 years of experience in custom mechanical engineering design of intelligent robots, complex mechanical instruments & optical systems used in entertainment, extraterrestrial & earth-based science applications, Roman has joined the Graze family to bring technologies to the landscapes and orchards he used to work in as a child. Prior to joining Graze, Roman was the Founding Mechanical Engineer at Neural Analytics, a position he held for four years. Roman currently has over 10 patents filed under his name.
Round type: Series A Round size: US $10,000,000 Minimum investment: US $998 Target Minimum: US $1,000,000 Raised to date: US $240,166 Security Type: Preferred Equity Share price: US $5.8 Pre-money valuation: US $23,000,000 Option pool: 5.0% Liquidation preference: 1.0x
There are no additional research reports currently.