Graze

Fully autonomous, electric lawn mowers for commercial landscaping companies

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Security Type
SAFE
Min Investment
$1,000
Location
PLANO, TX
Offering Date
August 02, 2022
Expected Close Date
April 29, 2024
Target Raise
$5.10K-$5.00M
Security Price
$1.63
Valuation
$60,000,000
Website
grazemowing.com
Number of Employees
13
Cash
$20,162
Revenue
$0
Short Term Debt
$1,017,263
Cost of Goods
$0
Long Term Debt
$73,050
Net Income
$-3,587,266

Key Deal Facts

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

Management Team / Advisory Board Bios

John Vlay
CEO

Josh Weinberg
Business Strategy & Operations

Krystof Litomisky
Engineering Lead

David Littleton
Director of Manufacturing
Amount Raised : $0
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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