Graze
Fully autonomous, electric lawn mowers for commercial landscaping companies
- Security Type
- SAFE
- Min Investment
- $1,000
- Offering Date
- August 02, 2022
- Expected Close Date
- October 01, 2022
- Valuation
- $60,000,000
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
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.