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