Graze

Graze

Growth Stage

Fully Autonomous Electric Lawn Mowers

Overview

Raised to Date: Raised: $5,000,766

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

12/02/2019

Close Date

Not Provided

Min. Goal
$998
Max. Goal
$15,000,000
Min. Investment

$998

Security Type

Equity - Preferred

Series

Series A

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$5.80

Pre-Money Valuation

$27,574,760

Rolling Commitments ($USD)

Status
Funded
Reporting Date

06/04/2022

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$5,495

# of Investors

117

Momentum
Funded
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Year Founded

2017

Industry

Farming & Agriculture

Tech Sector

AgriTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Santa Monica, California

Business Type

Growth

Graze is raising funds on Dalmore Group through Reg A+ crowdfunding. The company makes and sells fully-autonomous electric lawn mowers for the landscaping industry. The electric lawnmowers of Graze help reduce labor costs, operator injuries, and fuel costs. Graze increases mowing margins by five times and is set for growth. The mowers of Graze have a robust sensor suite and can safely self-navigate in and around commercial job sites. John Vlay founded Graze in 2017. The current crowdfunding campaign has no minimum target and a maximum target of $15,000,000. The campaign proceeds will be used for product development, personnel, and general overhead.

Balance Sheet

Cash and Cash Equivalents

$107,775

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$639,941

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$747,716

Accounts Payable & Accrued Liabilities

$3,079,890

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$3,299,597

Total Stockholders' Equity

$-2,551,881

Total Liabilities and Equity

$747,716

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-3,774,911

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Artesian CPA
Financials as of: 12/02/2019
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Graze 04/28/2024 Dealmaker Securities $25,000,000 $855,365 Equity - Common Active RegCF
Graze 09/29/2022 Republic $60,000,000 - SAFE Funded RegD 506(c)
Graze 05/30/2022 Dalmore Group $27,574,760 $5,000,766 Equity - Preferred Funded RegA+
Graze 06/29/2021 StartEngine $23,000,000 $5,344,573 Equity - Preferred Funded RegA+
Graze 09/22/2020 SeedInvest $23,000,000 $4,076,610 Equity - Preferred Funded RegA+
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Graze on Dalmore Group 2022
Platform: Dalmore Group
Security Type: Equity - Preferred
Valuation: $27,574,760
Price per Share: $5.80

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