Graze

Graze

Growth Stage

Fully Autonomous Electric Lawn Mowers

Overview

Raised this Round: 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

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
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Graze 05/21/2024 Dealmaker Securities $25,000,000 $1,231,667 Equity - Common Funded 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+
Create a free account today to gain access to KingsCrowd analytics.

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.

Valuation History

Price per Share History

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

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Graze on Dalmore Group 2022
Platform: Dalmore Group
Security Type: Equity - Preferred
Valuation: $27,574,760
Price per Share: $5.80

Follow company

Follow Graze on Dalmore Group 2022

Buy Graze's Deal Report

Warning: according to the close date for this deal, Graze may no longer be accepting investments.

Graze Deal Report

Get KingsCrowd’s comprehensive report on Graze including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Graze is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Graze deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge