Graze R&D partner signs new customer LOI & campaign closing in 16 days
After working with Graze as an R&D Partner, California-based commercial landscaping company Miranda’s Landscape signed a non-binding letter of intent (LOI) to order five Graze mowers valued at $510k.
This new LOI shows that in addition to large landscaping companies like Mainscape (#14 U.S. commercial landscaping company and existing Graze customer with a letter of intent to purchase 200 mowers), small to medium sized landscaping companies like Miranda’s see the value of Graze’s autonomous mowers. After all, the average number of employees for a landscaping company is seven people.
“Maintaining solid margins is becoming increasingly difficult for landscaping companies of all sizes. With an autonomous solution like Graze I believe that I can increase margins and outpace the competition,” notes Casey Miranda, CEO of Miranda’s Landscape.
The campaign is successfully funded and still accepting investments until the campaign closes in 16 days on Friday, September 18th.