Editing Graze Robotic Mowers
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We’re building an electric, fully-autonomous lawn mower for the commercial landscaping industry. The $54 billion industry in the US is a very manual, low-skilled, low margin sector. Mowing is one of the lowest margin services offered with labor accounting for about 45% of gross revenue. The best companies in the industry generate only ~10% margins from mowing as rising wages and labor shortages drive costs up and heavy competition drives prices down. | We’re building an electric, fully-autonomous lawn mower for the commercial landscaping industry. The $54 billion industry in the US is a very manual, low-skilled, low margin sector. Mowing is one of the lowest margin services offered with labor accounting for about 45% of gross revenue. The best companies in the industry generate only ~10% margins from mowing as rising wages and labor shortages drive costs up and heavy competition drives prices down. |