GreaseBoss Analysis: $5M Raised
What is GreaseBoss?
GreaseBoss offers a digital greasing system that ensures proper lubrication of machinery, preventing breakdowns and enhancing operational efficiency.
Employees
10
Founded
2020
Revenue
<$5M
Product Features & Capabilities
- digital greasing system, remote monitoring, automatic and manual greasing visibility, retrofittable to existing equipment, prevents avoidable breakdowns, systemizes greasing for high staff turnover, provides data for effective job performance, integrated grease meter, WiFi & SIM card connectivity, Q
How much GreaseBoss raised
1 - $4.55M
March 22, 2021Lead Investor: Brisbane Angels, Joseph Montana, Liquid 2, Pioneer Fund
Who are the founders of GreaseBoss
PC
TH
Tim Hall
CEO
Market Focus
GreaseBoss primarily focuses on the industrial machinery maintenance market, providing digital systems for ensuring proper greasing of machinery to prevent breakdowns and enhance operational efficiency.
Competitors Overview
GreaseBoss operates in the digital grease management systems market, primarily serving sectors such as mining, construction, agriculture, and utilities. Its main competitors include:
- Azima Global: Specializes in predictive maintenance solutions and condition monitoring for industrial machine
Business Model
SaaS model charging annual fees per grease point and upfront hardware costs.
Investors
- Brisbane Angels
- Joseph Montana
- Liquid 2 Ventures
- 77 Partners
- Cathexis Ventures
- Melt Ventures
- Pioneer Fund
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