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GreaseBoss Analysis: $5M Raised

What is GreaseBoss?

GreaseBoss provides advanced lubrication management solutions for mining and manufacturing industries. Their systems monitor grease application to prevent equipment failures and reduce maintenance costs. The company serves major clients like Komatsu and Glencore, demonstrating significant cost savings through their technology.

Product Features & Capabilities

  • Fixed plant solutions
  • Mobile equipment solutions
  • Critical point monitoring
  • Manual lubrication management
  • Bulk lubrication management

Use Cases

Monitor grease application for mining equipment; Systemize manual lubrication tasks for contractors; Detect lubrication issues in heavy mobile equipment; Prevent catastrophic failures in excavators; Optimize lubrication for fixed plant machinery

How much GreaseBoss raised

1 - $4.55M

March 22, 2021
Lead Investor: Brisbane Angels, Joseph Montana, Liquid 2, Pioneer Fund

Other Considerations

Trusted by Komatsu and Glencore; Achieved $6 million annual savings for clients; Prevented $25 million in downtime for a gold mining company; Recognized for effective lubrication solutions in harsh environments

Financial Overview

$5MTotal Raised
1$4.55M
March 22, 2021
Investors: Brisbane Angels, Joseph Montana, Liquid 2, Pioneer Fund
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