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GreaseBoss

GreaseBoss

Private
Birtinya, QueenslandFrontier & Industrial Techhttps://greaseboss.com.au/

Last Round

Seed

Oct 8, 2021

Est. Valuation

$1.79M

Total Funding Raised

$2.06M

Company Overview

GreaseBoss is an Australian industrial IoT company that has developed a greasing management system to ensure heavy machinery is properly lubricated. Their system, which includes hardware and a cloud-based platform, verifies, tracks, and traces greasing in real-time, helping to prevent equipment failure and reduce maintenance costs. The company serves clients in various sectors including mining, manufacturing, and marine industries. Founded in 2020, GreaseBoss is an alumnus of the Y Combinator accelerator program and has received funding from investors such as Liquid 2 Ventures, 77 Partners, and Cathexis Ventures. The company is headquartered in Birtinya, Queensland, and exports its products to over 15 countries.

Sector

Frontier & Industrial Tech

Verticals

IoT Hardware, Vertical SaaS, Smart Manufacturing, Compliance, Fleet Management

Business Model

B2B

Customer Profile

Hardware + Subscription, Subscription SaaS, Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

lubrication managementindustrial IoTIIoTpreventive maintenanceheavy equipment maintenancegrease monitoringsmart lubricationretrofittable sensorsasset reliabilitycondition monitoringmaintenance management softwareIndustry 4.0predictive maintenancemining equipment maintenancewireless flow meterbolt-on sensors

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GreaseBoss Comparables

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GreaseBoss comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Hornche Corporation
75%
I-care
72%
AB SKF
72%

GreaseBoss Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedOct 8, 2021
AcceleratorFeb 25, 2021
GrantFeb 25, 2021

Key People

Founding team and executive leadership

Peter Condoleon

Co-Founder, CTO

Founding Team

Tim Hall

Co-Founder & CEO

Founding Team

Lenore Gerschwitz

Chief Operating Officer

Executive Team

GreaseBoss Investors

Notable investors and investment history

GreaseBoss investors
InvestorRounds
Advance QueenslandGrant
The MeltSeed
77 PartnersSeed
Y CombinatorAccelerator
Cathexis VenturesSeed
Liquid 2 VenturesSeed
Pipeline CapitalSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 8, 2021

    $1.85M round led by Pipeline Capital

GreaseBoss Filings

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GreaseBoss filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about GreaseBoss's valuation, stock price, and market status.

Is GreaseBoss a public or private company?

GreaseBoss is a private company.

What is the current stock price of GreaseBoss?

GreaseBoss is a private company with no public stock price. No recent secondary market data is available.

How much is GreaseBoss worth (valuation)?

GreaseBoss's valuation is estimated at $1.8M based on funding round data.

Can I buy GreaseBoss stock?

GreaseBoss shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was GreaseBoss's last funding round?

GreaseBoss's most recent funding round was Seed on February 25, 2021.

Who are the main investors in GreaseBoss?

Key investors in GreaseBoss include Y Combinator, Pipeline Capital.

Will GreaseBoss IPO soon?

No public IPO plans have been announced for GreaseBoss.

How can I track GreaseBoss secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor GreaseBoss's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersBirtinya, Queensland
Employee Range15
Year Founded2020
Last FundingOct 8, 2021

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