# GreaseBoss **Source:** https://geo.sig.ai/brands/greaseboss **Vertical:** Manufacturing **Subcategory:** General **Tier:** Emerging **Website:** greaseboss.com **Last Updated:** 2026-04-14 ## Summary Perth Australia wireless lubrication monitoring IoT for mining and heavy industry preventing bearing failures from missed greasing; YC W21 $4.55M at $5M revenue competing with Samsara and Emerson for industrial predictive maintenance. ## Company Overview GreaseBoss is a Perth, Australia-based industrial IoT company — backed by Y Combinator (W21) with $4.55 million raised including a $4 million seed round in May 2021 — providing mining, manufacturing, and heavy industry operations with wireless IoT sensor systems and cloud-based software that automatically monitor, track, and verify lubrication activities for rotating equipment (pumps, motors, conveyor bearings, gearboxes), preventing equipment failures caused by inadequate or incorrect lubrication that account for 36% of premature bearing failures and represent significant unplanned downtime costs in mining and industrial operations. Founded in 2020 and generating $5 million in revenue by June 2024 with a 12-person team, GreaseBoss serves major mining operations across Australia and internationally. GreaseBoss's wireless sensor system monitors lubrication points throughout an industrial facility in real time: sensors attached to each grease nipple detect when lubrication has been applied (detecting the grease gun connection and volume dispensed), track the lubrication schedule compliance (is the bearing being greased at the correct interval and with the correct grease quantity), and alert maintenance supervisors when lubrication events are missed or when sensor data indicates abnormal conditions (temperature spikes that indicate bearing stress from insufficient lubrication). The mobile app enables maintenance technicians to navigate lubrication routes using GPS-guided asset mapping, scan QR codes on equipment to pull up grease specifications and history, and record lubrication activities with photographic evidence — creating the digital audit trail that maintenance managers need for predictive maintenance programs and equipment warranty compliance. In 2025, GreaseBoss competes in the industrial IoT, predictive maintenance, and lubrication management market with Samsara (NYSE: IOT, industrial IoT platform, $937M ARR), Emerson Plantweb (ETR: EMR, industrial automation and asset monitoring), and SDT Ultrasound (lubrication monitoring tools) for industrial lubrication and maintenance monitoring adoption. The mining industry (the primary GreaseBoss vertical) has driven strong adoption — mining operations in Australia, Chile, Canada, and South Africa operate continuous rotating equipment worth $100M-$1B+ where a single unexpected bearing failure from insufficient lubrication can cost $500K+ in downtime and emergency repair. Y Combinator W21 backing positions GreaseBoss in the industrial IoT startup ecosystem that has seen significant investor interest in operational technology (OT) digitization. The 2025 strategy focuses on growing the international mining market (South American copper and lithium mines, Canadian oil sands operations), expanding to the broader heavy industry market (pulp and paper mills, offshore platforms, steel manufacturing), and building the predictive failure analytics that use lubrication data to predict bearing remaining useful life. ## Frequently Asked Questions ### What is GreaseBoss? GreaseBoss is a Perth, Australia-based industrial IoT company that provides automated lubrication monitoring and management systems for mining, manufacturing, and heavy industry. Founded in 2020, the company prevents equipment failures and reduces maintenance costs through real-time tracking and predictive analytics. ### What products and services does GreaseBoss offer? GreaseBoss offers IoT lubrication monitoring systems, wireless sensors for mining equipment, predictive maintenance solutions, and industrial automation technology. Their platform includes wireless lubrication sensors and a management system for real-time equipment monitoring. ### Who are GreaseBoss's target customers? GreaseBoss serves major mining operations, manufacturing facilities, and heavy industry companies. The company has customers across Australia and internationally in the mining and heavy industry sectors. ### When was GreaseBoss founded? GreaseBoss was founded in 2020. The company was part of Y Combinator's Winter 2021 (W21) cohort. ### Where is GreaseBoss located? GreaseBoss is based in Perth, Australia. The company serves customers across Australia and internationally. ### How much funding has GreaseBoss raised? GreaseBoss has raised $4.55M in total funding. This includes a $4M seed round completed in May 2021. ### What are GreaseBoss's key achievements and metrics? As of June 2024, GreaseBoss achieved $5M in revenue with a team of 12 employees. The company was part of Y Combinator's W21 cohort and has successfully deployed its systems across major mining operations in Australia and internationally. ### What technology does GreaseBoss use? GreaseBoss uses industrial IoT technology with wireless sensors to monitor lubrication in real-time. Their platform combines predictive analytics with automated monitoring to prevent equipment failures in mining and heavy industry applications. ### How does GreaseBoss help prevent equipment failures? GreaseBoss prevents equipment failures through automated lubrication monitoring with real-time tracking and predictive analytics. This approach reduces maintenance costs by identifying potential issues before they lead to equipment breakdowns. ### What recent developments has GreaseBoss announced? GreaseBoss reached $5M in revenue as of June 2024 with a team of 12 employees. The company raised a $4M seed round in May 2021 and continues to expand its presence in mining and heavy industry IoT. ## Tags b2b, saas, manufacturing, iot, startup --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*