GreaseBoss vs PTC
Side-by-side comparison of AI visibility scores, market position, and capabilities
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.
About
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.
Boston industrial CAD/PLM software (NASDAQ: PTC); FY2025 8.5% ARR growth, Kepware/ThingWorx IoT divested to TPG (Nov 2025) under new CEO Neil Barua competing with Siemens Teamcenter for discrete manufacturer PLM.
About
PTC Inc. is a Boston, Massachusetts-based industrial software company — publicly traded on NASDAQ (NASDAQ: PTC) as an S&P 500 component — providing computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management (ALM), service lifecycle management (SLM), and industrial IoT software to manufacturers across aerospace, defense, automotive, medical devices, and industrial machinery. In FY2025 (fiscal year ended September 30, 2025), PTC reported 8.5% ARR growth and 16% free cash flow growth, with Q4 FY2025 revenue up 39% in constant currency and 18% year-over-year. CEO Neil Barua took over from long-tenured CEO James Heppelmann in February 2024 and introduced the "Barua Blueprint" refocusing PTC on its core CAD/PLM/ALM/SLM strengths. In November 2025, PTC announced the divestiture of its industrial IoT assets — Kepware and ThingWorx — to TPG, sharpening its portfolio around design and lifecycle management software. PTC's product portfolio includes Creo (3D parametric CAD for mechanical engineers), Windchill (PLM for product data and process management), Onshape (cloud-native CAD platform), and Arena (cloud-native PLM/QMS).
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