Sophisticated investors are invited to invest in GreaseBoss.
GreaseBoss is a lubrication management platform for heavy industries. It aims to tackle the critical issue of incorrect machinery lubrication, which accounts for 70% of mechanical failures and costs the industry billions annually.
The platform simplifies and automates lubrication management, ensuring equipment is correctly greased to minimise downtime. Using RFID tags on each lubrication point, and smart flow meters, GreaseBoss guides, records, and analyses each grease event, pushing data to the “GreaseCloud”. They estimate their solution eliminates 99% of grease-related failures.