Diamabrush Company Profile

Background

Mission and Vision

Diamabrush is dedicated to transforming restoration and renovation projects by providing innovative, easy-to-use diamond abrasive tools that deliver optimal results without the need for harmful chemicals or solvents.

Primary Area of Focus

Specializing in surface preparation and finishing applications, Diamabrush offers a comprehensive range of products designed for coating removal, scarifying, honing, leveling, sanding, and polishing across various flooring and vertical surfaces.

Industry Significance

Since its inception in 2007, Diamabrush has established itself as a leader in the construction and maintenance industry, providing advanced abrasive technology that enhances the efficiency and effectiveness of surface preparation and finishing processes.

Key Strategic Focus

Core Objectives

Develop and market advanced abrasive tools that simplify surface preparation and finishing tasks.

Provide chemical-free solutions to enhance safety and environmental sustainability.

Expand product offerings to cater to a diverse range of surfaces and applications.

Specific Areas of Specialization

Coating removal, including urethanes, varnishes, black mastic, thin set, glue, and epoxy.

Surface preparation and finishing for hardwood, concrete, vinyl composition tile, terrazzo, and other stone surfaces.

Key Technologies Utilized

Diamond abrasive technology for efficient and effective surface treatment.

Proprietary designs that allow tools to be attached to standard rotary-driven machines, enhancing versatility.

Primary Markets Targeted

Commercial and industrial facilities requiring floor maintenance and restoration.

Contractors and do-it-yourselfers seeking efficient surface preparation solutions.

Financials and Funding

Funding History

In September 2020, Diamabrush received an investment from LFM Capital, a private equity firm.

Total Funds Raised

Specific details regarding the total funds raised are not publicly disclosed.

Notable Investors

LFM Capital

Intended Utilization of Capital

The investment is expected to support Diamabrush's growth initiatives, including product development, market expansion, and operational enhancements.

Pipeline Development

Key Pipeline Candidates

Diamabrush continually develops and refines its product offerings to meet the evolving needs of the surface preparation and finishing industry.

Stages of Product Development

Products undergo rigorous research, development, and testing phases to ensure quality and effectiveness.

Target Conditions

Products are designed to address various surface preparation challenges, including coating removal, scarifying, honing, leveling, sanding, and polishing.

Relevant Timelines for Anticipated Milestones

Specific timelines for product development milestones are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

Diamond abrasive technology for efficient surface treatment.

Designs that enable compatibility with standard rotary-driven machines, enhancing versatility.

Significant Scientific Methods

Utilization of diamond abrasive technology to achieve effective and efficient surface preparation and finishing.

Leadership Team

Key Executive Profiles

Mike Sancimino: Chief Executive Officer (CEO)

Leads the company's strategic direction and operations.

Oversees product development and market expansion initiatives.

Karen Dupke: Vice President of Finance and Customer Care

Manages financial operations and customer service functions.

Ensures financial stability and customer satisfaction.

Michael Wolcott: Vice President of Operations

Oversees manufacturing and operational processes.

Focuses on operational efficiency and product quality.

Chad Taylor: National Director of Industrial Accounts

Manages relationships with industrial clients.

Drives sales and business development in the industrial sector.

Mike Thomas: Manufacturing Operations Manager

Oversees manufacturing operations.

Ensures efficient production processes and quality control.

Geoff Bumstead: Southwest Sales Manager

Manages sales operations in the Southwest region.

Focuses on expanding market presence and customer engagement.

Chris Griffin: National Account Manager

Manages key national accounts.

Develops strategies to strengthen client relationships and drive sales.

Chuck Block: Marketing Manager

Oversees marketing strategies and initiatives.

Focuses on brand development and market positioning.

David Babineau: Northeast Regional Sales Manager

Manages sales operations in the Northeast region.

Drives sales growth and market expansion in the area.

Matthew Grahn: National Director of Commercial Accounts

Oversees commercial client relationships.

Develops strategies to enhance service offerings and client satisfaction.

Competitor Profile

Market Insights and Dynamics

The surface preparation and finishing industry is characterized by a demand for efficient, cost-effective, and environmentally friendly solutions.

Technological advancements and innovation are key drivers of competition in this sector.

Competitor Analysis

SASE Company: Specializes in concrete preparation and polishing equipment, offering products like planetary diamond grinders and industrial dust extractors.

Concrete Craft: Provides decorative concrete solutions, including stamped, stained, and resurfaced concrete services.

Precision Surfacing Solutions: Offers precision surfacing technology for grinding, lapping, polishing, and materials processing.

Strategic Collaborations and Partnerships

Diamabrush collaborates with various distributors to expand its market reach, including partnerships with major retailers such as The Home Depot and Sherwin-Williams.

Operational Insights