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Top 105 IoT Development Tools SaaS Companies in May 2026

As of May 2026, there are 105 SaaS companies in IoT Development Tools. They have combined revenues of $775.3M and employ 6K people. They have raised $72.4M and serve 70.5K customers combined.

IoT Development Tools facilitate the creation, testing, and deployment of applications designed to manage and utilize Internet of Things (IoT) devices effectively. These tools enable developers to build software that can communicate with hardware components, process data, and ensure connectivity across various devices. Key use cases include smart home systems, industrial automation, healthcare monitoring, and environmental sensor applications, where the ability to gather, analyze, and act on data from connected devices is crucial. Typical features of IoT Development Tools include device management capabilities, data collection and visualization, real-time analytics, and integration with cloud services. These tools often provide features for protocol support, security measures, and scalability to accommodate numerous devices. Common buyer personas include software developers, product managers, IT professionals, and hardware engineers, all of whom require robust solutions to streamline their IoT projects and enhance operational efficiencies.

Companies
105
Revenue
$775.3M
Funding
$72.4M
Employees
6K

Filters

Sorting: Highest -> Lowest

Filters

Top IoT Development Tools Companies

Showing 10 of 15 companies ranked by annual revenue.

1
SQUAD

Kyiv, Kyiv City, Ukraine

We are a research and delivery team working on impactful products. We are gathering top notch minds in domains such as Research, Embedded, Hardware, Mobile, QA, Infrastructure, Delivery, Product and Design, and Analytics to collaborate on the latest smart home security/IoT. Our modern labs feature test devices and leading optical equipment, creating a unique opportunity to work and innovate on real R&D in Ukraine. We are a growing team that operates with a startup spirit to generate solutions for products and raise the bar with every detail. We pull together strong performers and foster an environment for creativity and discovery. We believe that the synergy of outstanding people and this environment can tackle any global challenge. Forget good. Do great in SQUAD.

Revenue
$80.9M
Customers
-
Year founded
-
Funding
-
Team size
735
Growth
-
2
Expert App Devs

Phoenix, Arizona, United States

Looking for a professional mobile app development company? We are a leading-edge mobile and IoT solution provider in India. Hire Excellent mobile app developers Here.

Revenue
$49.5M
Customers
-
Year founded
-
Funding
-
Team size
450
Growth
-
3
Avelabs

Cairo, Egypt

Provider of embedded services designed to provide a constant medium between customers and innovation. The company's services offer software analysis tool, enabling automotive engineers to debug and update software by providing insight information about its behavior even without the hardware availability.

Revenue
$45.8M
Customers
-
Year founded
2012
Funding
-
Team size
240
Growth
74.15%
4
ProArch

Atlanta, Georgia, United States

Provider of cloud business networking and software development services. The company provides IOT security, hololens development, device integration and testing, remote patient monitoring, enterprise asset management, IOT Prototyping, Cloud development, cyber security and blockchain software development services to enterprises and businesses.

Revenue
$42.4M
Customers
200
Year founded
2006
Funding
-
Team size
444
Growth
82.47%
5
People10 Technologies

New York, New York, United States

Provider of full-stack product development and digital transformation services designed for enterprises and startups. The company helps clients in crafting custom solutions in artificial intelligence, machine learning, IoT, web and mobile apps for B2B/ B2C, with modern agile and lean development frameworks, automation, and DevOps tools, enabling organizations to automate processes easily and stay future-ready.

Revenue
$28.7M
Customers
50
Year founded
2011
Funding
$1.4M
Team size
290
Growth
47.13%
6
Mason

Seattle, Washington, United States

Mason is the fastest way to take smart devices from idea to end user

Revenue
$24.4M
Customers
-
Year founded
2015
Funding
-
Team size
255
Growth
-
7
Ericpol

Lodz, Lodz, Poland

Ericpol since April 2016 is part of Ericsson. Since February 2017 has changed name to Ericsson Sp. z o.o. Please visit official Ericsson LinkedIn Profile. Ericpol has specialized in the production and development of software for telecommunication and M2M, as well as enterprises that base their activities on modern technologies. The Ericpol company was established in 1991 in Lodz. For 25 years it has been providing information and communication technology solutions, and thus successfully competing on the international market. Executed over 800 comprehensive long-term projects in 75 countries.

Revenue
$23M
Customers
-
Year founded
1991
Funding
-
Team size
209
Growth
-
8
Leo TechnoSoft

Sherman Oaks, California, United States

Leo TechnoSoft is a Partner Product and Solution engineering Company, setup in 2006 located in Loss Angeles (USA), Chicago (USA) and Pune (India) . Leo TechnoSoft offers strategic IT services in Product Engineering, Mobility and Blockchain to a global clientele. As a technology partner, Leo TechnoSoft is specialized in building, serving, managing and extending technology on Cloud, Enterprise and IOT environment to deliver next-generation technologies effectively. The Company expertise covers BI; SAAS based applications, Cloud Computing, Migration, Integration, Cross-Platform, Testing, Mobility and Big Data, Product Development, Share Point, SAAS Tenant, Internet of Things (IoT) Integrations Contact Us : [email protected]

Revenue
$21.8M
Customers
292
Year founded
2019
Funding
-
Team size
159
Growth
58.99%
9
CLOVITY

Dublin, California, United States

A software services provider and IoT product company offering a full range of services, and utilizing a proprietary IoT platform

Revenue
$21.1M
Customers
-
Year founded
2008
Funding
-
Team size
103
Growth
-
10
Exosite

Minneapolis, Minnesota, United States

Developer of embedded technologies intended to ease the hardships of IoT implementation. The company's unparalleled enterprise software and business solutions engage with leading manufacturers to drive their connected-product strategies and steer them to quick market wins with secure, single-source platform and rich ecosystem of tools, partnerships, and professional services, providing clients gain valuable insight into their products and the people using them.

Revenue
$21M
Customers
-
Year founded
2009
Funding
$50K
Team size
37
Growth
1227.3%

Inclusion Criteria

- Must provide tools for developing and deploying software for IoT applications - Should support various IoT protocols such as MQTT, CoAP, and HTTP - Must include features for device management and data analytics - Should facilitate integration with cloud platforms for data storage and processing - Not limited to just application development; must also support hardware integration and testing - Must offer security features to protect data and device access - Should enable scalability to manage multiple IoT devices.

IoT Development Tools SaaS Companies | GetLatka