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Top 50 IoT Device Management Platforms Companies Under $1M Revenue (August 2026)

As of August 2026, Latka tracks 63 IoT device management platforms companies under $1M in annual revenue. They have combined revenues of $30.7M and employ 367 people. They have raised $3M and serve 6.1K customers combined.

Every company below sells IoT device management platforms to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What IoT Device Management Platforms Companies do

IoT Device Management Platforms are essential solutions designed to monitor, manage, and control a variety of connected devices within the Internet of Things ecosystem. These platforms allow organizations to track device health, deploy software updates, and ensure security compliance across a network of devices. With a focus on automation and centralized control, they also enable efficient device provisioning, configuration, and troubleshooting. Typical features of these platforms include remote access, device analytics, firmware management, and security functionalities, such as authentication and encryption. Common user personas for these solutions include IT administrators responsible for maintaining device integrity, operations managers overseeing large fleets of devices, and developers looking to integrate IoT functionality into applications. As organizations increasingly adopt IoT technology, these tools play a vital role in optimizing device performance and reliability.

Companies
63
Revenue
$30.7M
Funding
$3M
Employees
367

Filters

Sorting: Highest -> Lowest

Filters

Top IoT Device Management Platforms Companies Under $1M Revenue

Showing 10 of 63 companies ranked by annual revenue.

1IDR Asset Management Software logo
IDR Asset Management Software

Helsinki, Uusimaa, Finland

One software. The entire lifecycle. IDR provides a ready-made solution for managing the lifecycle of healthcare and IT devices. Incorporate different partners into your company’s asset management with only few clicks.

Revenue
$990K
Team size
9
2CM2W logo
CM2W

Sofia, Bulgaria

Provider of a monitoring platform. The company helps in monitoring and controlling a a wide range of hardware equipment in an uniform manner.

Revenue
$929.4K
Year founded
2014
Team size
20
3Apprentice Health logo
Apprentice Health

Boston, Massachusetts, United States

We deploy sensors and software that increase hospital efficiency.

Revenue
$900K
Team size
2
4Coffee Cloud logo
Coffee Cloud

London, Greater London, United Kingdom

Coffee Cloud Data Analytics IoT is a full-stack solution to digitize the professional coffee industry. Coffee Cloud software helps coffee producers/suppliers, machine producers/providers, cafe's, restaurants and chains to understand how their coffee machines are being used, giving them precise analytics data to ensure coffee quality and profitability.

Revenue
$880K
Year founded
2015
Team size
8
Growth
15.99%
5ArgoTrak logo
ArgoTrak

Charlotte, North Carolina, United States

ArgoTrak believes in providing companies with increased visibility and control in order to enhance performance and better peace of mind. We can track anything, anyone, anytime, anywhere. We have a modern and flexible SaaS platform that delivers a ROI by reducing operational costs, while increasing productivity and safety. We reduce insurance premiums and fraudulent claims and are unique in that we can manage up to 8 cameras, increase lone worker safety, manage tool inventory, and track marine. If you have a commercial fleet, water vessels, lone workers out in the field, or any safety needs, WE can help!

Revenue
$880K
Year founded
2009
Team size
8
6qbee AS logo
qbee AS

Trollåsen, Akershus, Norway

IoT device management and integrated VPN with remote access. Quick time to value for POCs and lifecycle management for large IIoT device deployments. We feature OTA software updates, CVE vulnerability analysis, script distribution and remote execution, full automation and a very advanced remote access solution allowing to map any port from any remote device through firewall and NATs to a local computer. This allows to remotely work or debug devices anywhere in the world.

Revenue
$880K
Year founded
2017
Team size
8
7devicemax logo
devicemax

Gurgaon, Haryana, India

With a decade of hands-on experience and a presence in more than 45 countries, Devicemax is steadfast in its commitment to delivering real benefits to businesses. We specialise in boosting Data ARPU and enhancing customer experiences, offering a suite of tools that extends beyond smartphones to include unbranded and feature phones. Our extensive industry knowledge, coupled with an innovation-driven journey, has enabled us to successfully provide advanced technology to telecom operators, catalyzing substantial business growth. Across Device Management Systems, SIM OTA, eSIM, EIR, Device Guides, Enterprise Mobile Device Management, Self-Healing SDK and comprehensive campaign management and analytics tools, we equip telecom operators to not only stay ahead of the competition but also redefine possibilities in the telecom industry. Join us on this transformative journey, where our 15+ years of experience and expansive global footprint converge to drive revenue growth for operators through enhanced Data ARPU, innovative solutions, and enriched customer experiences.

Revenue
$880K
Year founded
2015
Team size
8
8Novacene logo
Novacene

United States

At Novacene, we are dedicated to making it simpler for buildings to meet their carbon reduction targets and progress towards net zero. Our technology doesn’t just gather data; it transforms it into actionable insights that can actuate other IoT devices, such as lighting controls, quickly and cost-effectively. Most of our customers identify savings within weeks, and these savings can often be automated permanently. Smart building technology isn’t limited to buildings with existing Building Management Systems (BMS). Thanks to affordable IoT sensors and controls, even the 87% of buildings currently without BMS can enjoy the benefits of smart building solutions. Are you ready to discover how Novacene can help you achieve substantial energy savings and meet your ESG goals? Contact us today to start your journey towards more sustainable operations. #SmartBuildings #IoT #EnergyEfficiency #SustainableFuture #netzero #PAS 2035 #Novacene

Revenue
$880K
Year founded
2022
Team size
8
9i cubed systems logo
i cubed systems

Fukuoka, Japan

Provider of a cloud-based platform for businesses. The company develops and provides CLOMO, a platform designed to optimize use of smart devices in business, and enabling administrators to control access to cloud services.

Revenue
$871.9K
Year founded
2001
Team size
36
10Inteligistics logo
Inteligistics

Pittsburgh, Pennsylvania, United States

Provider of innovative cold chain and supply chain visibility services designed to track and monitor shelf life of perishable commodities. The company's services offer US Navy leveraging machine to machine low power, portable and wireless sensors and passive radio frequency identification technologies, enabling businesses to focus on process improvements, decreased power usage, increased product throughput, more efficient labor costs and improved inventory levels.

Revenue
$864.1K
Year founded
2004
Team size
7

Frequently asked questions about IoT Device Management Platforms Companies Under $1M Revenue

How many IoT device management platforms companies under $1M in annual revenue are there?

Latka tracks 63 IoT device management platforms companies under $1M in annual revenue. Together they generate $30.7M in annual revenue and employ 367 people.

Which IoT device management platforms company under $1M in annual revenue is the largest?

IDR Asset Management Software is the largest, with $990K in annual revenue.

How much revenue does a typical IoT device management platforms company under $1M in annual revenue make?

The average IoT device management platforms company in this list makes $486.6K a year, across 63 companies with reported revenue. They serve 6.1K customers combined.

Who are the leading IoT Device Management platforms vendors under $1M in annual revenue?

Ranked by annual revenue, the leaders are IDR Asset Management Software, CM2W, Apprentice Health, Coffee Cloud and ArgoTrak.

How much funding have IoT device management platforms companies under $1M in annual revenue raised?

The 63 IoT device management platforms companies under $1M in annual revenue tracked here have raised $3M in disclosed funding between them.

Related IoT Management Platforms categories

Inclusion Criteria

- The product must enable remote monitoring and management of connected IoT devices. - It should provide capabilities for provisioning and configuring new devices. - The platform should facilitate firmware updates and security patch management. - The solution must include analytics features to assess device performance and health. - It should support secure communication channels for device interactions. - Not just basic device connectivity; must also include advanced troubleshooting and diagnostics capabilities.