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Top 642 IoT Platforms SaaS Companies in May 2026

As of May 2026, there are 642 SaaS companies in IoT Platforms. They have combined revenues of $7.6B and employ 45.6K people. They have raised $6.7B and serve 266.1M customers combined.

IoT platforms are centralized software solutions designed to connect, manage, and analyze Internet of Things (IoT) devices and applications. These platforms enable seamless communication between various devices, facilitating data collection, processing, and user interaction in real-time. Common use cases include smart homes, industrial automation, supply chain management, and healthcare monitoring, among others. Typical features of IoT platforms include device management, data analytics, application development, and security functionalities. These platforms are often leveraged by a range of professionals, including IT teams, operations managers, and business analysts, who seek to optimize processes, improve efficiency, and derive actionable insights from connected devices and data streams. The versatility of IoT platforms allows organizations in various industries to enhance productivity and innovate their service offerings.

Companies
642
Revenue
$7.6B
Funding
$6.7B
Employees
45.6K

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Top IoT Platforms Companies

Showing 10 of 642 companies ranked by annual revenue.

1
EcoFlow

Shenzhen, China

EcoFlow is a Chinese company that develops portable power stations, smart devices, and home energy systems, established in 2017.

Revenue
$1B
Customers
-
Year founded
2017
Funding
$104M
Team size
2.6K
Growth
-
2
Motive

San Francisco, California, United States

Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy.

Revenue
$549M
Customers
-
Year founded
2013
Funding
$639.3M
Team size
5.5K
Growth
138.35%
3
MapmyIndia

New Delhi, Delhi, India

Making the world a better place with Maps, Location Tech & IoT

Revenue
$379M
Customers
-
Year founded
1995
Funding
$74.8M
Team size
879
Growth
275.16%
4
Black Lake Technologies

China

Provider of cloud-based technology for data-driven smart factories created to bring internet technology to traditional manufacturers. The company offers algorithm-driven and flexible configurable multi-platform real-time collaboration systems that lower the IT and data analytics threshold for self-innovative factories, enabling manufacturing enterprises to shorten standard manufacturing cycles by as much as 35% and increase efficiency by around 22%, while reducing manufacturing costs.

Revenue
$330M
Customers
2K
Year founded
2015
Funding
-
Team size
1.1K
Growth
-
5
TERMINUS Technology

Beijing, China

Terminus Technology develops enterprise-level software that allows e-commerce businesses in various industries to manage supply chain finance and offers smart city solutions utilizing AI and IoT technologies.

Revenue
$258M
Customers
-
Year founded
2015
Funding
$109.6M
Team size
1K
Growth
-
6
ambientdevices.com

Cambridge, Massachusetts, United States

Ambient Devices, Inc. is a privately held company founded in 2001 and based in Cambridge, Massachusetts, USA that designs and markets various ambient devices for display of information ranging from weather to traffic reports to stock quotes.

Revenue
$172.9M
Customers
-
Year founded
-
Funding
-
Team size
5
Growth
-
7
iBUS

Bangalore, Karnataka, India

iBUS is a digital infratech platform delivering seamless, end to end connectivity solutions across diverse industries. We bring together mobile, managed WiFi, and IoT solutions to empower enterprises to thrive in a connected world.

Revenue
$171M
Customers
-
Year founded
2010
Funding
-
Team size
364
Growth
-
8
G7 Networks

Beijing, China

G7 Networks is a fleet management service provider in China that offers IoT/AI services to over 800,000 vehicles, serving sectors within the logistics and transportation industry.

Revenue
$150M
Customers
-
Year founded
2016
Funding
$710M
Team size
1K
Growth
-
9
SmartMore

Shenzhen, China

SmartMore is a fast-growing high-tech company specialized in providing comprehensive products & solutions for smart manufacturing and digital innovation.

Revenue
$150M
Customers
-
Year founded
2019
Funding
$300M
Team size
1K
Growth
-
10
Scandit

Zurich, Switzerland

Developer of computer vision applications designed to reinvent how enterprises and consumers interact with everyday objects and augmented reality. The company's enterprise technology platform for mobile computer vision, barcode scanning and augmented reality, combines deep learning and machine learning with more traditional computer vision heuristics, and extends the Internet of Things to everyday objects, enabling enterprises to identify, track and superimpose relevant digital information on these objects without requiring them to have a computer chip embedded or be connected online.

Revenue
$119.1M
Customers
1K
Year founded
2009
Funding
$273.1M
Team size
364
Growth
239.96%

Inclusion Criteria

- The product must connect and manage IoT devices seamlessly. - It must provide data collection and real-time analytics capabilities. - The solution should support scalable architecture to handle varying levels of device connections and data flow. - Application development tools for customized solutions should be available within the platform. - It should include security features to protect data and devices from cyber threats. - Not just focused on data collection; must also facilitate actionable insights and user interaction.