Latka logo

Top 50 IoT Platforms Companies With $1M–$5M Revenue (October 2026)

As of October 2026, Latka tracks 241 IoT platforms companies with $1M–$5M in annual revenue. They have combined revenues of $577.8M and employ 6.2K people. They have raised $578.6M and serve 28.2M customers combined.

Every company below sells IoT 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 Platforms Companies do

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
241
Revenue
$577.8M
Funding
$578.6M
Employees
6.2K

Filters

Sorting: Highest -> Lowest

Filters

Top IoT Platforms Companies With $1M–$5M Revenue

Showing 10 of 241 companies ranked by annual revenue.

1i4B logo
i4B

Koszalin, zachodnio-pomorskie, Poland

i4B builds the digital systems that power modern mobility. Since 2005, we’ve been solving complex challenges in the automotive world — starting with auto parts e-commerce and platform integrations, and evolving into tailored, reliable software for today’s eMobility leaders. From seamless roaming integrations to intuitive payment solutions and charger firmware, we simplify what others complicate. Trusted by mobility leaders across Europe, we design systems that work, scale, and last. 𝗶𝟰𝗕. 𝗕𝘂𝗶𝗹𝘁 𝗳𝗼𝗿 𝗺𝗼𝗯𝗶𝗹𝗶𝘁𝘆. 𝗘𝗻𝗴𝗶𝗻𝗲𝗲𝗿𝗲𝗱 𝘁𝗼 𝗹𝗲𝗮𝗱.

Revenue
$5M
Year founded
1996
Team size
45
2Sensolus logo
Sensolus

United States

Industrial companies typically have hundreds or thousands of valuable assets such as containers, trailers, boxes, equipment, or dollies. Often, you have very little data on these non-powered assets: where they are, how they are used, or even how they can be utilized better. That’s where Sensolus comes in. Connecting these assets to the internet enables you to know where specific assets are, detect issues in your processes and ensure full visibility when working with contractors or customers. You access the collected data on our powerful analytical platform, which is ready to use from day 1. The battery-powered trackers are easy to install and will work anywhere for five years. They don't require any infrastructure and you can easily scale from small proof of value to a full-sized project. Would you like to follow in the footsteps of Distrilog, Airbus, Suez, and Huurland? Find out more at sensolus.com.

Revenue
$5M
Year founded
2013
Team size
45
3Radix IoT logo
Radix IoT

Dallas, Texas, United States

Radix IoT empowers companies worldwide with the real-time visibility and data insights needed to manage their operations more effectively. Our powerful Mango solution seamlessly unifies data across disparate systems and locations into one holistic platform. As a result, our customers – including data centers, energy and telecom providers, property managers, and more – are enabled to proactively manage their operations, and better protect their bottom line.

Revenue
$4.8M
Year founded
2020
Team size
44
4VivoAquatics logo
VivoAquatics

Las Vegas, Nevada, United States

VivoAquatics helps the world's leading brands and properties maintain safe and sustainable water through a smart IoT technology platform (VivoPoint), expert personnel and related professional services (i.e., assessments, procurement, etc.). Today’s facility managers face critical challenges in the management of water. Legal risks due to unsafe water quality conditions and structural leaks. Increased compliance requirements. Water and energy costs that continue to increase. Guests that demand brands support sustainability goals while also providing wonderful amenities and overall satisfaction. From ensuring a property’s pools and spas meet hotel guest standards to providing the feed and monitoring platform for a property’s cooling tower to deploying portfolio wide sub-metering and leak detection, VivoAquatics provides the equipment, software and insights to help properties manage water better and more cost effectively. Global partners include Marriott International (Marriott, Courtyard, Ritz Carlton, St. Regis, Westin, Sheraton), MGM Resorts International (Aria, Bellagio, Vdara), Wet'n'Wild Waterparks, The Irvine Company, and other industry leaders in hospitality fitness and facilities management.

Revenue
$4.8M
Team size
44
5NetObjex logo
NetObjex

Mumbai, Maharashtra, India

Developer of smart city infrastructure platform designed to bridge the gap of connecting the physical world to the virtual world. The company's technologies enable the development of solutions that collect and gather valuable data in real time, providing enterprises with tracking of assets, tracing of ingredients and better system performance.

Revenue
$4.8M
Customers
20M
Year founded
2015
Funding
$3.6M
Team size
74
6BioT logo
BioT

Mattapoisett, Massachusetts, United States

BioT is the infrastructure for medical device clouds - the secure, simple, and smart foundation for delivering next-generation care. With native, medical-grade security and compliance, BioT ensures medical data stays safe and private from day one. Its flexible developer studio makes adding new services and capabilities quick and easy. And connecting your cloud to EHRs, 3rd party algorithms, or any external system comes naturally. With BioT, you have the infrastructure needed to build your cloud right and provide more impactful care from the start.

Revenue
$4.6M
Year founded
2018
Team size
42
7Quatenus logo
Quatenus

Alfragide, Amadora, Portugal

Quatenus, that in Latin language means "where is?", is dedicated to the creation, development and commercialization of specialized products in the monitoring, control and real time localization area, based on geo-referenced information applied to all types of assets, either fixed or mobile. Turning our service available via a SAAS (Software as a service), we simplify and accelerate our products implementation rate, through an "all included" business model - Hardware, Set-Up, Software, Communications and Support. Therefore, we empower our clients and partners to fully control and manage their most valuable assets, like vehicles, machines, teams, people or things. Headquartered in Lisbon, we foster Innovation and Internationalisation applied in a proximity based culture, from Portugal to the World (locally represented in +10 countries along 4 continents).

Revenue
$4.6M
Year founded
2010
Team size
30
8Wyebot logo
Wyebot

Marlborough, Massachusetts, United States

Developer of cloud-based mobile solutions intended to offer optimization and analytics services for wireless ecosystems. The company's solutions are based on machine learning, internet of things, carrier grade WiFi and fog-computing technologies, enabling businesses to install 11.2B IoT devices, 4.5M Bluetooth low energy and WiFi that will carry up to 60% of mobile data traffic to increase the cost of delivery through end-to-end critical wireless networks.

Revenue
$4.5M
Year founded
2016
Funding
$8M
Team size
64
9FieldSense A/S logo
FieldSense A/S

Aarhus N, Midtjylland, Denmark

FieldSense A/S is a small growing company developing digital solutions for farmers and agriculturally interested persons and companies. Our chief platform, FieldSense, is an application for web and mobile devices that allows farmers and agronomists to monitor crop health and create variable-rate application maps using satellite images. To compliment the FieldSense-platform we have developed our very own weather stations that provide frequent and precise local weather data. With FieldSense and our weather stations, farmers and agronomists become equipped to make well-informed decisions about tackling crop health issues as well as optimizing yield. The satellite images and weather data are stored historically, allowing the user to review and compare past seasons. Whether you're a farmer or an agronomist, we can offer you the following with FieldSense: + Automatic and early detection of crop health issues. + A complete and frequent overview of all your fields using satellite images

Revenue
$4.5M
Customers
1K
Year founded
2014
Team size
33
10Emulate Energy logo
Emulate Energy

Lund, Skåne, Sweden

Emulate Energy, emerging from Sweden's forefront of the energy transition, is committed to expediting the global shift to sustainable power. It specializes in residential smart heating and charging optimization solutions and offers a white-label SaaS platform designed for mid-sized electricity utilities, allowing them to provide behind-the-meter services.

Revenue
$4.5M
Year founded
2020
Team size
42

Frequently asked questions about IoT Platforms Companies With $1M–$5M Revenue

How many IoT platforms companies with $1M–$5M in annual revenue are there?

Latka tracks 241 IoT platforms companies with $1M–$5M in annual revenue. Together they generate $577.8M in annual revenue and employ 6.2K people.

Which IoT platforms company with $1M–$5M in annual revenue is the largest?

i4B is the largest, with $5M in annual revenue, founded in 1996.

How much revenue does a typical IoT platforms company with $1M–$5M in annual revenue make?

The average IoT platforms company in this list makes $2.4M a year, across 241 companies with reported revenue. They serve 28.2M customers combined.

Who are the leading IoT platforms vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are i4B, Sensolus, Radix IoT, VivoAquatics and NetObjex.

How much funding have IoT platforms companies with $1M–$5M in annual revenue raised?

The 241 IoT platforms companies with $1M–$5M in annual revenue tracked here have raised $578.6M in disclosed funding between them.

Related IoT Management Platforms categories

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.