- Revenue
- $96.1M
- Customers
- 170
- Year founded
- 2015
- Funding
- $747.4M
- Team size
- 440
Top 50 IoT Platforms Companies With $10M–$100M Revenue (October 2026)
As of October 2026, Latka tracks 107 IoT platforms companies with $10M–$100M in annual revenue. They have combined revenues of $2.8B and employ 18.5K people. They have raised $3.6B and serve 121.8M 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
- 107
- Revenue
- $2.8B
- Funding
- $3.6B
- Employees
- 18.5K
Filters
Sorting: Highest -> Lowest
Top IoT Platforms Companies With $10M–$100M Revenue
Showing 10 of 107 companies ranked by annual revenue.
2
Mapbox
Washington, District of Columbia, United States
Mapbox is the leading real-time location platform for a new generation of location-aware businesses. Mapbox is the only platform that equips organizations with the full set of tools to power the navigation of people, packages, and vehicles everywhere. More than 3.5 million registered developers have chosen Mapbox because of the platform’s flexibility, security and privacy compliance. Organizations use Mapbox applications, data, SDKs and APIs to create customized and immersive experiences that delight their customers.
- Revenue
- $93M
- Year founded
- 2011
- Funding
- $573.6M
- Team size
- 845
3
osapiens
Mannheim, Baden-Württemberg, Germany
Osapiens provides an ESG platform and Software-as-a-Service solutions for companies, driving digital transformation through supply chain management and IoT solutions.
- Revenue
- $90M
- Team size
- 504
4
Armada
San Francisco, California, United States
Armada specializes in solving complex challenges for industries operating in remote locations. By integrating connectivity, advanced compute, and real-world AI, we are pioneering edge computing and AI solutions that stand to change industries across the globe.
- Revenue
- $83.2M
- Year founded
- 2022
- Team size
- 368
5
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
- Team size
- 735
6
FlashParking
Austin, Texas, United States
drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations—connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress. The solution has arrived.
- Revenue
- $77.3M
- Year founded
- 2011
- Funding
- $100M
- Team size
- 703
7
Haber
Pune, Maharashtra, India
Haber is an AI-driven automation platform designed to optimize processes and utility management, integrating data collected through sensors to improve plant efficiency and output.
- Revenue
- $73.4M
- Year founded
- 2017
- Team size
- 223
8
Nozomi Networks
San Francisco, California, United States
Nozomi Networks is the leader in OT & IoT security for critical infrastructure. Their platform uniquely combines network and endpoint visibility.
- Revenue
- $63.5M
- Year founded
- 2013
- Team size
- 369
9
Backhouse
St. Cloud, Minnesota, United States
Backhouse specializes in residential project development with land acquisition, housebuilding, and construction services. They also provide smart living solutions with an IoT ecosystem to simplify people's homes.
- Revenue
- $60.9M
- Year founded
- 2020
- Team size
- 3
10
Spireon
Irvine, California, United States
Provider of GPS tracking software to the North American automotive finance industry. The company provides risk mitigation products including GPS tracking and payment protection systems that enable businesses and consumers with powerful insights to track, manage and protect their most valuable mobile assets.
- Revenue
- $58.7M
- Customers
- 4M
- Year founded
- 2003
- Funding
- $7.7M
- Team size
- 379
Frequently asked questions about IoT Platforms Companies With $10M–$100M Revenue
How many IoT platforms companies with $10M–$100M in annual revenue are there?
Latka tracks 107 IoT platforms companies with $10M–$100M in annual revenue. Together they generate $2.8B in annual revenue and employ 18.5K people.
Which IoT platforms company with $10M–$100M in annual revenue is the largest?
Plume Design is the largest, with $96.1M in annual revenue, founded in 2015.
How much revenue does a typical IoT platforms company with $10M–$100M in annual revenue make?
The average IoT platforms company in this list makes $26.4M a year, across 107 companies with reported revenue. They serve 121.8M customers combined.
Who are the leading IoT platforms vendors with $10M–$100M in annual revenue?
Ranked by annual revenue, the leaders are Plume Design, Mapbox, osapiens, Armada and SQUAD.
How much funding have IoT platforms companies with $10M–$100M in annual revenue raised?
The 107 IoT platforms companies with $10M–$100M in annual revenue tracked here have raised $3.6B 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.