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Top 6 Medical IoT Software Companies With $5M–$10M Revenue (September 2026)

As of September 2026, Latka tracks 6 medical IoT software companies with $5M–$10M in annual revenue. They have combined revenues of $38M and employ 339 people. They have raised $405.2M and serve 100 customers combined.

Every company below sells medical IoT software 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 Medical IoT Software Companies do

Medical IoT Software refers to a category of solutions that leverage Internet of Things (IoT) technologies to monitor, manage, and improve healthcare services. These software applications are used in various scenarios, primarily including remote patient monitoring, telemedicine, and asset tracking within healthcare facilities. They facilitate the collection and transmission of patients' health data via connected devices, enabling healthcare providers to deliver timely care and interventions. Typical features of Medical IoT Software may include real-time data analytics, alerts and notifications for abnormal health metrics, and comprehensive dashboards for healthcare professionals. Such software empowers patient engagement by allowing individuals to actively monitor their health conditions through wearables or mobile applications. Common buyer personas for these solutions include healthcare providers, IT managers in healthcare institutions, and operations managers focused on enhancing patient care and optimizing resource usage.

Companies
6
Revenue
$38M
Funding
$405.2M
Employees
339

Filters

Sorting: Highest -> Lowest

Filters

Top Medical IoT Software Companies With $5M–$10M Revenue

Showing 6 of 6 companies ranked by annual revenue.

1Movemedical logo
Movemedical

San Diego, California, United States

Operator of an advanced cloud-based platform that is designed to provide fully compliant inventory solutions for medical organizations. The company offers solutions that use intelligent field automation and helps multiple medical device companies, hospitals, surgeons, distributors, and logistics providers to unify the entire surgery case management and device supply chain process.

Revenue
$8.4M
Year founded
2019
Team size
64
2Seer Medical logo
Seer Medical

Melbourne, Victoria, Australia

Developer of a wearable device and cloud computing technology designed to deliver hospital standard epilepsy monitoring and diagnosis in the home. The company's application monitors epilepsy, cardiac disease, sleep and other conditions and records medical events via mobile device or using any connected Bluetooth itag button and can also review event times graphically to detect long-term patterns in user'sillness, enabling Australians to live a better and healthier life.

Revenue
$7M
Year founded
2017
Team size
137
3HACARUS logo
HACARUS

Kyoto, Kyoto, Japan

Developer of health care technology designed for medical equipment or research and manufacturing or industrial optimization and defect detection. The company's technology offers SaaS and embedded solutions for these areas, small data and cutting-edge techniques involving sparse modeling to drive its AI technologies as opposed to the saturated big data and deep learning space, enabling users to apply sparse modeling methodology to machine learning.

Revenue
$6.3M
Customers
100
Year founded
2014
Funding
$405.2M
Team size
42
4Deep Breathe logo
Deep Breathe

London, Ontario, Canada

Deep Breathe has emerged as a pioneering force in the realm of AI technology dedicated to lung diagnostics and imaging. The company combines lung ultrasound with advanced AI techniques to deliver portable, accurate and autonomous lung diagnostics.

Revenue
$6.2M
Year founded
2021
Team size
31
5AISAP logo
AISAP

Ramat Gan, Israel

AISAP LTD is a pioneering company at the intersection of artificial intelligence and healthcare with a mission to transform healthcare delivery through AI-powered ultrasound technology, facilitating immediate diagnostics at the point of care.

Revenue
$5.1M
Year founded
2021
Team size
26
6Mediwhale logo
Mediwhale

Seoul, South Korea

Mediwhale is an AI-empowered health diagnostics company that uses non-invasive retina scans to help prevent heart and kidney diseases. They develop AI medical devices that analyze retinal images to predict cardiovascular, kidney, and eye disease risks early.

Revenue
$5M
Year founded
2016
Team size
39

Frequently asked questions about Medical IoT Software Companies With $5M–$10M Revenue

How many medical IoT software companies with $5M–$10M in annual revenue are there?

Latka tracks 6 medical IoT software companies with $5M–$10M in annual revenue. Together they generate $38M in annual revenue and employ 339 people.

Which medical IoT software company with $5M–$10M in annual revenue is the largest?

Movemedical is the largest, with $8.4M in annual revenue, founded in 2019.

How much revenue does a typical medical IoT software company with $5M–$10M in annual revenue make?

The average medical IoT software company in this list makes $6.3M a year, across 6 companies with reported revenue. They serve 100 customers combined.

Who are the leading Medical IoT software vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are Movemedical, Seer Medical, HACARUS, Deep Breathe and AISAP.

How much funding have medical IoT software companies with $5M–$10M in annual revenue raised?

The 6 medical IoT software companies with $5M–$10M in annual revenue tracked here have raised $405.2M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- The product must enable remote monitoring of patient health data through connected devices. - It should include data analytics features to interpret and act on collected health metrics. - The software must support secure data transmission and storage to comply with healthcare regulations. - It should provide tools for integration with existing healthcare systems and electronic health records (EHRs). - Not just a simple data collection tool; must also provide insights and alerts for healthcare professionals.