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Top 5 Medical IoT Software Companies With $1M–$5M Revenue (September 2026)

As of September 2026, Latka tracks 5 medical IoT software companies with $1M–$5M in annual revenue. They have combined revenues of $11.2M and employ 81 people. They have raised $96.3K.

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
5
Revenue
$11.2M
Funding
$96.3K
Employees
81

Filters

Sorting: Highest -> Lowest

Filters

Top Medical IoT Software Companies With $1M–$5M Revenue

Showing 5 of 5 companies ranked by annual revenue.

1Untitled Kingdom logo
Untitled Kingdom

Kraków, Poland

Untitled Kingdom is a software and product development company with 12 years experience and 75+ delivered apps (e.g. Elvie Pump, Mystery Vibe, Elvie Trainer, SafeHub). We collaborate with our Partners to create digital health, FemTech and IoT products that positively impact people's lives. The software we create is aligned with FDA, HIPAA, ISO 13485 requirements. Our projects spark change and harmony in the world and align with our values of Quality, Transparency and Family. We take care of the whole product & software development process. No matter at what stage your product or service is, we will take it to the next level, beginning from a napkin idea or MVP. Services: - software development - product development - discovery workshops (strategy and product/market fit) - UX & UI design - rapid prototyping - due diligence

Revenue
$3.6M
Year founded
2008
Team size
14
2IRegained Inc. logo
IRegained Inc.

Sudbury, Ontario, Canada

MedTech, SaaS, Healthcare, IoMT

Revenue
$2.9M
Year founded
2016
Funding
$96.3K
Team size
18
3Galen Data logo
Galen Data

Houston, Texas, United States

Developer of a medical device connectivity platform designed to provide FDA compliant internet access for medical technologies. The company's software collects device-level data through secure web connections, enabling medical device manufactures to connect their devices within days and provide access to clinicians and patients.

Revenue
$1.7M
Year founded
2016
Team size
18
4Medicai logo
Medicai

Dover, Delaware, United States

Access, Manage and Share - Modular Infrastructure for Imaging Data. Medicai is building APIs and components for medical imaging data exchange at scale.

Revenue
$1.5M
Year founded
2018
Team size
14
5Ospitek Inc. logo
Ospitek Inc.

San Diego, California, United States

Ospitek is a company that specializes in IoT solutions. They provide enhanced patient charting using IoT and AI technologies. Ospitek is a leader in the IoT industry and offers a range of products and services to improve patient experience and healthcare systems. They are based in San Diego, CA.

Revenue
$1.5M
Year founded
2018
Team size
17

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

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

Latka tracks 5 medical IoT software companies with $1M–$5M in annual revenue. Together they generate $11.2M in annual revenue and employ 81 people.

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

Untitled Kingdom is the largest, with $3.6M in annual revenue, founded in 2008.

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

The average medical IoT software company in this list makes $2.2M a year, across 5 companies with reported revenue.

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

Ranked by annual revenue, the leaders are Untitled Kingdom, IRegained Inc., Galen Data, Medicai and Ospitek Inc..

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

The 5 medical IoT software companies with $1M–$5M in annual revenue tracked here have raised $96.3K 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.