Latka logo

Top 3 Retail IoT Software Companies With $5M–$10M Revenue (September 2026)

As of September 2026, Latka tracks 3 retail IoT software companies with $5M–$10M in annual revenue. They have combined revenues of $23.9M and employ 217 people.

Every company below sells retail 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 Retail IoT Software Companies do

Retail IoT Software encompasses solutions designed to manage, monitor, and optimize the use of Internet of Things (IoT) devices within the retail sector. These software products facilitate seamless communication and data transfer between connected devices, allowing retailers to enhance operations, improve customer experiences, and streamline supply chains. Retail IoT applications may include smart shelves, inventory management, supply chain tracking, and energy management systems, all of which rely on real-time data analysis.

Companies
3
Revenue
$23.9M
Funding
-
Employees
217

Filters

Sorting: Highest -> Lowest

Filters

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

Showing 3 of 3 companies ranked by annual revenue.

1Digit7 logo
Digit7

Richardson, Texas, United States

Digit7 is a Texas-based innovation company that builds advanced digital products with 32+ patents, helping retailers reimagine the customer experience. The primary focus of Digit7 is to accelerate innovation simplifying retail experience, enhancing operational efficiencies, and maximizing the return on investment. The endeavour is to solve key business challenges by deploying edge technologies with a focused mission of creating products specifically tailored to the retail industry.

Revenue
$8.1M
Year founded
2021
Team size
74
2Ailet Solutions logo
Ailet Solutions

Dover, Delaware, United States

Ailet is an innovative company. We provide services that increase Retail efficiency, using technologies of image recognition to companies in the sector of FMCG / Retail and Pharma. Our solutions allow to measure the condition of the merchandise display in the sales network and the competitive environment in real-time. Technologies – Computer vision, Image recognition, Big data analytics, Mobile Solutions – Digital merchandising, In-Store audit automation, Retail execution, OSA control, price and promotional monitoring. Image recognition speed – Online Image recognition accuracy – 95%+ Customers - CPG, Retailers and Pharma.

Revenue
$8M
Year founded
2016
Team size
73
3Genlyte Solutions – a Signify business logo
Genlyte Solutions – a Signify business

Bridgewater, New Jersey, United States

With a legacy of innovation, disruption, and lighting manufacturing in North America spanning over 120 years, Genlyte Solutions and its collection of cutting-edge indoor and outdoor luminaires, LED lamps, and connected lighting systems and controls brands are leading the transformation of lighting and sustainable values for the modern world. These brands include Lightolier, Day-Brite, Ledalite, Lumec, Hadco, Gardco, Stonco, Chloride and Alkco. Signify lighting controls and loT platform (Philips Dynalite. Interact and BrightSites), as well as the architectural lighting brand Color Kinetics and LED lamps and Electronics under the Philips and Advance brands. Genlyte Solutions is a business unit within Signify North America.

Revenue
$7.7M
Team size
70

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

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

Latka tracks 3 retail IoT software companies with $5M–$10M in annual revenue. Together they generate $23.9M in annual revenue and employ 217 people.

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

Digit7 is the largest, with $8.1M in annual revenue, founded in 2021.

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

The average retail IoT software company in this list makes $8M a year, across 3 companies with reported revenue.

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

Ranked by annual revenue, the leaders are Digit7, Ailet Solutions and Genlyte Solutions – a Signify business.

Related Commerce Software categories

Inclusion Criteria

- Must provide capabilities for connecting and managing IoT devices in retail environments - Should support real-time data analysis for inventory and supply chain management - Must include features for facilitating customer engagement through connected devices - Should enable monitoring and control of in-store environments for better energy efficiency - Must offer integration capabilities with existing retail management systems - Not just focused on hardware; must also feature comprehensive software solutions for data processing and analytics - Should provide security measures to protect sensitive data transmitted from devices