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Top 12 Retail IoT Software SaaS Companies in May 2026

As of May 2026, there are 12 SaaS companies in Retail IoT Software. They have combined revenues of $223.7M and employ 2.1K people. They have raised $878.1M and serve 300 customers combined.

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
12
Revenue
$223.7M
Funding
$878.1M
Employees
2.1K

Filters

Sorting: Highest -> Lowest

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Top Retail IoT Software Companies

Showing 10 of 4 companies ranked by annual revenue.

1
MODE

San Mateo, California, United States

Provider of a cloud-based service platform designed to serve Internet of Things (IoT) companies. The company's service platform connects web and mobile applications with hardware devices in real time, enabling mobile clients and application servers to access a back-end infrastructure for the development of IoT products.

Revenue
$3.6M
Customers
-
Year founded
2014
Funding
$11.1M
Team size
54
Growth
29.91%
2
Rayven

Sydney, New South Wales, Australia

Rayven is an easy-to-use SaaS platform for solving business' interoperability, real-time data + app development challenges without replacing legacy technologies, adding risk, or long development cycles. iPaaS, Data, IoT, Workflow Automation, Analytics, BI, AI, App Development + PaaS all rolled into one; Rayven simplifies the complexity of system integration, real-time data analysis + custom app development - empowering you to tackle any real-world business challenge and solve it, simply. Easy-to-use, universally compatible + infinitely scalable; Rayven streamlines your technology stack, is affordable for every business, and turbocharges your existing technologies to deliver on the full potential of real-time decision-making (via human or AI).

Revenue
$3M
Customers
-
Year founded
2016
Funding
-
Team size
27
Growth
-
3
KABOB | AIoT and Retail SaaS

Ontario, California, United States

🔵 One Store, One System. Empowering Store Management Beyond Expectations. Founded in 2016, KABOB CLOUD is an all-in-one SaaS platform built for food, retail, and chain businesses. By integrating transactions, automation, and media modules, we deliver AI-powered management upgrades to help stores adopt standardized and scalable smart systems for digital transformation. 🌐 Global Presence: Los Angeles, New York, Vancouver, Tokyo ,Taipei, Shanghai, Singapore 📊 Track Record: Serving 600+ chain brands, covering 50,000+ stores, deploying 180,000+ devices 🏪 Key Clients: L’Oréal | SEPHORA | McDonald’s | Tomod’s | IKEA | 85°C | Burger King | Häagen-Dazs | Gogoro | Sushiro 📦 Apps Include YAKI POS|Multi-platform POS solution Lookr|Digital signage management Voicer|In-store voice & background music scheduling AI Drive-Thru|Smart voice ordering and order confirmation Tico / Tabble / Kiosk|Queueing, reservation & self-guided systems Datar / Vortex / Facer|Data integration, video analytics & foot traffic monitoring ADventure / Connector|Retail media advertising & screen monetization 🧠 We’re Looking For → Brands & store owners pursuing smart store transformation → Partners with channel access and system integration capabilities → Passionate PMs, engineers, designers, and ops talents in AI & retail tech 📩 Connect with us on LinkedIn 👉 Learn more: www.kabob.io

Revenue
$2.8M
Customers
300
Year founded
2016
Funding
$2M
Team size
25
Growth
-
4
buybuddy

London, United Kingdom

Buy Buddy is a revolutionary IoT solution transforming the retail industry. We offer cutting-edge smart tags that provide real-time insights into physical customer engagements within brick-and-mortar stores. As the #1 platform in this space, Buy Buddy is uniquely positioned to optimize conversions by unlocking a new level of understanding of consumer behavior. Our technology captures and analyzes data from customers' natural interactions with products, such as when a customer picks up an item, walks with it, or spends time examining it. These metrics inform strategies to enhance the shopping experience and drive conversion. Buy Buddy's solution bridges the gap between online and offline retail, enabling a seamless, personalized, and highly engaging shopping experience that maximizes marketing ROI. Join us in redefining retail and driving your business growth with smart data!

Revenue
$1.5M
Customers
-
Year founded
2018
Funding
-
Team size
14
Growth
-

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