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Top 2 Retail IoT Software Companies Under $1M Revenue (September 2026)

As of September 2026, Latka tracks 2 retail IoT software companies under $1M in annual revenue. They have combined revenues of $1.4M and employ 13 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
2
Revenue
$1.4M
Funding
-
Employees
13

Filters

Sorting: Highest -> Lowest

Filters

Top Retail IoT Software Companies Under $1M Revenue

Showing 2 of 2 companies ranked by annual revenue.

1Coffee Cloud logo
Coffee Cloud

London, Greater London, United Kingdom

Coffee Cloud Data Analytics IoT is a full-stack solution to digitize the professional coffee industry. Coffee Cloud software helps coffee producers/suppliers, machine producers/providers, cafe's, restaurants and chains to understand how their coffee machines are being used, giving them precise analytics data to ensure coffee quality and profitability.

Revenue
$880K
Year founded
2015
Team size
8
Growth
15.99%
2OpSense logo
OpSense

Destin, Florida, United States

OpSense provides automated refrigeration monitoring, delivering actionable intelligence and significant savings in perishable inventory, labor cost, compliance, and equipment maintenance. The OpSense dashboard reveals on a single pane the status of your operation including highlighting locations with critical or warning events. OpSense reports provide an in-depth view of individual devices, event summaries, the ability to compare devices across locations, and the ability to download data for further analysis and smarter decision-making. Real-time alerts identify problems before they become costly. Each piece of equipment can be set up with specific parameters for data collection, alerts, and actions. Notifications are sent via text, email, or phone when conditions require attention or action to prevent product loss or equipment failure. OpSense is turnkey to get you up and running quickly. Most locations achieve ROI within months. Schedule a demo: https://www.opsense.com/schedule-demo/

Revenue
$550K
Year founded
2017
Team size
5

Frequently asked questions about Retail IoT Software Companies Under $1M Revenue

How many retail IoT software companies under $1M in annual revenue are there?

Latka tracks 2 retail IoT software companies under $1M in annual revenue. Together they generate $1.4M in annual revenue and employ 13 people.

Which retail IoT software company under $1M in annual revenue is the largest?

Coffee Cloud is the largest, with $880K in annual revenue, founded in 2015.

How much revenue does a typical retail IoT software company under $1M in annual revenue make?

The average retail IoT software company in this list makes $715K a year, across 2 companies with reported revenue.

Who are the leading Retail IoT software vendors under $1M in annual revenue?

Ranked by annual revenue, the leaders are Coffee Cloud and OpSense.

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