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Top 3 Retail IoT Software Companies With $10M–$100M Revenue (September 2026)

As of September 2026, Latka tracks 3 retail IoT software companies with $10M–$100M in annual revenue. They have combined revenues of $187.6M and employ 1.7K people. They have raised $865M.

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
$187.6M
Funding
$865M
Employees
1.7K

Filters

Sorting: Highest -> Lowest

Filters

Top Retail IoT Software Companies With $10M–$100M Revenue

Showing 3 of 3 companies ranked by annual revenue.

1MTI - Mobile Technologies Inc. logo
MTI - Mobile Technologies Inc.

Hillsboro, Oregon, United States

MTI is a technology innovator working to enhance customer interactions with major brands across the globe. ​ Our hardware and software solutions enhance customer sales and service, improve security and business operations, and build employee satisfaction.  MTI Global Services offers targeted insights, support, and service for customers using Field Services teams and Business Intelligence.

Revenue
$93.3M
Year founded
1977
Team size
848
2Trax Retail logo
Trax Retail

Boston, Massachusetts, United States

Powered by leading technology and proprietary data, Trax connects brands, retailers, and shoppers, setting the standard for retail excellence. Trax's AI-powered platform uniquely combines solutions that provide unparalleled data-driven signals to leading global CPGs and retailers to deliver real-time data, retail execution, and consumer engagement to increase ROI. 30 of the world's top 50 CPG companies, along with leading retailers and emerging brands, use Trax's shelf monitoring, analytics, merchandising, activation, and shopper engagement solutions at scale to drive positive shopper experiences and unlock revenue opportunities at all points of sale. Trax is a global company with hubs in the United States, Singapore, France, Hungary, China, Mexico, Japan, Brazil, and Israel, serving customers in more than 80 countries worldwide. To learn more, visit traxretail.com..

Revenue
$79.8M
Year founded
2010
Funding
$865M
Team size
725
3Decklar logo
Decklar

Santa Clara, California, United States

Decklar pioneers Real-Time Decisions AI with Unified Visibility, reshaping the supply chains of Global 2000s to be transparent, automated, and sustainable. Within weeks, these enterprises transform key processes like replenishment, goods receipt, revenue forecasting, quality release, security, and asset management into dynamic, risk-informed operations. Despite over $25B spent globally on planning, TMS, and visibility tools, supply chains still stall: 60% of shipments arrive late, disrupting inventory plans; 17% face quality issues; and 76% of reusable assets go underutilized. Planning/TMS tools remain Systems of Record, relying on static or manual data. Visibility tools lack business context. Decklar closes this gap. Built on 10+ years self-enriching supply chain visibility data, the Decklar’s AI-native platform fuses real-time shipment and asset signals with Decision Intelligence — delivering precise execution and planning recommendations for Supply Chain, Logistics, Quality, Security, Operations, and Finance — functioning as a System of Action. Decklar’s Real-Time Decisions AI now powers over 90% of global MRO flows, 42% of U.S. pharmaceutical shipments, and about a quarter of global CPG shipments — measurably boosting top and bottom lines. Learn more at https://www.decklar.com

Revenue
$14.5M
Year founded
2014
Team size
132

Frequently asked questions about Retail IoT Software Companies With $10M–$100M Revenue

How many retail IoT software companies with $10M–$100M in annual revenue are there?

Latka tracks 3 retail IoT software companies with $10M–$100M in annual revenue. Together they generate $187.6M in annual revenue and employ 1.7K people.

Which retail IoT software company with $10M–$100M in annual revenue is the largest?

MTI - Mobile Technologies Inc. is the largest, with $93.3M in annual revenue, founded in 1977.

How much revenue does a typical retail IoT software company with $10M–$100M in annual revenue make?

The average retail IoT software company in this list makes $62.5M a year, across 3 companies with reported revenue.

Who are the leading Retail IoT software vendors with $10M–$100M in annual revenue?

Ranked by annual revenue, the leaders are MTI - Mobile Technologies Inc., Trax Retail and Decklar.

How much funding have retail IoT software companies with $10M–$100M in annual revenue raised?

The 3 retail IoT software companies with $10M–$100M in annual revenue tracked here have raised $865M in disclosed funding between them.

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