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Top 100 Internet of Things Startups to Watch in 2026

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The IoT sector is rapidly growing, with companies creating connected devices for consumer, industrial, and security uses.

This list features heavily funded companies like cybersecurity firm Armis, which has raised $837M, and consumer health tracker Oura, with $598.3M in funding.

Below is our list of 100 Internet of Things startups worth keeping an eye on.

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Oura designs and develops a smart ring that tracks sleep, activity, and other key health metrics. The wearable provides personalized insights to help users understand their body's readiness and improve their overall well-being.

HeadquartersOulu, Oulu, Finland
Year Founded2013
FoundersMarkku Koskela, Petteri Lahtela
Funding Amount$598.3M
Startup SizeLarge Team (251-1,000)
Last Funding StatusDebt Financing
Top InvestorsAndreessen Horowitz, Temasek Holdings, Citi, Alumni Ventures, Forerunner

Nozomi Networks offers a cybersecurity platform that protects operational technology, Internet of Things, and cyber‑physical systems. Their technology provides deep network visibility and threat detection, helping industrial enterprises secure critical infrastructure and minimize operational risks.

HeadquartersSan Francisco, California, United States
Year Founded2013
FoundersAndrea Carcano, Moreno Carullo
Funding Amount$266M
Startup SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsCDP Venture Capital, Lux Capital, Partners Group, Schneider Electric, Activate Capital Partners

Morse Micro builds Wi-Fi HaLow chips, a new wireless standard designed for the unique demands of the Internet of Things. Their silicon provides secure, low-power, and long-range connectivity that extends far beyond the reach of traditional Wi-Fi.

HeadquartersSurry Hills, New South Wales, Australia
Year Founded2016
FoundersAndrew Terry, Michael De Nil
Funding Amount$205.8M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsBlackbird Ventures, Main Sequence Ventures, Startmate, CSIRO, Clean Energy Finance Corporation

Claroty builds a cybersecurity platform designed to protect the cyber-physical systems that run the world's critical infrastructure. Their technology offers visibility and protection for industrial, healthcare, and commercial networks against emerging threats.

HeadquartersNew York, New York, United States
Year Founded2015
FoundersAmir Zilberstein, Benny Porat, Galina Antova
Funding Amount$740M
Startup SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsTemasek Holdings, Bessemer Venture Partners, Team8, Siemens, Schneider Electric

Hubble Network created a satellite-based network that gives any standard Bluetooth device a direct connection, regardless of cellular reception. Their system offers global coverage for IoT and other connected hardware, opening up connectivity in the world's most remote locations.

HeadquartersLas Vegas, Nevada, United States
Year Founded2021
FoundersAlex Haro, Ben Wild, John Kim, Josh Barnes
Funding Amount$90.5M
Startup SizeLean Team (11-50)
Last Funding StatusSeries B
Top InvestorsY Combinator, Pioneer Fund, Seraphim Space, Yes VC, MassChallenge

Armis provides a cyber exposure management platform that helps organizations see and secure their entire attack surface. The agentless platform is designed to discover every asset in an environment, from IT and cloud to IoT devices, and protect them from threats in real time.

HeadquartersSan Francisco, California, United States
Year Founded2015
FoundersNadir Izrael, Tomer Schwartz, Yevgeny Dibrov
Funding Amount$837M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSecondary Market
Top InvestorsGeneral Catalyst, Insight Partners, Sequoia Capital, Bain Capital Ventures, Brookfield Asset Management

DroneDeploy builds a reality capture platform that helps industries like construction, energy, and agriculture digitize their job sites. Their software uses AI to process data from drones and ground robots, creating interactive maps and 3D models for analysis and progress tracking.

HeadquartersSan Francisco, California, United States
Year Founded2013
FoundersJono Millin, Michael Winn, Nicholas Pilkington
Funding Amount$157.6M
Startup SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsBessemer Venture Partners, Emergence Capital, Uncork Capital, Airtree Ventures, Redpoint

Skylo operates a global service that connects smartphones and IoT devices directly to satellites. Their non-terrestrial network provides reliable connectivity for users and machines in areas without traditional cellular coverage.

HeadquartersMountain View, California, United States
Year Founded2017
FoundersAndrew Kalman, Andrew Nuttall, Parthsarathi Trivedi, Tarun Gupta
Funding Amount$183M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsNGP Capital, The Westly Group, Intel Capital, SoftBank, Seraphim Space

Sight Machine builds a data platform that helps manufacturers analyze and improve their operations using AI. Their technology transforms complex factory data into insights for enhancing quality and productivity.

HeadquartersSan Francisco, California, United States
Year Founded2012
FoundersAdam Taisch, Anthony Oliver, Jon Sobel, Kurt DeMaagd, Nathan Oostendorp
Funding Amount$80.4M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsMomenta, NVentures, E.ON, Mercury, FundersClub

Span develops smart home electrical panels designed to help homeowners transition to clean energy. Their products offer advanced controls for home energy use, integrating seamlessly with solar power, battery storage, and electric vehicle charging.

HeadquartersSan Francisco, California, United States
Year Founded2018
FoundersArch Rao
Funding Amount$229.8M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsWellington Management, Elemental Impact, Amazon Alexa Fund, Fifth Wall, HCVC

90 Additional Internet of Things Startups Worth Following

Those top ten companies are just the tip of the iceberg. Founders are busy building in fields like AI, hardware, and security, and together they've raised billions of dollars.

Some of these startups are brand new, while others are already scaling up fast. Here’s a look at the rest of the companies shaping this exciting field.

StartupMain IndustryYear FoundedAmount RaisedLast Funding Round
SingAuto logo SingAutoEnergy2023$95MVenture Round
Nofence logo NofenceAgTech2011$56.3MSeries B
Tractian logo TractianAI2019$185.6MSeries C
Infinitum logo InfinitumMobility2016$457.7MGrant
Blues logo BluesCloud2018$98MVenture Round
OneLayer logo OneLayerFintech2021$14.7MSeed
OpenLight logo OpenLightHardware2022$37.5MSeries A
Wiliot logo WiliotHardware2017$269MSeries C
Bevi logo BeviFood2013$130.3MSeries D
Litmus Automation logo Litmus AutomationAI2013$40.7MSeries B
Fleak logo FleakAI2024$5MSeed
Tive logo TiveEnterprise2015$121.9MSeries C
Shipsy logo ShipsyData2015$31.6MSeries B
Univers logo UniversEnergy2017$210MVenture Round
eero logo eeroHardware2014$92MSeries D
EasyDMARC logo EasyDMARCSecurity2018$22.3MSeries A
Mira logo MiraAI2015$4.3MVenture Round
Lynk Global logo Lynk GlobalHardware2017$106MSeries B
Xage Security logo Xage SecurityCrypto2017$81.2MSeries B
Seeq logo SeeqAnalytics2012$165.2MSeries D
Phosphorus Cybersecurity logo Phosphorus CybersecuritySaaS2017$70MVenture Round
DoiT logo DoiTAnalytics2011$100MSeries A
Particle logo ParticleHardware2012$106.5MSeries C
Keyo logo KeyoSecurity2015$7.1MSeed
Fleet Space Technologies logo Fleet Space TechnologiesHardware2015$170.1MSeries D
Infobip logo InfobipEnterprise2006$1.3BDebt Financing
Splashtop logo SplashtopEnterprise2006$114MSeries E
Aqara logo AqaraMarketplace2009$271.8MSeries C
BinSentry logo BinSentryAgTech2017$79.7MSeries C
Artisight logo ArtisightHealthcare2017$57MSeries B
MoBagel logo MoBagelAI2015$30.5MUndisclosed
Iterate.ai logo Iterate.aiAI2013$10.7MVenture Round
Starlink logo StarlinkMedia2018
Flume logo FlumeHardware2020$8.7MSeed
DEEPX logo DEEPXAI2018₩134.5BSeries C
Vantiq logo VantiqCloud2014$45.6MVenture Round
VERSATILE logo VERSATILEAI2016$108.5MSeries B
Aavia logo AaviaMedia2017$6.9MSeed
Sense logo SenseHardware2013$174.6MSeries C
I-care Group logo I-care GroupAI2004$64.4MSeries C
Edgecortix logo EdgecortixAI2019$61.5MSeries B
Xona Systems logo Xona SystemsSecurity2017$27.2MVenture Round
floLIVE logo floLIVEHardware2016$88.2MSeries C
PubNub logo PubNubMedia2010$134.1MSeries E
Hivello logo HivelloHardware2022$2.6MSeed
Bloq.it logo Bloq.itRetail2019$29.5MSeries B
Gabriel logo GabrielAI2020$32MVenture Round
BrightAI logo BrightAIAI2020$66MSeries A
Spot AI logo Spot AIAI2018$93MSeries B
Showrunner logo ShowrunnerMedia1990$9.8MSeed
Exein logo ExeinSecurity2018$93MSeries C
Kontakt.io logo Kontakt.ioAI2013$68.8MSeries C
Boldr logo BoldrEnergy2022$7.7MSeed
Fracttal logo FracttalEnterprise2014$17.4MSeries B
Pragmatic Semiconductor logo Pragmatic SemiconductorHardware2010$389.3MSeries D
SEALCOIN logo SEALCOINCrypto2024$50MInitial Coin Offering
TXOne Networks logo TXOne NetworksSecurity2019$144.9MSeries B
Prophesee logo PropheseeAI2014$105MSeries C
emnify logo emnifyCloud2014$79.9MSeries B
Yeelight logo YeelightHardware2012$75.1MSeries E
Kazam logo KazamMobility2020$18.7MSeries B
Alltheway logo AllthewayHardware2022$3.5MSeed
ChargeLab logo ChargeLabMobility2016$65.4MSeries A
1NCE logo 1NCEAnalytics2017$110MVenture Round
Verdant Impact logo Verdant ImpactAgTech2020$316.2kSeed
Govee logo GoveeRetail2017Series A
LocationMind logo LocationMindHardware2019¥5.4BDebt Financing
HiveMQ logo HiveMQEnterprise2012$49.3MSeries A
Goldilock logo GoldilockSecurity2017$7.6MGrant
NEURON Automation logo NEURON AutomationAutomation2018$2.5MVenture Round
OQ TECHNOLOGY logo OQ TECHNOLOGYAnalytics2016$56.8MGrant
Open Cosmos logo Open CosmosMobility2015$62.6MSeries B
bitsensing logo bitsensingMobility2018$50.2MDebt Financing
Secret Double Octopus logo Secret Double OctopusHardware2015$37.5MSeries C
Preferred Networks logo Preferred NetworksAI2014¥44.6BDebt Financing
Airobotics logo AiroboticsMobility2014$124.7MGrant
Amnex Infotechnologies logo Amnex InfotechnologiesData2008₹4.6BVenture Round
Guardsquare logo GuardsquareInfrastructure2014$29.6MVenture Round
KINEXON logo KINEXONAI2012$147.8MSeries A
Oriongo logo OriongoMobility2019$5MSeries A
Vahan.ai logo Vahan.aiAI2016$18MVenture Round
Blue Wave logo Blue WaveHardware2021CN¥300MSeries A
Skit logo SkitAI2016$28.1MSeries B
Enlog logo EnlogAI2019$833.4kGrant
Utopi logo UtopiInfrastructure2019£10MSeries A
Myriota logo MyriotaFintech2015$64.8MVenture Round
Upliance.ai logo Upliance.aiAI2021$5.4M
Neuronova logo NeuronovaAI2024€1.5MPre-Seed
Fyllo logo FylloAgTech2019$6.5MSeries A
Controlant logo ControlantInfrastructure2007€92MPrivate Equity

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