Companies in IoT Applications
There are 6,890 companies in IoT Applications which include Latch, Vivint, Samsara, The Climate, AliveCor. 2,417 companies in IoT Applications are funded, with 963 having secured Series A funding. Till date, the sector has seen the creation of 11 Unicorns. United States has the most number of companies in IoT Applications (1,692), followed by India
(674), and then United Kingdom (487).
On average, the last 10 years have seen 299 new companies launched every year. Most number of IoT Applications startups have been founded by alumni from Stanford University, Massachusetts Institute of Technology and IIT Bombay.
Here is a List of top companies in IoT Applications
1. Latch
Provider of cloud-based smart locks for residential and commercial places. It provides users with an internet-connected or electro-mechanically engineered lock system for access control. Its product portfolio includes smart locks, guest and delivery management systems, and smart home sensors. Its locks can be operated using its mobile application, access cards, and passwords. It comprises a touch panel and a wide-angle camera.
Key facts about Latch
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Public
- Total Funding till date: $147M
- Investors: Lux Capital, Tishman Speyer and 30 Others
- Latest Funding Round: Series B, Aug 01, 2019, $56M
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 578 Competitors
2. Vivint
Manufacturer of cloud-based smart security cameras for home applications. It provides users with a platform that offers indoor and outdoor cameras, video doorbells, smart automation, and home security solutions, and smart apps to control and monitor the system remotely. It also offers monitoring, professional installation, and car guard solutions.
Key facts about Vivint
- Founded Year: 1999
- Location: Provo (United States)
- Stage: Acquired
- Total Funding till date: $172M
- Investors: Solamere Capital, Regiment Capital Advisors and 13 Others
- Latest Funding Round: Conventional Debt, May 17, 2019, $225M
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 2 of 2,646 Competitors
3. Samsara
Provider of AI-powered and cloud-based vehicle tracking solutions for fleet owners. The platform offers solutions that include vehicle telematics, driver safety management, AI dash cams, camera connectors, mobile workflow, compliance management tools, security task management tools, and asset tracking systems. It provides services to FMCG, oil and gas, logistics and transportation, and industrial automotive.
Key facts about Samsara
- Founded Year: 2015
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $915M
- Investors: General Catalyst, a16z and 13 Others
- Latest Funding Round: Series F, May 21, 2020, $400M
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 1 of 2,222 Competitors
4. The Climate
The Climate is an integrated platform providing hardware and software for farm and weather data analytics. The company claims that their technology helps farmers to collect field data and visualize and monitor field decisions based on crop performance and also manage field variability. Their app is available for both android and ios users. The company also claims to provide recommendations based on their products; field view drive and yield sense and also claims that farmers can consult agronomists, commodities broker, and other professionals for making farming decisions.
Key facts about The Climate
- Founded Year: 2006
- Location: St. Louis (United States)
- Stage: Acquired
- Total Funding till date: $109M
- Investors: New Enterprise Associates, Index Ventures and 18 Others
- Latest Funding Round: Series C, Jun 13, 2012, $50M
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 1 of 826 Competitors
5. AliveCor
Provider of cardiac monitoring devices and applications for heart health monitoring. The clinical quality ECG recorder can be used integrated through a smartphone. The proprietary technology used in the device converts electrical impulses from the user’s fingertips into ultrasound signals transmitted to the mobile device’s microphone.
Key facts about AliveCor
- Founded Year: 2010
- Location: Mountain View (United States)
- Stage: Series F
- Total Funding till date: $114M
- Investors: Omron Healthcare, Khosla Ventures and 17 Others
- Latest Funding Round: Series F, Aug 16, 2022
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 2 of 817 Competitors