How many total Consumer Internet of Things companies are there in Australia?

As of January 2026, Australia has 286 active Consumer Internet of Things companies.

What is the total funding raised by Consumer Internet of Things companies in Australia?

Consumer Internet of Things companies in Australia have collectively raised $186M in funding till date.

Which is the highest funded Consumer Internet of Things company in Australia?

As of January 2026, Vitruvian has raised $51.4M in funding, highest among the funded Consumer Internet of Things companies in Australia.

Consumer Internet of Things in Australia - 2026 Market & Investments Trends

Q: How many Consumer Internet of Things companies in Australia are funded?

As of January 2026, 63 companies have received funding in this sector.

Q: Who are the top investors in Consumer Internet of Things companies in Australia?

The top investors in Consumer Internet of Things companies in Australia by number of investments are Artesian and Felicis Ventures.

The Consumer Internet of Things sector in Australia comprises 397 companies, including 63 funded companies having collectively raised $186M in venture capital money and private equity. Out of these, 20 are Series A+ funded.

Consumer Internet of Things sector in Australia has seen 5 acquisitions and 8 IPOs.

This sector includes companies that offer physical personal devices such as smartphones, wearables, fashion items, smart home appliances, etc. that are connected to the internet and that collect and share data and can be used by end consumer and not businesses.

Companies included in Consumer Internet of Things

Includes companies offering IoT devices for consumers from industries like Smart Homes, Wearable Technology, Connected Vehicles, Retail, Healthcare, Food & Beverages, Financial Services, Agriculture, Sports, Cleaning, and Education

Companies excluded in Consumer Internet of Things

Excludes companies offering IoT devices for industrial/enterprise applications and not consumers, and non-IoT devices for consumers. It also excludes service companies that provide smart solutions of other companies.

Key Metrics

Total Companies

397

Top Companies

Spacetalk, Vitruvian & more

Total Funding

$186M

Funded Companies

Series A+ Companies

Series C+ Companies

IPOs

Acquisitions

View complete details of this sector

There are more than 397 companies in Consumer Internet of Things in Australia. Spacetalk is the top Consumer Internet of Things company in Australia, ranked using Tracxn Score (what's this?).

Here are 5 of the top Consumer Internet of Things companies in Australia:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Spacetalk	Smartwatches for children and seniors	Adelaide (Australia)	2003	Public	-
Vitruvian	Provider of resistance training smart fitness equipment and app	Perth (Australia)	2018	Series A	$51.4M
DorsaVi	Provider wearable sensor for motion analysis technologies	Melbourne (Australia)	2008	Public	-
GoFar	OBD and app-based device for vehicle monitoring	Sydney (Australia)	2014	Seed	$1.08M
Nuheara	Internet first brand offering noise cancellation earbuds	Perth (Australia)	2015	Public	-

Get a longer list of companies

Companies founded year-on-year in the Consumer Internet of Things sector in Australia

29 Consumer Internet of Things startups in Australia were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	-
2025	1
2024	-
2023	6
2022	4
2021	7
2020	24
2019	26
2018	29
2017	22

Stage-wise distribution of Consumer Internet of Things sector companies in Australia

Out of the total 397 Consumer Internet of Things companies in Australia, 63 have secured funding. Among them, 20 have reached Series A or higher, and 14 to Series B or beyond.

Founded - 397

Funded - 63

Series A+ - 20

Series B+ - 14

Series C+ - 14

Company Stage	No. of companies
Founded	397
Funded	63
Series A+	20
Series B+	14
Series C+	14

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Total funding year-on-year in the Consumer Internet of Things sector in Australia

The Consumer Internet of Things sector in Australia saw a total funding of more than $168M in the last 10 years. The most amount of funding was in 2023 at more than $31.4M.

Total Funding

Year	Total Funding
2025	$2.1M
2024	$8.15M
2023	$31.4M
2022	$31.1M
2021	$31.2M
2020	$16.9M
2019	$3M
2018	$9.84M
2017	$17M

Recent Funding Rounds in Consumer Internet of Things in Australia

In the year 2025, till February 2025, Consumer Internet of Things companies in Australia have raised equity funding across 1 round.

Here are some recent, important funding rounds in Consumer Internet of Things companies in Australia:

Company	Round Raised	Amount Raised	Funding Date	Investors
Mymanu	Seed	8544	Feb 23, 2025	Lord Stanley Fink and 2 more
Umps	Series A	3313	Dec 06, 2024	Breakthrough Victoria and 5 more
Geminii	Seed	3589	Aug 12, 2024	-
Vitruvian	Series A	1162	Dec 12, 2023	Larsen Ventures and 1 more
Omni Biotech	Seed	6283	Dec 11, 2023	Skalata

See a more detailed list of funding rounds

Artesian is the top investor in Consumer Internet of Things companies in Australia based on number of companies invested.

Here are some top investors in Consumer Internet of Things companies in Australia:

Investor	Location	Top Portfolio Companies
Artesian	Sydney (Australia)	GoFar, iUFlow mHealth, Philia Labs and Respia
Felicis Ventures	Menlo Park (United States)	-
EQT	Stockholm (Sweden)	-
Alpha Wave Global	New York City (United States)	-
L Catterton	Greenwich (United States)	-

See a more detailed list of investors

In the year 2022, till December 2022, 1 acquisition happened in Consumer Internet of Things sector in Australia. Last year, in 2021, a total of 1 acquisition happened in Consumer Internet of Things sector in Australia.

Here are some recent, important acquisitions in Consumer Internet of Things sector in Australia:

Company	Acquisition Type	Acquisition Date	Acquirers
Pooled Energy	Acqui-Hired	Dec 12, 2022	Intellihub
Thermofilm	Business Acquisition	Feb 16, 2021	Glen Dimplex
Biily	Business Acquisition	Jul 21, 2020	ECH
National Cardiac Monitoring	Acqui-Hired	Jul 07, 2016	Event Cardio Group
GPSports	Acqui-Hired	Jul 01, 2014	Catapult

See a more detailed list of acquisitions

Acquisition trends in Consumer Internet of Things sector in Australia

Here are the acquisition trends in Consumer Internet of Things sector in Australia:

Total Number of Acquisitions

Year	No. of companies
2026	-
2025	-
2024	-
2023	-
2022	1
2021	1
2020	1
2019	-
2018	-
2017	-

In the year 2021, till June 2021, 2 IPOs happened in Consumer Internet of Things sector in Australia.

Here are some recent, important IPOs in Consumer Internet of Things sector in Australia:

Company	IPO Date	Exchange Symbol
HitIQs	Jun 16, 2021	Australian Securities Exchange (ASX)
Audeara	May 18, 2021	Australian Securities Exchange (ASX)
InteliCare	May 25, 2020	Australian Securities Exchange (ASX)
DorsaVi	Dec 11, 2013	Australian Securities Exchange (ASX)
Nuheara	Mar 05, 2010	Australian Securities Exchange (ASX)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Consumer Internet of Things in Australia

Most number of Consumer Internet of Things startups in Australia have been founded by alumni from Cornell University, HEC Paris and IIT Bombay.

College	No. of companies
Cornell University	1
HEC Paris	1
IIT Bombay	1
IIT Kanpur	1
London School of Economics and Political Science	1
Massachusetts Institute of Technology	1
Nanyang Technological University (NTU)	1
Stanford University	1
University of California (Berkeley)	1
University of Oxford	1

Total funding in Consumer Internet of Things companies founded by alumni from top colleges in Australia

In the last 10 years, Nanyang Technological University (NTU) graduates' Consumer Internet of Things companies in Australia have raised the most funding among top colleges. University of Oxford alumni are second, and IIT Kanpur alumni are third.

College	Total Funding
Nanyang Technological University (NTU)	$2.1M
University of Oxford	$1.08M
IIT Kanpur	$650K
Cornell University	-
HEC Paris	-
IIT Bombay	-
London School of Economics and Political Science	-
Massachusetts Institute of Technology	-
Stanford University	-
University of California (Berkeley)	-