Companies in IoT Applications
There are 6,967 companies in IoT Applications which include Samsara, Vivint, Latch, Motive, AliveCor. 2,466 companies in IoT Applications are funded, with 1,007 having secured Series A funding. Till date, the sector has seen the creation of 14 Unicorns. United States has the most number of companies in IoT Applications (1,704), followed by India
(712), and then United Kingdom (487).
2026 has seen the creation of 1 company in IoT Applications. On average, the last 10 years have seen 248 new companies launched every year. Most number of IoT Applications startups have been founded by alumni from Stanford University, Massachusetts Institute of Technology and Tel Aviv University.
Here is a List of top companies in IoT Applications

1. Samsara
Platform offering 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: Andreessen Horowitz, General Catalyst and 13 Others
- Latest Funding Round: Series F, May 21, 2020, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 5,468 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, Bank of America and 13 Others
- Latest Funding Round: Conventional Debt, May 17, 2019, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 2 of 5,023 Competitors

3. 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: $153M
- Investors: Lux Capital, RRE Ventures and 32 Others
- Latest Funding Round: Series B, Aug 01, 2019, $*****
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 1 of 687 Competitors

4. Motive
Developer of fleet management software and hardware for vehicle tracking. This platform provides tools for monitoring vehicle location, health, and usage. It includes hardware such as cameras and sensors to capture data regarding driver behavior and equipment status. The system facilitates maintenance scheduling, fuel tax reporting, and workforce management through automated workflows. Users access information regarding asset utilization and safety metrics to manage operational requirements.
Key facts about Motive
- Founded Year: 2013
- Location: San Francisco (United States)
- Stage: Series G
- Total Funding till date: $1.87B
- Investors: Greenoaks, Insight Partners and 29 Others
- Latest Funding Round: Series G, Sep 10, 2026, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 2 of 4,168 Competitors
5. AliveCor
Developer of remote cardiac monitoring solutions and related analysis software. The company provides devices for consumers and healthcare professionals to monitor heart conditions. It offers solutions for healthcare systems, biopharma companies, payers, and employers. The company's offerings include devices, analysis software, and data integration solutions.
Key facts about AliveCor
- Founded Year: 2010
- Location: Mountain View (United States)
- Stage: Series F
- Total Funding till date: $114M
- Investors: Omron Healthcare, Mayo Clinic Business Accelerator and 17 Others
- Latest Funding Round: Series F, Aug 16, 2022, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 5 of 1,366 Competitors
