Best Internet of Things - Industry Applications Companies in Chicago, United States
The 80 best Internet of Things - Industry Applications companies in Chicago, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Clearcover.
Our analysis of 77 Internet of Things - Industry Applications companies
$9.7b in tracked funding; 93% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Internet of Things - Industry Applications companies in Chicago
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Clearcover 🦄 Online platform that provides automotive insurance 78Funding top 15%Tech top 22%Moat top 26%Customers top 28% All 12 signals ▾Fundingtop 15% Techtop 22% Moattop 26% Customerstop 28% Producttop 31% Innovationtop 37% Markettop 38% Talenttop 38% AItop 45% Growthbottom 45% Globalbottom 37% Newsbottom 24% Funding: Raised $406M across 9 rounds · 9 rounds over 10 yrs (0.9/yr) Tech: 60 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 78/100 | $406M | 8 mo ago | 450 | Derek Brigham Co-Founder & Chief Operating Officer | SentryZendeskApple iCloud Mail+33 | — | — |
| 2 | Higi Gamified app for personal health management | $95M | 72 mo ago | 53 53 → 75 (+42%) | — | Cart FunctionalitySquarespace CommerceSquarespace+25 | 17 patents Automated cuff blood pressure/arm circumference measurement devices and ocular biomolecule detection systems. | 1 partnership |
| 3 | Farmer's Fridge Provider of food vending machines | $83M | 62 mo ago | 212 212 → 428 (+102%) | Luke Saunders Founder & CEO | ShopifyCart FunctionalityContentful+20 | — | 1 job opening · 1 award |
| 4 | LocusView Navigation-based workforce management solutions for the construction sector | $80M | 61 mo ago | 188 | Alicia Farag Co-Founder & Co-CEO | WebflowApple iCloud MailGoogle Workspace+19 | — | 1 launch · 2 awards |
| 5 | Arrive Tech-enabled platform offering parking and mobility management solutions | $65M | 91 mo ago | 1 | Shawn Carter Co-Founder | StoryblokApple iCloud MailGoogle Workspace+21 | 2 patents AI-driven natural language ambiguity resolution and privacy-preserving data processing | 1 partnership |
| 6 | Tovala Provider of connected smart ovens | $61M | 64 mo ago | 350 | David Rabie Co-Founder & CEO | Amazon WebstoreCart FunctionalitySentry+41 | 2 patents Smart kitchen appliance automation and optimized perishable food packaging solutions | — |
| 7 | HDVI Telematics-based data & monitoring solutions for auto insurers and fleet owners | $48M | 16 mo ago | 82 | Reid Spitz President & Co-Founder | WordPressMySQLPHP+30 | — | — |
| 8 | CityBase Provider of cloud based solutions for streamlining smart city operations | $21M | 93 mo ago | 77 | — | WordPressMySQLPHP+27 | — | — |
| 9 | Cardiosense Developer of wearable sensor and AI platform for cardiac monitoring | $15M | 42 mo ago | 15 | Amit Gupta Co-Founder & CEO | — | 2 patents Wearable and implantable physiological monitoring devices with data analysis and presentation. | 1 launch |
| 10 | SonarMD Cloud-based care management solutions for chronic conditions 48Funding top 32%Growth top 35%Talent top 38%Tech top 39% All 7 signals ▾Fundingtop 32% Growthtop 35% Talenttop 38% Techtop 39% Producttop 46% Marketbottom 30% Globalbottom 29% Funding: Raised $14.3M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 48/100 | $14M | 4 mo ago | 25 | Lawrence Kosinski Founder at SonarMD | WordPressApple iCloud MailMicrosoft 365+21 | — | — |
| 11 | Cityzenith Developer of a digital twin platform for construction industries | $11M | 59 mo ago | 20 | — | — | — | — |
| 12 | Buildings As Batteries Developer of thermal energy storage system for commercial building applications | $8M | 95 mo ago | — | Gregor Henze Co-Founder | — | — | — |
| 13 | Lukla Apparel Provider of solar core aerogel based winter wear | $7M | 60 mo ago | — | Michael Markesbery Co-Founder | — | — | — |
| 14 | Reliefband Drug-free wearable tech for fast, effective nausea and vomiting relief | $6M | 103 mo ago | 10 | — | Cart FunctionalityShopifyVisa+32 | 4 patents Patents concentrated in health & consumer products | — |
| 15 | 640 Labs Digital farming solutions to maximize results with data-driven insights and innovative tech | $6M | 140 mo ago | 153 | — | — | — | — |
| 16 | HAAS Alert Provider of digital alerts and coordination tools for roadway safety | $5M | 29 mo ago | 41 | Jigar Patel Co-Founder & CTO | WebflowApple iCloud MailGoogle Workspace+24 | — | 1 launch · 2 partnerships · 1 award |
| 17 | Scout Provider of wireless home security | $4M | 40 mo ago | 5,000 | — | Cart FunctionalityShopifySentry+27 | 3 patents Advanced hyperspectral imaging sensors for aerial/vehicle platforms and adjustable vehicle hitch systems. | — |
| 18 | SmartWitness in-vehicle cameras, recorders & surveillance software | $4M | 81 mo ago | 68 | — | UbuntuAmazon ALBVue.js+9 | 6 patents Patents concentrated in electrical & electronics | — |
| 19 | Sigora International Provider of smart micro grid platform and smart meters | $3M | 102 mo ago | 36 | Andy Bogdan Bindea Founder & CEO | — | — | — |
| 20 | Eta Vision Offers data center energy management solutions | $2M | 95 mo ago | 8 | Michael Lingle CEO & Cofounder | — | — | — |
| 21 | Proxfinity Provider of smart badge based event networking platform | $1M | 90 mo ago | 3 | Mitch Carrel Co-Founder/Chairman/Former CEO | — | 4 patents Proximity-based social networking notification devices for friend-circle signaling | — |
| 22 | FitnessCubed Under-desk ellipticals and seated fitness solutions for active lifestyles | $603K | 103 mo ago | 50 | Shivani Jain Co-Founder | — | — | — |
| 23 | CareBand Provider of location-based monitoring technology for healthcare and safety applications | $517K | 56 mo ago | 8 | — | — | 33 patents Patents concentrated in health & consumer products | — |
| 24 | WebCurfew Parental internet controls: content filtering, device access, and automated web timers | $450K | 146 mo ago | 2 | Rod da Silva CEO | — | — | — |
| 25 | Luna Lights Developer of smart devices for night time fall detection | $375K | 109 mo ago | 3 | — | — | — | — |
| 26 | ThruGreen Provider of traffic-signal control and management solutions | $345K | 53 mo ago | 7 | David Nguyen Founder | — | 31 patents Adaptive traffic signal control and connected vehicle infrastructure for dynamic traffic management | — |
| 27 | Bold Diagnostics Provider of diagnostic platform for blood pressure monitoring | $250K | 96 mo ago | 1 | Jay Pandit Co-Founder | — | — | — |
| 28 | QCMedchain Blockchain platform providing pharmaceutical supply chain monitoring solution | $225K | 75 mo ago | — | JJ Ogrey Co-Founder & CTO | — | — | — |
| 29 | Fueloyal Technology IoT & connected vehicle platform provider enabling data monetization and vehicle connectivity | $124K | 99 mo ago | 11 | — | Cart FunctionalityWordPressMySQL+22 | — | — |
Top 12 Internet of Things - Industry Applications companies in Chicago
#1
Series D · Chicago, Illinois · founded 2016 · 450 employees$406Mraised▾
Online platform that provides automotive insurance. It features a Quick View ID card to manage policy information, submit claims, claims to track, change payment methods, make payments, view payment information, and more. It also validates coverages and determines eligibility for expedited payment.
- Oct 2025Series D$25M
- Jan 2025Series D$26.2M
- Oct 2024Series D$44M
- Mar 2024Series D$55M
#2
Series B · Chicago, Illinois · founded 2009 · 25 employees$14.3Mraised▾
Cloud-based care management solutions for chronic conditions. It offers a care coordination program that proactively connects patients with care teams in real time and provides wrap-around services to help patients manage their individual health needs. Their platform collects patient health data through surveys and analyzes it to track the status of improvement. They generate scores from the survey and send alerts to doctors.
- Feb 2026Series B$3M
- Dec 2024Series A$2.2M
- Jul 2024Conventional Debt$1M
- May 2023Series A$4.3M
#3
Series C · Chicago, Illinois · founded 2018 · 82 employees$48.5Mraised▾
HDVI provides telematics-based data & monitoring solutions for auto insurers and fleet owners. It offers solutions for fatigue analysis, compliance management, analyzing driving behavior, vehicle-related data management, and more. It also offers solutions for fleet management.
- Feb 2025Series C$40M
- Aug 2021Series B$32.5M
- Aug 2020Series A$16M
#4
Series D · Chicago, Illinois · founded 2013 · 212 employees$82.6Mraised▾
Provider of food vending machines. It provides a network of automated smart vending machines dispensing meals and snacks. Its menu includes salads, sandwiches, and snacks.
- Apr 2021Conventional Debt$2.6M
- May 2020Series D$40M
- Sep 2018Series C$30M
- Mar 2018Grant (prize money)$10K
#5
Series C · Chicago, Illinois · founded 2015 · 350 employees$60.9Mraised▾
Provider of connected smart ovens. The features include broiling, steaming, convection and microwave heating, toasting in a single pot, scan to cook options, and mobile application integration. The company also offers smart meals on a subscription basis that are automatically identified and cooked by the usage of preset cooking cycles. Its app is available on Android and iOS platforms.
- Feb 2021Series C$30M
- Jun 2020Series B$20M
- Feb 2018Series A—
- Dec 2017Series A$9.2M
#6
Acquired · Chicago, Illinois · founded 2012 · 53 employees$95.2Mraised▾
Higi provides a gamified app for personal health management. Through its "high Stations" provides free screenings for blood pressure, weight, pulse, and body mass index. Its platform is directed at community-health and wellness and allows consumers to collect and share their health and activity data with trusted partners or communities to win rewards.
- Jun 2020Series C$31.4M
- Jul 2018Series C—
- Jul 2018Series C$23.8M
- Mar 2017Series B—
#7
Acquired · Chicago, Illinois · founded 2014 · 188 employees$80Mraised▾
Navigation-based workforce management solutions for the construction sector. It offers solutions to collect, validate, and to manage new construction data with sensor-based data collection system with GPS coordinates. Its features include offline mode functioning, industry-driven workflows, and smart validations tools.
- Apr 2021Series A$64M
#8
Seed · Chicago, Illinois · founded 2015 · 41 employees$5.1Mraised▾
Provider of digital alerts and coordination tools for roadway safety. The company delivers real-time digital alerts to protect responders, workers, and drivers. It offers tools for emergency vehicle alerting, responder-to-responder coordination, and emergency vehicle preemption. The company provides solutions for automotive, DOTs, fire and EMS, government, law enforcement, towing, utility, and work zones. It allows users to manage fleets in real time.
- Jan 2024Seed—
- Aug 2021Seed$5M
- Oct 2018Grant (prize money)$1.1M
- 2018Grant (prize money)—
#9
Series D · Chicago, Illinois · founded 2006 · 1 employees$65.3Mraised▾
Arrive offers a tech-enabled platform offering parking and mobility management solutions. The platform offers integrated solutions for parking management, transit solutions, and more. It connects consumers and operators/owners over a single platform. Users can do on-off street parking, event parking management, white-lable parking solutions for apartments and closed community, etc.
- Nov 2018Series D$5M
- Sep 2018Series D$21.8M
- Mar 2018Conventional Debt—
- Mar 2018Series C—
#10
Series A · Chicago, Illinois · founded 2020 · 15 employees$15.1Mraised▾
Developer of wearable sensor and AI platform for cardiac monitoring. The company provides a medical-grade wearable device that measures seismocardiogram, photoplethysmogram, and electrocardiogram signals. Clinical artificial intelligence algorithms translate sensor signals into digital biomarkers. Integrated software solutions aggregate data into actionable clinical insights, designed to streamline workflows.
- Dec 2022Series A$15.1M
#11
Public · Chicago, Illinois · founded 2013 · 5000 employees$4.3Mraised▾
Scout provides removable wireless security systems with sensors to track door/window open-closes. The sensor sends alerts over Wifi and 3G. It also provides Scout's App for controlling home through this application.
- Feb 2023Convertible Debt$2M
- Sep 2018Convertible Debt$500K
- Dec 2017Post IPO$1.3M
- May 2016Seed$1M
#12
Series A · Chicago, Illinois · founded 2009 · 20 employees$11Mraised▾
Cityzenith, formerly Screampoint, aggregates data from sources such as public (Open Data), IoT and M2M (real-time operational) and citizens (Social Media) and makes it available through a standard and open digital twin platform. They also have a facility to build apps called 5D smart apps that leverage this data in the form of apps. The software tool they provide known as Smart World Pro allows architects, property managers, & property owners to create digitized versions of their properties and work on them. Can conduct natural-language searches through project data, run AI and machine learning-driven ROI analyses on-the-fly on the digital twin. An app marketplace is available as well (5D Smart App Market). Their product is not publicly available as of late Dec. 2014. Has announced partnerships with Amsterdam, Barcelona, and San Francisco to develop apps for their respective cities.
- Jul 2021Series A$868K
- Nov 2019Series A$1.1M
- Mar 2012Series A$6M
- Mar 2011Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Internet of Things - Industry Applications coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
What Chicago researches in iot
- University of Illinois Chicago13
- Chicago State University5
- University of Chicago3
- University of Illinois Chicago, Rockford campus2
- Chicago Public Schools1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.