Best Internet of Things - Industry Applications Companies in Estonia
The 49 best Internet of Things - Industry Applications companies in Estonia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Bisly.
Our analysis of 184 Internet of Things - Industry Applications companies
$13.9b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Internet of Things - Industry Applications companies in Estonia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Bisly Provider of diversified smart home products | $7M | 12 mo ago | Series A | — | 2006 | WordPressApple iCloud MailMicrosoft 365+25 | 1 job opening |
| 2 | Themo Provider of smart thermostats | $1M | 28 mo ago | Seed | Madis Uuemaa CEO | 2015 | HubSpot CMS HubYouTubeHubSpot Chat+11 | 1 partnership |
| 3 | R8tech Provider of IoT-based platform for building automation | $1M | 33 mo ago | Seed | Imre Purret Co-Founder | 2017 | WordPressApple iCloud MailMicrosoft 365+11 | 4 job openings · 1 partnership |
| 4 | LightCode Photonics Provider of LiDAR-based technology for scanning and surveying applications | $516K | 62 mo ago | Seed | Andreas Valdmann Co-Founder | 2020 | — | — |
| 5 | Cityntel Street lighting solutions | $144K | 126 mo ago | Funding Raised | Alar Vork Co-Founder & CEO | 2012 | — | — |
| 6 | Bercman Offers smart mobility and smart road traffic management solutions | $111K | 74 mo ago | Funding Raised | Hans Leis Co-Founder | 2016 | WordPressMySQLPHP+19 | 1 expansion |
| 7 | Semu Designs Connected device management solution for visually impaired | $11K | 133 mo ago | Deadpooled | Margit Lillemaa Co-Founder | 2014 | — | — |
| 8 | Wise Velocity Online platform offering tracking and monitoring solutions | $11K | 145 mo ago | Funding Raised | Fred Kaasik Co-Founder | 2014 | — | — |
Top 12 Internet of Things - Industry Applications companies in Estonia
#1
Series A · Tallinn, Harju County · founded 2006 · 23 employees$6.7Mraised▾
Provider of diversified smart home products. Its product portfolio includes environment monitoring sensors, HVAC monitors and controllers, video intercoms, garage door controls, smart lighting controls, energy meters, and home automation controller hubs. Its features include third party products integration capability, mobile application integration, and customisable alerts, and notifications. Its app is available on Android and iOS platforms.
- Aug 2025Series A$5M
- Jun 2024Series A$6.7M
- Jul 2021Seed$2M
#2
Seed · Tallinn, Harju County · founded 2015 · 1 employees$1.4Mraised▾
Provider of smart thermostats. It offers Themo - digital thermostat which takes into account real-time electricity spot price, outside weather, preset temperature levels, and the unique consumption profile.
- Mar 2024Seed$1.4M
- 2016Grant (prize money)$4.7K
#3
Seed · Tallinn, Harju County · founded 2017 · 43 employees$1.1Mraised▾
Provider of IoT-based platform for building automation. It provides a software-based control system (R8 system) for building automation to decrease the energy consumption of commercial properties. The big data and machine learning-based control logic rely on real-time building behavior, weather, and energy market fluctuations to provide optimal insights for reducing energy consumption. The system also includes an interactive customer-focused dashboard for valuable performance analysis with fault detection. It caters to shopping centers, office buildings, and hotels.
- Oct 2023Seed—
- Jan 2021Seed$1.1M
#4
Seed · Tartu, Tartu · founded 2020 · 14 employees$516.2Kraised▾
Provider of LiDAR-based technology for scanning and surveying applications. It has developed 3D cameras, which is integrated with LiDARs. It can generate 3D real-time maps for masses. It also offers software to manage these systems.
- May 2021Seed$516.2K
#5
Funding Raised · Tartu, Tartu · founded 2016 · 3 employees$110.6Kraised▾
Bercman offers smart mobility and smart road traffic management solutions. Its solutions include smart pedestrian crosswalks and smart bus stops.
- May 2020Grant (prize money)$55.5K
- Dec 2019Grant (prize money)$55.1K
#6
Funding Raised · Tallinn, Harju County · founded 2012 · 1 employees$144.2Kraised▾
Cityntel (spinoff of Defendec) offers smart street lighting solutions. Their lighting solution includes features such as: simple installation, dimming, time & location based control, rules based control. All the controls are supported by web dashboard that allows the automation and displays data such as power consumption, working hours, total time rules have been in effect etc. External sensors are also supported. Has been installed in Estonia, Finland, Germany and Denmark.
- Feb 2016Grant (prize money)$144.2K
#7
Deadpooled · Tallinn, Harju County · founded 2014 · 1 employees$9Kraised▾
Smart Load Solutions provides data analytics platform to optimize operations in industries. The platform allows users to monitor consumers and producers energy profile to offer demand response solutions. Their software can be used to shift energy consumption to consume on cheap hours to reduce electricity bills. It offers its software to utilities and consumers. The platform collects electricity data that includes electricity consumption rate, price and temperature data.
- May 2019Series A—
- 2016Grant (prize money)$9K
#8
Deadpooled · Tallinn, Harju County · founded 2014$11Kraised▾
Semu Designs is developing a solution to enable visually impaired to automate their home functions. The solution connects to the existing sensors and gives audio feedback to the user. The user has to press a button after which they are told whether a window is open or an appliance is on. The user can directly control the appliance from the device. The company is an alumni of Startup Scaleup IoT accelerator and Eye Focus Accelerator.
- 2015Seed—
- 2015Seed—
#9
Funding Raised · Tallinn, Harju County · founded 2014 · 5 employees$10.9Kraised▾
Online platform offering tracking and monitoring solutions. The platform offers tools that help users track assets, manage logistics, or monitor specific activities efficiently. With a focus on real-time data and user-friendly interfaces, it caters to individuals and businesses looking for reliable tracking solutions.
- 2014Grant (prize money)$10.9K
#10
Series A · Tallinn, Harju County · founded 2018 · 27 employees—raised▾
Developer of a blockchain-based MaaS platform. It allows a mobility provider to tap into the networks such as including taxi hailing, car-sharing, ride-sharing, and bike-sharing services. It also helps startups and public transit authorities to announce mobility services for customers.
- May 2022Series A—
- Mar 2022Series A—
- Dec 2019Seed—
- Mar 2019Seed—
#11
Seed · Tallinn, Harju County · founded 2019 · 9 employees—raised▾
Developer of a cargo loading calculator for optimal load distribution. The system offers tools for managing cargo parameters and layout, considering delivery planning. It provides a solution for managing the arrangement of loads in trucks, containers, or on pallets. The software uses algorithms to calculate and display efficient ways to load cargo.
- 2020Seed—
#12
Seed · Tallinn, Harju County · founded 2012 · 20 employees—raised▾
Manufacturer of bike and scooter parking and charging infrastructure systems. The company provides smart parking stations, lockers, and charging solutions for micromobility vehicles. These systems are designed for municipalities, transit companies, and commercial and residential properties. The company's products offer secure parking and charging capabilities.
- 2017Seed—
- 2016Grant (prize money)—
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
How research on Internet of Things is moving in Estonia
A read on the academic research around Internet of Things — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 55 Estonia-affiliated papers.
- Tallinn University of Technology29
- Ministry of Agriculture8
- University of Tartu8
- Estonian Environmental Research Center6
- Cybernetica1
- Wireless sensor network3
- Network packet3
- Edge computing2
- Big data2
- Smart city2
- Intrusion detection system3
- Computer security3
- Computer network2
- Energy consumption2
- Intrusion2
- Corporate governance4
- Key (lock)4
- Big data3
- Data science2
- Internet privacy2
Where iot is researched across Estonia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.