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Radar · Internet of Things - Industry Applications in Illinois

Best Internet of Things - Industry Applications Companies in Illinois, United States

The 148 best Internet of Things - Industry Applications companies in Illinois, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Clearcover.

148companies tracked
$1.4Bdisclosed funding
1unicorns
55have raised
FLIAR INTELLIGENCE · INTERNET OF THINGS - INDUSTRY APPLICATIONS × ILLINOIS

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.

77companies analysed
93%cloud-native stacks
2025funding peak (by rounds)
8unicorns
2015median founding year
208kcombined LinkedIn audience
53%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best Internet of Things - Industry Applications companies in Illinois

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackWeb popularityPatents & IP focusRecent signals
1Clearcover 🦄
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
$406M8 mo ago450Derek Brigham
Co-Founder & Chief Operating Officer
SentryZendeskApple iCloud Mail+33Top 5M——
2Endotronix
Provider of device for Measurement of Hemodynamic parameters for heart failure maangement
$155M80 mo ago104Michael Nagy
Engineer & product development
WordPressSentryMySQL+32Top 10M234 patents
Implantable wireless physiological monitoring using MEMS sensors and multi-frequency excitation
—
3Higi
Gamified app for personal health management
$95M71 mo ago53
53 → 75 (+42%)
—Cart FunctionalitySquarespace CommerceSquarespace+25Top 5M17 patents
Automated cuff blood pressure/arm circumference measurement devices and ocular biomolecule detection systems.
1 partnership
4Farmer's Fridge
Provider of food vending machines
$83M62 mo ago212
212 → 428 (+102%)
Luke Saunders
Founder & CEO
ShopifyCart FunctionalityContentful+20Top 1M—1 job opening · 2 awards
5LocusView
Navigation-based workforce management solutions for the construction sector
$80M61 mo ago188Alicia Farag
Co-Founder & Co-CEO
WebflowApple iCloud MailGoogle Workspace+19Top 50M—1 launch · 2 awards
6Arrive
Tech-enabled platform offering parking and mobility management solutions
$65M91 mo ago1Shawn Carter
Co-Founder
StoryblokApple iCloud MailGoogle Workspace+21Top 5M2 patents
AI-driven natural language ambiguity resolution and privacy-preserving data processing
1 partnership
7Tovala
Provider of connected smart ovens
$61M64 mo ago350David Rabie
Co-Founder & CEO
Amazon WebstoreCart FunctionalitySentry+41Top 500k2 patents
Smart kitchen appliance automation and optimized perishable food packaging solutions
—
8Sibel Health
Developer of wireless medical monitoring devices for clinical and remote use
32Funding top 25%Moat top 31%Talent bottom 49%Growth bottom 42%
All 8 signals ▾
Fundingtop 25%
Moattop 31%
Talentbottom 49%
Growthbottom 42%
Techbottom 41%
Marketbottom 38%
Globalbottom 36%
Newsbottom 17%
Funding: Raised $50.0M across 6 rounds · 6 rounds over 6 yrs (1.0/yr)
Moat: Editorial + unicorn rating 8/10 · Soonicorn
rank vs industry peers · Fliar Intelligence Index 32/100
$50M15 mo ago47Steve Xu
Co-Founder & CEO
WordPressApple iCloud MailGoogle Workspace+24Top 10M—1 award
9HDVI
Telematics-based data & monitoring solutions for auto insurers and fleet owners
$48M16 mo ago82Reid Spitz
President & Co-Founder
WordPressMySQLPHP+30Top 50M——
10Artisight
Provider of IoT solutions for the healthcare industry
$42M12 mo ago63
63 → 139 (+121%)
Garrett Larance
Co-Founder
WordPressApple iCloud MailGoogle Workspace+28Top 10M3 patents
Remote monitoring and communication systems for IoT devices
2 partnerships · 1 award
11Healthsense
Remote monitoring, emergency call, and wellness management solutions
$34M123 mo ago40———36 patents
Wearable and remote personal activity monitoring systems for health tracking
—
12SwipeSense
Connected hand hygiene improvement system
$27M101 mo ago39—WordPressApple iCloud MailMicrosoft 365+27Top 10M17 patents
Retrofit sensors and analytics for hand‑hygiene dispenser compliance monitoring
—
13Track Group
Offender monitoring and tracking solution
55Moat top 25%Innovation top 26%Funding top 32%Patents top 33%
All 12 signals ▾
Moattop 25%
Innovationtop 26%
Fundingtop 32%
Patentstop 33%
Markettop 35%
Producttop 35%
Talentbottom 49%
Fin. healthbottom 48%
Techbottom 44%
Growthbottom 37%
Globalbottom 35%
Newsbottom 29%
Moat: Editorial + unicorn rating 7/10 · IP moat: 67 patents
Innovation: 67 patents (top 26% of patent-holders) · Deep-tech classification: Tech Hardware
rank vs industry peers · Fliar Intelligence Index 55/100
$26M1 mo ago161Derek Cassell
CEO
WordPressMySQLRedis+18Top 1M67 patents
Compact multi‑axis UWB/magnetic antennas for near‑field positioning and proximity detection
—
14CityBase
Provider of cloud based solutions for streamlining smart city operations
$21M93 mo ago77—WordPressMySQLPHP+27Top 10M——
15Revenera
Provider of software monetization, installation, and compliance solutions for businesses
$18M177 mo ago187—DrupalSentryAtlassian Statuspage+30Top 5M——
16Cardiosense
Developer of wearable sensor and AI platform for cardiac monitoring
$15M42 mo ago15Amit Gupta
Co-Founder & CEO
——2 patents
Wearable and implantable physiological monitoring devices with data analysis and presentation.
1 launch
17Agrible
Provider of predictive agronomic analytics and sustainability solutions for growers
$14M105 mo ago52Bill Northcott
Co-Founder & CIO
————
18SonarMD
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
$14M4 mo ago25Lawrence Kosinski
Founder at SonarMD
WordPressApple iCloud MailMicrosoft 365+21Top 50M——
19Wozniak Industries
Provider of smart firewall protecting connected homes and internet of things
$14M6 mo ago13—————
20Rhaeos
Developer of a noninvasive device to monitor CSF and manage hydrocephalus
35Talent top 28%Funding top 32%Patents top 32%Innovation top 34%
All 9 signals ▾
Talenttop 28%
Fundingtop 32%
Patentstop 32%
Innovationtop 34%
Moattop 38%
Globalbottom 40%
Marketbottom 24%
Techbottom 23%
Newsbottom 18%
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Funding: Raised $12.8M across 13 rounds · 13 rounds over 6 yrs (2.2/yr)
rank vs industry peers · Fliar Intelligence Index 35/100
$13M14 mo ago10
10 → 20 (+100%)
Amit Ayer
Co-Founder
——16 patents
Medical wearable thermal sensing and non‑invasive fluid flow monitoring devices
—
21FreshAir Sensor
Developer of an air-sensor device to detect tobacco and marijuana smoke
55Talent top 22%Moat top 31%Innovation top 35%Growth top 35%
All 10 signals ▾
Talenttop 22%
Moattop 31%
Innovationtop 35%
Growthtop 35%
Fundingtop 38%
Patentstop 38%
Producttop 40%
Techtop 48%
Marketbottom 32%
Globalbottom 31%
Talent: Analyst team rating 5/5 · 3 named leaders on record
Moat: Editorial + unicorn rating 7/10 · IP moat: 15 patents
rank vs industry peers · Fliar Intelligence Index 55/100
$12M18 mo ago36John O'Toole
Co-Founder
WordPressMySQLPHP+30Top 50M15 patents
Patents concentrated in computing, sensing & instrumentation
—
22Cityzenith
Developer of a digital twin platform for construction industries
$11M59 mo ago20—————
23Buildings As Batteries
Developer of thermal energy storage system for commercial building applications
$8M95 mo ago—Gregor Henze
Co-Founder
————
24Lukla Apparel
Provider of solar core aerogel based winter wear
$7M60 mo ago—Michael Markesbery
Co-Founder
————
25Reliefband
Drug-free wearable tech for fast, effective nausea and vomiting relief
$6M103 mo ago10—Cart FunctionalityShopifyVisa+32Top 5M4 patents
Patents concentrated in health & consumer products
—
26640 Labs
Digital farming solutions to maximize results with data-driven insights and innovative tech
$6M140 mo ago153—————
27HAAS Alert
Provider of digital alerts and coordination tools for roadway safety
$5M29 mo ago41Jigar Patel
Co-Founder & CTO
WebflowApple iCloud MailGoogle Workspace+24Top 5M—1 launch · 2 partnerships · 1 award
28Scout
Provider of wireless home security
$4M40 mo ago5,000—Cart FunctionalityShopifySentry+27Top 50M3 patents
Advanced hyperspectral imaging sensors for aerial/vehicle platforms and adjustable vehicle hitch systems.
—
29Rithmio
Application provider for wearable smart device
$4M125 mo ago15—————
30SmartWitness
in-vehicle cameras, recorders & surveillance software
$4M81 mo ago68—UbuntuAmazon ALBVue.js+9Top 50M6 patents
Patents concentrated in electrical & electronics
—
31Koloni
Provider of a cloud-based platform offering access management solutions
$3M32 mo ago12Kate Lyon
Secretary Board of Directors and Co-Founder
Cart FunctionalitySquarespace CommerceSquarespace+17Top 10M——
32Sigora International
Provider of smart micro grid platform and smart meters
$3M102 mo ago36Andy Bogdan Bindea
Founder & CEO
————
33SNOOZ
Smart device for improving the quality of sleep
$2M79 mo ago7Matthew Snyder
Co-Founder
Cart FunctionalityShopifyDeliverr+28Top 5M10 patents
Airflow and white-noise generation devices for sleep‑aid and ambient sound applications
1 job opening
34Eta Vision
Offers data center energy management solutions
$2M95 mo ago8Michael Lingle
CEO & Cofounder
————
35ANDalyze
Provider of water quality monitoring sensors
$2M119 mo ago6Bill Thalheimer
CEO
——10 patents
Portable fluorescence-based chemical sensing devices and reagent‑integrated sensor housings.
—
36iTRACS
AI-enhanced DCIM solution for smarter, data-driven infrastructure management
$2M194 mo ago15James Sherrin
CEO & Director
WordPressMySQLPHP+11Top 50M33 patents
Monitoring and diagnosing data port connection patterns in hardware interfaces
—
37Proxfinity
Provider of smart badge based event networking platform
$1M90 mo ago3Mitch Carrel
Co-Founder/Chairman/Former CEO
——4 patents
Proximity-based social networking notification devices for friend-circle signaling
—
38Soundwave
Online retailer of self-fitting over-the-counter hearing aids and accessories
$1M37 mo ago8Joe Turek
Co-Owner
Cart FunctionalityShopifyPlyr+33Top 50M——
39Flats or Spikes
Provider of data analytics solution for running
$900K59 mo ago8Paul Miller
Co-Founder & CEO
————
40FitnessCubed
Under-desk ellipticals and seated fitness solutions for active lifestyles
$603K103 mo ago50Shivani Jain
Co-Founder
————
41CareBand
Provider of location-based monitoring technology for healthcare and safety applications
$517K56 mo ago8———33 patents
Patents concentrated in health & consumer products
—
42WebCurfew
Parental internet controls: content filtering, device access, and automated web timers
$450K146 mo ago2Rod da Silva
CEO
————
43Luna Lights
Developer of smart devices for night time fall detection
$375K108 mo ago3—————
44ThruGreen
Provider of traffic-signal control and management solutions
$345K53 mo ago7David Nguyen
Founder
——31 patents
Adaptive traffic signal control and connected vehicle infrastructure for dynamic traffic management
—
45Bold Diagnostics
Provider of diagnostic platform for blood pressure monitoring
$250K96 mo ago1Jay Pandit
Co-Founder
————
46QCMedchain
Blockchain platform providing pharmaceutical supply chain monitoring solution
$225K75 mo ago—JJ Ogrey
Co-Founder & CTO
————
47Digital Dipstick
Manufacturer and supplier of Fitbit for tractors
$225K96 mo ago—Allan Dikeman
Co-Founder
————
48Embedor
Provider of technology for monitoring the structural health of buildings
$225K83 mo ago—Gul Agha
Co-Founder & CEO
————
49Fueloyal Technology
IoT & connected vehicle platform provider enabling data monetization and vehicle connectivity
$124K99 mo ago11—Cart FunctionalityWordPressMySQL+22Top 10M——

Top 12 Internet of Things - Industry Applications companies in Illinois

#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.

Fliar Intelligence Index™ 78how this company ranks against its industry peers
Funding
top 15%
Tech
top 22%
Moat
top 26%
Customers
top 28%
Product
top 31%
Innovation
top 37%
Funding: Raised $406M across 9 rounds · 9 rounds over 10 yrs (0.9/yr) · Last round Series D (Oct 2025)
Tech: 60 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Envoy
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Funding rounds
  • Oct 2025Series D$25M
  • Jan 2025Series D$26.2M
  • Oct 2024Series D$44M
  • Mar 2024Series D$55M
Founders & team
Derek BrighamCo-Founder & Chief Operating OfficerKyle NakatsujiCo-Founder & CEO
Investors
OMERS, American Family Ventures, Cox Enterprises, IA Capital Group, SVB, Eldridge Industries
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAosApple Icloud MailAppnexus
#2
Series C · Naperville, Illinois · founded 1995 · 161 employees
$26.1Mraised
▾

Offender monitoring and tracking solution. The products offered by the company are ReliAlert which is GPS based solution to communicate with offenders via on-board two/three-way voice communication technology, RF Beacon for location reporting, SHADOW which is GPS based offender tracking device.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Moat
top 25%
Innovation
top 26%
Funding
top 32%
Patents
top 33%
Market
top 35%
Product
top 35%
Moat: Editorial + unicorn rating 7/10 · IP moat: 67 patents
Innovation: 67 patents (top 26% of patent-holders) · Deep-tech classification: Tech Hardware
Funding: Raised $26.1M across 2 rounds · 2 rounds over 16 yrs (0.1/yr) · Last round Series C (Apr 2026)
Audience (LinkedIn): 4k LinkedIn followers — 2.1% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Apr 2026Series C$10.3M
  • Apr 2010Series C$26.1M
Founders & team
Derek CassellCEO
Tech stack
Anime.JsBootstrapChart.JsCloudwaysContact Form 7Godaddy
#3
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.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Funding
top 32%
Growth
top 35%
Talent
top 38%
Tech
top 39%
Product
top 46%
Market
bottom 30%
Funding: Raised $14.3M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) · Last round Series B (Feb 2026)
Growth: Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 2k LinkedIn followers
Funding rounds
  • Feb 2026Series B$3M
  • Dec 2024Series A$2.2M
  • Jul 2024Conventional Debt$1M
  • May 2023Series A$4.3M
Founders & team
Lawrence KosinskiFounder at SonarMDTracey PowellCo-Founder
Investors
Arboretum Ventures, BVF, KohFounders, Nueterra Capital, Blue Hour Ventures, Actions Capital
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementCore-JsElementorEmotion
#4
Funding Raised · Oakbrook Terrace, Illinois · founded 1985 · 13 employees
$14Mraised
▾

Provider of smart firewall protecting connected homes and internet of things. It uses cloud services, machine learning, and mobile applications to manage networks. The firewall protects against web threats and criminal hackers. It defends against complex attacks, notifying users of potential threats. It blocks attempts to access data, privacy, and finances.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 711 LinkedIn followers
Funding rounds
  • Dec 2025Conventional Debt$14M
Investors
MidCap Business Credit
#5
Series B · Glenview, Illinois · founded 2017 · 63 employees
$42Mraised
▾

Provider of IoT solutions for the healthcare industry. Its offerings include connected cameras and an IoT-based sensor network that facilitates inpatient monitoring, fall prevention, and bed management. Its features include multi-screen monitoring in real-time, ML-based movement detection, automated alarms, and pre-recorded patient alerts, two-way audio communication, and customization.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 4.4% of this cohort's audience
Activity: 2 partnerships · 1 awards (incl. Artisight) announced in 12 mo
Funding rounds
  • May 2025Grant (prize money)$377.6K
  • Jan 2024Series B$42M
  • Jul 2022Grant (prize money)$377.6K
  • Aug 2019Grant (prize money)$1.9M
Founders & team
Garrett LaranceCo-FounderNicholas HoldenChief Financial OfficerAndrew GostineCEO
Investors
Nvidia, HHS, Johnson Controls, GFT Ventures, Epsilon Health Investors
Tech stack
Amazon Web ServicesApple Icloud MailCookieyesCore-JsElementorGoogle Analytics
#6
Series C · Niles, Illinois · founded 2018 · 47 employees
$50Mraised
▾

Developer of wireless medical monitoring devices for clinical and remote use. The company provides devices and data integration for healthcare delivery and patient outcomes. It focuses on vital signs monitoring for neonatal, maternal, and adult care. The company offers technology for clinical trials, research, and hospital settings.

Fliar Intelligence Index™ 32how this company ranks against its industry peers
Funding
top 25%
Moat
top 31%
Talent
bottom 49%
Growth
bottom 42%
Tech
bottom 41%
Market
bottom 38%
Funding: Raised $50.0M across 6 rounds · 6 rounds over 6 yrs (1.0/yr) · Last round Series C (Mar 2025)
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 9 curated direct competitors tracked
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 19k LinkedIn followers — 8.9% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Mar 2025Series C$30M
  • May 2024Grant (prize money)$17.5M
  • Aug 2022Series B$33M
  • Dec 2021Grant (prize money)$150K
Founders & team
Steve XuCo-Founder & CEO
Investors
Dräger, NCC-PDI, Steele Foundation for Hope, Gates, HHS, JLABS
Tech stack
Apple Icloud MailAstraBeaver BuilderBootstrapCloudflareCloudflare Bot Management
#7
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.

Funding rounds
  • Feb 2025Series C$40M
  • Aug 2021Series B$32.5M
  • Aug 2020Series A$16M
Founders & team
Reid SpitzPresident & Co-FounderChuck WallaceCEO
Investors
Munich Re Ventures, 8VC, Weatherford Capital, Daimler Trucks North America, Qualcomm Ventures, Autotech Ventures
Tech stack
6SenseAnimate.CssCloudflareCloudflare Bot ManagementCore-JsFacebook Pixel
#8
Series A · Evanston, Illinois · founded 2018 · 10 employees
$12.8Mraised
▾

Developer of a noninvasive device to monitor CSF and manage hydrocephalus. It offers a wireless non-invasive thermal flow sensor that is placed over the neck to monitor the ventricular shunt function and detect or measure CSF. Its data is transferred to an app to manage hydrocephalus.

Fliar Intelligence Index™ 35how this company ranks against its industry peers
Talent
top 28%
Funding
top 32%
Patents
top 32%
Innovation
top 34%
Moat
top 38%
Global
bottom 40%
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Funding: Raised $12.8M across 13 rounds · 13 rounds over 6 yrs (2.2/yr) · Last round Grant (prize money) (Apr 2025)
Patents: 16 patents matched (strict assignee match) · 14 filings since 2022 vs 2 in 2017-21 · Latest publication 2026
Audience (LinkedIn): 4k LinkedIn followers
Funding rounds
  • Apr 2025Grant (prize money)$298.8K
  • Apr 2025Grant (prize money)$4.1M
  • Mar 2025Grant (prize money)$1.9M
  • Mar 2025Grant (prize money)$306.5K
Founders & team
Amit AyerCo-FounderSiddharth KrishnanCo-FounderJohn RogersCo-Founder & President
Investors
Creative Ventures, Portal Innovations, Lateral Capital, Cedars-Sinai Accelerator, Kyto Technology & Life Science, UM Social Venture Fund
Tech stack
WordpressMysqlPhpOceanwpElementorYoast Seo
#9
Series B · Lebanon, Illinois · founded 2013 · 36 employees
$11.8Mraised
▾

Developer of an air-sensor device to detect tobacco and marijuana smoke. It provides a two-plug adapter that fits over existing wall outlets and leverages Wi-Fi to send infraction information to a central monitoring system, which results in an email to the admin. Its device comprises polymer sensors that detect specific airborne chemicals like the biological receptors in the human body that is by binding only with the target molecule, making them sensitive and specific and resetting when the target molecules are cleared. It also provides an app that allows users to monitor the detection of smoke.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Talent
top 22%
Moat
top 31%
Innovation
top 35%
Growth
top 35%
Funding
top 38%
Patents
top 38%
Talent: Analyst team rating 5/5 · 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Editorial + unicorn rating 7/10 · IP moat: 15 patents
Innovation: 15 patents (top 58% of patent-holders) · 13 filings since 2022 vs 2 in 2017-21 · Deep-tech classification: Tech Hardware
Audience (LinkedIn): 746 LinkedIn followers
Funding rounds
  • Nov 2024Series B$3.7M
  • May 2023Series A$1M
  • Sep 2019Grant (prize money)$1.5M
  • Jan 2019Series A$3.5M
Founders & team
John O'TooleCo-FounderJoe BelBrunoCo-FounderTrip DavisCEO
Investors
HHS, Dartmouth Regional Technology Center
Tech stack
Amazon S3Amazon Web ServicesAstraCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#10
Acquired · East Peoria, Illinois · founded 2007 · 104 employees
$154.8Mraised
▾

Provider of device for Measurement of Hemodynamic parameters for heart failure maangement. It develops miniaturized wireless and implantable pressure sensors to communicate pressures that accurately measure cardiac function and provide software and services to personalize the patient care experience. The solution aims to accurately capture pulmonary artery pressure data using a mobile device. The data will be securely transmitted from the remote location to the patient’s Clinical Care Team for review and analysis.

Funding rounds
  • Oct 2019Series D$69.3M
  • Sep 2018Series D$45M
  • Feb 2018Series C$37.1M
  • Jan 2017Conventional Debt$12M
Founders & team
Michael NagyEngineer & product development
Investors
BioVentures Investors, Lumira Ventures, Aperture Venture Partners, OSF HealthCare, SV Health Investors, Jumpstart Ventures
Tech stack
Amazon Web ServicesAnimate.CssBootstrapCdnjsCloudflareCloudflare Bot Management
#11
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 39k LinkedIn followers — 18.9% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Junior Account Executive, Account Executive
Activity: 1 partnerships · 2 awards · 1 expansions (incl. California Pizza Kitchen) announced in 12 mo
Funding rounds
  • Apr 2021Conventional Debt$2.6M
  • May 2020Series D$40M
  • Sep 2018Series C$30M
  • Mar 2018Grant (prize money)$10K
Founders & team
Luke SaundersFounder & CEO
Investors
Powerplant Ventures, Innovation Endeavors, Cleveland Avenue, DNS Capital, DOM Capital Group, Finistere Ventures
Tech stack
Amazon Web ServicesApple Icloud MailCart FunctionalityContentfulCore-JsFacebook Pixel
#12
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 3.3% of this cohort's audience · 29 engagements/post (1.9× cohort median)
Activity: 1 product launches · 1 awards announced in 12 mo
Funding rounds
  • Feb 2021Series C$30M
  • Jun 2020Series B$20M
  • Feb 2018Series A—
  • Dec 2017Series A$9.2M
Founders & team
David RabieCo-Founder & CEO
Investors
The University of Chicago Booth School of Business, Pritzker Group, Tyson Foods, Origin Ventures, Y Combinator, The University of Chicago
Tech stack
AddshoppersAmazon AdvertisingAmazon S3Amazon SesAmazon Web ServicesAmazon Webstore

Funding & investor landscape

$1.4Btotal disclosed funding
54companies funded
189disclosed rounds
1rounds last 90 days
Most active investors
HHS6 rounds
National Science Foundation6 rounds
Serra Ventures5 rounds
HPA4 rounds
Healthbox3 rounds
Illinois Ventures3 rounds
Right Side Capital Management3 rounds
Techstars3 rounds
Alexa Fund2 rounds
America’s Seed Fund2 rounds

Notable founders

Derek Brigham
Co-Founder & Chief Operating Officer · Clearcover
Kyle Nakatsuji
Co-Founder & CEO · Clearcover
Derek Cassell
CEO · Track Group
Lawrence Kosinski
Founder at SonarMD · SonarMD
Tracey Powell
Co-Founder · SonarMD
Garrett Larance
Co-Founder · Artisight
Nicholas Holden
Chief Financial Officer · Artisight
Steve Xu
Co-Founder & CEO · Sibel Health
Reid Spitz
President & Co-Founder · HDVI
Chuck Wallace
CEO · HDVI
Amit Ayer
Co-Founder · Rhaeos
Siddharth Krishnan
Co-Founder · Rhaeos
Prism market signals · United States · country-scoped Prism corpus, 1,389,620 docs

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

RESEARCH IN ILLINOIS · Networking & Security

How research on Iot in Illinois is moving

A read on the academic research around Iot in Illinois — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 130 papers.

University of Illinois Urbana-Champaign and Illinois Institute of Technology lead Illinois's optimistic IoT research, predominantly advancing edge/fog computing and energy-efficient sensor networks with strong security focus.

130 papers · stance +0.61 · 60% breakthrough · 15% concern
breakthrough · advancement · concern
top institutions
  • University of Illinois Urbana-Champaign49
  • Illinois Institute of Technology29
  • University of Illinois Chicago13
  • Southern Illinois University Carbondale10
  • Illinois State University6
leading researchers
Ragini Gupta · Tarek Abdelzaher · Yunhao Liu · Claudiu Danilov · Duc Anh Pham · Shaojie Tang
prism intelligence · tone & topics
97% positive · 3% critical tone
Artificial IntelligenceTelecommunicationsCybersecurityMachine LearningCloud ComputingComputer Science
▲ Breakthroughs73 · 56%
▼ 65%→53% share
▼0.8× share momentum1 median citations70% since 2021mostly methods-led
Internet of Things research newly dominates breakthroughs with 22 papers, while Wireless topics surged from 2 to 10.
rising sub-themes (early→recent)
  • Wireless2→10
  • Scalability1→5
  • Software deployment3→6
  • Inference1→3
  • Computer security2→4
Newly emergingInternet of Things 0→22 · Embedded system 0→5 · Artificial neural network 0→5
Landmark Structural health monitoring of a cable-stayed bridge using smart sensor technology: deployment and evaluation · 417 cites
◆ Advancements31 · 24%
▲ 12%→27% share
▲2.2× share momentum0 median citations87% since 2021mostly methods-led
Advancements field-share more than doubled (12%->27%); Key (lock) and IoT topics newly emerged with 6 and 10 papers respectively.
rising sub-themes (early→recent)
  • Internet of Things10
  • Key (lock)6
  • Wireless sensor network5
  • Wireless5
  • Efficient energy use5
Newly emergingInternet of Things 0→10 · Key (lock) 0→6 · Wireless 0→5
Landmark Distributed Recovery from Network Partitioning in Movable Sensor/Actor Networks via Controlled Mobility · 215 cites
▼ Concerns18 · 14%
▼ 19%→13% share
▼0.7× share momentum1 median citations67% since 2021mostly reviews
Computer security concern papers rose from 2 to 5; Internet privacy newly flagged alongside IoT risks despite shrinking overall concern share.
rising sub-themes (early→recent)
  • Computer security2→5
Newly emergingInternet of Things 0→8 · Internet privacy 0→3
Landmark Data security and privacy in wireless body area networks · 585 cites

Common questions

How many Internet of Things - Industry Applications companies are there in Illinois, United States?
Radar tracks 148 indexable Internet of Things - Industry Applications companies headquartered in Illinois, United States that meet our profile-completeness bar.
What is the total funding raised by Internet of Things - Industry Applications companies in Illinois, United States?
The Internet of Things - Industry Applications companies in Illinois, United States on this list have raised a combined $1.4B in disclosed equity funding across 54 funded companies.
Which is the highest-funded Internet of Things - Industry Applications company in Illinois, United States?
Clearcover is the highest-funded Internet of Things - Industry Applications company in Illinois, United States, with $406M in disclosed equity funding.
How many Internet of Things - Industry Applications companies in Illinois, United States are funded?
54 of the 148 Internet of Things - Industry Applications companies in Illinois, United States on this list have disclosed at least one equity funding round.
How many Internet of Things - Industry Applications unicorns are there in Illinois, United States?
1 Internet of Things - Industry Applications company in Illinois, United States on this list is valued at $1B or more.
Who are the top investors in Illinois, United States Internet of Things - Industry Applications companies?
The most active investors in Illinois, United States Internet of Things - Industry Applications companies on this list include HHS, National Science Foundation, Serra Ventures, HPA, Healthbox.
Rohit KhannaTrends & Stories

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.

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