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Radar · Internet of Things - Industry Applications in Indiana

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

The 43 best Internet of Things - Industry Applications companies in Indiana, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Scale Computing.

43companies tracked
$257.7Mdisclosed funding
0unicorns
14have raised
FLIAR INTELLIGENCE · INTERNET OF THINGS - INDUSTRY APPLICATIONS × INDIANA

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

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

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Scale Computing
Platform offering hyper converged infrastructure solutions
$215M49 mo agoAcquiredJeff Ready
CEO
2006Craft CMSSentryApple iCloud Mail+2927 patents
Efficient distributed storage, memory buffering, and metadata management for clustered computing
—
2Recovery Force Health
Provider of medical devices for early mobilization and blood clot prevention
35Funding top 32%Tech top 44%Growth top 45%Talent bottom 49%
All 6 signals ▾
Fundingtop 32%
Techtop 44%
Growthtop 45%
Talentbottom 49%
Globalbottom 36%
Marketbottom 25%
Funding: Raised $11.2M across 3 rounds · 3 rounds over 7 yrs (0.4/yr)
Tech: 22 technologies across 5/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 35/100
$11M41 mo agoSeries AMatthew Wyatt
Founder & CEO
2019WordPress Block EditorDiviWordPress+18——
3Sonicu
Provider of wireless temperature sensors with an integrated cloud based platform
$6M69 mo agoSeries ANick Tuttle
CEO
2008HubSpot CMS HubApple iCloud MailGoogle Workspace+236 patents
Smart liquid level sensing and remote refill management for tank-in-tank containers
2 launchs
4VoCare
Remote patient monitoring solutions enhancing value-based healthcare through connected medical devices
$5M147 mo agoSeries A—2009—2 patents
Location-based personal emergency response devices and systems for immediate assistance.
—
5Neurava
Remote monitoring platform for epilepsy patients
27Talent top 38%Funding top 42%Innovation top 44%Moat top 47%
All 9 signals ▾
Talenttop 38%
Fundingtop 42%
Innovationtop 44%
Moattop 47%
Patentstop 49%
Techbottom 44%
Globalbottom 37%
Marketbottom 21%
Newsbottom 18%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $4.2M across 5 rounds · 5 rounds over 7 yrs (0.7/yr)
rank vs industry peers · Fliar Intelligence Index 27/100
$4M10 mo agoSeedJay Shah
Co-Founder & CEO
2019Node.jsTailwind CSSReact+84 patents
Wearable biosensor systems for real-time SUDEP risk monitoring in epilepsy patients.
—
6SpeechVive
Aid for helping Parkinson’s patient to communicate
$3M76 mo agoSeries ASteve Mogensen
President & CEO
2011Cart FunctionalityWordPressMySQL+252 patents
Voice pattern training technology for speech therapy and vocal rehabilitation.
—
7Ixana
Developer of an AR-based headset for personal assistance
$3M44 mo agoSeedAngik Sarkar
Co-Founder & CEO
2020Node.jsTailwind CSSReact+12——
8Synovia Solutions
Telematics solutions provider for monitoring, tracking, and protecting vital assets
$3M—AcquiredJon King
CEO & President
2012—3 patents
Engine idle detection systems for emissions monitoring and fuel efficiency optimization.
—
9Qumulex
Cloud and IoT-based video surveillance & access control solution
$3M83 mo agoAcquiredTom Buckley
Co-Founder
2018HubSpot CMS HubMaterial Design LiteAmazon Web Services+13——
10BabyPlus
Prenatal education system nurturing cognitive development through auditory enrichment
$2M—Early StageLisa Jarrett
Founder
2007Cart FunctionalityWooCommerceWordPress+353 patents
Real-time child monitoring hardware and software systems for safety tracking
—
11Ultra Ankle
Product development company for injury prevention in sports
$1M107 mo agoPublic—1999Cart FunctionalityWooCommerceWordPress+26——
12Ziptility
Provider of water and wastewater management platforms
$872K32 mo agoSeed—2018WebflowHubSpotcore-js+16——
13AccuPS
3D interaction devices for virtual reality based on tracking
$120K114 mo agoSeed—2014———
14Thermodynamic Process Control
Energy management systems optimizing boiler plant efficiency and reducing energy consumption
$100K197 mo agoSeedMelissa Johnson
Founder
2005———

Top 12 Internet of Things - Industry Applications companies in Indiana

#1
Seed · West Lafayette, Indiana · founded 2019 · 7 employees
$4.2Mraised
▾

Remote monitoring device for epilepsy patients. The company provides SUDEP risk monitoring, Nighttime Monitoring, and Expedite Treatment. They also provide wearable solutions for patients with epilepsy, alert management systems for seizures, and more.

Fliar Intelligence Index™ 27how this company ranks against its industry peers
Talent
top 38%
Funding
top 42%
Innovation
top 44%
Moat
top 47%
Patents
top 49%
Tech
bottom 44%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $4.2M across 5 rounds · 5 rounds over 7 yrs (0.7/yr) · Last round Seed (Oct 2025)
Innovation: 4 patents (top 86% of patent-holders) · 4 filings since 2022 vs 0 in 2017-21 · Deep-tech classification: Tech Hardware
Audience (LinkedIn): 2k LinkedIn followers — 3.3% of this cohort's audience
Funding rounds
  • Oct 2025Seed$1.6M
  • Apr 2024Seed$2.3M
  • Jan 2023Seed$1.2M
  • Sep 2021Seed$656.2K
Founders & team
Jay ShahCo-Founder & CEOVivek GaneshCo-Founder & CTO
Investors
Life Science Angels, UCB, Purdueinnovates, Elevate Ventures, First Leaf Capital, Rivermount
Tech stack
Amazon Web ServicesGsapHstsLenisNext.JsNext.Js App Router
#2
Acquired · Indianapolis, Indiana · founded 2006 · 120 employees
$214.7Mraised
▾

Platform offering hyper-converged infrastructure solutions. It provides solutions to reduce setup time and ease the management of virtual machine environments. Its products host storage, computing, and virtual machine on a single hardware. It also lets admins launch applications by creating virtual machines, assigning resources, and providing access to the shared storage which is directly attached.

Funding rounds
  • Jul 2022Series G$55M
  • Dec 2020Series F$30M
  • Mar 2019Series F$40M
  • Oct 2018Series F$21.2M
Founders & team
Jeff ReadyCEO
Investors
Morgan Stanley, Allos Ventures, Lenovo, Heron Capital, Reservoir Venture Partners, CID Capital
Tech stack
Apple Icloud MailCraft CmsGlide.JsGoogle Tag ManagerGoogle WorkspaceLodash
#3
Series A · Fishers, Indiana · founded 2019
$11.2Mraised
▾

Provider of medical devices for early mobilization and blood clot prevention. The company designs wearable technology intended to enhance blood flow and optimize clinical workflow. Products focus on pressure injury prevention and patient comfort. The organization offers solutions for healthcare professionals in hospitals and at home.

Fliar Intelligence Index™ 35how this company ranks against its industry peers
Funding
top 32%
Tech
top 44%
Growth
top 45%
Talent
bottom 49%
Global
bottom 36%
Market
bottom 25%
Funding: Raised $11.2M across 3 rounds · 3 rounds over 7 yrs (0.4/yr) · Last round Series A (Mar 2023)
Tech: 22 technologies across 5/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Audience (LinkedIn): 3k LinkedIn followers — 5.8% of this cohort's audience
Funding rounds
  • Mar 2023Series A$1.2M
  • 2019Series A$10M
  • Grant (prize money)$2M
Founders & team
Matthew WyattFounder & CEO
Investors
Elevate Ventures, NIH
Tech stack
CloudflareDiviGoogle AnalyticsHstsHttp/3Hubspot
#4
Seed · Bloomington, Indiana · founded 2018 · 9 employees
$872Kraised
▾

Provider of water and wastewater management platforms. It enables users to monitor meters, hydrants, valves, booster stations, tanks, and line repairs. It also provides a platform for predicting asset failure and maintenance routines.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 5.1% of this cohort's audience
Funding rounds
  • Dec 2023Seed$622K
  • Jul 2019Seed$250K
Investors
IU, For Good Ventures, Imagine H2O, Comeback Capital, IU Ventures
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAngularCloudflareCloudflare Bot Management
#5
Seed · West Lafayette, Indiana · founded 2020 · 22 employees
$3Mraised
▾

Developer of an AR-based headset for personal assistance. It designs and develops an XR headset that provides feedback based on external surroundings. Its device has a high battery life, is wireless, and uses AI to generate data.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 19.4% of this cohort's audience
Funding rounds
  • Nov 2022Seed$3M
Founders & team
Angik SarkarCo-Founder & CEOShovan MaityCo-Founder
Investors
Uncorrelated Ventures, Samsung NEXT, EvoNexus, Paradigm Shift Capital, Hack VC, Purdue Ventures
Tech stack
Core-JsFacebook PixelHstsMicrosoft 365Next.JsNext.Js App Router
#6
Series A · Greenfield, Indiana · founded 2008 · 40 employees
$6.5Mraised
▾

Sonicu is a provider of wireless temperature sensors with an integrated cloud-based platform. Its products include temperature and humidity sensors. The collected data through the sensors can be visualized through a cloud-based software platform that uses predictive algorithms to send alarm notifications. It also provides custom solutions for tank monitoring and fleet monitoring. The products have applications in multiple industries including healthcare, pharmaceutical, life sciences, food, building automation, and animal health.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 4.5% of this cohort's audience
Activity: 2 product launches announced in 12 mo
Funding rounds
  • Nov 2020Series A$6.5M
Founders & team
Nick TuttleCEO
Investors
Protective Technologies Capital, Valera Capital
Tech stack
Amazon Web ServicesApple Icloud MailBugherdCdnjsClickceaseCloudflare
#7
Series A · Lafayette, Indiana · founded 2011 · 7 employees
$3.2Mraised
▾

Speechvive is a medical device manufacturing company that has made a device designed for people with Parkinson's disease who have low vocal volume. SpeechVive detects the patient's speech and ​plays background noise in their ear; when they talk. This triggers a reflex in their brains that causes them to speak more loudly and clearly,​ without even thinking about it. The noise automatically turns off ​when they stop talking. When the user is not speaking, the SpeechVive device turns off the background sound, which enhances the patient's ability to hear and communicate. Speechvive is a Class 1 device.

Funding rounds
  • Apr 2020Series A$1.5M
  • Aug 2018Series A$1.5M
  • May 2016Grant (prize money)$1.3M
  • May 2016Series A$975K
Founders & team
Steve MogensenPresident & CEO
Investors
Ambassador Enterprises, Elevate Ventures, Purdue Foundry, Southwest Angel Network, SideCar Angels, Medical Angels International
Tech stack
Animate.CssAnime.JsCart FunctionalityCloudflareCloudflare Bot ManagementCookie Notice
#8
Series A · Indianapolis, Indiana · founded 2009 · 2 employees
$5Mraised
▾

Remote patient monitoring solutions enhancing value-based healthcare through connected medical devices. The company specializes in remote patient monitoring and telehealth solutions, offering a suite of connected medical devices designed to improve healthcare delivery. Their core product is a multi-vital signs monitor that enables remote data capture and real-time communication between clinicians and patients. This technology supports remote health, skilled nursing care, and point-of-care applications. The company's devices integrate seamlessly with existing Electronic Medical Records (EMR) and other software platforms through APIs, facilitating data upload and analysis. They focus on providing user-friendly, reliable, and secure solutions for healthcare providers, enabling better patient outcomes and reduced healthcare costs. The company's technology addresses critical needs in chronic disease management, post-hospital discharge care, and remote healthcare access, promoting patient autonomy and improving care coordination.

Funding rounds
  • May 2014Series A$5M
  • Jul 2010Seed—
Investors
AGS Capital, Elevate Ventures
#9
Acquired · Fishers, Indiana · founded 2018 · 23 employees
$2.8Mraised
▾

Qumulex offers cloud-based video surveillance & access control solution. The solution is also available for on-premise deployment. It supports all common operating systems such as Windows, Mac, iOS, and Android.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 3.7% of this cohort's audience
Funding rounds
  • Sep 2019Series A$2.8M
Founders & team
Tom BuckleyCo-FounderDan RittmanCo-Founder & President
Investors
IU Ventures
Tech stack
Amazon SesAmazon Web ServicesCloudflareCloudflare Bot ManagementGoogle AnalyticsHsts
#10
Acquired · Indianapolis, Indiana · founded 2012 · 97 employees
$2.8Mraised
▾

Telematics solutions provider for monitoring, tracking, and protecting vital assets. The company delivers flexible SaaS solutions enabling organizations to improve efficiency, safety, visibility, and compliance. They offer hardware, edge devices, and a telematics cloud platform with streaming services and AI capabilities. Their applications include fleet management, AI video safety, K-12 solutions, trucking telematics, and asset tracking. Serving industries like transportation, logistics, commercial fleets, supply chain, construction, connected car, industrial equipment, and the public sector. They provide resources like blogs, eBooks, case studies, webinars, and videos. The company focuses on innovation, customer success, and operational excellence, offering dependable and scalable solutions with global support.

Founders & team
Jon KingCEO & President
Investors
Flagship Pioneering, Fontinalis Partners, Ascent Venture Partners
Tech stack
WordpressMysqlPhpYoast SeoTrustarcNitropack
#11
Public · Indianapolis, Indiana · founded 1999 · 3 employees
$1.3Mraised
▾

Product development company for injury prevention in sports. They have developed three advanced ankle brace designs utilizing thermoplastic performance materials, for Ankle Injury Prevention-Ultra Zoom, Ankle Instability-Ultra High-5 and Acute Injury Treatment and Rehabilitation-Ultra CTS-Custom Treatment System.

Funding rounds
  • Aug 2017Unattributed$256.2K
  • Jan 2014Unattributed$307.4K
  • Dec 2012Unattributed$756.7K
Investors
Elevate Ventures
Tech stack
All In One SeoCart FunctionalityCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCore-Js
#12
Early Stage · Fishers, Indiana · founded 2007 · 7 employees
$1.9Mraised
▾

Prenatal education system nurturing cognitive development through auditory enrichment. The company focuses on deepening the bond between mother and baby through auditory enrichment. Their proprietary lessons are simple and easy to play, using rhythmic sounds to stimulate cognitive development. Parents, caregivers, and physicians report newborns are calm, alert, and develop consistent sleep habits. The system aims to provide babies with the best start, enhancing memory, language, and critical thinking skills. They strive to raise awareness about the link between a child’s earliest auditory environment and its impact on cognitive development. The vision is to integrate auditory enrichment into prenatal care, offering innovative products that assist parents in enriching their child’s lifelong learning capabilities. The system is an educational product, not a medical device.

Founders & team
Lisa JarrettFounder
Tech stack
Animate.CssBootstrapCart FunctionalityCdnjsCloudflareCloudways

Funding & investor landscape

$257.7Mtotal disclosed funding
14companies funded
41disclosed rounds
0rounds last 90 days
Most active investors
Elevate Ventures6 rounds
Purdue Foundry3 rounds
IU Ventures2 rounds
NIH2 rounds
10x Founders1 rounds
345 Partners1 rounds
ABS Capital1 rounds
AGS Capital1 rounds
Alchemist Accelerator1 rounds
Allos Ventures1 rounds

Notable founders

Jay Shah
Co-Founder & CEO · Neurava
Vivek Ganesh
Co-Founder & CTO · Neurava
Jeff Ready
CEO · Scale Computing
Matthew Wyatt
Founder & CEO · Recovery Force Health
Angik Sarkar
Co-Founder & CEO · Ixana
Shovan Maity
Co-Founder · Ixana
Nick Tuttle
CEO · Sonicu
Steve Mogensen
President & CEO · SpeechVive
Tom Buckley
Co-Founder · Qumulex
Dan Rittman
Co-Founder & President · Qumulex
Jon King
CEO & President · Synovia Solutions
Lisa Jarrett
Founder · BabyPlus
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 FROM Indiana · institutions

What Indiana researches in iot

24 papersstance +0.6146% breakthrough12% concern
breakthrough · advancement · concern
local research themes
Network Security and Intrusion DetectionEnergy Efficient Wireless Sensor NetworksIoT and Edge/Fog ComputingAnomaly Detection Techniques and ApplicationsSmart Grid Security and ResilienceAir Quality Monitoring and Forecasting
top institutions
  • Indiana University – Purdue University Indianapolis7
  • Indiana University Bloomington6
  • University of Indianapolis5
  • Indiana University – Purdue University Fort Wayne4
  • Indiana University Kokomo2

Common questions

How many Internet of Things - Industry Applications companies are there in Indiana, United States?
Radar tracks 43 indexable Internet of Things - Industry Applications companies headquartered in Indiana, United States that meet our profile-completeness bar.
What is the total funding raised by Internet of Things - Industry Applications companies in Indiana, United States?
The Internet of Things - Industry Applications companies in Indiana, United States on this list have raised a combined $257.7M in disclosed equity funding across 14 funded companies.
Which is the highest-funded Internet of Things - Industry Applications company in Indiana, United States?
Scale Computing is the highest-funded Internet of Things - Industry Applications company in Indiana, United States, with $214.7M in disclosed equity funding.
How many Internet of Things - Industry Applications companies in Indiana, United States are funded?
14 of the 43 Internet of Things - Industry Applications companies in Indiana, United States on this list have disclosed at least one equity funding round.
How many Internet of Things - Industry Applications unicorns are there in Indiana, United States?
None of the Internet of Things - Industry Applications companies in Indiana, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Indiana, United States Internet of Things - Industry Applications companies?
The most active investors in Indiana, United States Internet of Things - Industry Applications companies on this list include Elevate Ventures, Purdue Foundry, IU Ventures, NIH, 10x Founders.
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