Best Internet of Things - Industry Applications Companies in Malaysia
The 65 best Internet of Things - Industry Applications companies in Malaysia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: PolicyStreet.
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 Malaysia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | PolicyStreet Insurance technology platform providing digital insurance solutions | $24M | 37 mo ago | Series B | Wilson Beh Co-Founder | 2016 | TypeScriptGoogle CloudZone.js+16 | — |
| 2 | Asia Mobility Provider of data products and mobility solutions for transit digitalization | $1M | 43 mo ago | Seed | Ramachandran Muniandy Co-Founder & CEO | 2018 | WordPressPleskMySQL+25 | — |
| 3 | Katsana Provider of web-based fleet management and GPS tracking services | $890K | 114 mo ago | Seed | — | 2013 | Tailwind CSSReactGatsby+16 | 1 launch · 1 partnership |
| 4 | Govicle Provider of smart applications, system integration, and Internet of Things solutions | $380K | 63 mo ago | Seed | Rozaida Ali Co-Founder | 2017 | WordPressMySQLPHP+22 | — |
| 5 | Tracker Hero Workforce management system | — | 90 mo ago | Seed | Afiq Ishak Co-Founder & COO | 2017 | WordPressMySQLPHP+26 | 1 partnership |
| 6 | Baucar Beacon-based marketing app | — | 143 mo ago | Deadpooled | Arsyan Ismail Founder & CEO | 2011 | — | — |
| 7 | ACO Tech Saas and IoT-enabled platform offering connected car application development solutions | — | — | Unfunded | Pu Li Chief Executive Officer | 2019 | WordPressApple iCloud MailMicrosoft 365+35 | 3 partnerships |
| 8 | Active Telematics IoT-based solutions for fleet management and vehicle tracking applications | — | — | Unfunded | Omar Hatmi Co-Founder & Managing Director | 2014 | — | — |
Top 6 Internet of Things - Industry Applications companies in Malaysia
#1
Series B · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2016 · 75 employees$23.7Mraised▾
Provider of online insurance services intended to democratize the insurance industry. The company's platform curates new products and policies that fit the lifestyle needs of the people, enabling customers to buy the policies directly and avail of all the services.
#2
Seed · Selangor · founded 2018 · 23 employees$1.1Mraised▾
Provider of data products and mobility solutions for transit digitalization. The company offers a platform approach with hardware and software for mobility data. This data is applied to intelligent transit services and IoT applications. These applications include telematics, condition monitoring, parking detection, and journey planning. The company also provides demand responsive transit and mobility-as-a-service.
- Oct 2022Seed$1.1M
- 2020Seed—
- 2019Seed—
#3
Seed · Selangor · founded 2017 · 26 employees$380.2Kraised▾
Provider of smart applications, system integration, and Internet of Things solutions. The company delivers system integration by connecting internal and external systems. It offers solutions for smart parking, servicing, security, ticketing, and agent services. The company also provides Internet of Things solutions, offering businesses a complete package ready for implementation.
- Mar 2021Seed$380.2K
#4
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2013 · 30 employees$890Kraised▾
Provider of web-based fleet management and GPS tracking services. Its prediction engine tracks driver behavior patterns, scoring drivers based on actual risk on the road, and engaging them to become better drivers. It provides GPS tracking and fleet management solution. It uses web technology and a modern user interface. It employs advanced GPS trackers that utilize both GPS and GLONASS positioning systems. It provides redundancy and augmented precision capability.
- Dec 2016Seed$890K
- 2016Venture Debt—
- 2016Grant (prize money)—
#5
Seed · Cyberjaya, Selangor · founded 2017 · 18 employees$244.6Kraised▾
TrackHero is a workforce management system. It is a suite of hardware and software solutions which enable the organization to manage the workforce. It includes security workforce management, visitor management, and smart city complaint system. The features include real-time tracking and incident management. It can be used in sectors such as construction, telecommunication, logistics, and oil & gas. Customers include Magic, Prima, Strategy Service, and My Town.
- Dec 2018Seed—
#6
Deadpooled · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2011—raised▾
Baucar is a customer facing app that utilizes BLE (Bluetooth Low Energy) beacons to push on-going deals in-store to the user. For merchants, it acts as a marketing platform. The app detects shoppers when they are inside/near the store and pushes relevant deals and offers. The app also keeps track of shoppers entering stores and awards them points upon check-in.
- Jul 2014Seed—
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 Malaysia
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 909 Malaysia-affiliated papers.
- University of Technology Malaysia78
- Multimedia University73
- Universiti Teknologi MARA63
- National University of Malaysia62
- University of Malaya45
- Wireless sensor network1→33
- Cloud computing1→22
- Computer network1→21
- Real-time computing1→12
- MQTT1→10
- Wireless sensor network10→41
- Embedded system1→31
- Scalability1→21
- Computer network3→21
- Software deployment1→19
- Computer security2→18
- Internet privacy1→9
- Scalability1→8
- Software deployment1→8
- Data science1→7
Where iot is researched across Malaysia
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.