Best Internet of Things - Industry Applications Companies in Menlo Park, United States
The 33 best Internet of Things - Industry Applications companies in Menlo Park, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Earlens Corporation.
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 Menlo Park
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Earlens Corporation Provider of hearing aids for people with less hearing power 62Funding top 17%Moat top 19%Tech top 27%Patents top 31% All 10 signals ▾Fundingtop 17% Moattop 19% Techtop 27% Patentstop 31% Innovationtop 36% Talenttop 38% Markettop 49% Globalbottom 47% Growthbottom 39% Newsbottom 21% Funding: Raised $326M across 15 rounds · 15 rounds over 16 yrs (0.9/yr) Moat: Editorial + unicorn rating 8/10 · IP moat: 362 patents rank vs industry peers · Fliar Intelligence Index 62/100 | $326M | 20 mo ago | Series E | 129 129 → 111 (-14%) | Rodney Perkins Founder | WordPressSentryApple iCloud Mail+49 | 359 patents Contact hearing aids with microactuator ear‑canal transducers and advanced noise reduction | — |
| 2 | Transcend Medical Glaucoma intervention devices | $122M | 141 mo ago | Acqui-Hired | 20 | — | — | — | — |
| 3 | One Concern Provider of AI-based disaster management solutions | $117M | 65 mo ago | Series B | 69 | — | WordPressMySQLPHP+26 | — | — |
| 4 | ZaiNar 🦄 Developer of wireless network technology for precise real time positioning 76Patents top 18%Innovation top 19%Growth top 26%Funding top 27% All 10 signals ▾Patentstop 18% Innovationtop 19% Growthtop 26% Fundingtop 27% Talenttop 28% Moattop 30% Techtop 44% Producttop 45% Marketbottom 43% Globalbottom 42% Patents: 118 patents matched (strict assignee match) · 102 filings since 2022 vs 16 in 2017-21 Innovation: 118 patents (top 16% of patent-holders) · 102 filings since 2022 vs 16 in 2017-21 rank vs industry peers · Fliar Intelligence Index 76/100 | $100M | 8 mo ago | Seed | 26 26 → 51 (+96%) | Jake Levy Co-Founder & COO | TurbopackNode.jsRadix UI+13 | 118 patents Precise RF-based indoor positioning and asset tracking using phase, TOA, and synchronization | — |
| 5 | Oculus Provider of VR-based head-mounted displays 78Growth top 25%Global top 25%Market top 26%Funding top 27% All 12 signals ▾Growthtop 25% Globaltop 25% Markettop 26% Fundingtop 27% Newstop 27% Patentstop 32% Moattop 35% Innovationtop 36% Producttop 44% Customerstop 49% Talentbottom 49% Techbottom 46% Global: Serving 60+ countries worldwide · Patents filed in 3 jurisdictions rank vs industry peers · Fliar Intelligence Index 78/100 | $91M | 51 mo ago | Acquired | 10,000 | Michael Antonov Co-Founder | MUIReactEmotion+2 | 781 patents AR/VR headsets: optics, eye/hand tracking, realistic rendering, acoustic processing, polymer actuation | — |
| 6 | Peloton Tech Saas-enabled platform offering autonomous and truck platooning system | $85M | 114 mo ago | Series B | 26 | — | — | — | — |
| 7 | Matrix Industries Developer of smartwatch which charges from body heat | $59M | 41 mo ago | Series B | 8 | Akram Boukai Co-Founder & CEO | Cart FunctionalitySquarespace CommerceSquarespace+15 | 267 patents Patents concentrated in health & consumer products | — |
| 8 | Promptu Provider of voice recognition and natural language understanding technology | $53M | 212 mo ago | Series C | 10 | — | — | — | — |
| 9 | Reconstruct SaaS-driven visual analytics platform for the AEC industry 50AI top 28%Funding top 30%Talent top 35%Moat top 37% All 11 signals ▾AItop 28% Fundingtop 30% Talenttop 35% Moattop 37% Producttop 46% Techtop 49% Patentstop 50% Innovationbottom 43% Globalbottom 39% Marketbottom 38% Newsbottom 18% AI: Holds AI/ML patents (G06N-family CPC) · Product described with: computer vision Funding: Raised $27.4M across 4 rounds · 4 rounds over 10 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $27M | 17 mo ago | Series B | 59 | Zak MacRunnels CEO | EnvoyAmazon Web Servicescore-js+8 | 10 patents 3D photogrammetric measurement and progress monitoring for construction and interior imaging | — |
| 10 | Latent AI Provider of an ML optimisation platform for edge applications 57AI top 25%Funding top 33%Growth top 35%Moat top 37% All 12 signals ▾AItop 25% Fundingtop 33% Growthtop 35% Moattop 37% Talenttop 38% Newstop 41% Techtop 45% Producttop 46% Patentstop 48% Innovationtop 49% Globalbottom 39% Marketbottom 29% AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC) Funding: Raised $22.5M across 2 rounds · 2 rounds over 7 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $22M | 14 mo ago | Series A | 13 | Jags Kandasamy Co-Founder & CEO | WordPressMySQLPHP+29 | 7 patents Adaptive, secure runtime optimization and execution of neural network models | — |
| 11 | Viaduct Provider of AI-driven vehicle telematics solution | $21M | 28 mo ago | Acquired | 16 | David Hallac Founder & CEO | — | 4 patents Machine‑learning‑based vehicle and driver identification from automotive telematics data | — |
| 12 | Seismic Provider of an apparel enhancing muscle strength solution targeting the elderly population | $16M | 81 mo ago | Series A | 23 | Kate Witherspoon Co-Founder | Cart FunctionalitySquarespace CommerceSquarespace+11 | 47 patents Seismic data compression/denoising and wearable assistive exosuit biomechanics technologies | — |
| 13 | VersaMe Ed-tech company empowering early childhood development through innovative technology | $9M | 125 mo ago | Deadpooled | 16 | — | — | 5 patents Wearable speech-to-text devices for real-time word counting and language analysis | — |
| 14 | Hatch Provider of smart sleep devices and digital content for adults and children | $9M | 92 mo ago | Series A | 5 | David Weiss Co-Founder & COO | Amazon WebstoreDatoCMSApple iCloud Mail+37 | 7 patents Flash smelting furnace burner/lance technology and contaminated process water treatment. | — |
| 15 | Sighthound AI-powered video solutions for privacy, vehicle recognition, and edge computing | $3M | 117 mo ago | Series A | 37 | — | SquarespaceCart FunctionalitySquarespace Commerce+26 | 11 patents Patents concentrated in computing, sensing & instrumentation | — |
| 16 | MindPirate Platform for wearble & IoE (Internet of Everything) app development & distribution | $2M | 159 mo ago | Seed | 11 | Shawn Hardin Founder & CEO | — | — | — |
| 17 | Thalchemy Provider of software for mobile devices and wearables for tracking activities | $650K | 115 mo ago | Seed | 5 | — | — | 8 patents Neuromorphic computing: hardware/software for event-driven neural network connectivity and sensor integration | — |
Top 12 Internet of Things - Industry Applications companies in Menlo Park
#1
ZaiNar 🦄Seed · Menlo Park, California · founded 2016 · 26 employees$100Mraised▾
Developer of wireless network technology for precise real time positioning. This platform utilizes existing cellular and wireless signals to provide sub-meter accuracy for tracking objects and equipment. The system functions by achieving sub-nanosecond time synchronization across wireless networks, enabling continuous location awareness without requiring additional hardware infrastructure. Applications include tracking medical devices, monitoring industrial equipment, and coordinating autonomous operations. The technology also provides terrestrial backup for positioning systems and improves data throughput in network environments.
- Feb 2026Angel$100M
- Sep 2018Seed—
#2
Series E · Menlo Park, California · founded 2005 · 129 employees$326.3Mraised▾
Provider of hearing aids for people with less hearing power. It develops a light-driven hearing aid that uses light to transmit sound. The device uses light and a small lens placed on the user's eardrum that directly activates your natural hearing system.
- Feb 2025Series E$8M
- Apr 2024Series E$18.8M
- Jan 2021Series E$33.2M
- Apr 2020Series D$12.2M
#3
Series A · Menlo Park, California · founded 2018 · 13 employees$22.5Mraised▾
Provider of an AI platform for deployment of binarised neural networks. It develops an AI platform to train, quantize and deploy edge AI neural networks. Enables AI, embedded and software application developers to manage AI for the edge. Claims to also enable optimization for computing, energy and memory without requiring changes to existing AI/ML infrastructure and frameworks. Offers tools known as LEIP Compress and LEIP Compile for compressing and compiling AI products.
- Aug 2025Series A—
- 2025Series A—
- Aug 2021Series A$19M
- Jul 2021Seed—
#4
Series B · Menlo Park, California · founded 2016 · 59 employees$27.4Mraised▾
SaaS-driven visual analytics platform for the AEC industry. The platform processes the data captured (such as video and images) by aerial drones, grounded cameras, and smartphones of construction sites for providing construction progress monitoring. It uses computer vision technology to automatically match the processed data to past and current images, creating a 4D (3D + time) visual record of the project site. Additionally, the platform offers insights on potential delays so that project teams can prevent the same before it surfaces on the job site.
- May 2025Series B—
- Jun 2021Series B$17.3M
- Mar 2019Series A$7.7M
- Sep 2017Seed$1.6M
#5
Acquired · Menlo Park, California · founded 2018 · 16 employees$21Mraised▾
Provider of AI-driven vehicle telematics solution. The company offers driver behavior monitoring, predictive analytics, enables to track vehicles condition, in-vehicle personalization, accident risk prediction, incident alerts, claims management, and more.
- Jun 2024Series B$10M
- Jan 2024Series A—
- Jun 2020Series A$11M
#6
Series B · Menlo Park, California · founded 2011 · 8 employees$59.3Mraised▾
Developer of smartwatch which charges from body heat. The device uses the company's thermoelectric platform technology which uses temperature gradient to generate electricity that is used to charge the battery of the watch. The company calculates bio-matrices like calories burned, activity level and sleep quality based on the electric power generated. The company's tech can also be used to power implants or sensors.
- May 2023Series B$21M
- Jun 2020Series B$6.6M
- Jul 2018Series B$250K
- Jun 2017Series B$17.3M
#7
Acquired · Menlo Park, California · founded 2012 · 10000 employees$91Mraised▾
Provider of VR-based head-mounted displays. It offers head-mounted devices for the gaming VR experience that has to be connected to the computer or smartphone. Its features include an integrable mobile app, LCD, built-in storage, gesture controls, and more.
- Aug 2022Series B$8M
- May 2022Series B$8.1M
- Dec 2013Series B$75M
- Jun 2013Series A$16M
#8
Series B · Menlo Park, California · founded 2015 · 69 employees$116.6Mraised▾
Provider of AI-based disaster management solutions. It estimates damage caused by a natural disaster using artificial intelligence and natural phenomenon science. Provides emergency operations center with instant situation awareness which would let the disaster recovery and resource allocation be more efficient. Uses predictive analytics to create post-disaster damage maps to help in recovery. Also provides planning platforms to be prepared for the next incident.
- Jun 2021Series B$45M
- Sep 2020Series B$15M
- Nov 2019Series B$36.6M
- Dec 2017Series A$20M
#9
Acqui-Hired · Menlo Park, California · founded 2006 · 20 employees$122.3Mraised▾
Transcend Medical is a medical device company dedicated to developing minimally invasive glaucoma interventions for the ophthalmic surgeons. The CyPass Micro-Stent is the first micro-invasive glaucoma stent designed to reduce IOP by enhancing aqueous outflow to the suprachoroidal space, one of the eye's natural, alternative drainage pathways. Implanted in the supraciliary space, the CyPass device bypasses the ciliary body by creating a stented micro-cyclodialysis and enhancing the same outflow system targeted by prostaglandin analogues, the most effective medical treatment for IOP.
- Jan 2015Series C$29.3M
- Jul 2011Series B$51M
- Jun 2009Series B$35M
- Nov 2006Series A$7M
#10
Series B · Menlo Park, California · founded 2011 · 26 employees$84.7Mraised▾
Saas-enabled platform offering autonomous and truck platooning systems. Peloton’s system uses radar and DSRC vehicle-to-vehicle communications to link active safety systems between pairs of trucks, reducing collision-related expenses and fuel costs. It offers hardware-enabled system to clients.
- Apr 2017Series B$65.3M
- Jul 2015Series A—
- Jun 2015Series A—
- Apr 2015Series A$17M
#11
Series C · Menlo Park, California · founded 2000 · 10 employees$52.9Mraised▾
Promptu provides voice recognition solutions for developers. Its spoken language understanding platform, also known as Intellgo, is based on two components namely an open dictation automatic speech recognition (ASR) to convert the user's natural speech into text and natural language understanding (NLU) to extract the text's meaning. Its ASR technology comprises of vocabulary and language model are tailored to the words and phrases of the application domain such as business search, command and control, or audio and video content selection. Its NLU technology uses rules to fine-tune system responses and claims that that semantic network is pre-populated with 300,000-word lemmas and collocations, and includes a preprocessing step that performs part-of-speech labeling, lemmatization, and word sense disambiguation. The solution can be accessed via the cloud or can be fully embedded to the host device. The target market includes the automotive sector, consumer electronics and more.
- Feb 2009Series C$7.1M
- Feb 2007Series C$5.6M
- Sep 2006Series B$11.6M
- May 2005Series B$22.1M
#12
Series A · Menlo Park, California · founded 2015 · 23 employees$16.4Mraised▾
Provider of an apparel enhancing muscle strength solution targeting the elderly population. The technology was developed to manage injury risk and enhance soldiers’ endurance while carrying heavy loads. The connected exoskeleton can be worn under any apparel that would add intelligent wearable strength and natural movement ability for muscles and joints.
- Jan 2020Series A—
- Oct 2018Series A—
- Dec 2017Series A$6.2M
- May 2017Series A$10.2M
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
Common questions
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