Best Internet of Things - Industry Applications Companies in Minneapolis, United States
The 31 best Internet of Things - Industry Applications companies in Minneapolis, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Hara.
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 Minneapolis
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Hara Cloud-based solution for energy and sustainability management | $45M | 185 mo ago | 630 | — | — | — | — | — |
| 2 | 75F Provider of IoT-based building energy management systems 53Tech top 26%Funding top 33%Moat top 36%Growth top 40% All 11 signals ▾Techtop 26% Fundingtop 33% Moattop 36% Growthtop 40% Producttop 40% Marketbottom 49% Talentbottom 49% Globalbottom 45% Fin. healthbottom 41% Customersbottom 30% Newsbottom 21% Tech: 40 technologies across 6/8 capability areas · Cloud: Cloudflare, Netlify Funding: Raised $36.3M across 10 rounds · 10 rounds over 12 yrs (0.8/yr) rank vs industry peers · Fliar Intelligence Index 53/100 | $36M | 21 mo ago | 175 | Deepinder Singh Co-Founder & CEO | DatoCMSSentryApple iCloud Mail+23 | Top 10M | — | — |
| 3 | RxFunction Provider of wearable prosthesis for people with sensory peripheral neuropathy | $19M | 48 mo ago | 30 | Lars Oddsson CTO & Co-Founder | WordPressApple iCloud MailMicrosoft 365+23 | Top 5M | 26 patents Wearable sensory feedback systems for gait and balance rehabilitation in prosthetics | — |
| 4 | Sleep Number Provider of smart beds and sleep technology for personalized comfort and wellness | $10M | 204 mo ago | 2,328 | Robert Walker Co-Founder | Amazon WebstoreCart FunctionalityApple iCloud Mail+39 | Top 50k | 781 patents Smart adjustable air mattresses with integrated health monitoring and temperature regulation. | — |
| 5 | Prevent Biometrics Provider of wearable devices to detect concussion-causing impacts in sports | $9M | 57 mo ago | 17 17 → 32 (+88%) | Steve Washburn Co-Founder & CEO | — | — | 22 patents Wearable head/impact sensors for sports concussion and blast injury monitoring | — |
| 6 | BioCoach Provider of smart device and app for tracking body vital parameters | $4M | 55 mo ago | 14 | Matt Payne Founder & CEO | — | — | — | — |
| 7 | OrthoCor Medical Pulsed Electromagnetic Field therapy, a non invasive approach to pain relief | $2M | 174 mo ago | 11 | — | WordPressMySQLPHP+28 | Top 10M | — | — |
| 8 | The Energy Detective Energy management solution for residential and commercial applications | $2M | 201 mo ago | 7 | Scott Anderson Co-Founder | Cart FunctionalityApache HTTP ServerjQuery UI+9 | Top 50M | — | — |
| 9 | HabitAware Smart bracelet and system for body-focused repetitive behavior awareness | $770K | 39 mo ago | 8 | — | Cart FunctionalityShopifyGlopal+29 | Top 5M | — | — |
| 10 | SuraMedical Provider of a wearable device for chronic wound care | $299K | 62 mo ago | 4 | Jonathan Engel Co-Founder and Chief Technology Officer | — | — | 2 patents Sensor-based monitoring systems for chronic lower‑extremity wound treatment and assessment | — |
| 11 | CoraVie Developer of FDA-approved patent-pending devices for the treatment of cardiac health | $295K | 51 mo ago | 2 | — | — | — | — | — |
| 12 | FLUID Labs Smart water meter for home water management | $115K | 118 mo ago | 4 | Joshua Becerra Co-Founder | — | — | — | — |
Top 12 Internet of Things - Industry Applications companies in Minneapolis
#1
Series B · Minneapolis, Minnesota · founded 2012 · 175 employees$36.3Mraised▾
Provider of IoT-based building energy management systems. These systems utilize smart sensors and controls to optimize building efficiency, improving indoor air quality and reducing energy consumption. The company offers a suite of software and hardware components, including sensors, controllers, and mobile applications, to provide comprehensive building automation. This includes features such as predictive analytics and remote access capabilities for facility management. The systems are designed for various building types, enabling customized solutions to meet specific needs. The company also provides support and resources to help clients optimize comfort and savings.
- Feb 2025Series B$45M
- Jul 2021Series A$5M
- Apr 2021Series A—
- Mar 2021Series A$4.8M
#2
Series B · Minneapolis, Minnesota · founded 2010 · 30 employees$19.4Mraised▾
RxFunction provides wearable prostheses for people with sensory peripheral neuropathy. It develops advanced balance technology solutions, aiming to aid patients with loss of balance. The product consists of a leg unit and a footpad (insoles). The product's insoles measure the patient's foot pressure and provide real-time tactile sensory cues to help control balance and stability. The leg unit wraps around the lower leg of the user and contains electronics for reading the insole signals, a microprocessor as well as four vibrating motors that provide tactile sensory cues to the user.
- Oct 2022Series B$5M
- Jan 2021Series A$292.4K
- Dec 2020Series A$4M
- Mar 2020Series A$4M
#3
Series B · Minneapolis, Minnesota · founded 2015 · 17 employees$9.2Mraised▾
Provider of wearable devices to detect concussion-causing impacts in sports. It offers a connected mouthguard that monitors data related to the direction, force, and location of the impact. The data is analyzed in real-time to detect if the impact is dangerous and an alert message is sent to the coach using a mobile app to the coach. It caters to multiple sports like football and rugby.
- Feb 2022Series B$5M
- Apr 2017Series A$3.8M
- Jan 2017Grant (prize money)$2.9M
- Jan 2016Seed$300K
#4
Acqui-Hired · Minneapolis, Minnesota · founded 2008 · 630 employees$45Mraised▾
Cloud-based solution for energy and sustainability management. It provides energy and sustainability professionals information to analyze, track, report, and execute cost-saving measures from water management, waste management, and other segments. Its platform compiles compliance requirements, efficiency targets, and operational improvements reports for measuring the effect of the measures on sustainability.
- May 2011Series C$25M
- Sep 2009Series B$14M
- May 2009Series A$6M
#5
Seed · Minneapolis, Minnesota · founded 2015 · 8 employees$770Kraised▾
Smart bracelet and system for body-focused repetitive behavior awareness. They offer a smart bracelet and strategy course designed to bring awareness to unwanted hand movements associated with Body-Focused Repetitive Behaviors (BFRB) like trichotillomania, dermatillomania, and onychophagia. The company provides tools and resources to help individuals retrain their brain, reclaim peace, and manage these behaviors. They offer a methodology that includes awareness, behavior replacement strategies, and community support through virtual peer coaching and an online community. Their offerings include a smart bracelet, Apple Watch app, strategy courses, and accessories. They aim to reduce stigma around mental health and BFRBs, offering support for individuals and professionals. They provide resources, connect with others, and raise awareness for those managing BFRBs. They are a tech company with a social impact, offering a product to address mental health challenges.
- Aug 2023Grant (prize money)$819.5K
- Jul 2019Grant (prize money)$269.7K
- Jun 2018Grant (prize money)$3.4M
- Mar 2018Seed—
#6
Seed · Minneapolis, Minnesota · founded 2018 · 14 employees$4Mraised▾
Developer of medical devices and sensors designed to combat the global diabetic pandemic. The company has developed medical sensors that help people monitor biomarkers to get feedback on the current state of their health and provides this data to the company's proprietary applications to get health assistance in the form of meal plans, coaching as well as education, enabling users to access improved health and lifestyle educational information, maintain fitness virtually through keto diets.
#7
Acquired · Minneapolis, Minnesota · founded 1987 · 2328 employees$10Mraised▾
Provider of smart beds and sleep technology for personalized comfort and wellness. The company designs and produces a range of sleep products, including smart adjustable bases, mattresses in various sizes, and a selection of bedding such as sheets, pillowcases, blankets, and pillows. It also offers bed accessories and furniture, such as upholstered headboards. The product line is designed to enhance sleep quality and comfort.
- Oct 2009Post IPO$10M
#8
Acquired · Minneapolis, Minnesota · founded 2007 · 11 employees$2.4Mraised▾
OrthoCor Medical, a medical device company, has developed OrthoCor™ Active System™. It delivers their patented Pulsed Electromagnetic Field therapy which is a non invasive approach to pain relief. A microchip is present inside every system that delivers PEMF directly to the source of injuries. PEMF is a low-level, time-varying electromagnetic field that penetrates superficial soft tissue, and helps in accelerating body’s natural anti-inflammatory and recovery responses.
- May 2012Angel$2.4M
- Feb 2010Seed$16K
#9
Funding Raised · Minneapolis, Minnesota · founded 2020 · 2 employees$295Kraised▾
Developer of FDA-approved patent-pending devices for the treatment of cardiac health
- Aug 2022Grant (prize money)$295K
#10
Seed · Minneapolis, Minnesota · founded 2001 · 7 employees$2Mraised▾
Energy management solution for residential and commercial applications. Provides an electricity monitor that will help lower the electricity bill by providing real-time data on a wireless display and interactive software. Inside the breaker panel, Current Transformers (CTs) are clamped around the main incoming wires to provide an accurate electrical reading of the amount of electricity the building is using.
- Jan 2010Seed$2M
#11
Seed · Minneapolis, Minnesota · founded 2016 · 4 employees$298.8Kraised▾
Provider of a wearable device for chronic wound care. It offers connected wearables for the treatment of chronic leg wounds in the setting of leg edema. It allows patients to be compliant with walking and leg elevation and monitor for saturation of the primary wound dressing and pressure applied by the compression bandage. It also offers a companion cloud-based application that monitors patient activity and dressing status and provides real-time insights.
- Sep 2021Grant (prize money)$298.8K
- Jul 2018Seed—
- 2018Seed—
#12
Deadpooled · Minneapolis, Minnesota · founded 2014 · 4 employees$115Kraised▾
Smart water meter for home water management. The meter can be clamped to any pipe or fixture and then can be accessed through the app. The meter can detect leaks and update the user on the consumption patterns.
- Dec 2016Seed$115K
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 the United States
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 5,209 United States-affiliated papers.
- Northeastern University115
- ASA College91
- Saint Joseph's College77
- Purdue University West Lafayette72
- Film Independent72
- Scalability22→265
- Wireless45→271
- Computer security23→248
- Embedded system9→159
- Wireless sensor network171→318
- Computer security9→144
- Key (lock)5→135
- Wireless37→141
- Cloud computing12→106
- Embedded system5→99
- Key (lock)16→68
- Computer security47→96
- Cloud computing14→59
- Big data9→41
- Software deployment14→39
Where iot is researched across United States
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.
Who's filing iot patents in the United States
United States iot patent filing is cooling — 369,375 filings from 8,000 assignees (2016–2025), led by Qualcomm, IBM, Microsoft; annual filings 39513→23806.
- Qualcomm51986
- IBM27040
- Microsoft24209
- Intel18299
- Apple15099
- Google14743
- Cisco10414
- AT & T IP I8075
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.