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Radar · Internet of Things - Industry Applications in Minnesota

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

The 75 best Internet of Things - Industry Applications companies in Minnesota, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: IntriCon.

75companies tracked
$318.7Mdisclosed funding
0unicorns
23have raised
FLIAR INTELLIGENCE · INTERNET OF THINGS - INDUSTRY APPLICATIONS × MINNESOTA

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
172kcombined LinkedIn audience
74%of audience held by top 3
2companies hiring publicly (12 mo)

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

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackWeb popularityPatents & IP focusRecent signals
1IntriCon
Developer of hearing aid
$95M94 mo ago1,000Mark Gorder
Founder & Director
WordPress Block EditorWordPressApple iCloud Mail+27Top 10M51 patents
Personalized hearing aid fitting algorithms and advanced microphone sensor technologies
1 partnership
2Arable
Provider of crop intelligence solutions for optimizing irrigation and water stewardship
$78M46 mo ago98James Ethington
CEO
WordPressMySQLMariaDB+36Top 5M30 patents
Precision agri sensing: acoustic disdrometers, aerial image correction, canopy‑based nitrogen dosing.
—
3Hara
Cloud-based solution for energy and sustainability management
$45M181 mo ago630—————
475F
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
$36M16 mo ago175Deepinder Singh
Co-Founder & CEO
DatoCMSSentryApple iCloud Mail+23Top 10M—1 partnership · 1 expansion
5RxFunction
Provider of wearable prosthesis for people with sensory peripheral neuropathy
$19M43 mo ago30Lars Oddsson
CTO & Co-Founder
WordPressApple iCloud MailMicrosoft 365+23Top 5M26 patents
Sensory nerve stimulation and feedback systems for gait and balance enhancement
2 job openings · 1 award
6Sleep Number
Provider of smart beds and sleep technology for personalized comfort and wellness
$10M200 mo ago2,328Robert Walker
Co-Founder
Amazon WebstoreCart FunctionalityApple iCloud Mail+39Top 50k781 patents
adjustable air mattress sleep systems with health monitoring and temperature control
—
7Prevent Biometrics
Provider of wearable devices to detect concussion-causing impacts in sports
$9M52 mo ago17
17 → 32 (+88%)
Steve Washburn
Co-Founder & CEO
——22 patents
Wearable head impact and blast monitoring sensors for sports and military concussion prevention
2 awards
8Vios Medical
Remote patient monitoring system for healthcare providers
$6M134 mo ago35—WordPressMySQLPHP+36Top 10M——
9DigitalTown
Provider of a platform for smart city services
$5M97 mo ago16—————
10BioCoach
Provider of smart device and app for tracking body vital parameters
$4M51 mo ago14Matt Payne
Founder & CEO
————
11Caerus Corp
Provider of wearable devices for dog monitoring
$3M119 mo ago87—WordPressApple iCloud MailMySQL+21Top 50M5 patents
Real-time thermal monitoring and compliance sensors for medical therapy devices
—
12OrthoCor Medical
Pulsed Electromagnetic Field therapy, a non invasive approach to pain relief
$2M169 mo ago11—WordPressMySQLPHP+28Top 10M—3 launchs
13The Energy Detective
Energy management solution for residential and commercial applications
$2M197 mo ago7Scott Anderson
Co-Founder
Cart FunctionalityApache HTTP ServerjQuery UI+9Top 50M——
14Geneticure
Personalized hypertension treatment through DNA analysis for better medication selection
$1M110 mo ago9———19 patents
Genetic diagnostics and therapeutics for hypertension and coronavirus infections
—
15HabitAware
Smart bracelet and system for body-focused repetitive behavior awareness
$770K34 mo ago8—Cart FunctionalityShopifyGlopal+29Top 5M——
16Harbinger Medical
Risk stratification system for cardiac disorders
$550K193 mo ago—Harold H. Hoium
Co-Founder
————
17SuraMedical
Provider of a wearable device for chronic wound care
$299K57 mo ago4Jonathan Engel
Co-Founder and Chief Technology Officer
——2 patents
Wearable sensor systems for chronic lower‑extremity wound monitoring and management
—
18CoraVie
Developer of FDA-approved patent-pending devices for the treatment of cardiac health
$295K46 mo ago2—————
19Nonin Medical
Noninvasive medical monitoring solutions
$148K132 mo ago176
176 → 255 (+45%)
—WordPressApple iCloud MailMicrosoft 365+33Top 5M169 patents
Nonin Medical patents cover non‑invasive wearable physiological monitoring, especially pulse oximetry and respiration detection.
1 job opening · 1 launch
20FLUID Labs
Smart water meter for home water management
$115K113 mo ago4Joshua Becerra
Co-Founder
————

Top 12 Internet of Things - Industry Applications companies in Minnesota

#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.

Fliar Intelligence Index™ 53how this company ranks against its industry peers
Tech
top 26%
Funding
top 33%
Moat
top 36%
Growth
top 40%
Product
top 40%
Market
bottom 49%
Tech: 40 technologies across 6/8 capability areas · Cloud: Cloudflare, Netlify · Devops: Envoy
Funding: Raised $36.3M across 10 rounds · 10 rounds over 12 yrs (0.8/yr) · Last round Series B (Feb 2025)
Moat: Editorial + unicorn rating 7/10 · Soonicorn · 10 curated direct competitors tracked
Audience (LinkedIn): 11k LinkedIn followers — 6.3% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 1 expansions (incl. 75F HQ) announced in 12 mo
Funding rounds
  • Feb 2025Series B$45M
  • Jul 2021Series A$5M
  • Apr 2021Series A—
  • Mar 2021Series A$4.8M
Founders & team
Deepinder SinghCo-Founder & CEO
Investors
Google, WIND Ventures, Southern Minnesota Initiative Foundation, Gopher Angels, Evergreen Climate Innovations, Next47
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementCore-JsDatocmsEnvoy
#2
Series C · Princeton, Minnesota · founded 2014 · 98 employees
$78Mraised
▾

Provider of crop intelligence solutions for optimizing irrigation and water stewardship. The company offers tools for monitoring rainfall, crop water usage, and irrigation data. These tools deliver insights and field visibility, making data actionable for irrigation decisions. The company equips enterprises with reporting and data to deliver on water goals.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 35k LinkedIn followers — 20.1% of this cohort's audience
Activity: 1 partnerships (incl. Amazon) announced in 12 mo
Funding rounds
  • Jul 2022Series C$40M
  • Oct 2020Series B$20.1M
  • Aug 2017Series A$3M
  • Apr 2017Series A$100K
Founders & team
James EthingtonCEO
Investors
Cantos Ventures, Chasefield Capital, Middleland Capital, S2G Investments, Spark Labs, America’s Seed Fund
Tech stack
Amazon Web ServicesAnimate.CssAtlassian StatuspageCloudflareCloudflare Bot ManagementCookie Notice
#3
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Hiring: 7 hiring posts in 12 mo (public) · momentum +7 · hiring: Fieldmaker CRM Developer, Patient Support Specialist - Med Device
Activity: 1 awards announced in 12 mo
Funding rounds
  • Oct 2022Series B$5M
  • Jan 2021Series A$292.4K
  • Dec 2020Series A$4M
  • Mar 2020Series A$4M
Founders & team
Lars OddssonCTO & Co-FounderDan LeachCo-FounderMary AndersonCEO
Investors
Cedar Point Capital, HHS
Tech stack
All In One SeoApple Icloud MailBootstrapCdnjsCloudflareCloudflare Bot Management
#4
Acquired · Arden Hills, Minnesota · founded 1977 · 1000 employees
$94.9Mraised
▾

IntriCon is a developer of body-worn devices and electronic products. The company has developed proprietary miniature hearing aids and biomedical solutions. The connected hearing aids monitor the hearing and remotely adjust the hearing quality.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 5.7% of this cohort's audience
Activity: 1 partnerships (incl. Minnetronix Medical) announced in 12 mo
Funding rounds
  • Aug 2018Post IPO$94.9M
Founders & team
Mark GorderFounder & DirectorScott LongvalPresident and CEO
Investors
Redmile Group
Tech stack
WordpressMysqlPhpKadence Wp KadenceGutenbergAmazon Web Services
#5
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 3 awards announced in 12 mo
Funding rounds
  • Feb 2022Series B$5M
  • Apr 2017Series A$3.8M
  • Jan 2017Grant (prize money)$2.9M
  • Jan 2016Seed$300K
Founders & team
Steve WashburnCo-Founder & CEOMike ShogrenChief Executive Officer
Investors
Phoenix Capital Ventures, Military Health, Maxim Ventures, Phoenix Investment Club
Tech stack
WordpressMysqlPhpUnixPopup MakerContact Form 7
#6
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 774 LinkedIn followers
Funding rounds
  • Aug 2023Grant (prize money)$819.5K
  • Jul 2019Grant (prize money)$269.7K
  • Jun 2018Grant (prize money)$3.4M
  • Mar 2018Seed—
Investors
America’s Seed Fund, HAX, HHS, Pine Grove Management, SOSV, Backstage Capital
Tech stack
American ExpressApple PayCart FunctionalityCdnjsCloudflareCore-Js
#7
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.

Funding rounds
  • May 2011Series C$25M
  • Sep 2009Series B$14M
  • May 2009Series A$6M
Investors
Kleiner Perkins, Nth Power, Icon Ventures, ETV, Focus Ventures, Navitas Capital
#8
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.

Founders & team
Matt PayneFounder & CEO
Investors
SecretLab
#9
Deadpooled · Burnsville, Minnesota · founded 2004 · 16 employees
$5.1Mraised
▾

Provider of a platform for smart city services. DigitalTown offers a platform for aggregating city services and connecting citizens and communities to multiple city services. The platform allows access to city services provided by multiple sellers on a centralized online portal, both via mobile and desktop devices. Digital Town partners with Epik, Daktronics and Locker. DigitalTown acquired Cloud. Market on 9th March 2016.

Funding rounds
  • May 2018Post IPO$2.4M
  • Apr 2018Post IPO$1M
  • Oct 2015Post IPO$37.5K
  • Apr 2012Post IPO$1.5M
Investors
TRITON FUNDS, Pithia
#10
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.

Funding rounds
  • Oct 2009Post IPO$10M
Founders & team
Robert WalkerCo-FounderJoAnn WalkerCo-FounderCraig BensonDirector Of Sales Operations
Investors
Norwest
Tech stack
AddshoppersAdobe AnalyticsAdobe Audience ManagerAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAmazon Alb
#11
Acquired · Saint Paul, Minnesota · founded 2012 · 35 employees
$5.7Mraised
▾

Vios Medical develops remote patient monitoring solutions for healthcare providers that result in better patient outcomes. Its solution, The Vios Monitoring System connects patient-worn sensors, including a chest sensor and pulse oximeter, with a bedside and central station monitor to analyze, display and centralize patient data in near real-time. The first generation of the Vios Monitoring System has received Food and Drug Administration (FDA) 510(k) clearance. The device is not currently available in the United States.

Funding rounds
  • Mar 2015Series A$4M
  • Jun 2013Seed$1.7M
Investors
Global Incubation Services
Tech stack
Amazon S3Amazon Web ServicesAstraBootstrapCdnjsCloudflare
#12
Series A · Arden Hills, Minnesota · founded 2015 · 87 employees
$3.3Mraised
▾

Provider of wearable devices for dog monitoring. It offers a range of branded products including dog braces based on their rehabilitation therapies, pain relief braces, and prosthetics. It also develops a wearable pain relief device to prevent back pain and manage Invertebral disk disease in small breeds.

Funding rounds
  • Jul 2016Series A$75K
  • Jan 2016Series A$2.5M
  • Dec 2015Seed$750K

Funding & investor landscape

$318.7Mtotal disclosed funding
22companies funded
70disclosed rounds
0rounds last 90 days
Most active investors
HHS4 rounds
America’s Seed Fund2 rounds
Imagine H2O2 rounds
National Science Foundation2 rounds
3M1 rounds
415 CAPITAL1 rounds
Accurant International1 rounds
Ajax Strategies1 rounds
Alumni Ventures1 rounds
Angel Capital Association1 rounds

Notable founders

Deepinder Singh
Co-Founder & CEO · 75F
James Ethington
CEO · Arable
Lars Oddsson
CTO & Co-Founder · RxFunction
Dan Leach
Co-Founder · RxFunction
Mark Gorder
Founder & Director · IntriCon
Scott Longval
President and CEO · IntriCon
Steve Washburn
Co-Founder & CEO · Prevent Biometrics
Mike Shogren
Chief Executive Officer · Prevent Biometrics
Matt Payne
Founder & CEO · BioCoach
Robert Walker
Co-Founder · Sleep Number
JoAnn Walker
Co-Founder · Sleep Number
Scott Anderson
Co-Founder · The Energy Detective
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 MINNESOTA · Networking & Security

How research on Iot in Minnesota is moving

A read on the academic research around Iot in Minnesota — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 48 papers.

48 papers · stance +0.61 · 50% breakthrough · 15% concern
breakthrough · advancement · concern
top institutions
  • University of Minnesota32
  • Minnesota State University, Mankato5
  • Minnesota Department of Corrections3
  • Southwest Minnesota State University3
  • Saint Mary\'s University of Minnesota2
leading researchers
Georgios B. Giannakis · Tian He · Yu Gu · Ioannis D. Schizas · Alejandro Ribeiro · Bhanuprakash Madupati
prism intelligence · tone & topics
94% positive · 4% critical tone
Computer ScienceMachine LearningTelecommunicationsArtificial IntelligenceRoboticsCybersecurity
▲ Breakthroughs24 · 50%
▼ 58%→44% share
▼0.8× share momentum152 median citations33% since 2021mostly methods-led
Breakthroughs are cooling (58%→44% of field), led by Wireless sensor network.
rising sub-themes (early→recent)
  • Wireless sensor network17
  • Wireless4
  • Estimator4
  • Heuristic3
  • Computer network3
Landmark Distributed LMS for Consensus-Based In-Network Adaptive Processing · 377 cites
◆ Advancements17 · 35%
▲ 29%→39% share
▲1.3× share momentum151 median citations41% since 2021mostly methods-led
Advancements are rising (29%→39% of field), led by Wireless.
rising sub-themes (early→recent)
  • Wireless2→3
Newly emergingInternet of Things 0→3
Landmark Silent Positioning in Underwater Acoustic Sensor Networks · 307 cites
▼ Concerns7 · 15%
▲ 12%→17% share
▲1.4× share momentum172 median citations43% since 2021mostly reviews
Concerns are rising (12%→17% of field), led by Internet of Things.
rising sub-themes (early→recent)
  • Internet of Things4
  • Key (lock)3
  • Data science3
  • Cloud computing2
  • Big data2
Landmark Meta-principles for developing smart, sustainable, and healthy cities · 400 cites

Common questions

How many Internet of Things - Industry Applications companies are there in Minnesota, United States?
Radar tracks 75 indexable Internet of Things - Industry Applications companies headquartered in Minnesota, United States that meet our profile-completeness bar.
What is the total funding raised by Internet of Things - Industry Applications companies in Minnesota, United States?
The Internet of Things - Industry Applications companies in Minnesota, United States on this list have raised a combined $318.7M in disclosed equity funding across 22 funded companies.
Which is the highest-funded Internet of Things - Industry Applications company in Minnesota, United States?
IntriCon is the highest-funded Internet of Things - Industry Applications company in Minnesota, United States, with $94.9M in disclosed equity funding.
How many Internet of Things - Industry Applications companies in Minnesota, United States are funded?
22 of the 75 Internet of Things - Industry Applications companies in Minnesota, United States on this list have disclosed at least one equity funding round.
How many Internet of Things - Industry Applications unicorns are there in Minnesota, United States?
None of the Internet of Things - Industry Applications companies in Minnesota, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Minnesota, United States Internet of Things - Industry Applications companies?
The most active investors in Minnesota, United States Internet of Things - Industry Applications companies on this list include HHS, America’s Seed Fund, Imagine H2O, National Science Foundation, 3M.
Riya SenguptaFinancials

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.

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