Best Internet of Things - Industry Applications Companies in Wisconsin, United States
The 51 best Internet of Things - Industry Applications companies in Wisconsin, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Propeller Health.
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 Wisconsin
| # | Company | Disclosed funding | Last round | Employees | Founder | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Propeller Health Mobile platform and a sensor for respiratory health management | $64M | 98 mo ago | 119 | — | Top 50M | — | — |
| 2 | Understory Provider of ground-based dot sensors to collect hyperlocal weather data | $58M | 32 mo ago | 20 | Adam Dershewitz Co-Founder & CTO | — | 50 patents IoT weather sensors and data processing for environmental and multimedia applications | — |
| 3 | Encorp Demand response and smart communications systems | $53M | 261 mo ago | 60 | — | — | — | — |
| 4 | Telkonet Provider of HVAC energy management solutions for commercial spaces | $25M | 125 mo ago | 27 | — | Top 10M | 16 patents Smart energy management and power‑line communication for lighting, water heating, and HVAC systems | — |
| 5 | PAXAFE Developer of IoT-enabled, track and traceable packaging solutions for multiple industries | $15M | 9 mo ago | 20 | Ilya Preston Co-Founder & CEO | — | 5 patents AI-driven analytics and predictive modeling for shipping and logistics operations | — |
| 6 | Allergy Amulet Developer of a portable food allergen sensor for sample detection 42Moat top 31%Tech top 33%Growth top 35%Funding top 40% All 10 signals ▾Moattop 31% Techtop 33% Growthtop 35% Fundingtop 40% Producttop 46% Talentbottom 49% Innovationbottom 47% Patentsbottom 35% Globalbottom 31% Marketbottom 27% Moat: Editorial + unicorn rating 7/10 · IP moat: 11 patents Tech: 38 technologies across 4/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 42/100 | $13M | 23 mo ago | 18 | Joseph BelBruno Co-Founder | Top 10M | 11 patents Electrochemical sensors for detecting food allergens via electropolymerized detection layers. | — |
| 7 | Wicab Provider of wearable assistive device to visualize objects for visually impaired | $8M | 123 mo ago | 3 | — | Top 50M | 25 patents Neuro-modulation therapies and wearable assistive vision systems for blind users. | — |
| 8 | EnSync Manufactures intelligent energy storage systems | $7M | 89 mo ago | 64 | — | — | 59 patents Intelligent power management for hybrid energy storage and renewable integration | — |
| 9 | TrafficCast Large scale traffic data analytics for navigation | $4M | 222 mo ago | 39 | — | — | 7 patents Real-time traffic data collection, analysis, and management network systems for road transportation. | — |
| 10 | Ebullient Offers cooling systems for data centers | $3M | 114 mo ago | 9 | — | — | 69 patents Advanced redundant multi‑chamber heat‑sink and two‑phase cooling systems for high‑power electronics | — |
| 11 | Atrility Medical AI-powered cardiac monitoring for clearer decisions and improved patient care 24Innovation top 40%Funding top 43%AI top 45%Talent top 45% All 8 signals ▾Innovationtop 40% Fundingtop 43% AItop 45% Talenttop 45% Producttop 46% Techbottom 30% Globalbottom 29% Marketbottom 15% Innovation: 2 product lines Funding: Raised $3.4M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) rank vs industry peers · Fliar Intelligence Index 24/100 | $3M | 8 mo ago | 8 | Nick Bergen Co-Founder | — | — | — |
| 12 | Scanalytics Provider of sensor-based retail analytics 27AI top 15%Moat top 31%Product top 43%Funding top 48% All 11 signals ▾AItop 15% Moattop 31% Producttop 43% Fundingtop 48% Talentbottom 49% Innovationbottom 48% Patentsbottom 48% Globalbottom 37% Techbottom 30% Newsbottom 27% Marketbottom 21% AI: Holds AI/ML patents (G06N-family CPC) Moat: Editorial + unicorn rating 7/10 · IP moat: 13 patents rank vs industry peers · Fliar Intelligence Index 27/100 | $3M | 15 mo ago | 7 | Joe Scanlin Co-Founder/Chief Executive Officer | — | 13 patents Smart floor sensor analytics for occupancy, health monitoring, and building automation. | — |
| 13 | OnKol Connecting elderly and special needs individuals with family and caregivers | $3M | 115 mo ago | 9 | — | — | — | — |
| 14 | GrandCare Providing remote care platform for caregivers and senior housing communities | $3M | 78 mo ago | 23 | Matthew Warnes CEO | Top 50M | — | — |
| 15 | Last Lock Developer of smart locks | $2M | 45 mo ago | 29 | Jack Ryan Founder & CEO | — | — | — |
| 16 | Wellntel Provider of cloud-based groundwater monitoring network deployers | $1M | 98 mo ago | 10 10 → 11 (+10%) | Nicholas Hayes Co-founder and Director | — | 3 patents Oil and gas wellhead water quality monitoring sensors and systems | — |
| 17 | Quietyme Smart solutions for managing noise, improving patient experience, and property management | $980K | 145 mo ago | 3 | John Bialk Founder & CEO | — | 3 patents Real-time disturbance detection and predictive analytics for industrial control systems | — |
| 18 | Eso Technologies Esophageal mounted device for cardiac vital signs monitoring | $852K | 154 mo ago | — | Bonnie Reinke President and CEO | — | — | — |
| 19 | URTPC Developer of real-time simulation software for power conversion and motion planning | $425K | 49 mo ago | 4 | — | — | — | — |
| 20 | OneEvent Technologies Patented predictive analytics engine for building and home monitoring | $415K | 118 mo ago | 892 | Kurt Wedig Founder & CEO | Top 50M | 18 patents Integrated fire detection and automated building evacuation control systems | — |
| 21 | InStepNanoPower Wearable solution that can convert mechanical energy into electrical energy | $298K | 193 mo ago | — | Tom Krupenkin President & CEO | — | — | — |
| 22 | FANTM Developer of AI-based and wearable neuro-computer interfaces for gesture sensing | $100K | 74 mo ago | 2 | — | — | — | — |
| 23 | Dock Technologies Provider of wearable devices for remote patient monitoring | $100K | 140 mo ago | 1 | Sarah Sandock Founder & CEO | — | 103 patents Marine dock boarding and launch hardware for small watercraft and swimmers. | — |
Top 12 Internet of Things - Industry Applications companies in Wisconsin
#1
Series A · Milwaukee, Wisconsin · founded 2018 · 20 employees$14.5Mraised▾
Developer of IoT-enabled, track and traceable packaging solutions for multiple industries. It develops IoT-enabled, reusable, traceable, and secure packaging solutions for industrial applications primarily in the logistics, jewelry, and insurance sectors. It allows the shipper to lock the high-value item into its package, and an online portal linked to a barcode on the package includes the shipment information. The receiver can track the package location, and even whether it has been dropped, via the portal. The software and hardware are sold on a per-month or per-shipment basis.
- Oct 2025Series A$750K
- Feb 2024Series A$9M
- Jul 2023Seed$750K
- May 2022Seed$1.5M
#2
Series A · Madison, Wisconsin · founded 2017 · 8 employees$3.4Mraised▾
AI-powered cardiac monitoring for clearer decisions and improved patient care. This company is focused on transforming bedside monitoring through its innovative AtriRhythm AI platform and AtriAmp device. They provide solutions for critical care arrhythmia monitoring, addressing challenges in post-operative settings. Their technology facilitates continuous atrial electrogram monitoring, aiding in the diagnosis and treatment of atrial arrhythmias. The AI platform offers real-time component recognition, retrospective signal labeling, and literature-based interval mapping, providing clinicians with verifiable clinical insights. They are dedicated to improving cardiac health and patient outcomes through advances in medical technology, integrating healthcare, business, and engineering expertise. Their focus is on cardiac medical devices, atrial electrogram, arrhythmia monitoring, AI, and patient care.
- Nov 2025Series A$1M
- Sep 2024Grant (prize money)$275K
- Jun 2022Series A$3.4M
- Sep 2020Conventional Debt$300K
#3
Seed · Milwaukee, Wisconsin · founded 2012 · 7 employees$3.1Mraised▾
Provider of sensor-based retail analytics. It measures the physical movements of individuals in retail establishments using its specially developed Solesensor mat by accurately tracking the footfall in stores, allowing businesses to maximize customer engagements, predict patterns, increase customer retention, and measure in-store conversions.
- Apr 2025Grant (prize money)$2.1M
- May 2018Conventional Debt$533K
- Mar 2017Conventional Debt$200K
- 2016Seed$2.5M
#4
Series A · Madison, Wisconsin · founded 2016 · 18 employees$12.6Mraised▾
Developer of a portable food allergen sensor for sample detection. The device allows users to test food samples for the presence of allergenic ingredients. It is designed to detect allergens at levels that could trigger reactions. The sensor pairs with an application to track results.
- Aug 2024Series A$5.8M
- Jan 2022Grant (prize money)—
- Mar 2021Seed$800K
- Aug 2020Seed$3.3M
#5
Series B · Madison, Wisconsin · founded 2012 · 20 employees$57.8Mraised▾
Provider of ground-based dot sensors to collect hyperlocal weather data. The hardware offering detects rain, hail, winds, and other weather events at the surface of the earth. The information collected by the device is analyzed and processed to create real-time datasets and views of the movement and intensity of weather events to provide insight and early detection of risks. The sensors are solar-powered and can detect three-dimensional rain, hail, wind, and other weather at the ground level. It also offers parametric hail insurance for auto dealerships.
- Nov 2023Series B$15M
- Jun 2023Series B$13.1M
- Apr 2021Series B$5.5M
- May 2019Series B$7.2M
#6
Acquired · Madison, Wisconsin · founded 2010 · 119 employees$64Mraised▾
Mobile platform and a sensor for respiratory health management. It provides a data-collecting sensor that can be put onto one end of a medication inhaler. The sensor records when and where a patient has used inhaled medications. Provides patients with a continuous, objective assessment of their disease along with personalized guidance and targeted education to help them improve. Personalized messages are sent to patients through Propeller’s online page, e-mails, and text messages to help them understand the patterns behind their daily symptoms and use of medications.
- May 2018Series C$20M
- Oct 2016Series C$21.5M
- Sep 2014Series B$14.5M
- Jun 2013Series A$1M
#7
Public · Holcombe, Wisconsin · founded 1992 · 60 employees$53Mraised▾
Encorp manufactures integrated hardware and software systems for the distributed energy market. It provides a suite of software applications that allows users to control and monitor distributed energy assets and demand response. It also provides family of controls The Gold Box™ for single or multiple generators, the Utility Power Control™ for utility interconnect control, and the Meter Monitor Control™ for metering and monitoring applications for smart communications. It caters its products and services for micro grid to connect distributed energy systems.
- Oct 2004Series D$1.4M
- Apr 2004Series D$7.1M
- Oct 2001Series D$38.1M
#8
Acquired · Milwaukee, Wisconsin · founded 1999 · 27 employees$24.6Mraised▾
Provider of HVAC energy management solutions for commercial spaces. It offers EcoSmart products, along with the EcoCentral management platform that helps to reduce energy consumption, HVAC runtime, and utility costs in most building environments. Its app is available for Android devices.
- Feb 2016Grant (prize money)—
- Oct 2014Conventional Debt$2M
- Apr 2011Series A$1.4M
- Aug 2010Series A$1.3M
#9
Early Stage · Middleton, Wisconsin · founded 1998 · 3 employees$8Mraised▾
Wicap provides a wearable assistive device to visualize objects for visually impaired. The company has developed BrainPort V100, a wearable device that offers an oral electronic vision aid that provides electro-tactile stimulation to aid visually impaired in orientation, mobility, and object recognition. The device is a headband with a small camera that is connected via an electrical cord to a square-shaped, lollipop-like mouthpiece with a grid of 394 electrodes.
- Apr 2016Unattributed$2.4M
- Jan 2016Unattributed$975K
- Oct 2010Grant (prize money)$3.2M
- Sep 2010Grant (prize money)$3.2M
#10
Seed · Milwaukee, Wisconsin · founded 2019 · 29 employees$1.6Mraised▾
Developer of smart locks. It provides users with plug-and-play-based smart locks that can be retrofitted into existing locks in homes. It has features like self-powering and energy harvesting technologies and allows for multiple access methods. It also offers data-driven and map-based software for operating the locks.
- Oct 2022Seed$1.5M
- Nov 2019Seed$100K
#11
Deadpooled · Menomonee Falls, Wisconsin · founded 1986 · 64 employees$6.8Mraised▾
Ensync Energy designs and manufactures advanced energy storage and intelligent power control platforms that effectively enable integration of renewable energy sources. EnSync storage and power control technologies are used in grid-tied and grid-independent environments for a variety of applications and markets.
- Feb 2019Conventional Debt$500K
- Oct 2013Post IPO$6M
- Mar 2010Post IPO$280K
#12
Series A · West Bend, Wisconsin · founded 2005 · 23 employees$2.7Mraised▾
Providing remote care platform for caregivers and senior housing communities. The heart of GrandCare is a large touchscreen in the residence, which provides the individual with social communications, instructions, reminders, and medication prompt. The system also supports one-touch virtual video visits, telehealth device recording (wireless BP, weight, pulse ox, glucose, and thermometer readings) and remote in-home activity sensing. Wellness readings are recorded directly to the system, allowing caregivers to view readings and reports through the Online Care Portal. Customized alerts can be sent to caregivers if a wellness reading has or has not been taken during a specified time. A fully-featured online caregiver portal enables all remote caregivers and professionals to coordinate care, engage with the resident, monitor daily activities and assess chronic conditions.
- Jan 2020Series A$722K
- Feb 2014Series A$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
What Wisconsin researches in iot
- University of Wisconsin–Madison10
- University of Wisconsin–Stout3
- University of Wisconsin–Milwaukee2
- Southeastern Wisconsin Information Technology Exchange Consortium1
- University of Wisconsin–Extension1
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.