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Radar · IoT Applications in Illinois

Best IoT Applications Companies in Illinois, United States

The 40 best IoT Applications companies in Illinois, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Farmer's Fridge.

40companies tracked
$261.5Mdisclosed funding
0unicorns
17have raised

Ranked: Best IoT Applications companies in Illinois

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackStagePatents & IP focusRecent signals
1Farmer's Fridge
Provider of food vending machines
$83M64 mo ago212
212 → 428 (+102%)
Luke Saunders
Founder & CEO
ShopifyCart FunctionalityContentful+20Series D—1 award
2Artisight
Provider of IoT solutions for the healthcare industry
$42M15 mo ago63
63 → 139 (+121%)
Garrett Larance
Co-Founder
WordPressApple iCloud MailGoogle Workspace+28Series B3 patents
IoT-based remote monitoring and communication systems for industrial assets
—
3Healthsense
Remote monitoring, emergency call, and wellness management solutions
$34M126 mo ago40——Acqui-Hired36 patents
Personal activity monitoring and remote health data acquisition for adaptive healthcare systems.
—
4SwipeSense
Connected hand hygiene improvement system
$27M103 mo ago39—WordPressApple iCloud MailMicrosoft 365+27Series B17 patents
Hand hygiene compliance monitoring and retrofit sensor systems for dispenser usage tracking
—
5Revenera
Provider of software monetization, installation, and compliance solutions for businesses
$18M179 mo ago187—DrupalSentryAtlassian Statuspage+30Series B——
6Agrible
Provider of predictive agronomic analytics and sustainability solutions for growers
$14M107 mo ago52Bill Northcott
Co-Founder & CIO
—Acquired——
7SonarMD
Cloud-based care management solutions for chronic conditions
48Funding top 32%Growth top 35%Talent top 38%Tech top 39%
All 7 signals ▾
Fundingtop 32%
Growthtop 35%
Talenttop 38%
Techtop 39%
Producttop 46%
Marketbottom 30%
Globalbottom 29%
Funding: Raised $14.3M across 5 rounds · 5 rounds over 8 yrs (0.6/yr)
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 48/100
$14M6 mo ago25Lawrence Kosinski
Founder at SonarMD
WordPressApple iCloud MailMicrosoft 365+21Series B——
8FreshAir Sensor
Developer of an air-sensor device to detect tobacco and marijuana smoke
55Talent top 22%Moat top 31%Innovation top 35%Growth top 35%
All 10 signals ▾
Talenttop 22%
Moattop 31%
Innovationtop 35%
Growthtop 35%
Fundingtop 38%
Patentstop 38%
Producttop 40%
Techtop 48%
Marketbottom 32%
Globalbottom 31%
Talent: Analyst team rating 5/5 · 3 named leaders on record
Moat: Editorial + unicorn rating 7/10 · IP moat: 15 patents
rank vs industry peers · Fliar Intelligence Index 55/100
$12M21 mo ago36John O'Toole
Co-Founder
WordPressMySQLPHP+30Series B15 patents
Selective VOC and gas sensing using molecularly imprinted polymer sensor technologies
—
9Buildings As Batteries
Developer of thermal energy storage system for commercial building applications
$8M98 mo ago—Gregor Henze
Co-Founder
—Series A——
10640 Labs
Digital farming solutions to maximize results with data-driven insights and innovative tech
$6M142 mo ago153——Acquired——
11Eta Vision
Offers data center energy management solutions
$2M98 mo ago8Michael Lingle
CEO & Cofounder
—Seed——
12iTRACS
AI-enhanced DCIM solution for smarter, data-driven infrastructure management
$2M196 mo ago15James Sherrin
CEO & Director
WordPressMySQLPHP+11Acquired33 patents
Monitoring and diagnosing data port connection patterns in cables and hardware interfaces.
—
13Luna Lights
Developer of smart devices for night time fall detection
$375K111 mo ago3——Acquired——
14QCMedchain
Blockchain platform providing pharmaceutical supply chain monitoring solution
$225K78 mo ago—JJ Ogrey
Co-Founder & CTO
—Deadpooled——
15Digital Dipstick
Manufacturer and supplier of Fitbit for tractors
$225K99 mo ago—Allan Dikeman
Co-Founder
—Deadpooled——

Top 12 IoT Applications companies in Illinois

#1
Series B · Chicago, Illinois · founded 2009 · 25 employees
$14.3Mraised
▾

Cloud-based care management solutions for chronic conditions. It offers a care coordination program that proactively connects patients with care teams in real time and provides wrap-around services to help patients manage their individual health needs. Their platform collects patient health data through surveys and analyzes it to track the status of improvement. They generate scores from the survey and send alerts to doctors.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Funding
top 32%
Growth
top 35%
Talent
top 38%
Tech
top 39%
Product
top 46%
Market
bottom 30%
Funding: Raised $14.3M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) · Last round Series B (Feb 2026)
Growth: Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 2k LinkedIn followers — 2.7% of this cohort's audience
Funding rounds
  • Feb 2026Series B$3M
  • Dec 2024Series A$2.2M
  • Jul 2024Conventional Debt$1M
  • May 2023Series A$4.3M
Founders & team
Lawrence KosinskiFounder at SonarMDTracey PowellCo-Founder
Investors
Arboretum Ventures, BVF, KohFounders, Nueterra Capital, Blue Hour Ventures, Actions Capital
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementCore-JsElementorEmotion
#2
Series B · Glenview, Illinois · founded 2017 · 63 employees
$42Mraised
▾

Provider of IoT solutions for the healthcare industry. Its offerings include connected cameras and an IoT-based sensor network that facilitates inpatient monitoring, fall prevention, and bed management. Its features include multi-screen monitoring in real-time, ML-based movement detection, automated alarms, and pre-recorded patient alerts, two-way audio communication, and customization.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 10.6% of this cohort's audience
Activity: 2 partnerships · 1 awards (incl. Artisight) announced in 12 mo
Funding rounds
  • May 2025Grant (prize money)$377.6K
  • Jan 2024Series B$42M
  • Jul 2022Grant (prize money)$377.6K
  • Aug 2019Grant (prize money)$1.9M
Founders & team
Garrett LaranceCo-FounderNicholas HoldenChief Financial OfficerAndrew GostineCEO
Investors
Nvidia, HHS, Johnson Controls, GFT Ventures, Epsilon Health Investors
Tech stack
Amazon Web ServicesApple Icloud MailCookieyesCore-JsElementorGoogle Analytics
#3
Series B · Lebanon, Illinois · founded 2013 · 36 employees
$11.8Mraised
▾

Developer of an air-sensor device to detect tobacco and marijuana smoke. It provides a two-plug adapter that fits over existing wall outlets and leverages Wi-Fi to send infraction information to a central monitoring system, which results in an email to the admin. Its device comprises polymer sensors that detect specific airborne chemicals like the biological receptors in the human body that is by binding only with the target molecule, making them sensitive and specific and resetting when the target molecules are cleared. It also provides an app that allows users to monitor the detection of smoke.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Talent
top 22%
Moat
top 31%
Innovation
top 35%
Growth
top 35%
Funding
top 38%
Patents
top 38%
Talent: Analyst team rating 5/5 · 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Editorial + unicorn rating 7/10 · IP moat: 15 patents
Innovation: 15 patents (top 58% of patent-holders) · 13 filings since 2022 vs 2 in 2017-21 · Deep-tech classification: Tech Hardware
Audience (LinkedIn): 746 LinkedIn followers
Funding rounds
  • Nov 2024Series B$3.7M
  • May 2023Series A$1M
  • Sep 2019Grant (prize money)$1.5M
  • Jan 2019Series A$3.5M
Founders & team
John O'TooleCo-FounderJoe BelBrunoCo-FounderTrip DavisCEO
Investors
HHS, Dartmouth Regional Technology Center
Tech stack
Amazon S3Amazon Web ServicesAstraCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#4
Series D · Chicago, Illinois · founded 2013 · 212 employees
$82.6Mraised
▾

Provider of food vending machines. It provides a network of automated smart vending machines dispensing meals and snacks. Its menu includes salads, sandwiches, and snacks.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 39k LinkedIn followers — 45.7% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Junior Account Executive, Account Executive
Activity: 1 partnerships · 2 awards · 1 expansions (incl. California Pizza Kitchen) announced in 12 mo
Funding rounds
  • Apr 2021Conventional Debt$2.6M
  • May 2020Series D$40M
  • Sep 2018Series C$30M
  • Mar 2018Grant (prize money)$10K
Founders & team
Luke SaundersFounder & CEO
Investors
Powerplant Ventures, Innovation Endeavors, Cleveland Avenue, DNS Capital, DOM Capital Group, Finistere Ventures
Tech stack
Amazon Web ServicesApple Icloud MailCart FunctionalityContentfulCore-JsFacebook Pixel
#5
Acqui-Hired · Mendota, Illinois · founded 2001 · 40 employees
$33.7Mraised
▾

Healthsense provides technology solutions to assist care providers in caring for at-risk populations.Healthsense offers WiFi based Personal Emergency Response Systems, remote safety and wellness monitoring. According to the company, its product eNeighbor system, utilizes a series of wireless sensors to monitor individuals in their homes and automatically calls for help if it detects a possible problem. The eNeighbor Dashboard uses a data engine to evaluate daily information, prioritize care needs and send real-time alerts if required.

Funding rounds
  • Feb 2016Conventional Debt$2.9M
  • Dec 2014Series E$330K
  • Aug 2014Series E$10M
  • Apr 2014Series E$2M
Investors
Radius Ventures, Ziegler, FCHP, West Health, Merck Global Health Innovation Fund, Mansa Capital
#6
Series B · Evanston, Illinois · founded 2012 · 39 employees
$27Mraised
▾

SwipeSense offers hospitals smart hand sanitizer dispensers, Kit includes a smart badge, a wall mounted version and a wearable version. The sanitizers are all connected to an app which collects and analyzes the sanitizer usage data. Smart badge records hygiene events and allows the system to track individual compliance levels as well as unit comparisons and historical trends.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 4.8% of this cohort's audience
Funding rounds
  • Jan 2018Series B$10.6M
  • Jul 2016Series B$4M
  • Jun 2015Series B$9.7M
  • May 2014Series A$1.7M
Investors
Healthbox, Jumpstart Ventures, Sandbox Industries, Eclipse, OCA Ventures, New Ground Ventures
Tech stack
Amazon SesAmazon Web ServicesApple Icloud MailBootstrapChurnzeroCloudflare
#7
Series B · Itasca, Illinois · founded 1987 · 187 employees
$17.5Mraised
▾

Provider of software monetization, installation, and compliance solutions for businesses. The company offers software licensing, entitlement management, and software delivery services. It provides solutions for software composition analysis, including open source license compliance and vulnerability management. Installation products and related services, such as training and consulting, are available.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 28k LinkedIn followers — 32.2% of this cohort's audience
Funding rounds
  • Sep 2011Series B$500K
  • Oct 2008Series B$4M
  • Nov 2007Series B$8M
  • Jun 2006Series A$5M
Investors
Core Capital Partners, Rockford Capital, Ascent Venture Partners
Tech stack
6SenseAmazon CloudfrontAmazon Web ServicesAtlassian StatuspageAuraBootstrap
#8
Acquired · Champaign, Illinois · founded 2012 · 52 employees
$14.4Mraised
▾

Provider of predictive agronomic analytics and sustainability solutions for growers. It delivers data-driven insights from weather and soil to optimize crop decisions. Growers access real-time analytics for yield predictions and resource management.​ Its sustainability tools help track carbon footprints and compliance reporting.

Funding rounds
  • Sep 2017Series B$10.2M
  • 2017Series B—
  • Jul 2015Series A$4.1M
  • Jun 2014Seed$150K
Founders & team
Bill NorthcottCo-Founder & CIO
Investors
Maumee Ventures, Flyover Capital, Serra Ventures, tlg.global, ADM, Illinois Ventures
Tech stack
Amazon Web ServicesGoogle AnalyticsGoogle Font ApiAmazon S3Amazon CloudfrontAws Certificate Manager
#9
Series A · Chicago, Illinois · founded 2007
$7.6Mraised
▾

Developer of thermal energy storage system for commercial building applications. The system utilizes building materials as a thermal energy storage medium. It manages thermal load profiles to reduce energy consumption. The system aims to reduce carbon emissions as a byproduct.

Funding rounds
  • Jul 2018Grant (prize money)$1.1M
  • Jul 2011Series A$7.2M
  • Oct 2010Seed$450K
Founders & team
Gregor HenzeCo-FounderVincent CushingCo-Founder
Investors
Battery Ventures, Rho Capital Partners, OSTI
#10
Acquired · Chicago, Illinois · founded 2013 · 153 employees
$5.7Mraised
▾

Digital farming solutions to maximize results with data-driven insights and innovative tech. This company empowers farmers with an all-in-one digital farming solution, providing tools to collect, connect, and share crop data. Farmers can scout fields remotely, build prescriptions to maximize yield, and analyze data in real-time. The platform offers hardware like the FieldView Drive for data connectivity and compatibility with various equipment types. Resources include support guides, a knowledge center, blog, videos, and podcasts. The company focuses on secure data management, time optimization, staying ahead with information, and boosting profits through optimized input management. It connects with numerous partners, creating a connected platform for data sharing. The company offers personalized plans and full support to increase farm productivity. The platform provides data-driven insights and innovative ag tech, helping farmers make informed decisions and farm efficiently. The website offers options to create an account, log in, and choose a region and language.

Funding rounds
  • Oct 2014Series A$3M
  • Jul 2014Seed$2.6M
  • Jun 2014Seed—
Investors
Serra Ventures
Tech stack
SalesforceAmazon Web ServicesCloudflareTwitterSalesforce Service CloudOnetrust
#11
Seed · Chicago, Illinois · founded 2015 · 8 employees
$2Mraised
▾

Offers data center energy management solutions It works with data centers and utilities to maximize infrastructure flexibility, reliability, and efficiency and improve operator visibility through a smart zero management sensor network and control system. Their system offers real-time physical visualization, monitoring, and also cloud and API connectivity.

Funding rounds
  • Jun 2018Seed$2M
  • Seed—
Founders & team
Michael LingleCEO & Cofounder
Investors
Wasson Enterprise, JetPath, MATH Venture Partners, NOVA8 Ventures
#12
Acquired · Oak Brook, Illinois · founded 1987 · 15 employees
$1.8Mraised
▾

AI-enhanced DCIM solution for smarter, data-driven infrastructure management. It is a software solution that empowers data center managers to optimize physical infrastructure. It offers unified asset visibility across data centers, inside plants, and outside plants, enabling data-driven management. The platform allows users to visualize and optimize infrastructure, access and analyze data on asset management, network connectivity, and power connectivity. Users can plan, design, monitor, troubleshoot, simulate, and test infrastructure performance. It facilitates remote data center management, comprehensive connectivity mapping, and seamless integration with third-party applications through REST APIs. The solution provides powerful reporting, full 3D visualization, detailed asset management, and granular security. It is a go-to solution for managing data centers, smart buildings, and wide area environments, including ISP and OSP networks. It offers control, efficiency, and foresight in managing resources. It provides white papers, brochures, and guides for in-depth knowledge and offers professional services for support from setup to maintenance.

Funding rounds
  • Apr 2010Unattributed$1.8M
Founders & team
James SherrinCEO & Director
Investors
Hopewell Ventures
Tech stack
WordpressMysqlPhpNginxBluehost

Funding & investor landscape

$261.5Mtotal disclosed funding
16companies funded
61disclosed rounds
0rounds last 90 days
Most active investors
BVF2 rounds
HHS2 rounds
Healthbox2 rounds
Impact Engine2 rounds
Serra Ventures2 rounds
THRIVE2 rounds
.406 Ventures1 rounds
5pmVentures1 rounds
ADM1 rounds
Actions Capital1 rounds

Notable founders

Lawrence Kosinski
Founder at SonarMD · SonarMD
Tracey Powell
Co-Founder · SonarMD
Garrett Larance
Co-Founder · Artisight
Nicholas Holden
Chief Financial Officer · Artisight
John O'Toole
Co-Founder · FreshAir Sensor
Joe BelBruno
Co-Founder · FreshAir Sensor
Luke Saunders
Founder & CEO · Farmer's Fridge
Bill Northcott
Co-Founder & CIO · Agrible
Gregor Henze
Co-Founder · Buildings As Batteries
Vincent Cushing
Co-Founder · Buildings As Batteries
Michael Lingle
CEO & Cofounder · Eta Vision
James Sherrin
CEO & Director · iTRACS
Prism market signals · United States · country-scoped Prism corpus, 14,189,744 docs

Market landscape — 10 sub-themes by coverage

Share of IoT Applications coverage by sub-theme.

Regulatory-risk over time flat

Funding & growth over time

funding flat · growth flat

Common questions

How many IoT Applications companies are there in Illinois, United States?
Radar tracks 40 indexable IoT Applications companies headquartered in Illinois, United States that meet our profile-completeness bar.
What is the total funding raised by IoT Applications companies in Illinois, United States?
The IoT Applications companies in Illinois, United States on this list have raised a combined $261.5M in disclosed equity funding across 16 funded companies.
Which is the highest-funded IoT Applications company in Illinois, United States?
Farmer's Fridge is the highest-funded IoT Applications company in Illinois, United States, with $82.6M in disclosed equity funding.
How many IoT Applications companies in Illinois, United States are funded?
16 of the 40 IoT Applications companies in Illinois, United States on this list have disclosed at least one equity funding round.
How many IoT Applications unicorns are there in Illinois, United States?
None of the IoT Applications companies in Illinois, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Illinois, United States IoT Applications companies?
The most active investors in Illinois, United States IoT Applications companies on this list include BVF, HHS, Healthbox, Impact Engine, Serra Ventures.
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