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Radar · IoT Applications in Maryland

Best IoT Applications Companies in Maryland, United States

The 32 best IoT Applications companies in Maryland, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Blue Pillar.

32companies tracked
$91.4Mdisclosed funding
0unicorns
10have raised

Ranked: Best IoT Applications companies in Maryland

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Blue Pillar
Industrial IoT connectivity platform for managing, monitoring, and controlling distributed equipment
$42M91 mo agoAcquired—2006—17 patents
Emergency power supply system management, testing, predictive analytics, and industrial energy monitoring
—
2Link Labs
Manufacturer of base stations for low-power networking
$20M31 mo agoSeries B—2013HubSpot CMS HubLozad.jscore-js+2093 patents
Indoor real-time positioning using multi-protocol wireless TDoA ranging and synchronization
—
3Hi-G-Tek
Solution to track and monitor assets
$19M192 mo agoSeries B—1987—60 patents
Hydraulic actuation systems with integrated torque monitoring for offshore drilling equipment
—
4Everywhere Communications
Provider of asset tracking solutions
$6M47 mo agoSeries APatrick Shay
Founder & CEO | Connecting & Protecting people and assets globally
2018PageFlyCart FunctionalityShopify+23——
5Sparks Dynamics
Online casino offering slots, live tables, sports betting, and tournaments
$3M105 mo agoSeries AGeorge Privalov
Co-Founder & CTO
2014———
6Datakwip
AI and SaaS driven facility analytics solutions
$1M60 mo agoSeed—2015—11 patents
Building performance analytics software for facility management and operational optimization.
—
7SenSanna
Provider of end-to-end Surface Acoustic Wave sensing platform for IIoT
$500K36 mo agoSeedJacqueline Hines
Founder & Chairman & CEO
2014—36 patents
Surface acoustic wave sensors, tags, filters, and remote power monitoring solutions
—
8Optimized Thermal Systems
Thermal system design and simulation software for HVAC and refrigeration
$186K88 mo agoFunding Raised—2002WordPressPleskMySQL+18——

Top 10 IoT Applications companies in Maryland

#1
Series B · Annapolis, Maryland · founded 2013 · 55 employees
$19.8Mraised
▾

Manufacturer of base stations for low-power networking. It specialises in developing IoT networking technology based on LoRa, a standard for IoT-centric wide-area networks. Its software and hardware connect a range of IP-connected devices over long ranges, both indoors and outdoors, over both licensed and unlicensed spectra.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 9.3% of this cohort's audience
Funding rounds
  • Apr 2024Series B$2.5M
  • Oct 2022Series B$9.2M
  • Nov 2016Series A$2.2M
  • Sep 2015Series A$5.8M
Investors
TCP Venture Capital, Blu Venture Investors, Leading Edge Ventures, Maryland Venture Fund, Inflection Point Partners, Grit Capital Partners
Tech stack
CloudflareCloudflare Bot ManagementCore-JsFacebook PixelFont AwesomeGoogle Analytics
#2
Seed · Baltimore, Maryland · founded 2014 · 9 employees
$499.6Kraised
▾

Provider of end-to-end Surface Acoustic Wave sensing platform for IIoT. The company offers embedded device modules capable of measuring temperature, humidity, voltage, current, strain, and chemical presence. System readers serve as the central hub for reading data from embedded devices via wireless communications. Industry-specific reference design solutions are available for various targeted applications. A software visualization platform is offered for viewing and trending sensor information.

Funding rounds
  • Oct 2023Seed$200K
  • Jun 2021Grant (prize money)$200K
  • Mar 2019Seed$175K
  • Dec 2017Seed$124.6K
Founders & team
Jacqueline HinesFounder & Chairman & CEO
Investors
Ener-g.cl, DOE, OSTI, InnerProduct Partners, Hivers & Strivers
#3
Series A · Annapolis, Maryland · founded 2018 · 32 employees
$6.1Mraised
▾

Everywhere is a provider of asset tracking solutions. Its chief offering comprises of assets trackers, namely EC-100 and AC-200. EC-100, that are handheld devices leveraging Iridium satellite for tracking and monitoring remote assets. In addition, the company offers a hub that provides real-time situational awareness and asset tracking by displaying position, status, and message information and enables data communication with assets in the field. The target customers include national and local government agencies, international governments and NGOs, disaster relief and recovery agencies, law enforcement and private security, scientific exploration and research, forestry, oil/gas, mining, and other organizations with remote operations. The products are available in the Google Play Store and the Apple App Store.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 5.8% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Nov 2022Series A$6.5M
  • Sep 2019Series A$6.1M
  • Nov 2018Angel—
Founders & team
Patrick ShayFounder & CEO | Connecting & Protecting people and assets globallyChuck TeubnerCo-Founder
Investors
Handshake Ventures, City Light Capital
Tech stack
Amazon S3Amazon Web ServicesCart FunctionalityCloudflareCloudflare Bot ManagementCore-Js
#4
Acquired · Frederick, Maryland · founded 2006 · 42 employees
$41.8Mraised
▾

Industrial IoT connectivity platform for managing, monitoring, and controlling distributed equipment. They connect industrial equipment to the internet, providing data for managing, monitoring, and controlling equipment and devices. This enables the creation of flexible and scalable solutions. They optimize connecting distributed equipment from acquisition to storage, access, and control. By leveraging platform technology, security, scalability, and standards, they eliminate the complexity of implementing Industrial IoT infrastructure. This allows clients to build and deliver solutions that connect distributed devices and equipment. They offer a flexible and scalable approach to meet clients' current needs and future goals. Intelligent data processing and management create a resilient network of distributed assets, reliably connected and maintained with flexibility for critical environments and use cases. Their solutions include platform services and connectivity, focusing on simplifying the deployment and maintenance of IoT connectivity. This is a B2B tech company offering a SaaS platform.

Funding rounds
  • Mar 2019Conventional Debt$3.1M
  • Aug 2018Series C$1.7M
  • Dec 2016Series C$10.3M
  • Jun 2016Conventional Debt$3M
Investors
EnerTech Capital, Allos Ventures, Claremont Creek Ventures, Arsenal Growth Equity, Maryland Venture Fund, Army Venture Capital Initiative
Tech stack
WebflowGoogle AdsJqueryGoogle Tag ManagerGoogle Hosted LibrariesGoogle Analytics
#5
Series B · Rockville, Maryland · founded 1987 · 2 employees
$19Mraised
▾

Hi G Tek has developed a range of products for tracking and securing assets in fields. Company's solution consist of a device with wireless communication connectivity for real time collection of data and a software platform to provide insights into the collected data. Use cases include fleet monitoring, cargo tracking and monitoring etc. The company started in Israel and is now headquartered at Rockville, US.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 620 LinkedIn followers
Funding rounds
  • Nov 2010Series B$1M
  • Feb 2010Conventional Debt$2.5M
  • Dec 2009Conventional Debt$3.3M
  • Dec 2007Series B$5.5M
Investors
L Capital Partners, Battelle Ventures, Iternal
Tech stack
TypescriptWindows ServerBootstrapMicrosoft Asp.NetAngularIis
#6
Seed · Frederick, Maryland · founded 2015 · 10 employees
$1Mraised
▾

AI and SaaS driven facility analytics solutions. It allows users to manage data analytics solutions, build real time reports, and manage automation solutions. It enables users to build predictive models using machine learning technologies and provides actionable insights. It offers analytics solutions for commercial, hospitals, industrial, government and education industries.

Funding rounds
  • Nov 2021Seed$750K
  • May 2020Conventional Debt$600K
  • Apr 2020Seed$250K
Investors
GreenGen, Maryland Momentum Fund, TEDCO, Smart City Works
Tech stack
WebflowYoutubeJqueryGoogle Hosted LibrariesGoogle AnalyticsGoogle Font Api
#7
Series A · Middle River, Maryland · founded 2014 · 5 employees
$3Mraised
▾

Online casino offering slots, live tables, sports betting, and tournaments. It provides a multilingual platform with diverse payment options and supports multiple currencies, holding a license from Curaçao. The platform features a vast library of games, including slots and live dealer options, alongside a comprehensive sportsbook covering numerous sports. Users can register, verify their accounts, and access bonuses. The site offers alternative access through mirrors to bypass restrictions, ensuring continuous gameplay. It provides mobile accessibility via a mobile site and dedicated applications for both iOS and Android. The platform emphasizes security with data encryption and promotes responsible gaming. It also features a loyalty program with VIP status tiers, offering enhanced benefits.

Funding rounds
  • Jan 2018Series A$2M
  • Nov 2017Seed$1M
Founders & team
George PrivalovCo-Founder & CTOMac MottleyCEO
Tech stack
Godaddy Website BuilderYoutubeOpen Graph
#8
Funding Raised · Beltsville, Maryland · founded 2002 · 15 employees
$185.8Kraised
▾

Thermal system design and simulation software for HVAC and refrigeration. The company provides software solutions that transform thermal system design and development. Their offerings include tools for coil simulation, vapor compression cycle design, and refrigerant property enhancement. These software products aim to shorten product development cycles and reduce associated costs, empowering engineers to innovate more effectively. The company caters to the HVAC and refrigeration industries, offering vital resources for optimizing thermal systems. Their software suite supports various aspects of thermal engineering, from simulating coil performance to designing complex vapor compression cycles. The company's products enhance existing databases with crucial refrigerant properties, making them a valuable asset for professionals in the field.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 593 LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jul 2019Grant (prize money)$185.8K
  • Jul 2016Grant (prize money)—
Investors
OSTI
Tech stack
WordpressMysqlPhpYoutubeBootstrapNginx
#9
Funding Raised · Bethesda, Maryland · founded 2014
$50Kraised
▾

Water submetering and efficiency solutions for residential and commercial properties. They provide water submetering and water efficiency services, promoting accountability for water usage and equitable cost distribution. Their solutions benefit property owners and tenants by enabling individual unit billing based on actual consumption. This encourages conservation, helps identify leaks, and mitigates rising water bills. The process involves submeter installation, monthly meter readings, and bill generation. Landlords receive payments from tenants to cover the master water bill, leading to reduced costs and increased efficiency. They offer water analytics, smart metering, and project platforms, providing a comprehensive approach to water management. This is a B2B service that helps in resource management and promotes social impact by encouraging water conservation.

Funding rounds
  • Nov 2015Grant (prize money)$50K
Founders & team
Ben BahkCo-Founder
Investors
VilCap Investments, Village Capital
#10
Seed · Germantown, Maryland · founded 2015 · 3 employees
—raised
▾

AI solutions empowering businesses to enhance human capabilities and gain competitive advantage. We offer secure, private AI implementations tailored to your specific business needs. Our services include private data integration, knowledge base integration, prompt catalog creation, and task automation. We provide flexible AI solutions through our hosted solution and private infrastructure deployment. We help businesses overcome AI fears by demonstrating that AI replaces tasks, not people, and that modern AI tools are designed for business users. We offer AI-driven ideation, smart analytics, AI chatbots, and AI schedulers. Our solutions promote sustainability and reduce environmental impact. We are a strategic partner in transformation, prioritizing data protection and delivering measurable results. We offer a partnership approach, working alongside your team to ensure your long-term growth. We provide resources like blogs, whitepapers, webinars, and an ROI calculator. We are committed to helping businesses secure their competitive edge through early AI adoption. Our offerings include login, start free trial, pricing, contact, and dark mode options. We are a B2B, SaaS, and software

Funding rounds
  • Mar 2017Seed—
  • Aug 2016Seed—
Founders & team
Arun NedunchezianCo-Founder & CTO
Investors
TEDCO, BlueSky Capital Partners, Barcoding, 3737 North Capital

Funding & investor landscape

$91.4Mtotal disclosed funding
9companies funded
33disclosed rounds
0rounds last 90 days
Most active investors
Maryland Venture Fund2 rounds
OSTI2 rounds
TEDCO2 rounds
3737 North Capital1 rounds
Allos Ventures1 rounds
American Pacific Group1 rounds
Army Venture Capital Initiative1 rounds
Arsenal Growth Equity1 rounds
Barcoding1 rounds
Battelle Ventures1 rounds

Notable founders

Jacqueline Hines
Founder & Chairman & CEO · SenSanna
Patrick Shay
Founder & CEO | Connecting & Protecting people and assets globally · Everywhere Communications
Chuck Teubner
Co-Founder · Everywhere Communications
George Privalov
Co-Founder & CTO · Sparks Dynamics
Mac Mottley
CEO · Sparks Dynamics
Ben Bahk
Co-Founder · Aquees
Arun Nedunchezian
Co-Founder & CTO · Visybl
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 Maryland, United States?
Radar tracks 32 indexable IoT Applications companies headquartered in Maryland, United States that meet our profile-completeness bar.
What is the total funding raised by IoT Applications companies in Maryland, United States?
The IoT Applications companies in Maryland, United States on this list have raised a combined $91.4M in disclosed equity funding across 9 funded companies.
Which is the highest-funded IoT Applications company in Maryland, United States?
Blue Pillar is the highest-funded IoT Applications company in Maryland, United States, with $41.8M in disclosed equity funding.
How many IoT Applications companies in Maryland, United States are funded?
9 of the 32 IoT Applications companies in Maryland, United States on this list have disclosed at least one equity funding round.
How many IoT Applications unicorns are there in Maryland, United States?
None of the IoT Applications companies in Maryland, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Maryland, United States IoT Applications companies?
The most active investors in Maryland, United States IoT Applications companies on this list include Maryland Venture Fund, OSTI, TEDCO, 3737 North Capital, Allos Ventures.
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