Radar · IoT Applications in United Kingdom
Best IoT Applications Companies in United Kingdom
The 343 best IoT Applications companies in United Kingdom in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Open Energi.
By Riya SenguptaFinancials
343companies tracked
$782.2Mdisclosed funding
0unicorns
109have raised
$782 million in disclosed funding across 343 IoT Applications companies in the United Kingdom — that's the number you should hold onto before anything else. This directory ranks those companies by equity raised and recent funding momentum, and the spread tells a story. Dexory leads at $120 million, a figure that dwarfs the rest of the pack by a wide margin. Converge sits at $19 million, GripAble at $17 million, and the tier drops fast from there, with Utopi, Palarum, and ThingCo all under $15 million. No unicorns. What that means, practically, is that the United Kingdom's IoT Applications market is still in a build phase, capital concentrated in a handful of names while most of the 343 tracked companies are working well below the $20 million threshold.
The application layer is moving. Median install growth across comparable application software categories is running at roughly +16% year-on-year, and I'd flag that as a leading signal worth watching. Hot themes in coverage right now include drone electronic warfare and audio rendering infrastructure, which tells you this isn't a single-use-case sector. As shown in this breakdown of IoT performance engineering, the architectural demands on IoT software are intensifying fast. And with blockchain-based IoT integration gaining traction as a structural theme, the companies that scale here will likely be the ones solving for interoperability first.
Ranked: Best IoT Applications companies in United Kingdom
| # | Company | Disclosed funding | Last round | Stage | Employees | Founded | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Open Energi Provider of AI and cloud-based load management systems 24Moat top 32%Product top 37%Innovation top 40%Funding top 41% All 10 signals ▾Moattop 32% Producttop 37% Innovationtop 40% Fundingtop 41% Patentstop 45% Growthbottom 42% Globalbottom 40% Marketbottom 37% Techbottom 29% Fin. healthbottom 26% Moat: Editorial + unicorn rating 5/10 · IP moat: 56 patents Product: 0 product launch events in 12 mo · 7 distinct product lines rank vs industry peers · Fliar Intelligence Index 24/100 | $167M | 115 mo ago | Acquired | 26 | 1999 | — | 56 patents Smart grid control and battery storage management for electrical loads and components | — |
| 2 | Dexory Developer of autonomous robots and software for warehouse inventory management 60AI top 15%Funding top 16%Talent top 28%Patents top 30% All 13 signals ▾AItop 15% Fundingtop 16% Talenttop 28% Patentstop 30% Moattop 31% Newstop 38% Innovationtop 44% Partnerstop 45% Producttop 45% Growthtop 47% Techbottom 48% Globalbottom 47% Marketbottom 27% AI: Holds AI/ML patents (G06N-family CPC) Funding: Raised $120M across 11 rounds · 11 rounds over 8 yrs (1.4/yr) rank vs industry peers · Fliar Intelligence Index 60/100 | $120M | 2 mo ago | Series C | 11 | 2015 | 7 signals ▼36% Funding · Capital raise | 18 patents Warehouse automation and intelligent package measurement/monitoring systems | — |
| 3 | Reactive Technologies Developer of cloud-based demand-side management solutions 57Patents top 22%Moat top 28%Innovation top 29%Funding top 29% All 10 signals ▾Patentstop 22% Moattop 28% Innovationtop 29% Fundingtop 29% Growthtop 42% Globaltop 48% Fin. healthbottom 49% Talentbottom 49% Techbottom 48% Marketbottom 47% Patents: 71 patents matched (strict assignee match) · 2 filings since 2022 vs 1 in 2017-21 Moat: Editorial + unicorn rating 8/10 · IP moat: 71 patents rank vs industry peers · Fliar Intelligence Index 57/100 | $95M | 24 mo ago | Series D | 58 | 2010 | — | 71 patents Patents concentrated in computing, sensing & instrumentation | 1 job opening |
| 4 | MachineMetrics Developer of machine monitoring software for industrial manufacturing production operations 67Tech top 24%Growth top 26%Talent top 28%Funding top 41% All 6 signals ▾Techtop 24% Growthtop 26% Talenttop 28% Fundingtop 41% Marketbottom 43% Globalbottom 37% Tech: 47 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon Ses Growth: Headcount 43 → 72 (+67%) across vintages rank vs industry peers · Fliar Intelligence Index 67/100 | $38M | 60 mo ago | Series B | 72 72 → 48 (-33%) · sector median +6% | 2014 | — | — | — |
| 5 | Purple Provider of guest WiFi solutions with analytics, CRM, and marketing tools 67Tech top 18%Funding top 33%Product top 33%Innovation top 36% All 9 signals ▾Techtop 18% Fundingtop 33% Producttop 33% Innovationtop 36% Talenttop 38% Growthtop 45% Markettop 48% Moattop 48% Globalbottom 37% Tech: 67 technologies across 6/8 capability areas · Cloud: Amazon Web Services, Cloudflare Funding: Raised $24.8M across 4 rounds · 4 rounds over 11 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 67/100 | $25M | 31 mo ago | Acquired | 94 94 → 163 (+73%) · sector median +6% | 2012 | — | — | 1 expansion · 1 award |
| 6 | DeepStream Technologies Sensor manufacturer for electrical devices to save energy | $20M | 236 mo ago | Deadpooled | 82 | 2004 | — | 37 patents Advanced power system protection and control devices for fault current compensation and switchgear functions | — |
| 7 | WEMS Online wireless energy management system | $20M | 165 mo ago | Public | 117 | 1990 | — | — | — |
| 8 | 4energy Provider of cooling products and software solutions | $20M | 141 mo ago | Series B | 5 | 2004 | — | 71 patents Industrial air filtration and ventilation systems for equipment and environmental control | — |
| 9 | Converge Provider of concrete monitoring solutions, data management, and AI-powered mix insights 69Innovation top 23%Growth top 32%Product top 32%AI top 35% All 10 signals ▾Innovationtop 23% Growthtop 32% Producttop 32% AItop 35% Fundingtop 36% Moattop 39% Techtop 47% Talentbottom 49% Marketbottom 43% Globalbottom 39% Innovation: 4 product lines · Deep-tech classification: Tech Hardware Growth: Headcount 27 → 36 (+33%) across vintages · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 69/100 | $19M | 12 mo ago | Series B | 36 36 → 77 (+114%) · sector median +6% | 2014 | — | — | — |
| 10 | GripAble Provider of cloud-based rehabilitation device with a companion app for the patients 53Growth top 21%Funding top 32%AI top 45%Talent bottom 49% All 8 signals ▾Growthtop 21% Fundingtop 32% AItop 45% Talentbottom 49% Productbottom 48% Techbottom 45% Globalbottom 37% Marketbottom 27% Growth: Headcount 11 → 27 (+145%) across vintages · Fresh capital in last 24 mo Funding: Raised $16.5M across 6 rounds · 6 rounds over 9 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 53/100 | $17M | 3 mo ago | Series A | 27 27 → 17 (-37%) · sector median +6% | 2016 | — | — | — |
| 11 | Utopi Provider of SaaS platform to manage smart buildings 35Funding top 36%Tech bottom 49%Talent bottom 49%Market bottom 42% All 7 signals ▾Fundingtop 36% Techbottom 49% Talentbottom 49% Marketbottom 42% Productbottom 40% Newsbottom 32% Globalbottom 32% Funding: Raised $13.0M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) Tech: 23 technologies across 3/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 35/100 | $13M | 11 mo ago | Seed | 52 | 2019 | — | — | 2 launchs |
| 12 | TOWER Cold Chain Solutions Provider of cold chain monitoring solutions 50Moat top 25%Patents top 28%News top 29%Growth top 35% All 11 signals ▾Moattop 25% Patentstop 28% Newstop 29% Growthtop 35% Producttop 38% Innovationtop 41% Techtop 41% Fundingtop 45% Globalbottom 40% Marketbottom 38% Partnersbottom 35% Moat: Editorial + unicorn rating 6/10 · IP moat: 42 patents Patents: 42 patents matched (strict assignee match) · 21 filings since 2022 vs 11 in 2017-21 rank vs industry peers · Fliar Intelligence Index 50/100 | $12M | 46 mo ago | Acquired | 85 | 2009 | 8 signals ▲700% Leadership · Announcements · New product | 42 patents Insulated transport containers integrating phase‑change material modules and harness systems | — |
| 13 | PowerOasis DER platform to integrate batteries, solar | $12M | 160 mo ago | Deadpooled | 25 | 2006 | — | 41 patents Modular battery management and monitoring solutions for telecom base station power systems | — |
| 14 | KisanHub Provider of a cloud-based farm management software | $11M | 67 mo ago | Series A | 15 | 2012 | — | — | — |
| 15 | Palarum Provider of eTextile wearable technology for patients 45Innovation top 23%Product top 36%Talent top 38%Funding top 46% All 7 signals ▾Innovationtop 23% Producttop 36% Talenttop 38% Fundingtop 46% Techtop 49% Globalbottom 37% Marketbottom 25% Innovation: 9 product lines · Deep-tech classification: Tech Hardware Product: 9 distinct product lines · Company stage: Series A rank vs industry peers · Fliar Intelligence Index 45/100 | $11M | 13 mo ago | Series A | — | 2016 | — | — | 1 launch |
| 16 | Measurable.energy Provider of appliance-level energy control using AI to eliminate wasted energy 13Funding top 43%Talent bottom 49%Global bottom 39%Market bottom 21% All 4 signals ▾Fundingtop 43% Talentbottom 49% Globalbottom 39% Marketbottom 21% Funding: Raised $10.6M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 13/100 | $11M | 19 mo ago | Series A | 4 | 2018 | — | — | — |
| 17 | Senseye Offering cloud-based platform for acoustics-based condition monitoring solutions | $10M | 68 mo ago | Acquired | 51 | 2015 | — | 6 patents Predictive maintenance for industrial machines using IoT sensors and AI-driven condition monitoring. | — |
| 18 | Irisys Hardware and software provider of sensors for offline businesses | $10M | 260 mo ago | Acquired | 29 | 1996 | — | — | — |
| 19 | QiO AI-driven building energy and asset management software solutions 11Talent top 38%AI top 45%Funding top 47%Global bottom 37% All 9 signals ▾Talenttop 38% AItop 45% Fundingtop 47% Globalbottom 37% Techbottom 36% Marketbottom 29% Newsbottom 27% Fin. healthbottom 17% Growthbottom 16% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated AI: Product described with: ai-driven rank vs industry peers · Fliar Intelligence Index 11/100 | $10M | 40 mo ago | Series B | 27 27 → 28 (+4%) · sector median +6% | 2015 | — | — | — |
| 20 | Silent Herdsman Beylikdüzü Escort: Providing discreet, elite escort services in Istanbul | $9M | 146 mo ago | Acqui-Hired | 4 | 2009 | — | — | — |
| 21 | Vantage Power Hybrid drivetrains for buses | $8M | 110 mo ago | Acquired | 28 28 → 36 (+29%) · sector median +6% | 2011 | — | — | — |
| 22 | Isotera LED lighting with contactless power technology | $8M | 138 mo ago | Series A | 11 | 2010 | — | 23 patents High‑voltage power distribution couplers and control circuitry for electrical grid systems | — |
| 23 | CSignum Platform providing IoT-enabled monitoring solutions for aquaculture 24Funding top 38%Patents top 47%Moat bottom 49%Talent bottom 49% All 9 signals ▾Fundingtop 38% Patentstop 47% Moatbottom 49% Talentbottom 49% Innovationbottom 46% Techbottom 42% Globalbottom 40% Marketbottom 29% Newsbottom 18% Funding: Raised $8.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Patents: 8 patents matched (strict assignee match) · 4 filings since 2022 vs 4 in 2017-21 rank vs industry peers · Fliar Intelligence Index 24/100 | $8M | 13 mo ago | Acquired | 23 23 → 28 (+22%) · sector median +6% | 2020 | — | 8 patents Underwater acoustic communication, navigation, and flow monitoring for mobile devices | — |
| 24 | enModus Building energy management solutions | $8M | 107 mo ago | Deadpooled | 17 | 2010 | — | 28 patents Timing synchronization, spread-spectrum reference, interference cancellation, and power‑monitoring for communication systems | — |
| 25 | IntelliSense.io Empowering people and machines to make intelligent decisions | $8M | 70 mo ago | Seed | 102 | 2013 | — | 39 patents Patents concentrated in transport & manufacturing processes | 1 award |
| 26 | Novosound Provider of ultra-sound sensors for pipeline monitoring | $6M | 78 mo ago | Series A | 35 35 → 34 (-3%) · sector median +6% | 2018 | — | 63 patents Patents concentrated in transport & manufacturing processes | 1 expansion |
| 27 | Concurrent Thinking Develops products that help to manage energy usage in data centers | $6M | 147 mo ago | Series A | 11 | 2000 | — | — | — |
| 28 | Ignite Energy Technology solutions provider for energy management | $6M | 82 mo ago | Acquired | 76 76 → 97 (+28%) · sector median +6% | 2009 | — | — | — |
| 29 | Sensoteq Developer of IoT monitoring solutions for industrial machinery 42Tech top 30%Talent top 38%Funding top 44%Growth top 45% All 11 signals ▾Techtop 30% Talenttop 38% Fundingtop 44% Growthtop 45% Producttop 47% Patentsbottom 42% Moatbottom 42% Globalbottom 41% Marketbottom 37% Innovationbottom 37% Newsbottom 22% Tech: 37 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 42/100 | $6M | 31 mo ago | Series A | 39 | 2016 | — | 2 patents Mounting hardware for integrating sensors into measurement devices | — |
| 30 | CyanConnode Provider of narrowband radio frequency mesh networks for IoT communications | $5M | 92 mo ago | Public | 47 47 → 98 (+109%) · sector median +6% | — | 8 signals ▼27% Earnings · Board · Funding | — | 1 partnership |
| 31 | WheelRight Provider of tire management platform | $4M | 76 mo ago | Late Stage | 21 21 → 22 (+5%) · sector median +6% | 2004 | — | 111 patents Non‑destructive imaging and analysis of tyre sidewalls for defect detection and quality control. | — |
| 32 | ThingCo Provider of an AI & cloud-driven telematics solution 16Talent top 38%Moat top 39%Funding top 48%Global bottom 39% All 7 signals ▾Talenttop 38% Moattop 39% Fundingtop 48% Globalbottom 39% Techbottom 34% Marketbottom 25% Newsbottom 22% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Moat: Editorial + unicorn rating 7/10 · 10 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 16/100 | $4M | 10 mo ago | Series A | 24 24 → 23 (-4%) · sector median +6% | 2018 | — | — | — |
| 33 | OpenSensors SaaS-driven IoT-enabled building management solution | $4M | 66 mo ago | Seed | 5 | 2016 | — | — | — |
| 34 | PhotonStar LED LED modules and connected lighting | $3M | 89 mo ago | Deadpooled | 40 | 2007 | — | 81 patents Advanced high‑color LED lighting, wireless control nodes, and thermal packaging for optoelectronics | — |
| 35 | Senselogix Provider of energy and utility data management software and services | $3M | 138 mo ago | Series B | 8 | 2009 | — | 11 patents Smart home energy management and appliance control systems for optimized power usage. | — |
| 36 | Beet Analytics Technology Machine diagnostic and analytical tools for manufacturing. | $3M | 77 mo ago | Seed | 27 27 → 29 (+7%) · sector median +6% | 2011 | — | — | — |
| 37 | Weft Sensors and Analytics for Supply Chain visibility | $3M | 121 mo ago | Acquired | 15 | 2013 | — | — | — |
| 38 | Trameto IoT-enabled applications for power management | $3M | 49 mo ago | Seed | 8 | 2017 | — | 11 patents Efficient power management circuits for harvesting and conditioning renewable energy sources. | — |
| 39 | Virtual Power Solutions Virtual power plant management and energy management softwares | $2M | 68 mo ago | Deadpooled | — | 2015 | — | — | — |
| 40 | Ondo Insurance risk transfer and reduction solutions for home insurers | $2M | 30 mo ago | Public | 5 | 2021 | 5 signals ▲150% Earnings · IPO · Regulatory | — | 1 partnership |
| 41 | LAIIER Provider of cloud-based smart buildings solutions 35Growth top 35%Innovation top 46%Patents top 46%Funding top 47% All 9 signals ▾Growthtop 35% Innovationtop 46% Patentstop 46% Fundingtop 47% Talentbottom 49% Techbottom 42% Moatbottom 42% Globalbottom 36% Marketbottom 25% Growth: Fresh capital in last 24 mo Innovation: 5 patents (top 83% of patent-holders) · 5 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 35/100 | $2M | 18 mo ago | Seed | — | 2021 | — | 5 patents Fluid leak detection sensors and differential pest monitoring technologies | — |
| 42 | Pearlstone Provider of cloud-based solution for commercial and industrial demand side response | $2M | 34 mo ago | Seed | 2 | 2015 | — | — | — |
| 43 | KiWi Power SaaS-driven building energy management solution for buildings | $2M | 90 mo ago | Deadpooled | 3 | 2009 | — | — | — |
| 44 | DFx Technology IoT-enabled provider of LED products, cooling system and remote energy management systems | $2M | 142 mo ago | Seed | 25 25 → 26 (+4%) · sector median +6% | 2003 | — | 5 patents Precise temperature sensing and advanced energy management for HVAC and industrial processes | — |
| 45 | Kinsetsu Platform offering IoT asset tracking software | $2M | 41 mo ago | Acquired | 21 21 → 13 (-38%) · sector median +6% | 2016 | — | — | 2 launchs · 1 partnership |
| 46 | Reactec Provider of wearable devices and cloud-based analytics for workplace risk prevention | $2M | 71 mo ago | Acquired | 38 38 → 42 (+11%) · sector median +6% | 2001 | — | 49 patents Industrial vibration monitoring and safety-distance apparatus for rotating machinery | — |
| 47 | Smart Container Provider of real-time tracking solutions for returnable containers used for liquids | $1M | 56 mo ago | Seed | 7 | 2018 | — | 12 patents Liquid level and quality sensing in containers using electronic monitoring devices. | — |
| 48 | InferSens Provider of AI-integrated IoT sensors for water flow monitoring | $1M | 48 mo ago | Seed | 11 | 2017 | — | 2 patents Machine learning algorithms for sensor data acquisition and interpretation. | — |
| 49 | Handi Provider of touchless, brand-customisable hand sanitiser dispensers for commercial use | $677K | 59 mo ago | Seed | 2 | 2020 | — | — | — |
| 50 | CreevX Provider of solutions for water management and monitoring | $193K | 23 mo ago | Seed | 4 | 2018 | — | — | — |
Top 12 IoT Applications companies in United Kingdom
#1
Series C · Wallingford, England · founded 2015 · 11 employees$120Mraised▾
Series C · Wallingford, England · founded 2015 · 11 employees
Developer of autonomous robots and software for warehouse inventory management. These systems perform automated scanning of storage facilities to capture physical stock data. The platform integrates this information with existing warehouse management systems to identify discrepancies and monitor space utilization. Analytical tools process the collected data to provide insights regarding stock accuracy, item placement, and operational efficiency. The technology functions to replace manual audit processes by providing visibility into inventory levels and facility conditions.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
AI
top 15%Funding
top 16%Talent
top 28%Patents
top 30%Moat
top 31%News
top 38%AI: Holds AI/ML patents (G06N-family CPC)
Funding: Raised $120M across 11 rounds · 11 rounds over 8 yrs (1.4/yr) · Last round Series C (Mar 2026)
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Audience (LinkedIn): 35k LinkedIn followers — 19.7% of this cohort's audience
Funding rounds
- Mar 2026Series C$11.4M
- Oct 2025Series C$100M
- Oct 2025Venture Debt$65M
- Oct 2024Conventional Debt$24M
Founders & team
Investors
Lakestar, Kindred Capital, Capnamic Ventures, Atomico, Maersk Growth, RobotUnion
Tech stack
CloudflareCloudflare Bot ManagementCore-JsDemandbaseGoogle AnalyticsGoogle Tag Manager
#2
Series A · London, England · founded 2016 · 27 employees$16.5Mraised▾
Series A · London, England · founded 2016 · 27 employees
Provider of cloud-based rehabilitation device with a companion app for the patients recovering from medical procedures or hospitalization, particularly those affected by stroke. The company has developed a Bluetooth-enabled personal rehabilitation device with a companion app. The app has developed a series of games in which users squeeze the device and loosen their grip to play. It measures grip strength and hand motion to assess and track the patient's cognitive and physical movements over time through a machine learning algorithm.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Growth
top 21%Funding
top 32%AI
top 45%Talent
bottom 49%Product
bottom 48%Tech
bottom 45%Growth: Headcount 11 → 27 (+145%) across vintages · Fresh capital in last 24 mo
Funding: Raised $16.5M across 6 rounds · 6 rounds over 9 yrs (0.7/yr) · Last round Series A (Mar 2026)
AI: Product described with: machine learning
Audience (LinkedIn): 2k LinkedIn followers
Funding rounds
- Mar 2026Series A$2.7M
- Apr 2022Series A$11M
- Mar 2021Seed$2.2M
- Feb 2019Seed$142.3K
Founders & team
Investors
Oxford Technology, Gov, Triple Point, Imperial College London, IP Group, Parkwalk
Tech stack
AutoptimizeBackbone.JsCloudflareCloudflare Rocket LoaderCookiebotGoogle Analytics
#3
Series B · London, England · founded 2014 · 36 employees$18.8Mraised▾
Series B · London, England · founded 2014 · 36 employees
Provider of concrete monitoring solutions, data management, and AI-powered mix insights. The company offers sensors for real-time strength and temperature monitoring. It automates concrete data collection, reducing waste and human error. Predictive and generative artificial intelligence delivers insights for mix selection, optimisation, and design.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Innovation
top 23%Growth
top 32%Product
top 32%AI
top 35%Funding
top 36%Moat
top 39%Innovation: 4 product lines · Deep-tech classification: Tech Hardware
Growth: Headcount 27 → 36 (+33%) across vintages · Fresh capital in last 24 mo
Product: 4 distinct product lines · 2 published apps (5.8k installs) · Company stage: Series B
Audience (LinkedIn): 8k LinkedIn followers — 4.8% of this cohort's audience
Funding rounds
- May 2025Series B$22M
- May 2022Series A$18.8M
- Oct 2015Grant (prize money)$38.6K
Founders & team
Investors
MassChallenge, OGCI, Climate Investment, ABN AMRO, Move Energy, PI Impact
Tech stack
CdnjsCloudflareGoogle AnalyticsGoogle Tag ManagerJqueryJsdelivr
#4
Seed · Hamilton, Scotland · founded 2019 · 52 employees$13Mraised▾
Seed · Hamilton, Scotland · founded 2019 · 52 employees
Provider of SaaS platform to manage smart buildings. It offers a data integration platform that aggregates operational and environmental data of buildings from IoT sensors and other digital systems, analyses and compares with benchmark performance to measure asset performance. Its features include remote monitoring and real-time analytics.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Funding
top 36%Tech
bottom 49%Talent
bottom 49%Market
bottom 42%Product
bottom 40%News
bottom 32%Funding: Raised $13.0M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Conventional Debt (Jun 2025)
Tech: 23 technologies across 3/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management, Http/3
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 5k LinkedIn followers — 2.7% of this cohort's audience
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
- Jun 2025Conventional Debt$6.8M
- Mar 2023Conventional Debt$6.2M
- May 2022Seed—
Founders & team
Investors
The Scottish National Investment Bank, ASK4, Scottish Enterprise
Tech stack
All In One SeoCloudflareCloudflare Bot ManagementCookieyesCore-JsFont Awesome
#5
Series A · London, England · founded 2016$11Mraised▾
Series A · London, England · founded 2016
Provider of eTextile wearable technology for patients. It claims to be working on a platform that will provide insights using analytics and patient data for improving patient safety. It plans to offer an integrated solution that monitors patient movement through the use of a patented smart textile fabric enhanced with various IoT (Internet of Things) technologies.
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Innovation
top 23%Product
top 36%Talent
top 38%Funding
top 46%Tech
top 49%Global
bottom 37%Innovation: 9 product lines · Deep-tech classification: Tech Hardware
Product: 9 distinct product lines · Company stage: Series A
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 817 LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- May 2025Series A$2.5M
- Jan 2023Series A$3.7M
- Feb 2021Conventional Debt$1.9M
- May 2018Series A$3.8M
Founders & team
Tech stack
Apache Http ServerApple Icloud MailAstraBeaver BuilderBluehostCloudflare
#6
Series A · London, England · founded 2018 · 24 employees$4.1Mraised▾
Series A · London, England · founded 2018 · 24 employees
ThingCo provides an AI & cloud-driven telematics solution. It provides B2B & B2C products & services to address the weaknesses in the current market using a deep understanding of insurance & telematics, real-time risk mitigation & more.
Fliar Intelligence Index™ 16how this company ranks against its industry peers
Talent
top 38%Moat
top 39%Funding
top 48%Global
bottom 39%Tech
bottom 34%Market
bottom 25%Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Moat: Editorial + unicorn rating 7/10 · 10 curated direct competitors tracked
Funding: Raised $4.1M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) · Last round Series A (Jul 2025)
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
- Jul 2025Series A$2.7M
- Jan 2021Series A$4.1M
Founders & team
Investors
BGL Group, Insurtech Hub, InsurTech NY, Bhl Uk Holdings Ltd, Aioi Nissay Dowa Insurance, Prospero Capital Limited
Tech stack
Amazon Web ServicesReactStyled-ComponentsGatsbyAmazon S3Amazon Cloudfront
#7
Series D · London, England · founded 2010 · 58 employees$94.6Mraised▾
Series D · London, England · founded 2010 · 58 employees
Developer of cloud-based demand-side management solutions. It provides users with real-time measurement of power grid inertia and system strength. The company specializes in Grid-Enhancing Technologies that address the complexities of transitioning to renewable energy sources. Through the use of Grid Edge Measurement devices and cloud-based digital signal processing, it creates a high-precision measurement overlay that enhances existing network assets. This innovative approach allows for the continuous monitoring of the power grid's dynamic physics, contributing to a more stable and efficient energy system.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Patents
top 22%Moat
top 28%Innovation
top 29%Funding
top 29%Growth
top 42%Global
top 48%Patents: 71 patents matched (strict assignee match) · 2 filings since 2022 vs 1 in 2017-21 · Latest publication 2024
Moat: Editorial + unicorn rating 8/10 · IP moat: 71 patents · Soonicorn
Innovation: 71 patents (top 25% of patent-holders) · 2 filings since 2022 vs 1 in 2017-21
Audience (LinkedIn): 8k LinkedIn followers — 4.7% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Technical Solutions Lead (US)
Funding rounds
- May 2024Series D$31M
- Feb 2024Series C$1.1M
- May 2022Series C—
- Dec 2021Series C$864.9K
Founders & team
Investors
Toshiba Corporation, Equinor, M&G, BGF, Breakthrough Energy, Octopus Investments
Tech stack
CdnjsCloudflareCloudflare Bot ManagementCookiebotCore-JsElementor
#8
Acquired · Bathgate, Scotland · founded 2020 · 23 employees$8Mraised▾
Acquired · Bathgate, Scotland · founded 2020 · 23 employees
Platform providing IoT-enabled monitoring solutions for aquaculture. It allows fish and seafood farms to track water quality, temperature, and other critical parameters in real time. The platform supports data collection, analysis, and reporting to optimize farm productivity and sustainability.
Fliar Intelligence Index™ 24how this company ranks against its industry peers
Funding
top 38%Patents
top 47%Moat
bottom 49%Talent
bottom 49%Innovation
bottom 46%Tech
bottom 42%Funding: Raised $8.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series A (Apr 2025)
Patents: 8 patents matched (strict assignee match) · 4 filings since 2022 vs 4 in 2017-21 · Latest publication 2024
Moat: Editorial + unicorn rating 1/10 · IP moat: 8 patents
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
- Apr 2025Series A$8M
Founders & team
Investors
Archangels, Par Equity, Scottish Enterprise, British Business Bank, Raptor Group, Deep Future
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementGoogle AnalyticsGoogle Font ApiGoogle Tag Manager
#9
Series A · Reading, England · founded 2018 · 4 employees$10.6Mraised▾
Series A · Reading, England · founded 2018 · 4 employees
Provider of appliance-level energy control using AI to eliminate wasted energy. The company offers smart sockets and a control platform to cut carbon and electricity bills. It identifies and shuts down hidden energy drains automatically. The system combines hardware, software, and AI in an energy control center. It detects fire risks, tracks occupancy trends, and powers preventative maintenance.
Fliar Intelligence Index™ 13how this company ranks against its industry peers
Funding
top 43%Talent
bottom 49%Global
bottom 39%Market
bottom 21%Funding: Raised $10.6M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) · Last round Series A (Oct 2024)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Global: Investors from 3 countries beyond United Kingdom
Audience (LinkedIn): 6k LinkedIn followers — 3.5% of this cohort's audience
Funding rounds
- Oct 2024Series A$5.2M
- Jan 2023Series A$5.4M
Founders & team
Investors
Vertex Holdings, Clean Growth Fund, Bonheur, RO Group, Vectr 7, MMC Ventures
#10
Seed · London, England · founded 2021$2.1Mraised▾
Seed · London, England · founded 2021
Provider of cloud-based smart buildings solutions. It offers a LoRa network that transforms coatings into the connected surface for real-time moisture level monitoring, occupancy tracking, hygienic interaction and cleaning monitoring and energy usage management. Its features include dashboard view, event classification, cloud connectivity, and maintenance management.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Growth
top 35%Innovation
top 46%Patents
top 46%Funding
top 47%Talent
bottom 49%Tech
bottom 42%Growth: Fresh capital in last 24 mo
Innovation: 5 patents (top 83% of patent-holders) · 5 filings since 2022 vs 0 in 2017-21 · Deep-tech classification: Tech Hardware
Patents: 5 patents matched (strict assignee match) · 5 filings since 2022 vs 0 in 2017-21 · Latest publication 2025
Audience (LinkedIn): 3k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Dec 2024Seed$7M
- Jul 2022Seed$2.1M
Founders & team
Investors
Mundi Ventures, Burnt Island, Closed Loop Partners, Onesmallplanet, Virta Ventures, Bonaventure Capital
Tech stack
AosApple Icloud MailCloudflareCloudflare Bot ManagementCore-JsGodaddy
#11
Acquired · Oldham, England · founded 2012 · 94 employees$24.8Mraised▾
Acquired · Oldham, England · founded 2012 · 94 employees
Provider of guest WiFi solutions with analytics, CRM, and marketing tools. The company offers solutions for enterprises, small businesses, and multi-tenant properties. It provides secure guest WiFi, data privacy, and analytics. The company’s offerings include captive portal, secure pass, and customer surveys. The platform integrates with existing hardware and offers customer feedback tools.
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Tech
top 18%Funding
top 33%Product
top 33%Innovation
top 36%Talent
top 38%Growth
top 45%Tech: 67 technologies across 6/8 capability areas · Cloud: Amazon Web Services, Cloudflare · Devops: Envoy, Nginx
Funding: Raised $24.8M across 4 rounds · 4 rounds over 11 yrs (0.4/yr) · Last round Series B (Oct 2023)
Product: 3 distinct product lines · 3 published apps (122k installs) · Company stage: Acquired
Audience (LinkedIn): 32k LinkedIn followers — 18.2% of this cohort's audience
Activity (LinkedIn): 1 awards · 1 expansions announced in 12 mo
Funding rounds
- Oct 2023Series B$12.7M
- Jun 2021Series A—
- Sep 2016Series A$3.1M
- Aug 2016Conventional Debt$3.9M
Founders & team
Investors
BGF, Juno Capital, BOOST&Co, Riverside, William Currie Group
Tech stack
Alpine.JsAmazon Web ServicesAnimate.CssCdnjsCloudflareCloudflare Bot Management
#12
Acquired · London, England · founded 1999 · 26 employees$166.7Mraised▾
Acquired · London, England · founded 1999 · 26 employees
Open Energi offers energy demand management solutions that react to changes in the balance between supply and demand on the electricity grid and contributes to keeping the grid in balance. The dynamic demand technology integrates with a range of equipment from fridges to furnaces and turns them into smart devices which can adjust their energy consumption in real-time to help the grid manage electricity supply and demand. It offers analytics based on demand response for utilities to act accordingly.
Fliar Intelligence Index™ 24how this company ranks against its industry peers
Moat
top 32%Product
top 37%Innovation
top 40%Funding
top 41%Patents
top 45%Growth
bottom 42%Moat: Editorial + unicorn rating 5/10 · IP moat: 56 patents
Product: 0 product launch events in 12 mo · 7 distinct product lines · Company stage: Acquired
Innovation: 56 patents (top 28% of patent-holders) · 14 filings since 2022 vs 36 in 2017-21 · 7 product lines
Funding rounds
- Oct 2016Series C$25M
- Feb 2015Grant (prize money)$917.3K
- Jan 2015Series C$8M
- Sep 2012Series C$113M
Investors
Low Carbon Germany, Naxos Capital Partners, Carbon Trust, Ombu Group, Europa, 350 Investment Partners
Tech stack
Cart FunctionalitySquarespace CommerceSquarespaceStimulusGoogle AnalyticsPriority Hints
Funding & investor landscape
$782.2Mtotal disclosed funding
90companies funded
224disclosed rounds
2rounds last 90 days
Most active investors
Gov7 rounds
Startupbootcamp7 rounds
Notable founders
Oana Jinga
Co-Founder & CCO & CPO · Dexory
Adrian Negoita
Co-Founder & CTO · Dexory
Mike Mace
CTO - Cofounder · GripAble
Gideon F
Co-Founder & CTO · Converge
Jonathan Burridge
Founder & CEO · Utopi
Chris Baker
Co-Founder & VP Of BD & Marketing · Palarum
Patrick Baker
Co-Founder & CEO · Palarum
Jonathon Valentine
Co-Founder & CIO · ThingCo
Mike Brockman
Co-Founder & CEO · ThingCo
Marc Borrett
Co-Founder & CEO · Reactive Technologies
Chris Brooks
Chief Executive Officer · CSignum
Dan Williams
CEO & Co-Founder · Measurable.energy
Prism market signals · United Kingdom · country-scoped Prism corpus, 2,474,484 docs
Market landscape — 10 sub-themes by coverage
Share of IoT Applications coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
How many IoT Applications companies are there in United Kingdom?
Radar tracks 343 indexable IoT Applications companies headquartered in United Kingdom that meet our profile-completeness bar.
What is the total funding raised by IoT Applications companies in United Kingdom?
The IoT Applications companies in United Kingdom on this list have raised a combined $782.2M in disclosed equity funding across 90 funded companies.
Which is the highest-funded IoT Applications company in United Kingdom?
Open Energi is the highest-funded IoT Applications company in United Kingdom, with $166.7M in disclosed equity funding.
How many IoT Applications companies in United Kingdom are funded?
90 of the 343 IoT Applications companies in United Kingdom on this list have disclosed at least one equity funding round.
How many IoT Applications unicorns are there in United Kingdom?
None of the IoT Applications companies in United Kingdom on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in United Kingdom IoT Applications companies?
The most active investors in United Kingdom IoT Applications companies on this list include Europa, Gov, SETsquared, Scottish Enterprise, Startupbootcamp.
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.