The 10 Hottest IoT Startups of 2025 (So Far)

• The IoT market is set to grow from $369 billion to $908 billion by 2034.
• Innovative startups are leading advances in connectivity, AI applications, and predictive maintenance.
• 1NCE and Skylo are among notable startups shaping IoT connectivity solutions.
• AssetWatch and Augury focus on improving efficiency and reducing waste in manufacturing.
• Funding rounds for these startups indicate strong investment and growth potential across the IoT space.

Exploring the Expanding Internet of Things Market

Key Players in the IoT Landscape The Internet of Things (IoT) market is witnessing explosive growth, projected to soar from $369 billion last year to a staggering $908 billion by 2034, a report by Transforma Insights says. Riding this wave of demand, innovative startups are emerging, focusing on everything from seamless device connectivity to the development of advanced AI applications. Transformative approaches are being taken to predict equipment problems and leverage sensor data for deeper insights, maintaining relevance in a sector forecasted to encompass over 40 billion connected devices by 2034.

Meet the Pioneers of the Current IoT Wave

Ten Startups Leading the Charge in 2025 CRN has rounded up the ten hottest IoT startups making waves in 2025 thus far. This eclectic mix features visionary connectivity players like 1NCE and Skylo, alongside industrial innovators such as AssetWatch and August, and other promethean startups—most notably Butlr, 75F, Tive, and Viam. Among these, 1NCE is notable for its ambitious goal of simplifying IoT hassle with a robust software platform designed to securely gather device data and transform it into actionable insights—indeed, this Cologne-based outfit recently scooped up $60 million to give its U.S. expansion a solid push, boosting total funding to $160 million.

Chasing Innovation—Investment Powers Growth

The Innovators Driving IoT Advancements Following closely behind are 75F, shaking up HVAC automation with smart solutions that prioritize affordability and ease of deployment. Coming out of Bloomington, Minnesota, they just achieved a $45 million Series B funding boost. Meanwhile, AssetWatch in Columbus, Ohio, is putting its AI-based predictive maintenance to use, ensuring manufacturers can proactively address machinery issues, having recently raised $75 million in Series C funding. Not to be outdone, New York’s Augury helps factories cut waste and improve efficiency with its AI-driven health solutions, having also garnered $75 million in funding earlier this year.

Consolidating Market Dominance in Emerging IoT Sectors

A Transformative Angle on Device Connectivity Not to forget, Blues is making security and connectivity a less daunting task by integrating hardware and software for cleaner cloud connections, all while attracting fresh capital led by Sequoia Capital for the company’s growth potential. Then there’s Butlr, with its unique body heat-sensing technology that respects privacy while providing critical insights into building use. With a funding round taking it to $75 million, it shows strong promise. Over in Australia, Myriota is on a mission to democratize satellite IoT connectivity with budget-friendly solutions, raising around $50 million in funding to reinforce their workforce and partnerships across the globe.

Large-Scale Connectivity Solutions in a Diverse Market

Connecting the Dots in Remote Regions With Skylo, remote IoT connectivity is being revolutionized, offering a seamless transition from cellular to satellite services, thereby bridging the gap for devices in far-flung areas. They recently raised $30 million, indicating significant backing and recognition. Finally, Tive and Viam are making strides by reimagining supply chains and promoting automation. Tive’s integrated platform aims to mitigate product spoilage and theft, a critical need in logistics. Viam’s engagement with varied partners shows they are deftly plotting the future of AI and automation in physical contexts. All these startups exemplify remarkable potential to reshape the world of connectivity and data management.

As the IoT landscape expands exponentially, these ten startups are emerging as key players offering innovative solutions across varied sectors. Their impressive funding rounds highlight investor confidence and the demand for smarter, more connected solutions. The future of IoT seems poised for incredibly exciting developments in the coming years, as these companies push the boundaries of what’s possible with technology now and beyond.