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Top MES & Industrial IoT Startups

The highest-scoring startups in MES & Industrial IoT ranked by ThreadMoat's composite intelligence score — market opportunity, team execution, tech differentiation, funding efficiency, and competitive moat.

  1. 1

    HighByte

    Portland, ME, USA$12.0M
    4.72
    score
  2. 2

    Laminar (formerly H2Ok)

    Somerville, MA, USA$12.7M
    4.64
    score
  3. 3

    Cognite

    Bærum, Norway$225.0M
    4.56
    score
  4. 4

    DataProphet

    Cape Town, South Africa$16.0M
    4.43
    score
  5. 5

    Authentise

    London, UK
    4.42
    score
  6. 6

    First Resonance

    Los Angeles, CA, USA$30.0M
    4.40
    score
  7. 7

    Fabriq

    Paris, France$25.0M
    4.40
    score
  8. 8

    Nominal

    Los Angeles, USA$185.0M
    4.40
    score
  9. 9

    SmartUQ

    Madison, WI, USA$26.0M
    4.39
    score
  10. 10

    Greenlight Guru (acquired by JMI Equity in 2021)

    Indianapolis, IN, USA
    4.38
    score
  11. 11

    Tulip Interfaces

    Somerville, MA, USA$272.0M
    4.35
    score
  12. 12

    Guidewheel

    San Francisco, CA, USA$31.0M
    4.35
    score
  13. 13

    HiveMQ

    Landshut, Germany$49.3M
    4.33
    score
  14. 14

    TDEngine

    Santa Clara, CA, USA$400.0M
    4.32
    score
  15. 15

    Divergent

    Los Angeles, CA, USA$828.0M
    4.24
    score
  16. 16

    Arch Systems

    Palo Alto, CA, USA$24.0M
    4.23
    score
  17. 17

    Viam

    New York, NY, USA$117.0M
    4.22
    score
  18. 18

    Leucine

    Bengaluru, India$7.7M
    4.19
    score
  19. 19

    BaseTwo

    Toronto, ON, CA $3.9M
    4.18
    score
  20. 20

    Fictiv (acquired by MISUMI in 2025)

    San Francisco, California, USA
    4.18
    score
  21. 21

    Assemblio

    Stuttgart, Germany$2.3M
    4.17
    score
  22. 22

    Juno

    New York City, New York, USa
    4.17
    score
  23. 23

    Vitesse Automation

    Los Gatos, CA, USA
    4.17
    score
  24. 24

    Juno

    New York, New York 🇺🇸
    4.17
    score
  25. 25

    OpsMate

    Pittsburgh ,PA, USA$500K
    4.16
    score
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