Australia's startup ecosystem features well known companies like Canva, which has secured billions in funding, and others like Employment Hero, which builds software for businesses.
The country also includes deep tech firms like Morse Micro, which has raised $205.8 million for its semiconductor technology.
Below is our list of 100 Australia startups worth keeping an eye on.
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Get the Sheet for $50Morse Micro develops Wi-Fi HaLow chips that provide secure, long-range, and low-power wireless connectivity for IoT devices. Their technology is engineered to extend the reach of traditional Wi-Fi, connecting smart devices far beyond their typical range.
| Headquarters | Surry Hills, New South Wales, Australia |
| Year Founded | 2016 |
| Founders | Andrew Terry, Michael De Nil |
| Funding Amount | $205.8M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Blackbird Ventures, Main Sequence Ventures, Startmate, CSIRO, Clean Energy Finance Corporation |
Isaacus builds foundational artificial intelligence models specifically for the legal tech industry. Their work serves as the core technology for other firms to develop their own AI-powered legal applications.
| Headquarters | Melbourne, Victoria, Australia |
| Year Founded | 2025 |
| Founders | Abdur-Rahman Butler, Anthony Butler, Umar Butler |
| Funding Amount | A$700k |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Pre-Seed |
| Top Investors | Galileo Ventures, Aura Ventures |
Heidi Health builds AI-powered software that helps primary care providers deliver better and more accessible patient care. Their platform is designed to assist with clinical documentation and administrative tasks, freeing up doctors to focus on their patients.
| Headquarters | Cremorne, New South Wales, Australia |
| Year Founded | 2019 |
| Founders | Thomas Kelly, Waleed Mussa, Yu Liu |
| Funding Amount | $91.6M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Anthropic, Menlo Ventures, Alumni Ventures, Headline, LocalGlobe |
Canva built an online design platform that gives non-designers simple tools for creating visual communications. The company's accessible interface and extensive library of templates allow users to produce everything from social media graphics to business presentations.
| Headquarters | Sydney, New South Wales, Australia |
| Year Founded | 2013 |
| Founders | Cameron Adams, Cliff Obrecht, Melanie Perkins |
| Funding Amount | $2.5B |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Secondary Market |
| Top Investors | Franklin Templeton, 500 Global, General Catalyst, Bessemer Venture Partners, HSG |
Q-CTRL develops infrastructure software to tackle hardware instability and errors in quantum technology. Their quantum control solutions help teams improve the performance of quantum computers and sensors.
| Headquarters | Chippendale, New South Wales, Australia |
| Year Founded | 2017 |
| Founders | Michael Biercuk |
| Funding Amount | $133M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Alumni Ventures, Sequoia Capital, HSG, Sierra Ventures, Ridgeline |
Relevance AI builds a platform that helps companies create and manage their own custom AI agents. Their technology is focused on automating complex reasoning tasks, allowing businesses to streamline internal workflows and operations.
| Headquarters | Surry Hills, New South Wales, Australia |
| Year Founded | 2020 |
| Founders | Daniel Palmer, Daniel Vassilev, Jacky Koh |
| Funding Amount | $42M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Insight Partners, Bessemer Venture Partners, Peak XV Partners, King River Capital, Galileo Ventures |
Employment Hero offers a comprehensive SaaS platform that automates HR, payroll, and benefits administration for businesses. They centralize employment management tools to help small and medium-sized companies streamline their people operations.
| Headquarters | Sydney, New South Wales, Australia |
| Year Founded | 2014 |
| Founders | Ben Thompson, Dave Tong |
| Funding Amount | $521.5M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Secondary Market |
| Top Investors | Insight Partners, Salesforce Ventures, TCV, Airtree Ventures, Partners for Growth |
Immutable created a platform to help developers build and scale the next generation of web3 games. They focus on making web3 gaming accessible to mainstream players, simplifying the complexities of blockchain technology.
| Headquarters | Sydney, New South Wales, Australia |
| Year Founded | 2018 |
| Founders | Alex Connolly, James Ferguson, Robbie Ferguson |
| Funding Amount | $277.4M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Temasek Holdings, Coinbase Ventures, Airtree Ventures, Tencent, Declaration Partners |
ROLLER builds a comprehensive software platform used by leisure and entertainment venues to manage their entire operation. The all-in-one system handles ticketing, point-of-sale, and guest management to help create seamless visitor experiences.
| Headquarters | Melbourne, Victoria, Australia |
| Year Founded | 2011 |
| Founders | Luke Finn, Mark Finn |
| Funding Amount | A$121.8M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Private Equity |
| Top Investors | Insight Partners, Partners for Growth, Acadian Software, Fairfax Media |
BingX operates a cryptocurrency exchange that gives traders access to spot, derivatives, and social trading markets. The platform allows users to execute their own trades or automatically copy the strategies of other successful investors.
| Headquarters | Sydney, New South Wales, Australia |
| Year Founded | 2018 |
| Founders | Josh Lu |
| Funding Amount | None |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | — |
| Top Investors | — |
90 Additional Australia Startups Worth Following
Our top 10 picks are just a small sample of the activity happening across Australia. Many of the country's promising new companies are focused on fintech and AI, collectively raising billions to fund their growth.
Some of these businesses are just beginning their journey, while others are much further along. Here’s a look at the other companies helping define Australia's startup scene.