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New South Wales is a major center for Australian startups, with companies in many different fields. Design platform Canva leads the pack, having raised $2.5 billion in funding.
The region also has strong companies in enterprise software and hardware. Employment Hero has secured $521.5 million for its HR platform, while Morse Micro has raised $205.8 million for its Wi-Fi chips.
Below is our list of 100 New South Wales startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
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 silicon is engineered to connect a massive number of devices over a greater distance than traditional Wi-Fi.
Heidi Health creates AI-powered software to help primary care providers manage clinical documentation and administrative tasks. Their tools are built to increase the quality and accessibility of care, freeing up physicians to focus more on their patients.
Canva built an intuitive online design platform to help non-designers create professional visual content. The service is popular for its simple drag-and-drop interface and a massive collection of templates for everything from presentations to social media posts.
Q-CTRL builds quantum control infrastructure software to stabilize quantum hardware and reduce errors. Their tools help accelerate the development of useful quantum computers and sensors by improving the performance of the underlying technology.
Relevance AI builds an operating system for AI agents that helps companies automate complex, repetitive tasks. The platform enables teams to create and manage their own AI workforce for functions like customer support, data analysis, and internal operations.
Employment Hero builds a comprehensive platform for small to medium-sized businesses to manage HR, payroll, and employee benefits. Their system centralizes employment administration, simplifying everything from recruitment to offboarding.
Immutable develops a platform for building and scaling the next generation of web3 games. Their tools help developers create digital assets and bring blockchain gaming to mainstream audiences.
BingX runs a crypto exchange platform offering spot, derivatives, and social trading features. Their service is particularly known for its copy trading system, which lets users automatically replicate the trades of more experienced investors.
InDebted offers a software-driven approach to debt collection, helping businesses manage and resolve outstanding customer accounts. The platform uses machine learning to improve collection outcomes by providing customers with flexible and personalized payment options.
They built an all-in-one platform to help businesses manage their hourly workforce, simplifying tasks like scheduling and tracking time. The software streamlines operations for managers and gives employees easy access to their schedules, tasks, and team communication.
Our top 10 picks offer just a glimpse into the exciting work happening across the state. Founders are building companies in everything from finance and AI to healthcare and energy, collectively raising billions to bring their ideas to life.
Some of these companies are just getting started, while others are already growing quickly. Here is a look at the other startups shaping the New South Wales ecosystem.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Media | 2004 | $355.1M | Secondary Market | |
| Fintech | 2013 | $89.4M | Debt Financing | |
| Security | 2015 | $101.5M | Series C | |
| Fintech | 2011 | A$80M | Private Equity | |
| Hardware | 2022 | $62.9M | Venture Round | |
| Crypto | 2021 | $52.3M | Series B | |
| Hardware | 2021 | A$1.2B | Debt Financing | |
| Cloud | 2014 | $3.4B | Debt Financing | |
| Fintech | 2005 | — | Series B | |
| Analytics | 2017 | $69.4M | Series A | |
| AI | 2023 | $49M | Series A | |
| Healthcare | 2019 | A$148M | Series C | |
| Crypto | 2021 | $9.7M | Series A | |
| Fintech | 2021 | $3.8M | Seed | |
| Food | 2020 | $7.7M | Seed | |
| Infrastructure | 2024 | A$16M | Seed | |
| AI | 2019 | A$23.2M | Venture Round | |
| Retail | 2021 | $27.4M | Private Equity | |
| Mobility | 2017 | $55.3M | Debt Financing | |
| Fintech | 2003 | $420M | Debt Financing | |
| Enterprise | 2015 | $49.4M | Series B | |
| Infrastructure | 2009 | $5.2B | Undisclosed | |
| Hardware | 2015 | $41.9M | Series C | |
| Marketing | 2021 | A$4.7M | Series A | |
| AI | 2022 | $38.8M | Series A | |
| Marketing | 2020 | A$2.5M | Pre-Seed | |
| Cloud | 1994 | A$66.3M | Secondary Market | |
| Fintech | 2010 | $20.5M | Series B | |
| Hardware | 2010 | $92.7M | Grant | |
| Analytics | 2021 | $107M | Series A | |
| Energy | 2013 | A$8.5M | Venture Round | |
| Enterprise | 2015 | $8M | Venture Round | |
| AI | 2023 | A$1.8M | Pre-Seed | |
| Biotech | 2019 | $137.9M | Grant | |
| Gaming | 2022 | $5M | Seed | |
| Media | 1981 | A$60M | Debt Financing | |
| Enterprise | 2022 | A$82M | Series A | |
| Cloud | 2013 | $24.4M | Corporate Round | |
| Environment | 2019 | A$78.2M | Debt Financing | |
| Analytics | 2016 | $60.8M | Series C | |
| Media | 2020 | $16M | Series A | |
| Enterprise | 2023 | $1.2M | Seed | |
| InsurTech | 2019 | $23.8M | Series A | |
| Cloud | 2013 | $28.8M | Series B | |
| Media | 2018 | $38M | Series C | |
| Healthcare | 2009 | A$348M | Debt Financing | |
| Fintech | 2017 | $22.9M | Series A | |
| Logistics | 2017 | $135.6M | Venture Round | |
| Retail | 2021 | $20.2M | Series A | |
| Biotech | 2014 | A$10M | Venture Round | |
| Healthcare | 2016 | $245.7M | Series C | |
| Analytics | 2014 | $47.3M | Series B | |
| Enterprise | 2019 | $80.1M | Series B | |
| SaaS | 2021 | A$2.5M | — | |
| Energy | 2001 | $362.1M | Debt Financing | |
| Media | 2022 | $2M | Pre-Seed | |
| Energy | 2002 | $14.3M | Grant | |
| Fintech | 2016 | A$58.9M | Series B | |
| Marketing | 2023 | $2.6M | Seed | |
| Mobility | 2021 | A$103M | Series A | |
| Marketing | 2020 | $21.2M | Series B | |
| AI | 2019 | A$60M | Series C | |
| AI | 2019 | A$12.7M | Debt Financing | |
| Fintech | 2013 | $59.5M | Venture Round | |
| Retail | 2012 | $141.8M | Series D | |
| AI | 2014 | $13.5M | Venture Round | |
| SaaS | 2012 | $17.3M | Series A | |
| Healthcare | 2015 | $31.4M | Venture Round | |
| Crypto | — | $7.2M | Seed | |
| Cloud | 2021 | $14.7M | Seed | |
| Analytics | 2016 | $12M | Series A | |
| Analytics | 2012 | $33.9M | Venture Round | |
| Security | 2007 | $2.8M | — | |
| Retail | 2020 | $5.8M | Seed | |
| Healthcare | 2018 | $10M | Seed | |
| Energy | 1981 | A$1.1B | Debt Financing | |
| Security | 2021 | A$10.6M | Seed | |
| Analytics | 2012 | A$55M | Corporate Round | |
| Enterprise | 2014 | $21.1M | Venture Round | |
| AI | 2017 | $3M | Seed | |
| Energy | 2022 | $5.2M | Grant | |
| Crypto | 2021 | $18M | Series A | |
| Fintech | 2020 | $5.4M | Seed | |
| Cloud | 2020 | A$7.5M | Series A | |
| Energy | 2016 | $26.6M | Corporate Round | |
| SaaS | 2021 | A$4.2M | Seed | |
| Media | 2016 | A$1.6M | Seed | |
| SaaS | 2023 | A$225k | Pre-Seed | |
| Hardware | 2017 | $133.4M | Series A | |
| Food | 2019 | $14.9M | Series A |
