Surry Hills is a notable center for technology startups in Australia. The area hosts a variety of companies in fields like software, hardware, and healthcare.
Among them, Morse Micro has raised $205.8M for its wireless chip technology. Ignition, a platform for service businesses, has secured $89.4M in funding.
Below is our list of 11 Surry Hills startups worth keeping an eye on.
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Get the Sheet for $50Morse Micro designs and builds Wi-Fi HaLow chips, a new generation of wireless technology created specifically for the Internet of Things. Their silicon solutions enable more secure, longer-range, and lower-power connectivity for the growing number of smart devices.
| 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 |
Relevance AI builds an AI agent operating system that helps companies automate complex workflows and repetitive reasoning tasks. Their low-code platform enables teams to create and deploy custom AI agents directly into their products and internal processes.
| 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 |
Ignition provides a comprehensive platform for service-based businesses to streamline client billing and manage revenue. Their software helps professional services firms, particularly in accounting, automate everything from proposals to payments in a single place.
| Year Founded | 2013 |
| Founders | Dane Thomas, Guy Pearson |
| Funding Amount | $89.4M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | JMI Equity, Tiger Global Management, CIBC, EVP, CIBC Innovation Banking |
Lorikeet develops AI-powered tools that automate customer support for businesses. Their platform is designed to resolve customer inquiries quickly and efficiently, improving the overall customer experience.
| Year Founded | 2023 |
| Founders | Jamie Hall, Steve Hind |
| Funding Amount | $49M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Series A |
| Top Investors | QED Investors, Blackbird Ventures, Airtree Ventures, Square Peg Capital, Operator Partners |
me&u developed a mobile ordering platform that lets guests in hospitality venues order and pay directly from their table. Their technology helps restaurants and pubs streamline service and improve the overall customer experience.
| Year Founded | 2018 |
| Founders | Stevan Premutico |
| Funding Amount | $38M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Tyro Payments, Acorn Capital, Robbie Cooke, Justin Hemmes |
Propeller Aero develops a drone-mapping platform that gives worksites in industries like construction and mining the power to measure and manage themselves. The system transforms drone data into accurate 3D maps and analytics, helping teams track progress and collaborate more effectively.
| Year Founded | 2014 |
| Founders | Francis Vierboom, Rory San Miguel |
| Funding Amount | $47.3M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series B |
| Top Investors | Accel, HSG, Blackbird Ventures, Costanoa Ventures, Startmate |
Asseti builds an intelligent asset management platform for identifying, quantifying, and tracking property assets. Their software gives organizations a data-driven view of their physical portfolio to inform maintenance and strategy.
| Year Founded | 2021 |
| Founders | Aonghus Stevens |
| Funding Amount | A$2.5M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | — |
| Top Investors | Google for Startups, Tidal Ventures |
Vexev develops AI-enabled ultrasound technology to automate vascular procedures. Their platform helps clinicians manage vascular disease more efficiently and increases patient access to care.
| Year Founded | 2018 |
| Founders | Eamonn Colley, John Carroll |
| Funding Amount | $10M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Blackbird Ventures, Neotribe Ventures |
HealthMatch built a digital platform that connects patients with clinical trials for new drugs and treatments. Their technology helps accelerate the patient recruitment process, making it faster to bring new medicines to market.
| Year Founded | 2017 |
| Founders | Arran Schlosberg, Manuri Gunawardena |
| Funding Amount | $27.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series C |
| Top Investors | Square Peg Capital, Folklore Ventures, January Capital, Athletic Ventures, Anton Borzov |
Valiant runs a digital marketplace that connects businesses with commercial and asset financing. Their platform streamlines the lending process, offering access to a large panel of lenders for various business needs.
| Year Founded | 2015 |
| Founders | Alex Molloy, Richard Cotton |
| Funding Amount | $17.3M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Salesforce Ventures, Carthona Capital, IAG Firemark Ventures, Reinventure, Black Sheep Capital |
1 Additional Surry Hills Startup Worth Following
Those ten companies are just a small slice of what’s happening in Surry Hills. Other founders are busy building, raising funds, and launching their own products.
Fresh startups are already securing major funding, showing how much belief there is in the local ecosystem. Below is another company that's contributing to this energy.