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Top 11 Surry Hills Startups to Watch in 2026

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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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Morse 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 Founded2016
FoundersAndrew Terry, Michael De Nil
Funding Amount$205.8M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsBlackbird 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 Founded2020
FoundersDaniel Palmer, Daniel Vassilev, Jacky Koh
Funding Amount$42M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsInsight 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 Founded2013
FoundersDane Thomas, Guy Pearson
Funding Amount$89.4M
Startup SizeMid-Size Team (51-250)
Last Funding StatusDebt Financing
Top InvestorsJMI 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 Founded2023
FoundersJamie Hall, Steve Hind
Funding Amount$49M
Startup SizeFounding Team (1-10)
Last Funding StatusSeries A
Top InvestorsQED 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 Founded2018
FoundersStevan Premutico
Funding Amount$38M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsTyro 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 Founded2014
FoundersFrancis Vierboom, Rory San Miguel
Funding Amount$47.3M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsAccel, HSG, Blackbird Ventures, Costanoa Ventures, Startmate
Asseti Logo

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 Founded2021
FoundersAonghus Stevens
Funding AmountA$2.5M
Startup SizeMid-Size Team (51-250)
Last Funding Status
Top InvestorsGoogle 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 Founded2018
FoundersEamonn Colley, John Carroll
Funding Amount$10M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsBlackbird 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 Founded2017
FoundersArran Schlosberg, Manuri Gunawardena
Funding Amount$27.5M
Startup SizeLean Team (11-50)
Last Funding StatusSeries C
Top InvestorsSquare 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 Founded2015
FoundersAlex Molloy, Richard Cotton
Funding Amount$17.3M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsSalesforce 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.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
V2 AI logo V2 AIEnterprise2023A$30MSeries A

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