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67 Best Startups in Melbourne to Watch in 2025

The Definitive ÐÓ°ÉÔ­´´ Ranking of Startups in Melbourne

We track 71,000+ companies and rank them dynamically using our ÐÓ°ÉÔ­´´ Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 115 start-ups with an aggregate funding of $3.3b. The average funding per company in this subset is $49.0m.

Last update to the database: Feb 18, 2025. See changelog.

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8

Funding Rounds

$274.7m

Money raised

Sisense is a software company offering a platform for data analysts and data engineers to transform data into actionable business insights.

2

Funding Rounds

$489.3k

Money raised

Company

3

Funding Rounds

$168.5m

Money raised

D2L is a provider of elearning solutions founded by John Baker that uses the Brightspace learning management platform.

3

Funding Rounds

$30.4m

Money raised

IoTium is a provider of secure managed software-defined network infrastructure.

7

Funding Rounds

$100.9m

Money raised

Trustpilot offers a validated and open review community through which consumers can learn about a business and how others have experienced their product and service, and businesses can understand consumers engagement with their products.

Location:

Key people:

2

Funding Rounds

$6.1m

Money raised

JigSpace is a 3D knowledge-sharing platform.

Key people:

2

Funding Rounds

$5.2m

Money raised

Marqo is an open-source, multimodal vector search engine that allows users to store and query unstructured data (text, images, code, etc.) with a single API.

7

Funding Rounds

$189.5m

Money raised

Cerecin, formerly Accera, is a company that looks to develop therapeutic drugs for neurodegenerative diseases.

9

Funding Rounds

$762.0m

Money raised

Airwallex is an international payments company founded in 2015.

1

Funding Rounds

$1.1m

Money raised

Mindset Health aims to replace drugs with app-based hypnotherapy. They help people improve issues like irritable bowel syndrome, anxiety & depression with app-delivered hypnotherapy, produced by world-class doctors.

1

Funding Rounds

$15.0m

Money raised

A manufacturing company making headphones that adjust sound based on a users hearing.

5

Funding Rounds

$250.9m

Money raised

InterVenn is a medical diagnostics company developing artificially intelligence driven mass spectrometry platform for discovery and validation.

4

Funding Rounds

$5.9m

Money raised

ShareRoot Inc is a company founded in 2013 by Marc Angelone.

6

Funding Rounds

$1.7m

Money raised

An online platform for podcast and radio station management focused on serving enterprises.

2

Funding Rounds

$84.0m

Money raised

Swift Navigation provides precise positioning solutions for automotive, autonomous vehicle, mobile and mass market applications.

1

Funding Rounds

$30.0m

Money raised

ThinkMarkets is an FCA and ASIC-regulated online broker for Forex, Shares, Indices, Precious metals, Commodities and Cryptocurrencies.

1

Funding Rounds

$11.0m

Money raised

Flippa is a Melbourne-based company founded in 2009.

Location:

2

Funding Rounds

$33.0m

Money raised

Lexer is a company founded in 2010 by Aaron Wallis, Dave Whittle and Chris Brewer.

2

Funding Rounds

$8.4m

Money raised

Norby is an artificial Intelligence company founded in 2020 by Adrian Mullan.

2

Funding Rounds

$4.8m

Money raised

Developer of a patient engagement platform intended to improve the depth of the relationship between patients and doctors through quality practice efficiency.

Location:

Key people:

4

Funding Rounds

$7.3m

Money raised

Platform offering software for managing service appointments on the day they are scheduled.

2

Funding Rounds

$790.3k

Money raised

Elevio is a software company offering a knowledge management platform founded in 2015.

2

Funding Rounds

$40.0m

Money raised

Founded in 2015 by brothers Sam and Ryan Kroonenburg, ACGprovides courses on how to use the cloud.

3

Funding Rounds

$165.7m

Money raised

Linktree is a company founded by Alex Zaccaria.

2

Funding Rounds

$8.7m

Money raised

Xplor is a company founded in 2015.

1

Funding Rounds

$100.0m

Money raised

Apollomics Inc is a cancer medicines founded in 2015 by Guo Liang Yu.

Key people:

5

Funding Rounds

$4.6m

Money raised

Uptick is a Melbourne-based company founded in 2014.

1

Funding Rounds

$15.0k

Money raised

Adioso provides a travel and search booking application. It also gives users information on destinations and deals for their trips. It participated in the W09 cohort of Y Combinator.

Key people:

1

Funding Rounds

$85.0m

Money raised

Aconex developed cloud-based construction software to connect teams on construction and engineering projects. Acquired by Oracle.

Location:

4

Funding Rounds

$4.5m

Money raised

Relectrify is a company founded in 2015 by Daniel Crowley, Val Muenzel and Valentin Muenzel.

2

Funding Rounds

$12.0m

Money raised

Middleware connecting merchants and vendors across the entire fintech spectrum.

4

Funding Rounds

$68.8m

Money raised

Whispir is a company founded in 2002 by Jeromy Wells.

Location:

Key people:

2

Funding Rounds

$31.0m

Money raised

Zephyr is a company founded in 2002 by Shailesh Mangal.

3

Funding Rounds

$1.2m

Money raised

Bugherd is a company founded in 2011.

2

Funding Rounds

$72.1m

Money raised

InCarda Therapeutics is a company developing therapies for cardiovascular diseases founded in 2009 by Carlos A. Schuler.

3

Funding Rounds

$7.2m

Money raised

Vervoe is a company founded in 2016.

2

Funding Rounds

$416.2m

Money raised

A company offering banking services to small and medium sized businesses.

1

Funding Rounds

$985.1k

Money raised

Universal Biosensors is a molecular Diagnostics & Medical Devices founded in 2002.

1

Funding Rounds

$5.5m

Money raised

Bluedot Innovation is a company founded in 2017.

1

Funding Rounds

Artificial Intelligence company

3

Funding Rounds

$6.6m

Money raised

Josef is a company founded in 2017 by Sam Flynn, Tom Dreyfus and Kirill Kliavin.

Key people:

1

Funding Rounds

$15.3m

Money raised

Change Foods is a food company making plant-based dairy alternatives founded in 2020.

2

Funding Rounds

$26.0m

Money raised

Dubber is a Melbourne-based software as a service company founded in 2011.

Location:

3

Funding Rounds

$39.6m

Money raised

Buildkite is a company founded in 2013.

4

Funding Rounds

$1.5m

Money raised

honee is a company founded in 2014.

1

Funding Rounds

Financial inclusion service that provides open transactions and identity for mobile phones.

6

Funding Rounds

$23.9m

Money raised

Linius is a software as a service company founded in 2016.

5

Funding Rounds

$1.1m

Money raised

XLabs is a Melbourne-based company founded in 2014 by Joe Hanna, David Rawlinson, Alan Zhang and Steve Roberts.

4

Funding Rounds

$22.3m

Money raised

TradeWindow is a software as a service company founded in 2019 by AJ Smith.

2

Funding Rounds

$23.0m

Money raised

Readify is a company that helps customers to develop and provide support for innovative software projects.

1

Funding Rounds

$2.3m

Money raised

CXI Software is a company founded in 2015.

2

Funding Rounds

$1.3m

Money raised

Everproof is a background screening and verification platform that creates continuous verified profiles.

2

Funding Rounds

$1.1m

Money raised

Plattar - Augmented Reality Platform is a company founded in 2015.

1

Funding Rounds

$9.5m

Money raised

A company developing drug-polymer conjugate technology fo drug delivery from medical device components

1

Funding Rounds

Sourced Group is a company founded in 2010.

3

Funding Rounds

$7.0m

Money raised

Verrency is a Melbourne-based developer of an API platform to help financial institutions access new clients.

5

Funding Rounds

$33.5m

Money raised

GreenSync is a Melbourne, Australia-based energy technology company connecting energy resources to create dynamic energy grids.

2

Funding Rounds

$400.0k

Money raised

Breezedocs is a Melbourne-based company founded in 2011 by Hany Pham.

2

Funding Rounds

DrawBoard is a software as a service company.

1

Funding Rounds

$20.0m

Money raised

Moula is a company founded in 2013.

5

Funding Rounds

$6.5m

Money raised

Digital Agriculture Services is a Melbourne-based company founded in 2017.

1

Funding Rounds

$780.0k

Money raised

Milanote is a Melbourne-based software company developing collaboration tools, including digital whiteboards for teams.

1

Funding Rounds

$10.0m

Money raised

Damstra Technology delivers solutions to manage, track and protect a companies workforce.

1

Funding Rounds

$6.2m

Money raised

Netwealth is a South Melbourne, Victoria-based company founded in 1999.

1

Funding Rounds

$20.0k

Money raised

Redu.us is a company founded in 2012 by David Truong.

1

Funding Rounds

$2.8m

Money raised

Tymlez Software and Consulting is a start-up specialised in blockchain technology for enterprises.

1

Funding Rounds

$6.5m

Money raised

6clicks is a company founded in 2019 by Anthony Stevens, Louis Strauss and Andrew Robinson.

Key people:

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