13 Top Startups in Australia 2024

Aerial shot of Sydney.

Australia is home to countless innovative startups, many of which are disrupting industries and consumer habits across the globe. While there are a myriad of wildly successful publicly-traded Australian startups, such as Afterpay and WiseTech Global, there are also a vast number of up-and-coming startups making waves in Australia and beyond. 

From patient-focused healthtech to innovative Wi-Fi for Internet of Things (IoT), these are the top startups to watch in Australia. 

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Best Australian Startups

Every year, new startups pull to the forefront of their industry through exciting innovation and industry-disrupting business models. We’ve rounded up the best startups in Australia of 2024 that startup lovers, investors, and aspiring entrepreneurs should follow. 

Disclaimer: With so many exciting startups launching and growing worldwide, we aren’t able to cover them all. Furthermore, the startups that are listed below are not officially ranked and are listed in no particular order.

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1. Athena

  • Industry: Fintech
  • Founders: Michael Starkey, Nathan Walsh, Rex V. Jobe
  • Founded In: 2017
  • Funding: $161.5 Million
  • Investors Include: AirTree Ventures, Square Peg Capital 

Athena is a fintech startup in New South Wales disrupting the home loan sector for investors, refinancers, and buyers. The startup cuts traditional costs associated with home loan issuance through its digital platform in order to provide lower home loan rates than competitors. 

With no valuation, exit, or monthly fees, consumers save from the get-go. Plus, the existing rate will drop as customers pay down their home loans.

2. Linktree

  • Industry: Ecommerce, Social Media, Software
  • Founders: Alex Zaccaria, Anthony Zaccaria, Gilbert Campbell, Nick Humphreys
  • Founded In: 2016
  • Funding: $165.7 Million
  • Investors Include: Index Ventures, Coatue, AirTree Ventures

Linktree is an innovative social media solution that allows users to compile several links into a customized link page. With over 40 million users, Linktree has amassed a huge user base, leveraging its product across YouTube, Instagram, TikTok, and more. Plus, users can track their engagement with ease using Linktree’s analytics tools.

3. Go1

  • Industry: Edtech, SaaS
  • Founders: Andrew Barnes, Chris Eigeland, Chris Hood, Vu Tran
  • Founded In: 2015
  • Funding: $413.7 Million
  • Investors Include: Insight Partners, Salesforce Ventures 

Based in Brisbane, Australia, Go1 is a platform for scaling up a business's workforce. Through the platform, businesses can access on-demand training and valuable content to grow their team and strengthen their skill set quickly. 

4. Zeller

  • Industry: Fintech
  • Founders: Ben Pfisterer, Dominic Yap
  • Founded In: 2020
  • Funding: $115.3 Million 
  • Investors Include: Square Peg Capital, Headline, Spark Capital 

Zeller is a Melbourne-based fintech startup offering business-to-business (B2B) payment and financial management solutions. With an aim to accelerate cash flow for businesses, Zeller consolidates several tools businesses need, from accepting payments to paying receipts. This creates a frictionless financial management system for Australian businesses. 

5. Paytron

  • Industry: Fintech
  • Founders: Francois Henrion, Jaco Veldsman
  • Founded In: 2020
  • Funding: $7.3 Million 
  • Investors Include: x15ventures, Picus Capital 

Paytron is a fintech startup located in Sydney, Australia, and offering services globally. The platform provides B2B services for small to mid-sized businesses and their accountants. The aim of the platform is to eliminate tedious, mundane tasks to automate processes such as bookkeeping and create a seamless financial workflow. 

6. Fable Food

  • Industry: Food and Beverage
  • Founders: Michael Fox 
  • Founded In: 2019
  • Funding: $14.8 Million
  • Investors Include: K3 Ventures, Blackbird Ventures 

Fable Food is a Sydney-based food and beverage startup combining meat alternatives with sustainable practices. The brand’s meat alternatives are made with clean labels, minimally processed mushrooms, and eco-friendly practices. 

7. Dovetail

  • Industry: Software
  • Founders: Benjamin Humphrey, Bradley Ayers
  • Founded In: 2017
  • Funding: $69.4 Million
  • Investors Include: Accel, Blackbird Ventures, Grok Ventures 

Dovetail is a cloud-based software startup that leverages user research and customer feedback to provide users with valuable insights rooted in data. The software stores and organizes data to allow everyone, from researchers to product managers, to analyze and utilize impactful consumer data. 

8. Catheon Gaming

  • Industry: Blockchain
  • Founders: William Wu
  • Founded In: 2021
  • Funding: $55 Million 
  • Investors Include: N/A

Catheon Gaming is a blockchain-based gaming and entertainment startup. The company partners with game developers and IP-holders to create top-tier games on the blockchain, such as their primary franchise, SolChicks. 

9. Eucalyptus

  • Industry: Healthcare, Software
  • Founders: Alexey Mitko, Benny Kleist, Charlie Gearside, Tim Doyle
  • Founded In: 2019
  • Funding: $137.6 Million
  • Investors Include: Bond, Blackbird Ventures, AirTree Ventures

Eucalyptus is a patient-first healthcare software company composed of four healthcare brands: Pilot, Kin, Software, and Juniper. Each of Eucalyptus’s brands specializes in the sector of healthcare, from fertility to men’s health. The services provided by each range from telehealth consultation to pharmacy delivery — each step of the healthcare journey to provide the best care possible. 

10. Canva

  • Industry: Software 
  • Founders: Cameron Adams, Cliff Obrecht, Melanie Perkins
  • Founded In: 2012
  • Funding: $572.6 Million
  • Investors Include: Coatue, ICONIQ Capital 

Canva is a digital design software that makes graphic design for a range of use cases accessible. Their user-friendly interface allows users to create a variety of unique or templated designs for websites, social media, and much more, regardless of their design experience or skill level. 

11. Q-CTRL

  • Industry: Technology, Software
  • Founders: Michael Biercuk
  • Founded In: 2017
  • Funding: $70.8 Million 
  • Investors Include: Morpheus Ventures, Bill Lightfoot 

Q-CTRL is a Haymarket-based quantum control engineering solution. Built for research and development (R&D) professionals and quantum end users, Q-CTRL’s unique platform seamlessly connects users with the ‘first useful’ quantum computers. 

12. Mr Yum

  • Industry: Foodtech, Apps 
  • Founders: Adrian Osman, Andrei Miulescu, Kimberly Teo
  • Founded In: 2018
  • Funding: $64.6 Million 
  • Investors Include: Ten13, Patty Mills 

Mr Yum is a mobile ordering app for table ordering, pickup, and delivery, featuring visual menus, marketing and analytics tools, and an included loyalty platform called Boomerang. With 1,500 businesses on the platform, Mr Yum provides ordering services for a wide range of business types, including movie theaters and airports. 

13. Morse Micro

  • Industry: Internet of Things (IoT)
  • Founders: Andrew Terry, Michael De Nil
  • Founded In: 2016
  • Funding: $147.7 Million
  • Investors Include: Hostplus, HESTA 

Morse Micro is changing WiFi for the Internet of Things (IoT) from surveillance systems to mobile devices. The startup boasts the original inventor of WiFi, Professor Neil Weste, as one of their team members helping to develop their innovative technology. 

Recommended: Check out our full list of the top startups to watch!