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Metro area · Oceania

Wellington (NZ)

Metro area · New Zealand · Pop. 500K

A public taster of the full Wellington (NZ) ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

$21.4B+139%
Combined startup EV
$1.2B
VC invested (last 12mo)
102
Tracked startups
#52/ 199
Unicorns per 1M people · cities rank
🦄 Unicorns
2
2 live $1B+ companies
💎 Decacorns
2
$10B+ tier
🐎 Thoroughbreds
2
Top 1% growth · $500M+

Enterprise value · 2015–2025

Wellington (NZ) grew 69.2× since 2015

Combined enterprise value of every tracked startup headquartered in Wellington (NZ) that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $7.5B $15B $22.5B $30B Wellington (NZ) · $21.4B 2015 2018 2021 2024 2025

Adjacent cities by EV

Startup funnel

Wellington (NZ)'s power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
29
Seed
18
Series A
15
Series B
8
Series C
2
Unicorn
1
Decacorn
1

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Notable companies

Top private companies in Wellington (NZ)

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 1
FNZ
Unicorns $1B+ valuation 1
Xero
Thoroughbreds+ $100M+ revenue 2
FNZXero

Academia

Wellington (NZ)'s academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Wellington (NZ).

University-linked startup formation
6
University spinouts
94
Total alumni-founded companies
65
Of which startups (<$15M raised)
25
Breakouts ($15M-100M)
4
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Wellington (NZ) stacks up

Peers chosen from the same country (New Zealand), sized closest to Wellington (NZ) by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$50.6B
$47B
Wellington (NZ)
$21.4B
$12.5B
$5.1B
$3.1B
EV growth (5-yr ×) vs current EV

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Wellington (NZ) dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Wellington (NZ)'s unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Wellington (NZ)'s domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Wellington (NZ)'s VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Wellington (NZ)'s startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Wellington (NZ)
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Wellington (NZ)
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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