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Oceania · Country profile

Australia

Oceania · Pop. 27.2M · #12 startup ecosystem by EV

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

$294.5B+56%
Combined startup EV
$3.8B
VC invested (last 12mo)
4,984
Tracked startups
1.6
Unicorns per 1M people
🦄 Unicorns
44
44 live · +1 new in 2025 (incl. 0 new decacorns)
💎 Decacorns
6
$10B+ tier
🐎 Thoroughbreds
40
Top 1% growth · $500M+

Adjacent ecosystems by EV

Startup hubs

Inside Australia: top 11 startup hubs

Sub-national ecosystems ranked by combined enterprise value of all tracked startups headquartered there.

By enterprise value
1 New South Wales $212.2B
2 Sydney $208.3B
3 Victoria $51.2B
4 Melbourne $50.6B
5 Queensland $15.9B
6 Brisbane $12.5B
7 Western Australia $5.7B
8 Perth Metropolitan Region $5.1B
By unicorn count
1 Victoria 20
2 Melbourne 20
3 New South Wales 18
4 Sydney 18
5 Queensland 4
6 Brisbane 3
7 Western Australia 1
8 Perth Metropolitan Region 1

Startup funnel

Australia's power-law funnel

From every VC-backed startup down to the biggest scale-ups. Conversion rates show what fraction of one tier graduate into the next. Capital figures (where shown) are total VC deployed at that stage.

VC-backed startups
4,979
Colts ($25M+ revenue) $635.5M deployed
90
1.8% of prior tier
Unicorns ($1B+ valuation) $2.1B deployed
44
49% of prior tier
Decacorns ($10B+ valuation)
6
14% of prior tier

Enterprise value · 2015–2025

Australia grew 21.0× since 2015

Combined enterprise value of every tracked startup headquartered in Australia that's still operating today, totalled by founding-year cohort.

0 $75B $150B $225B $300B Australia · $295.6B 2015 2018 2021 2024 2025

Vs. similarly-sized ecosystems

How Australia stacks up

Peers chosen from the same Oceania cluster within ±70% of Australia's combined EV. The scatter plots growth × current size for the wider continent — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
Australia
$294.5B
$73.7B
$186M
$6.3M
$1.8M
EV growth (5-yr ×) vs current EV

Top overview

Oceania ecosystems — combined view

Top ecosystems in Oceania ranked by combined EV. Australia's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 Australia $294.5B 9.3× 44 $3.8B 4,984
2 New Zealand $73.7B 21.8× 8 $1.6B 641
3 Marshall Islands $221.3M 0 $0 12
4 Samoa $186M 0 $0 2
5 Federated States of Micronesia $40.5M 0 $0 9
6 Papua New Guinea $29.4M 0 $5M 1
7 Fiji $6.3M 0 $0 3
8 Tuvalu $1.8M 0 $0 3

Patent intelligence

Australia startup IP portfolio: 7,391 patent families

Granted patent families assigned to startups headquartered in Australia. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.

Granted patent families
7,391
Filed by tracked startups headquartered in the country.
272 patents per million residents · #27 globally
Top patenting hubs
1 Sydney 4,861
2 Melbourne 1,476
3 Brisbane 393
4 Adelaide 350
5 Perth 311

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 Australia dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Australia's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
Unlock on Dealroom
Founder origins
Where Australia's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
Unlock on Dealroom
AI talent
Top employers of AI talent in Australia
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
Unlock on Dealroom
Deal flow
Live deal flow & funding rounds in Australia
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.