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New Zealand

Oceania · Pop. 5.3M · #25 startup ecosystem by EV

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

$73.7B+85%
Combined startup EV
$1.6B
VC invested (last 12mo)
641
Tracked startups
#19/ 67
Unicorns per 1M people · world rank
🦄 Unicorns
8
8 live · +1 new in 2025 (incl. 0 new decacorns)
💎 Decacorns
3
$10B+ tier
🐎 Thoroughbreds
4
Top 1% growth · $500M+

Enterprise value · 2015–2025

New Zealand grew 40.1× since 2015

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

0 $20B $40B $60B $80B New Zealand · $72.9B 2015 2018 2021 2024 2025

Adjacent ecosystems by EV

Startup hubs

Inside New Zealand: top 2 startup hubs

Sub-national ecosystems ranked by combined enterprise value, paired with their 5-year growth multiplier.

By enterprise value
1 Auckland $47B
2 Wellington (NZ) $21.4B
By 5-yr EV growth
2 Auckland 18×

Startup funnel

New Zealand'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
145
Seed
134
Series A
93
Series B
45
Series C
11
Unicorn
6
Decacorn
2

* 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 New Zealand

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 2
Rocket LabFNZ
Unicorns $1B+ valuation 6
XeroPushpayNeuren PharmaceuticalsHalterSeequentLanzaTech
Thoroughbreds+ $100M+ revenue 4
FNZXeroRocket LabPushpay

Academia

New Zealand's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to New Zealand.

University-linked startup formation
108
University spinouts
675
Total alumni-founded companies
464
Of which startups (<$15M raised)
163
Breakouts ($15M-100M)
48
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How New Zealand stacks up

Peers chosen from the same Oceania cluster within ±70% of New Zealand'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
$294B
New Zealand
$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. New Zealand's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 Australia $294B 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

New Zealand startup IP portfolio: 668 patent families

Granted patent families assigned to startups headquartered in New Zealand. 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
668
Filed by tracked startups headquartered in the country.
125 patents per million residents · #33 globally
Top patenting hubs
1 Auckland 550
2 Wellington (NZ) 118

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 New Zealand dataset — or see a sample on the Dealroom app.

Sector breakdown
Where New Zealand's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
New Zealand'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
New Zealand'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 New Zealand'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 New Zealand
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in New Zealand
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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Get the full New Zealand ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.