New South Wales
State · Australia · Pop. 8.4M · #25 region by EV
Adjacent regions by EV
Startup funnel
New South Wales'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.
* 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 South Wales
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
Academia
New South Wales's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to New South Wales.
Vs. similarly-sized ecosystems
How New South Wales stacks up
Peers chosen from the same country (Australia), sized closest to New South Wales by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.
Top overview
Australia — top regions
Top regions in Australia ranked by combined EV. New South Wales's row is highlighted.
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | New South Wales | $212B | 14.2× | 18 | $1.3B | 2,309 |
| 2 | Victoria | $51.2B | 4.8× | 20 | $1.6B | 1,418 |
| 3 | Queensland | $15.9B | 7.1× | 4 | $235.2M | 636 |
| 4 | Western Australia | $5.7B | 7.0× | 1 | $57.4M | 273 |
| 5 | Tasmania | $4.3B | 370.1× | 1 | $573.2M | 31 |
| 6 | South Australia | $3.1B | 12.1× | 1 | $58.9M | 153 |
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 South Wales dataset — or see a sample on the Dealroom app.
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Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.