Victoria
State · Australia · Pop. 6.9M · #48 region by EV
Adjacent regions by EV
Startup funnel
Victoria'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 Victoria
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
Academia
Victoria's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Victoria.
Vs. similarly-sized ecosystems
How Victoria stacks up
Peers chosen from the same country (Australia), sized closest to Victoria 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. Victoria'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 Victoria 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.