LinkedIn Top Startups 2024: The 20 Australian companies on the rise (original) (raw)

Today, we unveil LinkedIn's annual list of Top Startups, revealing the 20 emerging Australian companies you should know now. These companies aren’t just growing fast and garnering attention from investors and jobseekers — they’re also building innovative solutions that are shaping the future of their industries, whether it’s manufacturing lab-made meat, making access to medicinal cannabis easier, creating computers of the future or designing 3D printed hypersonic rockets.

The list is built on exclusive LinkedIn data across four key pillars: employee growth; jobseeker interest; engagement within the company and its employees; and how well these startups have pulled talent from Top Companies. To be eligible, companies must be headquartered in Australia, be fully independent and privately held, have 30 or more full-time employees and be 5 years old or younger. You can learn more about our methodology at the bottom of this article.

Check out this year’s 20 Top Startups in Australia — and join the conversation using #LinkedInTopStartups.

All headcounts are provided by the companies, unless marked with an asterisk. Those headcounts are from LinkedIn data.

1. Montu

Full-time headcount: 830 | Headquarters: Melbourne | Year founded: 2019 | Most common skills: TypeScript, SASS, Mobile Applications | Most common job titles: Software Engineer, Patient Care Coordinator, Account Manager | Largest job functions: Engineering, Healthcare Services, Operations | What they do: Montu is an Australian medical cannabis company that connects Australians with qualified doctors through its telehealth platform, Alternaleaf.

2. Eucalyptus

Full-time headcount: 200+ | Headquarters: Sydney | Year founded: 2019 | Most common skills: Social Media, Mobile Applications, Public Health | Most common job titles: Software Engineer, Product Manager, Customer Support Specialist | Largest job functions: Healthcare Services, Marketing, Operations | What they do: Eucalyptus is a telehealth platform serving patients across four key brands, such as contraception and fertility, skincare, men’s health and sexual wellness.

3. ProcurePro

Full-time headcount: 40 | Headquarters: Brisbane | Year founded: 2020 | Most common skills: User Interface Design, TypeScript, Cascading Style Sheets (CSS) | Most common job titles: Software Engineer, Customer Experience Manager | Largest job functions: Engineering, Customer Success and Support, Business Development | What they do: ProcurePro creates software for construction firms to manage and consolidate their procurement processes into a single digital platform.

4. Heidi Health

Full-time headcount: 62 | Headquarters: Melbourne | Year founded: 2021 | Most common skills: Python (Programming Language), React.js, Research Skills | Most common job titles: Software Engineer, Product Manager, Content Manager | Largest job functions: Engineering, Healthcare Services, Marketing | What they do: Melbourne-based Heidi Health built an AI tool that enables medical practitioners to automate administrative tasks, such as writing clinical notes, case histories and referral letters.

5. Constantinople

Full-time headcount: 90 | Headquarters: Sydney | Year founded: 2022 | Most common skills: MATLAB, Machine Learning, Python (Programming Language) | Most common job titles: Software Engineer, Product Manager, Software Engineering Manager | Largest job functions: Engineering, Product Management, Operations | What they do: Constantinople is an all-in-one software and operational platform that helps banks manage everything from customer service and banking products to operations, compliance and anti-money laundering.

6. Vow

Full-time headcount: 92 | Headquarters: Sydney | Year founded: 2019 | Most common skills: Microbiology, Cell Culture, Molecular Biology | Most common job titles: Manufacturing Technician, Software Engineer, Manufacturing Associate | Largest job functions: Operations, Research, Engineering | What they do: Vow is a food biotech company that uses animal cells to grow meat-like products in laboratories and factories, rather than farms and abattoirs.

7. Ofload

Full-time headcount: 138 | Headquarters: Sydney | Year founded: 2019 | Most common skills: Third-Party Logistics (3PL), Freight, Freight Forwarding, Air Freight | Most common job titles: Business Development Manager, Product Manager, Transportation Manager | Largest job functions: Operations, Business Development, Purchasing | What they do: Ofload is a freight logistics company that aims to digitise Australian trucking fleets into a more sustainable and centralised supply chain. It connects companies looking to deliver products with shippers and carriers.

8. Howatson+Company

Full-time headcount: 135 | Headquarters: Sydney | Year founded: 2021 | Most common skills: Television, Advertising, User Experience (UX) | Most common job titles: Director of Business Development, Creative Director, Manager of Sales | Largest job functions: Business Development, Arts and Design, Marketing | What they do: Howatson+Company is a full-service advertising company that has recorded rapid growth since it was founded in 2021.

9. Zeller

Full-time headcount: 260 | Headquarters: Melbourne | Year founded: 2020 | Most common skills: Kotlin, Android Development, JavaScript | Most common job titles: Software Engineer, Account Executive, Mobile Application Developer | Largest job functions: Engineering, Sales, Marketing | What they do: Zeller is a payment and financial services startup for small to medium-sized businesses that helps owners accept and make payments and manage their finances.

10. Safewill

Full-time headcount: 40 | Headquarters: Sydney | Year founded: 2019 | Most common skills: Social Media, Cascading Style Sheets (CSS), Marketing Strategy | Most common job titles: Partnerships Manager, Account Manager, Software Engineer | Largest job functions: Business Development, Customer Success and Support, Marketing | What they do: Safewill is an end-of-life planning platform where users can digitally create a will more easily.

11. Hypersonix Launch Systems Ltd

Full-time headcount: 36 | Headquarters: Brisbane | Year founded: 2019 | Most common skills: SOLIDWORKS, Python (Programming Language), Project Management | Most common job title: Mechanical Engineer | Largest job functions: Engineering, Business Development, Information Technology | What they do: Hypersonix Launch Systems is developing hypersonic aircraft and engines that are powered by hydrogen and made using 3D printing technology.

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12. ORDE Financial

Full-time headcount: 127 | Headquarters: Melbourne | Year founded: 2019 | Most common skills: Investments, Financial Services, Mortgage Lending | Most common job titles: Banking Analyst, Business Development Manager, Business Development Officer | Largest job functions: Finance, Business Development, Sales | What they do: ORDE Financial is an Australian non-bank mortgage lender that specialises in residential, commercial and self-managed super fund loans.

13. Bizcap Australia & New Zealand

Full-time headcount: 96 | Headquarters: Melbourne | Year founded: 2019 | Most common skills: Account Management, Credit Risk Management, Business Relationship Management | Most common job titles: Bank Clerk, Business Development Manager, Loan Representative | Largest job functions: Finance, Business Development, Customer Success and Support | What they do: Bizcap provides fast and flexible business loans without upfront credit checks for small to medium-sized enterprises.

14. Visory

Full-time headcount: 62 | Headquarters: Melbourne | Year founded: 2020 | Most common skills: Payroll Administration, Bookkeeping, Xero | Most common job titles: Bookkeeper, Customer Experience Manager, Account Executive | Largest job functions: Accounting, Customer Success and Support, Sales | What they do: Visory is an end-to-end digital platform for bookkeeping that helps businesses identify efficiencies and growth areas.

15. pay.com.au

Full-time headcount: 60 | Headquarters: Melbourne | Year founded: 2019 | Most common skills: Social Media, Account Management, Node.js | Most common job titles: Full Stack Engineer, Business Development Manager, Head of Marketing | Largest job functions: Business Development, Engineering, Marketing | What they do: pay.com.au is a B2B startup that helps businesses manage their payments in a single platform and earn points towards its flexible rewards programs.

16. Quantum Brilliance

Full-time headcount: 80 | Headquarters: Sydney | Year founded: 2019 | Most common skills: Physics, Optics, Quantum Optics | Most common job title: Software Engineer | Largest job functions: Engineering, Information Technology, Business Development | What they do: Quantum Brilliance makes small quantum computers that can operate at room temperature.

17. ACLE Services Pty Ltd

Full-time headcount: 51* | Headquarters: Melbourne | Year founded: 2019 | Most common skills: Solar Energy, Renewable Energy, MATLAB | Most common job titles: Maintenance Engineer, Construction Manager, Operations and Maintenance Engineer | Largest job functions: Operations, Engineering, Quality Assurance | What they do: ACLE Services designs and builds solar and battery energy storage systems throughout Australia.

18. Dabble

Full-time headcount: 125 | Headquarters: Melbourne | Year founded: 2020 | Most common skills: Machine Learning, TypeScript, SASS | Most common job titles: Software Engineer, Head of Product, Software Engineering Team Lead | Largest job functions: Engineering, Marketing, Customer Success and Support | What they do: Dabble is an online sports and racing bookmaker where users can share their experiences and tips with other members through an app.

19. Bare

Full-time headcount: 70 | Headquarters: Melbourne | Year founded: 2019 | Most common skills: Marketing Strategy, Research Skills, Data Analysis | Most common job titles: Customer Service Representative, Customer Service Attendant | Largest job functions: Customer Success and Support, Legal, Engineering | What they do: Bare is a funeral arrangement platform offering end-of-life services including cremation, funerals, memorial celebrations, grief and legal support.

20. Honey Insurance

Full-time headcount: 140 | Headquarters: The Rocks | Year founded: 2021 | Most common skills: User Experience (UX), General Insurance, JavaScript | Most common job titles: Customer Support Specialist, Softwar, Engineer | Largest job functions: Customer Success and Support, Engineering, Product Management | What they do: Honey Insurance is a home insurance company that gives customers free sensors to install in their houses to monitor for water leaks, fire and theft, in exchange for cheaper premiums.

Methodology

LinkedIn measures startups based on four pillars: employment growth, engagement, job interest and attraction of top talent. Employment growth is measured as percentage headcount increase over methodology time frame, which must be a minimum of 10%. Engagement looks at non-employee views and follows of the company’s LinkedIn page, as well as how many non-employees are viewing employees at that startup. Job interest counts the rate at which people are viewing and applying to jobs at the company, including both paid and unpaid postings. Attraction of top talent measures how many employees the startup has recruited away from any global LinkedIn Top Company, as a percentage of the startup’s total workforce. Data is normalised across all eligible startups. The methodology time frame is July 1, 2023 through June 30, 2024.

To be eligible, companies must be fully independent, privately held, have 30 or more full-time employees, be 5 years old or younger and be headquartered in the country on whose list they appear. We exclude all staffing firms, think tanks, venture capital firms, law firms, management and IT consulting firms, nonprofits and philanthropy, accelerators and government-owned entities. Startups who have laid off 10% or more of their workforce based on corporate announcements or public, reliable sources between July 1, 2023 and the list launch, are not eligible. These decisions are made by the LinkedIn News team based on company statements and/or reputable news outlets.

About company insights

*Company insights were sourced from LinkedIn Talent Insights. Data reflects aggregated public member data from active LinkedIn profiles in the relevant country and includes full-time employee profiles associated with the company on LinkedIn. We exclude members who identify as part-time or contractors. Headcounts are provided by the companies directly, unless otherwise noted with an asterisk. Those headcounts are based on LinkedIn data. All insights reflect a 12-month time period looking back from July 2024. Skills data was derived from measuring the most frequent skills among a company’s employees. Most common job titles represent the occupations that are most common within each company. Largest job function measures the function area most prevalent within each company.

Reported and proofread by: Marty McCarthy , Capucine Yeomans

Methodology and insights by: Alejandra Budar