Australia has become a hub for startups in recent years, with many innovative companies emerging and making their mark in various industries. Among these companies, there are 8 only that have achieved the elusive unicorn status – being valued at over $1 billion. These companies are not only impressive for their financial success but also for their impact on the Australia economy and their respective industries.
So without further ado, let’s dive into the world of Australia’s unicorn companies!
List of 8 Unicorns in Australia
1. Canva
An Australian graphic design platform that enables users to create graphics, presentations, posters, and other visual content.
Company Details:
- Valuation: $40$B
- Investors Name: Sequoia Capital China, Blackbird Ventures, Matrix Partners
- City: Surry Hills
- Industry: Internet software & services
- Total Funding Raised: $571.26M
- Founded Year: 2012
- Joined Unicorn Club: 1/8/2018
- Total Investors:
- Total Deal Terms: 8
- Website: https://www.canva.com/
2. Airwallex
An Australian financial technology company that provides cross-border payment and foreign exchange solutions for businesses.
Company Details:
- Valuation: $5.50$B
- Investors Name: DST Global, Sequoia Capital China, Tencent Holdings
- City: Melbourne
- Industry: Fintech
- Total Funding Raised: $802M
- Founded Year: 2015
- Joined Unicorn Club: 3/25/2019
- Total Investors:
- Total Deal Terms: 8
- Website: https://www.airwallex.com/
3. Immutable
An Australian blockchain gaming company that provides blockchain gaming solutions and services for game developers.
Company Details:
- Valuation: $2.50 $B
- Investors Name: Fabric Ventures, AirTree Ventures, Temasek
- City: Sydney
- Industry: Fintech
- Total Funding Raised: –
- Founded Year: –
- Joined Unicorn Club: 3/7/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://immutable.com/
4. SafetyCulture
An Australian safety and quality management software company that provides safety and quality management solutions and services.
Company Details:
- Valuation: $1.60$B
- Investors Name: Blackbird Ventures, IndexVentures, Tiger Global Management
- City: Sydney
- Industry: Internet software & services
- Total Funding Raised: $222.81M
- Founded Year: 2004
- Joined Unicorn Club: 5/3/2021
- Total Investors:
- Total Deal Terms: 6
- Website: https://safetyculture.com/
5. Culture Amp
An Australian employee feedback and analytics platform that provides employee feedback and analytics solutions and services.
Company Details:
- Valuation: $1.50$B
- Investors Name: Felicis Ventures, Index Ventures, Blackbird Ventures
- City: Richmond
- Industry: Internet software & services
- Total Funding Raised: $258.3M
- Founded Year: 2011
- Joined Unicorn Club: 7/29/2021
- Total Investors:
- Total Deal Terms: 4
- Website: https://www.cultureamp.com/
6. LinkTree
An Australian social media platform that provides social media linking solutions and services for individuals and businesses.
Company Details:
- Valuation: $1.30 $B
- Investors Name: AirTree Ventures, Insight Partners, Index Ventures
- City: Melbourne
- Industry: Internet software & services
- Total Funding Raised: –
- Founded Year: –
- Joined Unicorn Club: 3/16/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://linktr.ee/
7. Pet Circle
An Australian online retailer that provides pet supplies and products for pet owners.
Company Details:
- Valuation: $1$B
- Investors Name: Prysm Capital, Baillie Gifford & Co., TDM Growth Partners
- City: Alexandria
- Industry: E-commerce & direct-to-consumer
- Total Funding Raised: $126.35M
- Founded Year: 2011
- Joined Unicorn Club: 12/7/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://www.petcircle.com.au/
8. GO1
An Australian online learning platform that provides online learning solutions and services for businesses.
Company Details:
- Valuation: $1$B
- Investors Name: Y Combinator, M12, SEEK
- City: Brisbane
- Industry: Internet software & services
- Total Funding Raised: $273.25M
- Founded Year: 2015
- Joined Unicorn Club: 7/19/2021
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.go1.com/
Conclusion
So, these 8 unicorn companies in Australia have achieved great success and are making an impact in their respective industries. Whether you’re an investor or a business enthusiast, these companies are definitely worth watching in the future.