The Startup Ecosystem of Sydney

Sydney boasts 727 startups in our sample database which represents about 40% of Australia’s sampled startups. Sydney is the highest-ranked startup ecosystem in Australia.

CITY RANKING

While Sydney decreased by 2 spots in its global rank in the Global Startup Ecosystem Index of 2022, its ranking in Australia remained stable at 1 nationally since 2021.

National Ranking

1st
0
In Australia

Regional Ranking

1st
0
In Australia and Oceania

Global Ranking

38th
-
2
Worldwide
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ECOSYSTEM

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Ecosystem

The Startup Ecosystem in Sydney

Our startup ecosystem map for Sydney includes a sample of 727 tech companies. We have identified as unicorns 2 startups that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 2 pantheon member entities. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Sydney is ranked within the top 40 startup ecosystems globally.

Top Industries

Sydney’s startups excel particularly in Fintech where it ranks 11 and in Software and Data, and Ecommerce & Retail. Find out more

Top Cities for Startups in Australia - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change ▲
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
38th
-
2
20.490
3.98
12.87
3.64
2nd
0
42nd
-
3
17.142
2.85
10.65
3.64
3rd
0
101st
+
11
7.151
1.04
2.47
3.64
4th
0
166th
+
9
4.810
0.48
0.69
3.64
5th
0
239th
-
41
3.248
0.46
0.24
2.55
6th
0
243rd
+
6
3.118
0.49
0.18
2.45
7th
0
355th
-
86
1.495
0.18
0.15
1.17
8th
0
367th
-
91
1.414
0.18
0.12
1.11
9th
+
1
543rd
-
79
0.616
0.08
0.06
0.48
10th
-
1
622nd
-
183
0.475
0.06
0.04
0.37
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Startups

Notable Startups in Sydney
Deputy startup icon
Deputy
Campaign Monitor startup icon
Campaign Monitor
Paws for Life startup icon
Paws for Life

Startups

Successful Fintech startups in Sydney
Finder startup icon
Finder
Synthetix startup icon
Synthetix
Superhero startup icon
Superhero

Startups

Startups Ranking by Industry

Fintech icon
Fintech
#11 worldwide

On our map, you can explore a total of 229 startups for Fintech.

Software and Data icon
Software and Data
#23 worldwide

In Australia and Oceania, Sydney's Software and Data is in top 23. Sydney has a concentration of about 0% of the country's total Software and Data startups that are represented on our map.

Ecommerce & Retail icon
Ecommerce & Retail
#37 worldwide

Ecommerce & Retail is ranked 37th in the world. Our database contains 73 startups for this industry.

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ECOSYSTEM

Why should you join Sydney's Startup Ecosystem?

Overview

Within Sydney there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Software and Data, Ecommerce & Retail. These three industries represent about 59% of the startups represented on the Startup Ecosystem Map of Sydney.

1st

National Rank

1st

Regional Rank

Overview

Sydney is Australia's 1st best startup ecosystem and is ranked 1st in Australia and Oceania. With a population of 5M - 10M people, Sydney is ranked th in the world. The city boasts some notable startup success stories including Deputy and its startup ecosystem infrastructure is strengthened by organizations such as Canva and GoodShift Co-working.

ECOSYSTEM
Startup Infrastructure in Sydney
With a large variety of initiatives, Sydney's startup ecosystem stands out from other cities in Australia and Oceania. Sydney offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Sydney's most prominent support initiatives:

Accelerators

Launch Pad startup icon

Launch Pad

The Studio Incubator startup icon

The Studio Incubator

Startmate startup icon

Startmate

Coworking Spaces

Hub Australia startup icon

Hub Australia

Hub Sydney startup icon

Hub Sydney

Fishburners startup icon

Fishburners

Organizations

Agentcis startup icon

Agentcis

Startup Aus startup icon

Startup Aus

FILTPod startup icon

FILTPod

Featured Ecosystem Portals

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If you are a startup ecosystem developer in Sydney, you can grow your startup economy by becoming a partner.

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BLOG

Recent Posts

Tue Mar 14 2023

EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, […]

Wed Mar 08 2023

How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?

Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide.  StartupBlink’s GSEI is based on an elaborate algorithm […]

Tue Feb 28 2023

The Top 30 Countries by Absolute Power in 2022

What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita.   The “Absolute Power” algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population […]