The Startup Ecosystem of Sydney

Sydney has 752 startups in our sample database. This represents about 40% of Australia’s startups. Sydney is the highest-ranked startup ecosystem in Australia.

CITY RANKING

Sydney kept its position stable in the Global Startup Ecosystem Index of 2023, ranking 38th.

National Ranking

1st
0
In Australia

Regional Ranking

1st
0
In Australia and Oceania

Global Ranking

38th
0
Worldwide

Startups

Sydney Top Startup Industries

Fintech icon
Fintech
#23 worldwide

131 startups

Social & Leisure icon
Social & Leisure
#23 worldwide

71 startups

Software & Data icon
Software & Data
#24 worldwide

238 startups

Ecosystem HealthCheck

Sydney Ecosystem Health Check

The health check tables allow you to look at the performance Sydney has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
ParameterParameter Global rankParameter rank change since 2022ResultContribution to total scoreRank gain / loss due to parameter

ECOSYSTEM

Browse the startup ecosystem database of Sydney

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Ecosystem

The Startup Ecosystem in Sydney

Our startup ecosystem map for Sydney includes a sample of 752 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 23 and in Social & Leisure, and Software & Data. 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:
2023 National Rank & Change ▲
2023 National Rank & Change City
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Global Rank & ChangeTotal Score
Access subscores for 1000 cities and 100 countries
Quantity Score
Quality ScoreBusiness Score
1st
0
38th
0
19.121
00.00
00.00
00.00
2nd
0
42nd
0
16.554
00.00
00.00
00.00
3rd
0
98th
+
3
7.253
00.00
00.00
00.00
4th
0
191st
-
25
3.139
00.00
00.00
00.00
5th
+
1
230th
+
13
2.191
00.00
00.00
00.00
6th
-
1
246th
-
7
1.997
00.00
00.00
00.00
7th
0
354th
+
1
0.985
00.00
00.00
00.00
8th
0
404th
-
37
0.794
00.00
00.00
00.00
9th
+
1
554th
+
68
0.412
00.00
00.00
00.00
10th
-
1
567th
-
24
0.390
00.00
00.00
00.00
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Startups

Notable Startups in Sydney
Employment Hero startup icon
Employment Hero
Deputy startup icon
Deputy
Campaign Monitor startup icon
Campaign Monitor

Startups

Successful Fintech startups in Sydney
Finder startup icon
Finder
Lendi startup icon
Lendi
Athena startup icon
Athena

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, Social & Leisure, Software & Data. 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 2M - 10M people, Sydney is ranked 38th in the world. The city has some notable startup success stories including Employment Hero and its startup ecosystem infrastructure is strengthened by organizations such as Canva and Regus - Sydney Parramatta - Phillip Street.

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Recent Posts

Mon Sep 25 2023

Role of Universities in Startup Ecosystems

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Tue Sep 19 2023

The Global Startup Ecosystem Rankings by StartupBlink

The Global Startup Ecosystem Index (GSEI) reveals the startup ecosystem rankings of 1,000 cities and 100 countries based on various factors. It uses an algorithm that considers many parameters and incorporates data from different sources and partners such as Crunchbase, SEMRush and Statista. The results of this index are also integrated with the StartupBlink Global […]

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Where are the Cities of the Future for Startups?

At StartupBlink, we always say that where you base your startup highly affects your success. Hence, the Global Startup Ecosystem Index sheds light on location-based decisions for startups and other ecosystem stakeholders. In this episode of the Startup Ecosystem Podcast, Eli David and Martin Jordana go further to discuss the cities of the future for […]