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
In Australia
Regional Ranking
In Australia and Oceania
Global Ranking
Worldwide
Startups
Sydney Top Startup Industries
131 startups
71 startups
238 startups
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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
ECOSYSTEM
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Ecosystem
The Startup Ecosystem in Sydney
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
| 2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business 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 |
Startups
Notable Startups in Sydney
Startups
Successful Fintech startups in Sydney
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
In this article, we’ll explore the role of universities in startup ecosystems. Join us for an enlightening discussion in the 39th episode of our Startup Ecosystem Podcast series, where Martin Jordana welcomes David Kwok. David, the Director of Entrepreneurship & Innovation at YSpace —a university run community innovation hub nestled in Downtown Markham —shares valuable […]
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The Global Startup Ecosystem Rankings by StartupBlink
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Fri Sep 08 2023
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 […]