Changing Lifestyle: Australian Startups In 2023

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Changing Lifestyle Australian Startups In 2023
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• From tropical beaches to aboriginals, cute
  koalas, rolling wines, and lush rainforests,
  theres nowhere like Australia.
• Brands like Gleam and Canva are first-hand
  examples. Currently, the numbers look pretty
  impressive, with more than 1800 neo-age brands
  making an impact.
• The reasons arent obscure enough to scan.

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• A. A rock-solid economy Australia is the 13th
  among large economies that havent witnessed
  recession for over a couple of decades. Also,
  this nation has a pretty low unemployment rate
  and shows stable growth.
• B. Strong and uncompromised VC funding With more
  than 100 VC firms investing in Australia, coupled
  with incubators and accelerators, startups are
  blessed with early-stage boost-ups.
• C. Proactive support from the government
  Whether its small grants or the ambitious
  Startup Year Program launched in 2022 aimed at
  bringing more entrepreneurs to the mainstream
  market, theres no dearth of motivation.

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Heres a look at 10 promising Australian startups
in 2023 that can impact the Aussie lifestyle.
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The company at a glance
Key People Benjamin Humphrey, Bradley Ayers
Location Sydney
Number of employees 51-100
Area of focus Customer Research
Similar organizations POTLOC, Crowd Analyzer,
and Tetra Insights
Dovetail is 2017 Australian marketing startup
operating out of Sydney. Since they began,
Dovetail has been through some high-profile
funding, including a 63 Million Series A round
led by Accel in 2022.
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Athena
Another 2017-born Aussie startup, Athena, is
headquartered in Sydney and is a rising star in
the fintech space. As a solution provider
organization, they help individuals accelerate
their home loan repayment and simplify the
process of purchasing a home.
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• By connecting homeowners and prospective
  homeowners with ethical investors, Athena has
  been able to successfully address the most
  pressing demands. The company set a new record
  for the largest fundraising ever achieved by an
  Australian company in May 2021 (a whopping 90
  million).
• The company at a glance
• Key People Michael Starkey, Nathan Walsh, Rex V.
  Job
• Location Sydney
• Number of employees 101-250
• Similar organizations Lendi, Grapple, Shift

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Eucalyptus
Eucalyptus came into existence in 2019. Over the
years, the company has helped at least 250,000
patients receive improved healthcare support.
Eucalyptus has also successfully secured funding
through multiple rounds, including a notable 42
Million Series C round in January 2022.
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The company at a glance Key People Alexey
Mitko, Benny Kleist, Charlie Gearside, Tim
Doyle Location Haymarket Number of employees
51-100 Area of focus Healthcare Similar
organisations Tendo, Syllable, Pera Labs
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OCR Labs
OCR Labs had a humble beginning in 2014. OCR Labs
has also secured multiple rounds of funding,
including a Series B in February 2022 (30
Million raised).
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OCR Labs
The company at a glance Year Founded 2014 HQ
Sydney, New South Wales, Australia Size
11-50 Key People Daniel Aiello, Matthew
Adams Similar companies Onfido, Jumio
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As a technology-driven lender, Judo is
essentially a neobank specializing in financing
solutions for small and medium-sized enterprises.

As of January 2020, Judo Bank has successfully
extended loans worth 1B to Australian small
businesses, while also accumulating 1B in
digital retail term deposits.
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Marketplacer

• Marketplacer has an impressive track record,
  having played a crucial role in the development
  and implementation of more than 100 Marketplaces,
  and successfully connecting over 16,000
  businesses globally.
• The company at a glance
• HQ Melbourne
• Year founded 2007
• Key people Jason Wyatt, Sam Salter
• Number of employees 101-250
• Similar companies Yo! Kart, Yelo, Logicbroker

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Mr Yum

• Mr. Yums platform is totally web-based which
  means you will never have to download an app.
  Simply scan a QR code, and voila! You have the Mr
  Yum menu right on your screen.
• The company at a glance
• HQ Collingwood
• Year founded 2018
• Key People Adrian Osman, Andrei Miulescu,
  Kimberly Teo
• Number of employees 11-50
• Similar companies Onfleet, Open Tables

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Relectrify

• As a 2015 startup, Relectrify is headquartered in
  Melbourne and specializes in enhancing batteries
  and optimizing their performance. Their
  innovative technology allows for the complete
  utilization of each cells capabilities,
  resulting in improved efficiency.
• Additionally, it also reduces costs by generating
  AC output without the need for an external
  reverter.
• Relectrify has successfully secured multiple
  funding rounds, including a significant
  investment from Energy Innovation Capital,
  although specific financial details of this
  latest round remain undisclosed.

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Sendle

• As a pioneer in carbon-neutral services in the
  Australian courier industry, Sendle certainly is
  a one-of-a-kind startup helping small to
  medium-sized Australian businesses as well as
  online retailers.
• Sendle also successfully secured financing of 35
  million in a 2021 Series C funding led by AP
  Ventures, backed by Afterpay, along with
  returning investors like Federation, Full Circle,
  and NRMA.

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As a digital healthcare company, HealthMatch aims
to revolutionize the process of connecting
patients with clinical trials. The Aussie startup
uses advanced machine learning technology to
match patients in real time with trials aligned
to specific medical profiles. Alongside, the
extensive use of artificial intelligence, it
helps analyze clinical data.