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The Startup Ecosystem of Sydney

Sydney has 9 startups in our sample database.

CITY RANKING

In 2024, the startup scene of Sydney shows much promise after advancing in the Global Ecosystem Index by 1 spot.

National Ranking

48th
-
2
In Canada

Regional Ranking

302nd
+
1
In North America

Global Ranking

1069th
+
1
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Sydney Top Startup Industries

Software & Data icon
Software & Data
#720 worldwide

4 startups

Fintech icon
Fintech
1 startups
Marketing & Sales icon
Marketing & Sales
1 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
IndustryGlobal rankMomentum YoYNumber of Startups
Global10699
Software & Data720-7204
Ecommerce & Retail00.0000.0000.00
Edtech00.0000.0000.00
Energy & Environment00.0000.0000.00
Fintech00.0000.0000.00
Foodtech00.0000.0000.00
Hardware & IoT00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Sydney

Download list
Carbide startup logo
Software & Data | Enterprise Technology
Unranked
BlendAI startup logo
Marketing & Sales | Adtech
Unranked
Lyra Finance startup logo
Fintech | Cryptocurrency
Unranked
Talem AI startup logo
Software & Data | Artificial Intelligence
Unranked
Aeon Blue startup logo
Energy & Environment | Energy
Unranked
alterBiota startup logo
Hardware & IoT | Hardware
Unranked
Navigate Startup House startup logo
Ecommerce & Retail | Proptech
Unranked
Mabel Systems startup logo
Software & Data | Enterprise Technology
Unranked
Securicy startup logo
Software & Data | Cybersecurity
Unranked

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Startup Ecosystem Charts

Startup Funding in Sydney2017 - 2024

Startup Funding in Sydney 2017 - 2024

From 2022 to 2023, startup funding in Sydney has decreased by 100%. During this period, the number of deals in Sydney has remained stable%. Since 2017, total startup funding in Sydney exceeded US$ $23.72M.

Average Funding in 2023

$0.00

Sydney
Canada
-100.00% YoY

Funding in 2023

$0.00

Sydney
Canada
-100.00% YoY

Deals in 2023

1

Sydney
Canada
+0.00% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B00.751.52.253

Ecosystem

The Startup Ecosystem in Sydney

Startups in Sydney excel in Software & Data, Fintech, and Marketing & and Sales. There are some notable success stories contributing to the city’s growing Software & Data industry. One of the most promising startups in Sydney in 2024 is Carbide, BlendAI, and Lyra Finance.

Global Rank

Sydney is ranked below the top 1000 startup ecosystems globally.

Top Industries

Sydney’s startups excel particularly in Software & Data where it ranks 720 and in Fintech, and Marketing & Sales. Find out more

Top Cities for Startups in Canada - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
informational icon
Business Score
1st
0
22nd
+
1
36.732
00.00
00.00
00.00
2nd
0
40th
+
1
20.495
00.00
00.00
00.00
3rd
0
43rd
+
1
17.743
00.00
00.00
00.00
4th
0
67th
+
1
10.193
00.00
00.00
00.00
5th
0
90th
-
14
8.588
00.00
00.00
00.00
6th
0
107th
+
4
7.280
00.00
00.00
00.00
7th
0
144th
-
15
4.542
00.00
00.00
00.00
8th
0
148th
-
4
4.366
00.00
00.00
00.00
9th
0
179th
+
1
3.232
00.00
00.00
00.00
10th
+
1
219th
+
6
2.118
00.00
00.00
00.00
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Download CSV file
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Startups

Notable Startups in Sydney
Carbide startup icon
Carbide
BlendAI startup icon
BlendAI
Lyra Finance startup icon
Lyra Finance

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 Software & Data, Fintech, Marketing & Sales. These three industries represent about 67% of the startups represented on the Startup Ecosystem Map of Sydney.

48th

National Rank

302nd

Regional Rank

Overview

Sydney is Canada's 48th best startup ecosystem and is ranked 302nd in North America. With a population of 0.1M - 0.5M people, Sydney is ranked 1069th in the world. The city has some notable startup success stories including Carbide.

BLOG

Recent Posts

Mon Apr 14 2025

From Service-Based to Product-Based Economy – Lessons from North Macedonia

In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]

Wed Apr 02 2025

Corporate Startup Activity Index 2025

For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]