🚀 LinkedIn Top Australian Startups 2023
Welcome back to Talent Bites 🍔 your bi-weekly dose of short & relevant talent insights.
Posting from Canberra this week, back for the 2nd week in a row, lots going on in our nations capital for me at the moment! 😁
The past year has been challenging for companies across sectors, marked by continued inflation, widespread layoffs at well-known firms, tightened capital and significant drops in venture capital funding. Investment in Australian startups over the first six months of this year fell to US$1.11 billion, compared with US$3.64 billion over the same period in 2022, according to KPMG.
However, times of uncertainty can push companies to adapt and innovate — and lead to new opportunities for emerging industries. Climate tech and artificial intelligence startups are defying the capital slump, while local health and biotech startups have seen some of the biggest raises in 2023.
Our 7th annual LinkedIn Top Startups list is a testament to that spirit of innovation, featuring 20 young Australian companies that are growing fast and gaining attention. These are the startups that have trailblazed their way through recent economic and workplace challenges — and managed to stand out to investors and top talent along the way.
This list is ultimately meant to be a resource for you. At each company, you’ll find actionable insights on the roles, skills and functions in demand. See a startup that sparks your interest? Connect with employees you may know at each company, or turn on job alerts to stay on top of future opportunities.
Here are this year’s 10 Top Startups in Australia — join the conversation using #LinkedInTopStartups (full list of 20 available here).
Full-time headcount: 280 | Headquarters: Sydney | Year founded: 2018 | Most common skills: Development Tools, Web Development, Leadership | Most common job titles: Software Engineer, Product Manager, Engineering Manager | Largest job functions: Engineering, Arts and Design, Human Resources | What they do: Immutable is a crypto-based web game development and publishing business. It provides a decentralised and secure marketplace for trading in-game items and assets such as non-fungible tokens (NFTs).
A valued LinkedIn customer, hear from Pea Lord-Doyle on how their team Leverages Talent Insights to inform their Talent Sourcing Strategy & be an Advisor to the business (video link here).
Full-time headcount: 75 | Headquarters: Sydney | Year founded: 2018 | Most common skills: Development Tools, Data Science, Business Management | Most common job titles: Artificial Intelligence Specialist, Software Engineer, Machine Learning Engineer | Largest job functions: Engineering, Business Development, Administrative | What they do: Harrison.ai is a clinician-led healthcare company that uses artificial intelligence to help healthcare professionals diagnose diseases, design treatments and analyse medical images.
Full-time headcount: 80 | Headquarters: Sydney | Year founded: 2019 | Most common skills: Leadership, Digital Literacy, Communication | Most common job titles: Software Engineer, Business Operations Associate, Research Associate | Largest job functions: Operations, Engineering, Research | What they do: Vow is a food biotech company that uses animal cells to grow meat-like products in laboratories and factories, rather than farms and abattoirs.
Full-time headcount: 120 | Headquarters: Sydney | Year founded: 2019 | Most common skills: Leadership, Business Management, Digital Literacy | Most common job titles: Business Development Manager, Transportation Manager, Product Manager | Largest job functions: Operations, Sales, Business Development | What they do: Ofload is a freight logistics company that aims to digitise Australian trucking fleets into a more sustainable and centralised supply chain. It connects companies looking to deliver products with shippers and carriers.
Full-time headcount: 315 | Headquarters: Melbourne | Year founded: 2019 | Most common skills: Leadership, Business Management, Web Development | Most common job titles: Software Engineer, Patient Care Coordinator, Medical Affairs | Largest job functions: Healthcare Services, Engineering, Operations | What they do: Montu is an Australian medical cannabis company that connects Australians to qualified doctors through its telehealth platform.
Full-time headcount: 160 | Headquarters: Sydney | Year founded: 2018 | Most common skills: Business Management, Leadership, Digital Marketing | Most common job titles: Veterinary Nurse, Customer Service Representative, Product Manager | Largest job functions: Marketing, Operations, Engineering | What they do: Lyka is a pet food startup that develops personalised diets for dogs based on their breed, weight and size, and dietary requirements.
Full-time headcount: 220 | Headquarters: Melbourne | Year founded: 2020 | Most common skills: Web Development, Development Tools, Leadership | Most common job titles: Software Engineer, Account Executive, Frontend Developer | Largest job functions: Engineering, Sales, Marketing | What they do: Zeller is a payment and financial services startup for small to medium-sized businesses that helps owners accept and make payments and manage their finances.
Recommended by LinkedIn
Full-time headcount: 210 | Headquarters: Melbourne | Year founded: 2018 | Most common skills: Project Management, Construction Engineering, Business Management | Most common job titles: Project Manager, Construction Manager | Largest job functions: Program and Project Management, Operations, Customer Success and Support | What they do: Kapitol Group is a construction company that builds commercial and residential buildings, educational institutions and data centres to support critical IT infrastructure needed by enterprise and government.
Full-time headcount: 100 | Headquarters: Darwin | Year founded: 2020 | Most common skills: Development Tools, Web Development, Data Science | Most common job titles: Software Engineer, Content Producer, Data Scientist | Largest job functions: Engineering, Marketing, Business Development | What they do: Dabble is an online sports and racing bookmaker where users can share their experiences and tips with other members through an app.
Full-time headcount: 125 | Headquarters: Sydney | Year founded: 2021 | Most common skills: Advertising, Digital Marketing, Graphic Design | Most common job titles: Creative Director, Copywriter, Vice President Design, User Experience Designer | Largest job functions: Arts and Design, Business Development, Media and Communication | What they do: Howatson+Company is a full-service advertising company that has recorded rapid growth since it was founded in 2021 and is now considered a mid-sized firm. The agency's clients include Allianz, Belong and Maurice Blackburn.
Would you work for one of these exciting start ups??
Please share in the comments below, I'd love to hear from you ✍️
As always, thanks for reading & if you found this useful please share with your network ✨
See you next time! 🍔
Lauren
You can also check out the Top Startups in Brazil, Canada, France, Germany, India, Indonesia, Ireland, Israel, Italy, Mexico, Netherlands (Dutch & English), Singapore, Saudi Arabia (English & Arabic), Spain, Sweden (Swedish & English), Türkiye, the UAE (English & Arabic), the UK and the U.S.
Methodology and Insights by: LinkedIn Economic Graph team. To compile the list, we looked at LinkedIn data across four pillars: employee growth; jobseeker interest; member engagement within the company and its employees; and how well these startups pulled talent from our flagship LinkedIn Top Companies list. This year, we also adjusted our eligibility requirements, lowering the age criteria to five years or younger in order to feature more companies in their earlier, venture stages of growth.
LinkedIn measures startups based on four pillars: employment growth, engagement, job interest and attraction of top talent. Employment growth is measured as percentage headcount increase over methodology time frame, which must be a minimum of 10%. Engagement looks at non-employee views and follows of the company’s LinkedIn page, as well as how many non-employees are viewing employees at that startup. Job interest counts rate at which people are viewing and applying to jobs at the company, including both paid and unpaid postings. Attraction of top talent measures how many employees the startup has recruited away from any global LinkedIn Top Company, as a percentage of the startup’s total workforce. Data is normalised across all eligible startups. The methodology time frame is July 1, 2022 through June 30, 2023.
To be eligible, companies must be fully independent, privately held, have 50 or more full-time employees, be 5 years old or younger and be headquartered in the country on whose list they appear. We exclude all staffing firms, think tanks, venture capital firms, law firms, management and IT consulting firms, nonprofits and philanthropy, accelerators and government-owned entities. Startups who have laid off 15% or more of their workforce based on corporate announcements or public, reliable sources between July 1, 2022 and the list launch, are not eligible. These decisions are made by the LinkedIn News team based on company statements and/or reputable news outlets.
About company insights
*Company insights were sourced from LinkedIn Talent Insights. Data reflects aggregated public member data from active LinkedIn profiles in the relevant country and includes full-time employee profiles associated with the company on LinkedIn. We exclude members who identify as part-time or contractors. Headcounts are provided by the companies directly, unless otherwise noted with an asterisk. Those headcounts are based on LinkedIn data. All insights reflect a 12-month time period looking back from July 2023. Skills data was derived from measuring the most frequent skills among a company’s employees. Most common job titles represent the occupations that are most common within each company. Largest job function measures the function area most prevalent within each company.
Reported by: Marty McCarthy
Senior Managing Editor: Capucine Yeomans
Special Projects Leads: Natalie MacDonald (APAC), Michele Pierri (International), Juliette Faraut
Regional Lead: Pooja Chhabria
International Executive Editor: Sandrine Chauvin
Honouree companies: 1. Immutable | 2. Harrison.ai | 3. Vow | 4. Ofload | 5. Montu | 6. Lyka | 7. Zeller | 8. Kapitol Group | 9. Dabble | 10. Howatson+Company 11. me&u | 12. Amused Group | 13. What Ability | 14. Akcelo | 15. Carma | 16. ORDE Financial | 17. Fortress | 18. T-shirt Ventures | 19. Plotlogic | 20. Honey Insurance
That was great Pea Lord-Doyle !
Principal Advisor & Founder, Venture Bench | Global Expansion Strategist (ex Amazon and Big Law). Currently taking on clients to support GTM, product launches, fundraising, M&A, and crossborder operational needs.
1yWell deserved! Keep kicking goals Pea!
This is amazing. Go Pea! 🎉
Pea Lord-Doyle is the BEST!
People Strategy | Innovation | Skill Development
1yPea Lord-Doyle 😀