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LinkedIn reveals Australia’s Top Startups of 2024

LinkedIn Australia 6 mins read

LinkedIn, the world’s largest professional network, has released the 2024 LinkedIn Top Startups Australia list – an annual ranking of the emerging companies where professionals want to work.

These companies are not only experiencing rapid growth and attracting significant interest from investors and job seekers, but they are also pioneering innovative solutions that are transforming their respective industries. From manufacturing lab-grown meat and facilitating easier access to medicinal cannabis, to developing next-generation computers and designing 3D-printed hypersonic rockets, they are shaping the future. 

The Top Startups list is fuelled by data based on actions of more than 1 billion LinkedIn members globally across four core areas: employee growth, jobseeker interest, member engagement within the company and its employees, and how well these startups have pulled talent from the flagship LinkedIn Top Companies list. 

To be eligible, companies must be headquartered in Australia, be fully independent and privately held, have 30 or more full-time employees and be 5 years old or younger.

 

2024 LinkedIn Top Startups list Australia – Top 10

 

1

Montu

 

Headquarters: Melbourne | Year founded: 2019 | What they do: Montu is an Australian medical cannabis company that connects Australians with qualified doctors through its telehealth platform.

2

Eucalyptus

Headquarters: Sydney | Year founded: 2019 | What they do: Eucalyptus is a telehealth platform serving patients across four key brands, such as contraception and fertility, skincare, men’s health and sexual wellness.

3

ProcurePro 

Headquarters: Brisbane | Year founded: 2020 | What they do: ProcurePro creates software for construction firms to manage and consolidate their procurement processes into a single digital platform.

4

Heidi Health

Headquarters: Melbourne | Year founded: 2021 | What they do: Melbourne-based Heidi Health built an AI tool that enables medical practitioners to automate administrative tasks, such as writing clinical notes, case histories and referral letters.

 

5

Constantinople

Headquarters: Sydney | Year founded: 2022 | What they do: Constantinople is an all-in-one software and operational platform that helps banks manage everything from customer service and banking products to operations, compliance and anti-money laundering.

6

Vow

Headquarters: Sydney | Year founded: 2019 | 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.

7

Ofload 

Headquarters: Sydney | Year founded: 2019 | 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.

8

Howatson+Company

Headquarters: Sydney | Year founded: 2021 | What they do: Howatson+Company is a full-service advertising company that has recorded rapid growth since it was founded in 2021.

9

Zeller

Headquarters: Melbourne | Year founded: 2020 | 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.

10

Safewill

Headquarters: Sydney | Year founded: 2019 | What they do: Safewill is an end-of-life planning platform where users can digitally create a will more easily.

 

The full top 20 list of 2024 LinkedIn Top Startups in Australia is available here.

Cayla Dengate, Linkedin Australia Career Expert, said: "Linkedin’s 2024 Top Startups list showcases Australia’s vibrant entrepreneurial ecosystem and features dynamic companies across a wide-variety of industries. Based on unique LinkedIn data, the list can help Aussie professionals discover emerging companies across multiple sectors and help provide valuable insights for those looking to grow their career.” 

Here are some tips from Cayla on how to land a job at a startup:

  • Adopt a growth mindset: Startups evolve quickly, and they value people who are adaptable, eager to learn and grow with the organisation. It is important to showcase your intellectual curiosity and passion for continuous learning – such as how you’ve overcome challenges, learned from setbacks or embraced opportunities to develop new skills. Working at a startup also means being part of a collaborative and dynamic team. Be sure to highlight your ability to build relationships across functions, listen actively, and contribute to collective goals. 
  • Highlight how you will be a culture fit: Research about the company's culture and people on LinkedIn. Highlight your ability to work collaboratively with others and how you can add value. Don't be afraid to showcase your personality and unique talent.
  • Demonstrate critical thinking: The startup environment thrives on fresh perspectives - creativity and problem-solving skills will be your greatest assets. Demonstrate your approach to solving problems and your strategic thinking. Share examples of how you have done that in the past and what you learnt from that experience. 
  • Showcase your passion: Startups are passionate about their mission, and they want people who share the same values. Show that you have a genuine interest in the industry and enthusiasm for what they do. In interviews, demonstrating a deep understanding of their goals shows that you’re invested in their success, not just looking for any job. 

About us:

LinkedIn Top Startups List Methodology:

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 the 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, 2023 through June 30, 2024. To be eligible, companies must be independent and privately held, have 50 or more country-based 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, management and IT consulting firms, nonprofits and philanthropy, accelerators, and government-owned entities. Startups who have laid off 15% or more of their workforce within the methodology time frame are also ineligible. Minority venture investments that LinkedIn or Microsoft, LinkedIn’s parent company, make in other companies have no impact on a company’s eligibility

 

About LinkedIn:


LinkedIn connects the world’s professionals to make them more productive and successful and transforms the way companies hire, learn, market, and sell. Our vision is to create economic opportunity for every member of the global workforce through the ongoing development of the world’s first Economic Graph. LinkedIn has more than one billion members and has offices around the globe. www.linkedin.com / mobile.linkedin.com.


Contact details:

LinkedinAU@edelman.com

 

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