WHAT IS STARTMATE






Startmate invests in great Australian founders who are on a mission to be the best in the world

Startmate is powered by its mentors - successful startup founders who invest their own time and money in each batch. The mentors have extensive experience growing successful tech businesses such as Atlassian co-founders, Mike Cannon-Brookes and Scott Farquhar

Over 200 startups from across the country apply to be a part of each batch and 30 of these are shortlisted for interviews. Of these, we select the best 10-15

We offer $75,000 cash for 7.5% equity. For startups that have raised more than $250,000, we will match the terms of the last round of funding

Naval Ravikant, co-founder of AngelList, ranks Startmate alongside Y Combinator and Techstars as one of the top five accelerators in the world. The Economist listed Startmate as one of the top accelerators in the world based on follow-on funding for alumni.
Startmate is Australia's leading startup accelerator, running in both Sydney and Melbourne. Since our inception, we have invested in 73 startups.
Success stories include:
Everproof - $1.5M AUD Seed (Feb 2018)

Mentorloop - $1M AUD Seed (Nov 2017)
Morse Mirco - Series A ( Oct 2017)
Vero — $4M AUD Series A (June 2017)
Flirtey - $16M Series A (January 2017)
Happy Inspector - $7.5M Series A (October 2016)
Propeller Aerobotics - $3.1M Series A (September 2016)

UpGuard - $17M Series B (August 2016)
Bugcrowd - $15M Series B (April 2016)
Edrolo - $2.6M Series A (May 2015)

Other notable Startmate investments include: Bugherd, Flightfox, Workyard, Elevio, Kinderloop, QPay, Koala Safe, & Pixel Together