Largest Tech Companies in Australia and New Zealand — September 2026
Last updated on 22 September 2026·Asia-Pacific
There are over 40 unicorns in Australia and New Zealand
As of September 2026, there are now over 40 tech and tech-enabled companies valued at over $1B that originated from Australia and New Zealand.
Canva is the largest Australian tech company
Plenty of Australian $1B+ tech companies went public (over 20 as of September 2026)
Acquisition of Afterpay by Square has been the largest tech M&A in Australia to date
What are the largest tech companies in Australia and New Zealand?
This ranking includes tech companies in Australia and New Zealand valued above $1 billion. It includes private, public and acquired companies. Most valuations are last reported or recently rumoured.
On ZIRP-era (2020-2022) valuations: we exclude companies that latest reported valuation would be enough to hit the list, but it is expected that the company is now valued significantly lower.
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1
AtlassianAtlassian produces software that helps teams work together more efficiently and more effectively. The company provides project planning and management software, collaboration tools, and service desk solutions. Atlassian was founded in 2002 and is headquartered in Sydney, Australia.
$52.6B
$6.6B
8.0x
Public
2
CanvaCanva is a Sydney-headquartered graphic design platform offering drag-and-drop tools for creating presentations, social media posts, posters, and invitations. Users access millions of templates, stock photos, icons, and fonts from its library. Launched in 2013, Canva serves teams at organizations like Coca-Cola and HubSpot through free and Pro subscriptions, with enterprise features for brand kits and collaboration.
$42.0B
$3.3B
12.7x
Private
3
AfterpayAfterpay is a buy now, pay later service enabling shoppers to split purchases into four interest-free installments over six weeks. Sydney-headquartered since its 2014 founding, the platform integrates with merchants in Australia, the United States, Canada, New Zealand, and Europe for immediate order fulfillment. Afterpay processes transactions via its app and website, emphasizing on-time payments to avoid late fees.
$28.5B
$675M
42.2x
Acquired
4
REA GroupREA Group is a technology company operating in the real estate sector. REA Group’s primary business is an online listings platform for residential real estate, www.realestate.com.au, which is the largest residential real estate listings platform in Australia, at around four times the size of the number two, www.domain.com.au. REA Group is majority-owned by News Corp. REA Group’s other businesses include adjacent services.
$14.7B
$1.4B
10.4x
Public
5
Pro MedicusPro Medicus is a healthcare IT company specializing in radiology imaging software. Its main product, Visage 7, is a clinical desktop application that radiologists use to view, enhance, and manipulate images from any device and make a diagnosis. Its main customers are US private academic hospitals. In fiscal 2025, Pro Medicus earned 90% of revenue in North America, 8% from Australia, and the remaining 2% in Europe.
$12.7B
$182M
69.2x
Public
6
IRENIREN Ltd is engaged in data center business powering the future of Bitcoin, AI and beyond utilizing renewable energy. Bitcoin mining operations generate revenue by earning Bitcoin through a combination of Block rewards and transaction fees from the operation of its Bitcoin miners and exchanging these Bitcoin for fiat currencies such as USD or CAD.
$10.6B
$707M
17.8x
Public
7
Firmus TechnologiesFirmus Technologies is an Austin-headquartered provider of AI data center infrastructure known as AI Factories, optimizing GPU clusters for maximum token generation throughput and profitability. Featuring liquid cooling across racks, power management, and AI FactoryOS operating system, it supports H100 and H200 GPUs with 99.99 percent uptime. Firmus' SMC cloud platform leverages SHARP networking for hyperscalers training large language models at scale.
$10.5B
–
–
Private
8
WiseTech GlobalWiseTech is a founder-led, global leader in logistics software for international freight forwarding. WiseTech’s core product, CargoWise, is used by the majority of the top 25 global freight forwarders and has world-leading annual customer retention rates of over 99%. CargoWise’s main competition consists of inhouse software solutions and analogue processes, providing a large and highly winnable market opportunity for WiseTech’s current and future products.
$8.8B
$1.4B
7.7x
Public
9
XeroXero is a technology company originating from New Zealand, providing cloud-based accounting software, primarily for small and midsized enterprises, or SMEs, and accounting practices. As a first mover in the space for cloud-based accounting software, Xero has grown quickly to achieve dominant market share in New Zealand and Australia, displacing legacy providers. Xero has also expanded beyond its home region toward other English-speaking countries, primarily the UK and the US.
$7.6B
$1.6B
4.9x
Public
10
TechnologyOneTechnology One is a technology company providing enterprise resource planning software, primarily to governments, education institutions, and healthcare organizations in Australia, New Zealand, and the United Kingdom. Over the past three decades, Technology One has successfully carved out its niche, boasting dominant market shares in some of its key verticals, world-leading annual customer retention rates of over 99%, and a consistently growing number of products used per customer.
$7.3B
$416M
17.1x
Public
11
carsales.comcarsales.com is the flagship Australian online vehicle marketplace within CAR Group Limited, the corporate name adopted by the listed parent in 2023. The business connects private sellers and dealers with buyers and earns revenue from vehicle listings, dealer subscriptions, advertising, data products and related digital services. CAR Group operates wholly owned marketplace businesses in Australia under carsales, South Korea through Encar, the United States through Trader Interactive and Chile through chileautos. It is also the majority shareholder of Webmotors in Brazil. The group's marketplaces cover automotive, commercial, industrial and leisure vehicles, supported by shared data and technology. CAR Group is an ASX 50 company, while the carsales consumer brand remains active in Australia despite the parent's name change. This record should therefore be read as the carsales.com business and historical investor identity within today's CAR Group, not as a separate company unrelated to the listed parent.
$6.3B
$870M
8.3x
Public
12
SeekSeek is a technology company operating in the employment segment. Seek’s primary business is an online marketplace for employment, www.seek.com.au, which is the largest online marketplace for employment in Australia and New Zealand. Seek also owns and operates employment listings platforms in Southeast Asia and owns a stake in an investment business in employment listings platforms and other employment-related businesses.
$3.3B
$892M
4.5x
Public
13
Netwealth GroupNetwealth provides cloud-based investment administration software as a service in Australia via its proprietary platform. Netwealth’s platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform, which are managed by third-party investment managers.
$2.8B
$272M
10.2x
Public
14
MegaportMegaport is one of the world’s largest software-defined network service providers, enabling around 3,000 enterprise customers to connect to over 1000 data centers throughout the world. Megaport’s services mostly revolve around enabling enterprises to connect to cloud service providers, like Amazon Web Services, but it also offers services to enable businesses to connect across multiple data centers and to internet exchanges.
$2.8B
$217M
11.8x
Public
15
Immutable SystemsImmutable Systems is a Sydney-based blockchain infrastructure provider for gaming. It delivers layer-2 scaling solutions on Ethereum for NFT-based video games like Gods Unchained. The platform processes millions of transactions daily, enabling true asset ownership in titles from GameStop and others. Immutable supports studios with SDKs and gods unchained marketplace.
$2.5B
–
–
Private
16
Virtual Gaming WorldsVirtual Gaming Worlds is an Australian developer of Chumba World, a Facebook-based multiplayer casino game combining city-building with gambling mechanics. Players construct casinos using avatars, host games, and convert virtual earnings to cash, with the company retaining transaction fees. Launched for social gaming audiences in Australia and internationally.
$2.1B
–
–
Acquired
17
Secure Electronic Registries VictoriaSecure Electronic Registries Victoria, known as SERV, operates the land titles and registry functions of Land Use Victoria under a 40-year concession from the Victorian government. It processes more than a million property transactions a year, issues property certificates and runs LANDATA, the state's official property information portal. The Victorian government continues to own the register and regulate statutory fees, while SERV earns registration, search and data revenue. It traded as Victorian Land Registry Services before rebranding to SERV in November 2021.
$2.1B
–
–
Acquired
18
Go1Go1 is an Australian workplace learning technology company founded in Brisbane in 2015. It operates a subscription platform that aggregates professional training and compliance content from hundreds of providers into one enterprise library. Learning and development teams use the service to assign courses, manage access, and give employees a common catalogue across subjects and formats. The company serves employers and their workforces rather than operating a consumer university or awarding academic degrees. Go1 earns recurring subscription revenue from organisations using its content library and administration tools. It has expanded internationally through internal growth and acquisitions of learning, content, and workforce technology businesses. The acquisition of Everproof added digital credential and compliance-record capabilities to the company's broader workplace learning proposition.
$2.0B
–
–
Private
19
HalterHalter is a New Zealand-based agtech company producing solar-powered GPS collars for cattle and sheep. The virtual fencing system delivers audio cues and mild pulses to contain livestock within pastures while tracking health metrics and water usage via cloud dashboard. Deployed on over one million animals, Halter serves dairy and beef farmers in Australia and North America.
$2.0B
$89M
22.4x
Private
20
Domain GroupDomain Group is a Melbourne-headquartered operator of online property marketplaces in Australia, facilitating home sales, rentals, and commercial listings through Domain.com.au. The company offers tools for real estate agents, buyers, and sellers including market insights, valuation estimates, and virtual tours. Acquired by Nine Entertainment in 2018, Domain Group maintains a portfolio serving urban markets in Sydney, Brisbane, and Perth with data from over 1 million property transactions annually.
$1.9B
$291M
6.7x
Acquired
21
NSW Land Registry ServicesNSW Land Registry Services is the private operator of the New South Wales land titles and property registry, carved out of the state's Land and Property Information agency in 2017 under a 35-year concession. It registers property dealings, maintains the Torrens title register and sells title searches, plans and property data to conveyancers, banks, government and the public. The New South Wales government retains ownership of the register and sets statutory pricing, while the operator earns transaction and data fees. The business handled around A$130 million of annual net profit at the time of the concession sale.
$1.9B
–
–
Acquired
22
Cover GeniusCover Genius is a privately held embedded protection company that lets online and offline businesses sell insurance, warranties and other protection products at the point of sale. It was founded in Sydney in 2014 by Angus McDonald and Chris Bayley and now runs offices in several countries, including London and New York. Its distribution platforms include XCover, RentalCover and XClaim, and it states that it is licensed or authorised in more than 60 countries and all 50 US states. Partners come from retail, travel, logistics, the gig economy, mobility, banking, payments and live event ticketing, and the products are underwritten by a panel of third-party insurance carriers. Revenue comes mainly from commissions and fees on policies sold through partner checkouts. Backers include Sompo, Spark Capital and Dawn Capital, and in July 2026 it reported a US$100 million facility from Vista Credit Partners at a US$1.9 billion valuation. Its own acquisitions are Booking Protect, the assets of Clyde and Friendsurance.
$1.9B
–
–
Private
23
Trade MeTrade Me is a New Zealand online marketplace founded in Wellington in 1998 by Sam Morgan. It began as a consumer auction site and developed into a broad platform for general goods, vehicles, property, jobs and related classifieds. Consumers and businesses list items and services, communicate with counterparties and complete transactions through the platform. The company earns revenue from success fees, listing products, advertising and seller services. Trade Me became one of New Zealand's most widely used internet businesses and built strong local network effects. Its operations span consumer-to-consumer and business-to-consumer commerce as well as vertical classifieds. The business later changed ownership several times, but the 1999 transaction records Movac's founding-era seed participation in the original private company.
$1.9B
$180M
10.5x
Acquired
24
ZipZip is a credit provider operating two segments: Australia and New Zealand, and the US. Founded in Australia in 2013, it has over 6 million active customers and partners with over 85,000 merchants. In Australia, Zip positions itself as a credit card alternative, with several revolving credit products. Customers can carry the balance over time with a monthly fee and set their own repayment schedule. The US and New Zealand offering is a far more vanilla BNPL offering: Pay-in-4 in New Zealand and Pay-in-Z in the US, where customers pay back in fixed instalments. The US segment is built on the 2020 acquisition of QuadPay and has recently become Zip’s largest and fastest-growing segment.
$1.9B
$928M
3.8x
Public
25
SafetyCultureSafetyCulture is an Australian mobile-first operations platform for inspections, issues management, and training. Sydney-headquartered, it powers frontline teams in construction, manufacturing, and aviation with templates for JSA and audits. SafetyCulture supports 85,000 organizations worldwide including United Airlines and Hilton, integrating with PowerBI for corrective action tracking.
$1.8B
$84M
21.1x
Private
26
OptalOptal is a payment solutions provider issuing Mastercard-branded products for complex industries worldwide. London-headquartered Optal streamlines cross-border transactions, boosting profitability in sectors like retail and travel through efficient processing.
$1.7B
$178M
9.6x
Acquired
27
Vector MeteringVector Metering, rebranded Bluecurrent, is a smart electricity and gas metering business operating in New Zealand and Australia. It owns or manages the meter fleet on behalf of electricity retailers and networks and supplies the associated data services. At the time of its 2023 partial sale the business owned or managed more than 2.3 million meters and was the largest provider of its kind across the two markets. It was built inside NZX-listed Vector Limited from 2009.
$1.5B
–
–
Acquired
28
Culture AmpCulture Amp is a Sydney-headquartered employee experience platform that helps organizations measure and improve engagement, performance, and retention. Its software collects feedback through pulse surveys, onboarding tools, and performance reviews, serving over 4,000 companies globally including Airbnb and Slack. Founded in 2009, the company operates from offices in Melbourne, San Francisco, and remote teams worldwide, processing billions of data points annually.
$1.5B
–
–
Private
29
Data#3Data3 Ltd is an Australian IT firm offering solutions across cloud, data and analytics, modern workplace, security, and connectivity, and combining them with consulting, project services, and managed services for its clients. The Group's reportable segments are: Software Solutions, Infrastructure Solutions, and Services. Maximum revenue is generated from the Software Solutions segment, providing software licensing and consumption sales, along with consulting services. The Infrastructure Solutions segment provides hardware and accompanying software licensing, vendor-branded maintenance, and other services; and the Services segment offers consulting services, project services, maintenance, managed services, contracting services, software licensing, and vendor-branded maintenance services.
$1.5B
$630M
2.0x
Public
30
MYOBMYOB is an Australian business-software company based in Melbourne that provides accounting, payroll, tax and business-management software to sole traders, small and medium-sized businesses, mid-sized enterprises and the accountants and bookkeepers who serve them in Australia and New Zealand. Its products include the Solo app for sole operators, MYOB Business Lite and Pro, AccountRight Plus and Premier, a payroll-only product, ERP software for larger businesses and practice software for accounting firms, sold through tiered plans with Australian Taxation Office compliance built in. MYOB traces its history to 1991 and has grown through acquisitions including BankLink, PayGlobal, Greentree and GreatSoft. Bain Capital took a majority stake in 2011, and MYOB Group was readmitted to the ASX in May 2015. When KKR agreed to take it private, MYOB served about 1.2 million businesses and accountants. KKR completed the A$2 billion acquisition at A$3.40 a share in May 2019, after first offering A$3.77, and MYOB was delisted from the ASX. The company is led by chief executive Paul Robson.
$1.4B
$289M
4.9x
Acquired
31
Link GroupLink Group is a global provider of technology platforms for fund administration and investor services, administering financial ownership data for more than 10,000 clients worldwide. The Newcastle-based company delivers data management, registry services, and engagement tools to asset owners, trustees, and superannuation funds primarily in Australia, New Zealand, and the UK. Link Group supports over 3 million investor accounts and processes billions in transactions monthly through its proprietary platforms like ViewMedia and SuperStream. Listed on the Australian Securities Exchange since 2017, it expanded into Europe via acquisitions such as IRESS's fund administration business in 2021.
$1.4B
$764M
1.8x
Acquired
32
MessageMediaMessageMedia is a Melbourne-headquartered mobile messaging provider serving Australian enterprises with SMS gateways, API integrations, and campaign tools. Recognized in Deloitte Technology Fast 50 from 2005 to 2011, the company supports two-way dialogues, MMS delivery, and compliance with ACMA regulations for sectors including finance, retail, and government.
$1.3B
$151M
8.6x
Acquired
33
LinktreeLinktree is a Melbourne-based 'link-in-bio' platform that lets creators, brands, and publishers consolidate their online presence into a single page linking out to their social profiles, stores, and content. The platform offers free and paid tiers, with Pro features including video links, thumbnails, and audience analytics. Since launching in 2016, it has grown into one of the most visited destinations on the web, used by creators to organize and monetize their digital footprint.
$1.3B
$49M
26.5x
Private
34
Employment HeroEmployment Hero is a Sydney-headquartered HR software platform serving over 300,000 businesses primarily in Australia and New Zealand. The cloud-based system integrates payroll processing compliant with Fair Work Act regulations, employee onboarding via mobile app, and benefits administration including superannuation management. It connects users to a marketplace of 10,000 perks from partners like Gympass and Bupa. Founded in 2014, the company expanded to the UK in 2022, automating shift rostering and performance reviews for retail and hospitality sectors.
$1.2B
$213M
5.6x
Private
35
Aconex LimitedAconex Limited was a Melbourne-headquartered provider of cloud-based collaboration software for the construction, infrastructure, energy, and resources industries. The platform offered document management, workflow automation, and mobile access for project teams worldwide. Founded in 2000 with offices in 23 countries, Aconex was acquired by Oracle in 2018.
$1.2B
$124M
9.7x
Acquired
36
ImdexImdex Ltd is a mining technology and earth sciences company that enables customers to safely find, define, and optimise the subsurface with precision, confidence, and at speed. Its product offering includes drilling optimisation products, cloud-connected rock knowledge and geophysical sensors, and data and analytical software. Its products and solutions include Drilling Optimisation, Rock Knowledge, Software, Exploration Solutions, and Production Mining. Its segments are Digital Earth Knowledge and Drill Site Technologies includes three segments involved in the manufacturing and sale/rental of products and services to the mining sector across the following geographical lines: DST Americas, DST Asia Pacific, and DST Europe, Middle East & Africa, with DST Americas generating maximum revenue.
$1.2B
$361M
3.8x
Public
37
EucalyptusEucalyptus is a Sydney digital-health company founded in 2019 by Tim Doyle, Charlie Gearside, Alexey Mitko and Benny Kleist. It runs direct-to-consumer telehealth brands including Pilot for men's health, Juniper for women's weight loss and menopause, Kin for fertility and Software for prescription skincare, and Athletic Ventures describes it as a high-touch, high-quality digital healthcare business with five brands that also include Compound. Blackbird said the business differentiates through customer experience and launches distinct brands for underserved patient groups on shared infrastructure. Its cap table included Blackbird, Airtree, Woolworths' venture fund W23, OneVentures, Athletic Ventures and Mary Meeker's BOND Capital. In February 2026 Hims & Hers Health agreed to buy the company for US$1.15 billion, with US$240 million upfront and deferred payments over 18 months plus an earnout through early 2029, when its revenue run-rate exceeded US$450 million.
$1.1B
$450M
2.6x
Acquired
38
DeputyDeputy is a Sydney-headquartered workforce management platform designed for hourly workers and businesses worldwide. The software handles scheduling, time tracking, communication, and compliance for industries like retail, hospitality, and healthcare. Adopted globally, Deputy streamlines shift management and improves employee engagement through mobile-first tools and integrations with payroll systems.
$1.1B
$100M
11.0x
Private
39
SeequentSeequent is a Christchurch, New Zealand-headquartered provider of subsurface modeling software for geologists and engineers. Acquired by Bentley Systems, its Leapfrog suite visualizes geological data for mining, oil and gas, and environmental projects. Seequent's Oasis montaj handles geophysical analysis. The platform supports collaborative workflows across global teams. Solutions address groundwater, tunneling, and carbon storage challenges.
$1.1B
$109M
9.6x
Acquired
40
DroneshieldDroneshield Ltd develops and sells hardware and software for drone detection and security. The principal activity of the company is the development, commercialization, and sales of hardware and software technology for drone detection and security. It has four products: Dismounted, which include RfPatrol Mk2, DroneGun Mk4, Immediate Response Kit (IRK), DroneGun Tactical; On-The-Move includes DroneSentry-X Mk2, Expeditionary Fixed Site (EFS) Kit; Fixed Site includes DroneSentry; and Software includes DroneSentry-C2, Tactical DroneSentry-C2, and DroneOptID. The company provides its solutions to the intelligence community, Government, law enforcement, critical infrastructure, and airports globally. Its geographical segments are the United States and Australia.
$1.0B
$150M
5.9x
Public
41
Pet CirclePet Circle is a Melbourne-headquartered online pet retailer in Australia, offering subscription deliveries of dog and cat food, medications, toys, accessories, and treats from 1,000+ brands. Founded in 2011, it serves 500,000 active customers with autoship discounts up to 20%. The company donates supplies to over 100 rescue organizations like RSPCA and operates warehouses in Sydney and Brisbane for next-day delivery.
$1.0B
$269M
3.7x
Private
42
TSGTSG is a London-headquartered revenue management platform serving the global fitness, leisure, and membership-based industries with billing, customer engagement, and retention software. The company processes payments for over 5,000 clubs in 40 countries, integrating with Mindbody, ClubReady, and Zen Planner systems. TSG offers dynamic pricing tools, churn prediction analytics, and automated email campaigns for gyms, sports facilities, property managers, and home service providers. Operational for more than 20 years, the firm supports insurance premium collections and multi-site consolidations.
$1.0B
–
–
Acquired
Data and methodology
Underlying data
Public markets data is powered by FactSet (consensus analyst estimates), and Morningstar (historical data). Data points are calendarized to December where relevant: retrieved data on financial year ends (e.g. FY, FY+1 etc.) are mapped to calendar years (2025A, 2026E etc.) before the appropriate month weights are then applied to prior/future fundamentals.
Private transaction data is multi-sourced, aggregated from harvesting public information, 3rd party APIs, and data engineering. All data is verified and provided with an extensive manual process. If data permits, we apply our own logic to get to the EV. For example, for a large M&A deal with available information on the target's net debt, we might adjust a valuation to fully reflect an accurate EV. In all other cases, we take the reported valuation as the numerator. Financials: we source LTM revenue and LTM EBITDA data from company filings, press releases, or other verified sources. If LTM data is unavailable, we take the 'next best-fit' period (run-rate or calendar year), provided it makes sense in a given case. For example, if a deal closed in November 2025, we might take full-year 2025 revenue as a revenue benchmark.
Any raw figures are harmonised to USD for comparison purposes.
This page is built on data available at Multiples. Sign up for a free trial to see the full dataset.
