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Unicorns of Australia and New Zealand — May 2026

Last updated on 22 May 2026·Asia-Pacific

There are over 40 unicorns in Australia and New Zealand

As of May 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 May 2026)
Acquisition of Afterpay by Square has been the largest tech M&A in Australia to date

What are the unicorns of 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	Canva	🇦🇺	$42.0B	$4.0B	10.5x	🚀 Private
2	Afterpay	🇦🇺	$29.0B			🤝 Acquired
3	Atlassian	🇦🇺	$25.9B	$5.2B	5.0x	📈 Public
4	IREN	🇦🇺	$23.9B	$0.5B	47.6x	📈 Public
5	REA Group	🇦🇺	$14.5B	$1.4B	10.5x	📈 Public
6	WiseTech Global	🇦🇺	$11.7B	$0.8B	15.0x	📈 Public
7	Airwallex	🇦🇺	$8.0B	$1.0B	8.0x	🚀 Private
8	carsales.com	🇦🇺	$8.1B	$0.8B	9.6x	📈 Public
9	Xero	🇳🇿	$10.1B	$1.6B	6.1x	📈 Public
10	Firmus Technologies	🇦🇺	$6.0B			🚀 Private
11	TechnologyOne	🇦🇺	$7.4B	$0.4B	17.4x	📈 Public
12	Latitude Financial Services	🇳🇿	$5.2B	$0.0B	244.4x	📈 Public
13	Seek	🇦🇺	$4.1B	$0.8B	5.3x	📈 Public
14	Netwealth Group	🇦🇺	$3.7B	$0.2B	16.7x	📈 Public
15	Judo Bank	🇦🇺	$3.4B	$0.3B	11.8x	📈 Public
16	Immutable	🇦🇺	$3.5B			🚀 Private
17	Humm Group	🇦🇺	$3.3B	$0.5B	7.1x	📈 Public
18	Zip	🇦🇺	$3.8B	$0.8B	5.0x	📈 Public
19	SafetyCulture	🇦🇺	$2.5B	$0.2B	10.4x	🚀 Private
20	Droneshield	🇦🇺	$1.8B	$0.2B	11.7x	📈 Public
21	Employment Hero	🇦🇺	$2.3B	$0.3B	7.7x	🚀 Private
22	Culture Amp	🇦🇺	$2.2B			🚀 Private
23	Go1	🇦🇺	$2.0B			🚀 Private
24	Halter	🇳🇿	$2.0B	$0.1B	20.0x	🚀 Private
25	Pexa Group	🇦🇺	$1.5B	$0.3B	5.3x	📈 Public
26	Domain Holdings	🇦🇺	$1.9B	$0.3B	6.1x	🤝 Acquired
27	Imdex	🇦🇺	$1.5B	$0.3B	5.0x	📈 Public
28	Linktree	🇦🇺	$1.3B			🚀 Private
29	MessageMedia	🇦🇺	$1.3B			🤝 Acquired
30	MoneyMe	🇦🇺	$1.2B	$0.1B	8.4x	📈 Public
31	Aconex	🇦🇺	$1.2B	$0.1B	10.6x	🤝 Acquired
32	Eucalyptus	🇦🇺	$1.2B			🤝 Acquired
33	Pet Circle	🇦🇺	$1.1B	$0.3B	4.2x	🚀 Private
34	Deputy	🇦🇺	$1.1B			🚀 Private
35	Energy Exemplar	🇦🇺	$1.0B			🤝 Acquired
36	Advanced Navigation	🇦🇺	$1.0B	$0.1B	10.0x	🚀 Private
37	Megaport	🇦🇺	$2.1B	$0.2B	13.0x	📈 Public
38	Objective Corp.	🇦🇺	$0.7B	$0.1B	8.2x	📈 Public
39	Neara	🇦🇺	$0.7B			🚀 Private
40	Siteminder	🇦🇺	$0.8B	$0.2B	4.7x	📈 Public
41	Bravura Solutions	🇦🇺	$0.7B	$0.2B	3.8x	📈 Public
42	Temple & Webster	🇦🇺	$0.3B	$0.4B	0.7x	📈 Public