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Australia’s top 10 startups of 2020, revealed

·2-min read
(Source: EmploymentHero, Microsoft, Travel with Bender)
(Source: EmploymentHero, Microsoft, Travel with Bender)

Neobanks, online learning apps, HR platforms and tech firms are among the up-and-coming Australian companies that thrived during the pandemic, new LinkedIn data has revealed.

The professional network platform has unveiled its list of Australia’s top 10 startups of 2020 which “remained resilient during a tumultuous time” and even continued to attract investment, new staff and turned heads, according to a post by LinkedIn’s Natalie McDonald.

“2020 has been a year of upheaval as the Covid-19 pandemic swept across the globe, upending both business and personal plans. Startups have not been immune. Many have found ways to navigate these changes — or pivot altogether — and some have even thrived,” she said.

The companies point to emerging business trends and may indicate at future career opportunities, she added.

Judo Bank and Volt Bank were at the top of the list, followed by cloud solutions tech firm LAB3, which specialises in helping business and government agencies evolve quickly.

Judo Bank has managed to retain its crown from 2019, recently doubling its headcount and expanding into Perth.

Professional freelance marketplace Expert360 was fourth on the list, expanding its services globally into Europe and Asia, followed by popular human resources platform EmploymentHero, which launched a Covid-19 resource hub after the pandemic hit and will keep its remote work model permanently.

Corporate training marketplace Go1 also featured on the list thanks to its focus on mental health and wellbeing, while digital bank Xinja ranked sixth on the list.

Shippit, which connects retailers with carriers, capitalised on the pandemic’s e-commerce boom and made eighth on the list, with learning and jobs platform WithYouWithMe at ninth place.

Infrastructure tech firm Willow apparently surprised itself by working even better as a company after transitioning to an entirely remote work model, and collaborated better across global offices.

Here’s the full list:

  1. Judo Bank

  2. Volt Bank

  3. LAB3

  4. Expert360

  5. EmploymentHero

  6. Go1

  7. Xinja

  8. Shippit

  9. WithYouWithMe

  10. Willow

The companies were assessed according to four pillars: employee growth, jobseeker interest, member engagement, and how well the startups managed to pull talent from Linkedin’s top companies list.

Companies were only eligible if they were seven years old or younger, had at least 50 employees, and were headquartered in Australia.

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