The 2017 Startup Muster report, developments in Australia’s startup ecosystem

Monica Wulff CEO and Co-founder (and the team) | Startup Muster | November 22, 2017

The 2017 Startup Muster report is the fourth annual report, highlighting developments in Australia’s startup ecosystem from an online survey done earlier this year, (last report done in 2014). Download a copy of the report.

Some very interesting insights about our startup founders:

  • the top three startup industries are: fintech, edutech and the internet of things
  • 28% of founders have founded a startup before
  • 36% of founders were born outside Australia
  • 25% of founders are women (37% future founders) up from 16% in 2014, but 38% of startups still do not have any women in their business
  • The ‘help’ founders said they most benefitted from since starting up their business was mentorship – 56%; the support they need in the next 6 months – media exposure 40%, mentorship 39% and seed investment 37%
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