13 australian start ups to watch in 2017

Australian Startup 2017

13 Australia n startups to watch in 2017 Find 13 startups that you need to look out for.

They seem promising and have the perfect idea combined with a reliable execution strategy.

Startup Business in Australia

TRooTech Business Solution Australia Address: 07 Westburry Street, Balaclava, St. Kilda, Victoria, Melbourne 3182

Australian Startup 2017

13 Australian start-ups to watch in 2017 Looking at the way Australian companies are moving upwards, you can say that the future is pretty bright for startups specifically. Last month only, Prime Minister Malcolm announced $1.1 Bn innovation package for startup investors, thus empowering the Australian initiatives. With such impactful initiatives, startups will see better growth prospects, and more investors, who will help generate more revenues and increase profitability.

Most investors find investing in startups risky, as the data is not reliable on the funding these startups actually possess or receive, and by what time they will be able to see profitable returns. According to a results of a study conducted on 21000 funded companies, 64% of the companies were unable to return the capital invested in them. The remaining companies delivered returns ranging between 5 and 100 times of the capital invested.

Of the companies studied, here are 13 startups that you need to look out for.

They seem promising and have the perfect idea combined with a reliable execution strategy.

Web Development Australia & App Development Australia for Startup?

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Persollo With this platform, small merchants need not invest in an eCommerce site. You can easily convert your social engagement into actual sales, and get more customers on board. The plan for this startup was laid out six months back. It was just a business idea at that point. Within a span of six months, this has converted into a slick product, with hundreds of business customers on-board. In fact, the startup has also started processing transactions. The excellent team, and dedication towards achieving the result within a timeline has led to its quick growth. The startup has been selected for Telstra’s muru-D accelerator recently.

TRooTech Business Solution Australia Address: 07 Westburry Street, Balaclava, St. Kilda, Victoria, Melbourne 3182

Australian Startup 2017

Simpla A content management platform, Simpla allows non-technical website owners to edit their web designs, add text, image or other content, without any coding. The in-built tools take care of the coding, and allow you to edit, modify and upload changes within a single browser. The web page design and development is a complex area, one that business owners cannot understand. But, getting a designer on board for small modifications or changes can become quite expensive. With this tool, you can easily edit and make small modifications without calling in the designer

Drive Yello With a rise in the number of people calling for home-delivery of food, the restaurants have to outsource their delivery capabilities. Drive Yello offers delivery services to restaurants and fast foods listed on it. An on-demand service like Uber, is definitely growing big, with an able team and a founder who has looked into an exit strategy as well.

Coinjar This is a bitcoin exchange startup that initiated in Australia and has expanded to Britain. The startup has brilliantly combined local banking services with bitcoin, which includes local bank account and EFTPOS card provider locally to enhance banking experience. The company has managed to raise sufficient funding since its inception

Invoice2go This is a startup that has developed invoicing app for the mobile businesses and traders. It was established almost a decade ago, and so won’t be exactly a startup in its true sense. It is only two years back that they managed to get the product-market fit right, and raised over $50 Mn in venture capital funding, and has become one of the most promising companies.

TRooTech Business Solution Australia Address: 07 Westburry Street, Balaclava, St. Kilda, Victoria, Melbourne 3182

Australian Startup 2017

Bugcrowd BugCrowd as the name suggests is a crowdsourced security testing solution for business owners, application developers and corporations. It addresses real problems of companies related to cost of security breaches and the transactional losses that occur owing to these breaches. As no single person can handle this complex problem, they have created a community of 22000 security consultants, who can provide testing services to the developers, thus offering a quick launch

Envato Envato is a marketplace for web designs, wordpress themes, plugins and various other digital assets that can be used by enterprises. This is indeed an innovative and creative marketplace idea, and has bootstrapped to $50 Mn yearly revenue. Today, this startup has about 5.5 Mn customers and developers

Go1 This is an online trading platform specifically created for businesses, and has managed to generate revenue in its early years itself. This startup has been accepted in the Y combinator, which is definitely a major achievement for the startups

Cohort Solutions This is a comprehensive service startup aimed at students who are planning to attend the Australian universities. It offers them all the facilities that include health insurance, telecommunications and other foreign exchange services, which ensure the students are well-equipped.

The company has managed to on-board close to 10000 customers, and have handled all banking and logistic issues in a successful manner.

Pocketbook This personal finance app collaborates your banking, budgeting and credit cards to automate transaction and calculate monthly expenses. This TRooTech Business Solution Australia Address: 07 Westburry Street, Balaclava, St. Kilda, Victoria, Melbourne 3182

Australian Startup 2017 finance management app is pretty slick and user friendly, making it a popular app for those facing difficulties with managing their finances

Lawpath This is an online legal service that offers standardized legal documents and allows access to lawyers for more customized solutions. It was a successful model in the US, and has been implemented in Australia

Basketball Forever This is one of the largest basketball communities online with over 850000 Facebook followers and 20 Mn views in a single month. The startup is currently small scale, and is looking at ways to monetize the community that they have established. It seems quite promising

HerFashionBox This is a monthly fashion box subscription service that has achieved traction of about 30000 boxes to be shipped to the customers. The model is quite successful in Australia

Look out for these 13 different business models, and what they are set to achieve. Each with its unique idea is all set to redefine the startup community in Australia.

Contact sales@trootech.com & +919033266951 for any Industry Startup in Australia?

TRooTech Business Solution Australia Address: 07 Westburry Street, Balaclava, St. Kilda, Victoria, Melbourne 3182

Australian Startup 2017

TRooTech Business Solution Australia Address: 07 Westburry Street, Balaclava, St. Kilda, Victoria, Melbourne 3182