Editor's note: Mass entrepreneurship, mass innovation. It's not just us that's booming, a range of startup initiatives are also taking shape in Australia's tech community. For example, there is techsydney, which aims to make Sydney a top ten technology ecosystem. The Australian government's government-funded innovation program for start-ups and investors, such as startcon, Australia's largest technology conference, will be funded. So, which start-ups in Australia are the most noteworthy? Sydney-based entrepreneur Luck Fitzpatrick listed the 8 Australian startups he sees as the most promising.
1. solarcloud
Generally, when we buy solar energy, we have to install solar panels on the roof. But with solarcloud, you don't have to go to such trouble. They have taken a very innovative approach, which is more cost-effective and easy to manage.
To maximize the generation of electricity, solarcloud installed solar panels in the sunniest parts of Australia. Think of it as multiple small solar power plants, with your solar panels on top of large commercial buildings.
When it comes to selling electricity, you don't have to install solar panels on your roof (if you have one) and then deliver electricity to the grid during the day you work hard at the price of the door cut given by the power company, solarcloud will help you sell it at a better, retail-like price. This brings you better rewards. The coolest thing is that you can effectively exert the benefits of solar panels when you move.
Solarcloud has spent years tuning technology platforms and dealing with legitimacy. To the best of our knowledge, this is the only company in the world that can buy, monitor, and control your solar energy online.
2. wealthnation
The goal of the publicnation that Jason Kaye co-founded with others is simple: to make it easy for people to develop the good habit of saving money, which is a good life-changing habit. Each time you use a credit or debit card, wealthnation rounds up the amount of your purchase and deposits the extra bit of money into a savings account at a partner bank. You can also increase your savings yourself and access the account at any time – no problems and no restrictions.
Wealthnation is not the same as 'robo' advisors in that it doesn't put your deposits into "complex" etf portfolios or into any type of investment product. It's all about saving money: think of it as your digital coinpot if you like it. So you don't have to worry about losing the value of your investment when things are completely out of your control. Just start and watch your deposit grow.
Kaye has 11 years of experience in banking and VC, with former Expensify's CTO (CFO) Tony Zakula. The two have raised $250,000 in seed round funding from savvy investors to use to further develop the nation.
Kaye said: "We started a lifetime to help you get a great life (whatever it means to you, but no money is a no-no- We want globalization to be more than just a digital coinpot. It should be more like your personal friend who can help you save money so that you can do more things that make you happy. For us, it's really that simple. ”
3. capitalpitch
Emlyn Scott, co-founder of OpenMarkets and former CEO of the National Stock Exchange. Jeremy Liddle, President of the Australian G20 Young Entrepreneurs Alliance, United Nations Youth, Employment and Entrepreneurship Representative. The two co-founded this interesting start-up.
Capitalpitch thinks startup financing shouldn't be that hard! According to the startup, 97.3% of startups fail to raise funds. Founders shouldn't be confused and frustrated when trying to raise money, and investors shouldn't waste time and money looking for great startups.
Like many revolutions before, capitalpitch is now leveraging technology and expertise to launch a movement to create a platform to accelerate startup investment. Capitalpitch Ventures is also a new venture capital fund that leads every round of investment. Since their inception in 2015, they have recruited more than 1,900 startup members, and nine have successfully raised more than $13 million.
4. joey crowd
Joey Crowd is the world's first crowdfunding platform for social media. It's a clever way to drive traffic to your marketing campaigns, taking a combination of software and features.
According to Joey Crowd co-founder Nick Boniciolli, "We offer entrepreneurs the opportunity to go beyond their direct networks, manage communities, pre-schedule event posts, and assemble bloggers to promote your project." "Even after the campaign has been successfully funded, creators can continue to jump from the joey crowd to the future store to sell their products."
5.betswaps
betswaps.com is a marketplace for sports and match lovers to exchange opinions on odds in a fully transparent manner. Through the use of innovative technology, betswaps is able to provide a completely transparent end-to-end solution that allows horse fans to connect with each other in a peer-to-peer manner.
Betswaps identifies and ranks the world's top sports gamblers and then allows them to connect through this simple, user-friendly platform. Betswaps is basically an information exchange platform that facilitates transactions between users and also acts as an auditor of historical betting performance.
When a user submits their bet to the platform, betswaps will publicly display the performance of each gambler on the website based on the results and outcomes of each bet. This gives everyone a level of transparency to know which expert advice to follow.
Betswaps appeared on the second season of Shark Tank Australia. They hope to get $200,000 in financing at a valuation of $2 million. Four investors showed interest in the company, and eventually Steve Baxter and Glen Richards struck a deal with them.
6. coder factory
Coder Factory, a coding and technical school in Sydney, launched Australia's first-ever programming bootcamp (and in fact the only one in the world to be recognised) to help address Australia's very shortfall in technical talent. While many start-ups have received funding, according to Tech Sydney, 93 per cent of Australian start-ups say their biggest problem is the problem of technical talent.
The bootcamp offers a 6-month intensive course where participants will learn everything they need to become a full-stack web developer. Even though this model has been done before and is not innovative, due to its self-learning nature and support from heavy industry, the bootcamp's curriculum and talent ensure that more capable developers enter the market to support start-ups.
Dan Siepen, co-founder and product manager, notes that "these technology companies and startups are desperate to recruit or seek skilled talent, only to realize that there aren't as many experienced people out there." The gap in quality and experience between senior developers and college graduates is huge, and what colleges teach graduates is often not what developers need. As a result, companies are now looking at graduate boot camps and even self-taught people, and will continue to train them the way they like to work. Why? They are more agile and have the right attitude towards doing better work. ”
Coder Factory now works with more than 100 companies, institutions and start-ups, including U.S. companies, to help ensure that talent is trained in the latest technology stacks and processes. coder factory is already working with very large global organizations and will expand into the Asian market.
7. upspot.io
UPSPOT is a market that connects IT professionals with the best contract opportunities.
After witnessing the challenges contractors face in finding their next contract, and understanding the costs and effort involved in recruiting the right talent, co-founders Lee Jiang and Ricky Marcon knew that solutions had to be developed to help bridge the gap.
Through upspot, it contractors can build their own profiles, demonstrate their expertise in a quantitative way, interact directly with companies looking for opportunities, and set up a work pipeline that eliminates the need to worry about downtime between contracts.
Upspot also provides companies with a "plug and play" solution that allows companies to avoid the costs, efforts, and risks associated with hiring. How did upspot do this? Through standardized and quantified dossiers, it allows decision makers to quickly identify and recruit the right talent. By managing all the expenses and debt issues associated with hiring, upspot also reduces the risk of the hiring process.
8. ento
Ento aims to make the workplace more efficient and modern. It gives businesses a seamless way to build employee rosters and clock in and out of work, and assign shifts via SMS or email.
According to Entro founder Aurlay Macaulay, "Ento is a one-stop platform for companies to manage employees and daily budgets, saving businesses time by quickly building rosters. ”
Ento has more than 3,000 users, including Channel 9, Newks University and Telstra.