LinkedIn Australia’s news editor, Natalie MacDonald, said that 19 of the 25 businesses are new entrants on the list in 2019, including SME-focused challenger bank Judo Bank, which topped this year’s ranking.
“The annual LinkedIn Top Start-ups list is a reflection of how work is changing, what new industries are emerging and rapidly growing, and where people want to work now,” Ms MacDonald said.
“This year’s list has seen 19 new entrants from a variety of industries — highlighting the competitive make-up of Australia’s fast-paced start-ups scene. These start-ups offer great job opportunities for professionals who are keen to grow their careers fast.”
The ranking looks exclusively at larger start-ups that have “at least 50 employees in the country”.
Other eligibility factors include that its headquarters must be located here, that the business is independent and privately held, that it is no more than seven years old and has a minimum employee growth of 15 per cent over the year.
Many in this year’s list employ fewer than 100 people in Australia.
In a LinkedIn post announcing the results, Ms MacDonald said that four key pillars were examined to compile the results: employee growth, jobseeker interest, member engagement with the business and its employees, as well as “how well these start-ups pulled talent” from LinkedIn’s top companies list.
The aim of the list is to highlight fast-growing companies that are attracting top talent in their respective field.
Fintechs and neobanks dominated the 2019 ranking, which is published in full below.
Among the employee benefits offered by start-ups on the list are:
• Judo Bank’s training program to all employees, which offers the FINSIA program as a minimum level of banking training, while also offering a Master of Finance to employees who wish to further progress their industry knowledge and learning.
• Number 2 ranked Canva’s team and personal coaching program of training workshops.
• Number 8 ranked Viridian Advisory’s staff and client ownership model.
• Number 18 ranked RedEye Apps’ “recharge days”, offering employees a recharge day every six months — independent of their annual and sick leave — aimed at supporting workplace mental health.
• Number 19 ranked GO1’s volunteer leave, which covers half of the annual leave employees take to perform volunteer work.
LinkedIn Australia’s Top Start-ups list 2019:
(Ranking, name, industry, number of employees in Australia only)
1. Judo Bank – banking; 400 employees
2. Canva – computer software: 400 employees
3. Volt Bank – banking; 117 employees
4. Mantel Group – IT services; 228 employees
5. Xinja – financial services; 64 employees
6. Athena Home Loans – financial services; 70 employees
7. Shippit – computer software; 55 employees
8. Viridian Advisory – investment management; 300 employees
9. Assembly Payments – internet payments; 103 employees
10. Sonder – risk management; 68 employees
11. Flare HR – human resources; 56 employees
12. Alex Solutions – computer software; 60 employees
13. Integrity Life – insurance; 78 employees
14. Moula – financial services; 71 employees
15. Verdia – renewables and environment; 54 employees
16. Versent – IT services; 315 employees
17. GetCapital – financial services; 93 employees
18. RedEye Apps – computer software; 71 employees
19. GO1 – e-learning; 100-plus employees
20. Barhead Solutions – IT services; 51 employees
21. Cover Genius – insurance; 60 employees
22. Enable Professional Services – IT services; 90 employees
23. Clinic to Cloud – computer software; 65 employees
24. HiSMile – cosmetics; 60 employees
25. LegalVision – legal services; 114 employees