Startmate
The Startmate Accelerator unleashes the ambition of Australia and New Zealand’s best founders, and propels them toward their goals.
Startmate at a glance
| Address | Sydney, Australia |
|---|---|
| Programmes | 4 standing programmes |
| Official website | www.startmate.com/accelerator |
Programmes they run
Standing programmes at Startmate, separate from the funding calls above.
Startmate Accelerator
AcceleratorAccelerate the growth of your startup, offering investment, mentorship and a clear pathway to raising capital.
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The Startmate Accelerator is designed to fast-track growth in 12 weeks. It invests AUD $120,000 at a AUD $1.5m post-money valuation for founders who haven’t raised a previous round, and matches the latest valuation for those who have (if they raised at least AUD $250,000 from VC or angel investors). The program is hybrid, with three in-person weeks in Melbourne (Week 0, Week 7, Demo Day) and the remainder remote. It's industry agnostic and supports companies from idea-stage/pre-MVP to more established teams.
Open House
ProgrammeA pre-accelerator community and events series for founders at every stage, focused on gaining traction and exploring new ideas.
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Open House is now a standalone festival of startup ideas, built for founders at every stage of the journey. It runs twice a year, focused on bold new ideas and company-building best practice, featuring ambitious founders and operators. It also offers the opportunity to join the recording of the podcast series Underground, which dives deep into topics like Web3, sextech, the future of media, synbio, and the future of waste.
First Believers
ProgrammeA program for angel investors to learn theory and practice, and get access to ambitious founders.
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Learn the theory and practice of angel investing. Plus, get front-row access to the most ambitious founders in ANZ before anyone else.
Student Founder Bootcamp
ProgrammeA crash course in founding a startup for students.
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Welcome to your crash course in founding a startup.
Incubation tracks
The routes into Startmate, and what each one includes.
| Track | Type | Space | Includes |
|---|---|---|---|
| Startmate AcceleratorA hybrid program spanning 12 weeks, with three in-person weeks (Week 0, Mid-program, Demo Day) and the remainder remote. Participants can join from anywhere in Australia or New Zealand. | Acceleration | — | investment, access to capital raising platform, peer founder collaboration, access to community of founders, operators and investors, fundraising strategy and pitch bulletproofing, mentor access, San Francisco trip (for select few) |
| Open HouseFormerly 'Office Hours' and 'Launch Club', this is now a standalone events series that runs twice a year. It no longer includes a 1:1 mentoring component, but Accelerator applicants receive a 1:1 mentor slot. | Pre-incubation | — | events series, focus on bold new ideas and company-building best practice, features ambitious founders and operators, opportunity to join podcast series recording |
Support services
Help offered alongside funding and space.
About Startmate
Startmate operates as an accelerator and community for founders, operators, and investors in Australia and New Zealand. It primarily supports early-stage startups, including those at idea-stage and pre-MVP, across a diverse range of industries from ed-tech and health-tech to climate-tech and fin-tech. The core offering is the Startmate Accelerator, a 12-week hybrid program that includes investment, access to a network of mentors, and a platform for fundraising, with a strong focus on customer obsession and product building. Beyond the Accelerator, Startmate fosters its community through programs like Open House, a pre-accelerator series focusing on startup ideas and best practices, and initiatives for student founders and angel investors. Startups engage by applying to the Accelerator, which involves a multi-stage application process including interviews with mentors who are personally invested in the Startmate fund.
Who they work with
Tags
Frequently asked questions about Startmate
What does Startmate do?
Startmate operates as an accelerator and community for founders, operators, and investors in Australia and New Zealand. It primarily supports early-stage startups, including those at idea-stage and pre-MVP, across a diverse range of industries from ed-tech and health-tech to climate-tech and fin-tech.
Where is Startmate located?
Startmate is located at Sydney, Australia.
What programs does Startmate run?
Startmate runs Startmate Accelerator, Open House, First Believers and Student Founder Bootcamp.
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Other open programmes matching Startmate's focus areas.
