FundedIQ

Funded Commerce and Shopping Startups in Australia

The 50 most recent funding rounds for Australian commerce and shopping companies span from May 2021 through July 2025, with Melbourne and Sydney together a…

The 50 most recent funding rounds for Australian commerce and shopping companies span from May 2021 through July 2025, with Melbourne and Sydney together accounting for roughly 40 of the entries. Melbourne-based companies include Grown Alchemist ($30M, April 2024), frank body ($11M Series B, August 2022), EQL ($25M, April 2022), and Ultra Violette ($10M, January 2024). Sydney hosts several of the larger institutional rounds: Carma closed $52M at Series A in May 2022, Till Payments raised $46M at Series D in March 2023, and Instant secured $18M at Series A as recently as March 2025.

The single largest transaction in the dataset is DivideBuy's $415M debt financing from September 2021. Round-type diversity is notable — the 50 rows include Pre-Seed through Series D, debt financings, corporate rounds, private equity, grants, and non-equity assistance, reflecting a segment that spans early consumer brands through growth-stage payments and retail infrastructure.

Most recent rounds

50 shown
1
1receipt®
Melbourne, Australia · Commerce and Shopping
Series Unknown · Jul 2025
$50k
F
Flagship
Sydney, Australia · Commerce and Shopping
Seed · Apr 2025
$3.8M
I
Instant
Sydney, Australia · Commerce and Shopping
Series A · Mar 2025
$18M
L
LawPath
Sydney, Australia · Commerce and Shopping
Series Unknown · Feb 2025
$10M
S
Spoony
Melbourne, Australia · Commerce and Shopping
Pre-Seed · Jan 2025
$1.0M
V
VALD
Brisbane, Australia · Commerce and Shopping
Series Unknown · Sep 2024
Undisclosed
N
Neopharma Technologies
Perth, Australia · Commerce and Shopping
Series A · Sep 2024
Undisclosed
D
Directo
Melbourne, Australia · Commerce and Shopping
Series Unknown · Sep 2024
$1.3M
H
humii
Sydney, Australia · Commerce and Shopping
Pre-Seed · May 2024
$300k
L
Linktree
Melbourne, Australia · Commerce and Shopping
Pre-Seed · May 2024
$30M
H
handdii
Melbourne, Australia · Commerce and Shopping
Series Unknown · May 2024
Undisclosed
G
Grown Alchemist
Melbourne, Australia · Commerce and Shopping
Series Unknown · Apr 2024
$30M
U
Ultra Violette
Melbourne, Australia · Commerce and Shopping
Series Unknown · Jan 2024
$9.9M
P
Patricks
Sydney, Australia · Commerce and Shopping
Series Unknown · Dec 2023
Undisclosed
E
Elliephant
Melbourne, Australia · Commerce and Shopping
Pre-Seed · Nov 2023
$370k
S
Sportcor
Gold Coast, Australia · Commerce and Shopping
Seed · Jun 2023
$800k
C
CarCloud
Richmond, Australia · Commerce and Shopping
Series Unknown · Jun 2023
$800k
O
Outback Comms
Mackay, Australia · Commerce and Shopping
Series Unknown · May 2023
$30k
B
BSKT Wholefoods
Gold Coast, Australia · Commerce and Shopping
Series Unknown · May 2023
Undisclosed
M
MadeComfy
Ultimo, Australia · Commerce and Shopping
Series Unknown · May 2023
$10M
S
Solar Juice
Ingleburn, Australia · Commerce and Shopping
Series Unknown · Apr 2023
Undisclosed
T
Till Payments
Sydney, Australia · Commerce and Shopping
Series D · Mar 2023
$46M
D
Diolog
Sydney, Australia · Commerce and Shopping
Series Unknown · Feb 2023
$100k
R
ROLLER
Melbourne, Australia · Commerce and Shopping
Series Unknown · Dec 2022
$12M
E
EarlyBirds
Canberra, Australia · Commerce and Shopping
Series Unknown · Dec 2022
Undisclosed
G
GGWP Academy
Sydney, Australia · Commerce and Shopping
Venture - Series Unknown · Sep 2022
$1.1M
A
AfriCar Group
Sydney, Australia · Commerce and Shopping
Corporate Round · Sep 2022
Undisclosed
P
Perenti
Perth, Australia · Commerce and Shopping
Corporate Round · Aug 2022
$3.7M
F
frank body
Melbourne, Australia · Commerce and Shopping
Series B · Aug 2022
$11M
R
Refundid
Sydney, Australia · Commerce and Shopping
Seed · Jul 2022
$12M
O
Okendo
Sydney, Australia · Commerce and Shopping
Series A · Jul 2022
$26M
W
Willed
Melbourne, Australia · Commerce and Shopping
Series A · Jun 2022
$4.2M
H
HUBBED
Balmain, Australia · Commerce and Shopping
Private Equity · Jun 2022
$8.5M
C
Carma
Sydney, Australia · Commerce and Shopping
Series A · May 2022
$52M
L
Layer
Brisbane, Australia · Commerce and Shopping
Seed · May 2022
$2.7M
W
Warrp
Melbourne, Australia · Commerce and Shopping
Seed · May 2022
Undisclosed
S
Stake
Sydney, Australia · Commerce and Shopping
Series A · Apr 2022
$36M
E
EQL
Melbourne, Australia · Commerce and Shopping
Venture - Series Unknown · Apr 2022
$25M
G
Gathar
Cairns, Australia · Commerce and Shopping
Seed · Mar 2022
$1.0M
G
Get Duck
Melbourne, Australia · Commerce and Shopping
Non-equity Assistance · Mar 2022
$100k
M
Mercari
Sydney, Australia · Commerce and Shopping
Series A · Mar 2022
$100k
K
Kepler Analytics
Fitzroy, Australia · Commerce and Shopping
Series B · Feb 2022
$16M
Y
YouPay
Springwood, Australia · Commerce and Shopping
Seed · Dec 2021
$2.9M
P
Preezie
Melbourne, Australia · Commerce and Shopping
Series A · Nov 2021
$4.0M
S
Syncio
Melbourne, Australia · Commerce and Shopping
Debt Financing · Nov 2021
Undisclosed
K
Koverd
Sydney, Australia · Commerce and Shopping
Grant · Oct 2021
$100k
D
DivideBuy
Staffordshire Reef, Australia · Commerce and Shopping
Debt Financing · Sep 2021
$415M
S
Sydney Blockchain Centre
Sydney, Australia · Commerce and Shopping
· Jun 2021
$100k
A
Amber Electric
Melbourne, Australia · Commerce and Shopping
· May 2021
$20M
I
Instarent
Sydney, Australia · Commerce and Shopping
· May 2021
$200k

Related listings

Frequently asked

What are the largest disclosed rounds among these 50 Australian commerce and shopping companies?

DivideBuy leads with a $415M debt financing closed in September 2021, well ahead of the next tier. Carma raised $52M at Series A in May 2022, Till Payments closed a $46M Series D in March 2023, and Stake pulled in $36M at Series A in April 2022. Linktree ($30M, May 2024) and Grown Alchemist ($30M, April 2024) round out the top six disclosed amounts in the dataset.

Which cities are most active for funded commerce startups in Australia?

Melbourne (Victoria) and Sydney (New South Wales) dominate. Melbourne accounts for roughly 20 of the 50 companies, including frank body, ROLLER, EQL, Grown Alchemist, and Ultra Violette. Sydney hosts approximately 19, among them Carma, Till Payments, Okendo, Refundid, and Instant. Queensland contributes several — VALD in Brisbane, Sportcor and BSKT Wholefoods on the Gold Coast, and Gathar in Cairns.

Which companies in this dataset raised in 2025?

Five rounds are dated 2025: Spoony (Pre-Seed, $1M, January), LawPath ($10M, February), Instant (Series A, $18M, March), Flagship (Seed, $4M, April), and 1receipt ($50K, July). Instant's March 2025 Series A is the largest of the five.

How do early-stage rounds compare to growth-stage rounds in this segment?

Pre-Seed and Seed rounds appear frequently but at modest sizes — humii raised $300K, Elliephant $370K, Sportcor $800K, and Gathar $1M. Series A rounds skew larger: Carma ($52M), Stake ($36M), and Okendo ($26M) all closed above $25M. Only one Series D (Till Payments, $46M) and two Series B rounds (Kepler Analytics, $16M; frank body, $11M) appear in the 50 rows.

Are there funded commerce startups outside the Sydney–Melbourne corridor?

Yes. Queensland has six entries including Layer ($3M Seed, Brisbane, May 2022), VALD (Brisbane, September 2024), and Sportcor ($800K Seed, Gold Coast, June 2023). Perth is represented by Neopharma Technologies (Series A, September 2024) and Perenti (Corporate Round, $4M, August 2022). EarlyBirds is based in Canberra.

What types of commerce businesses are attracting funding in this dataset?

The segment is broad. Consumer product brands include Grown Alchemist, frank body, and Ultra Violette. Payments and checkout infrastructure covers Till Payments, Refundid, YouPay, and Carma. Retail analytics and insight tools include Kepler Analytics and humii. Platform and marketplace plays include Okendo (reviews infrastructure, $26M Series A), ROLLER (venue management, $12M), and Linktree ($30M, May 2024).

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