3 SaaS Startups in Melbourne

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in Melbourne. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 3 VC funded SaaS startups in Melbourne .

Culture Amp

The dilemma that rapidly expanding businesses encounter when their core business develops faster than their employees can adapt led to the founding of Culture Amp as a consequence of the firsthand experiences of its members with this issue. The CultureAmp team has worked in business companies for many years, so they haven't just taken a stroll in your shoes—they've been sprinting in them. They want to grab the chance for a new kind of technology—one that amplifies learning and advances culture rather than impeding it.

Company details:
Founders:
Didier Elzinga, Douglas English, Jon Williams, Rod Hamilton
Founded:
2009
Based in:
Melbourne, Victoria, Australia
Website:
Culture Amp
Industries:
Analytics, Enterprise Software, Human Resources, SaaS
Latest funding:
$100,000,000
Series F
29 July 2021
Total funding:
$257,458,072
Investors
Blackbird Ventures, Sequoia Capital China, Global Founders Capital, Index Ventures, Felicis Ventures

LOKE

We provide brick and mortar stores with complete sales transparency, from the first moment of customer interaction to the point of purchase, using simple solutions that boost revenue, boost customer engagement, and boost employee productivity. With the help of a smartphone app with the brand of the merchant, a web site for the merchant, point-of-sale connections, and a secure infrastructure for transaction processing, our offering unifies mobile payments, order ahead, and loyalty. The platform enables any retailer to emulate the achievements of initiatives such as the Starbucks mobile payment app, utilizing the power and reach of mobile to expand their business, but at a fraction of the price and without the need for years of testing and iteration.

Company details:
Founders:
Matthew Khoury, Nicholas Birrell, Tom Booth
Founded:
2012
Based in:
Melbourne, Victoria, Australia
Website:
LOKE
Industries:
Loyalty Programs, Mobile Payments, SaaS, Social Media Marketing
Latest funding:
$3,926,728
Series A
14 April 2021
Total funding:
$4,763,517
Investors
Guinness Ventures, Nightingale Partners

Operata

Operata is a cloud contact center platform for managing the agent and customer experiences. We all adore cloud contact call centers' versatility and strength. However, the advantages create additional complications. Your Agents are now farther away from your customers than ever thanks to technology. and with various network layers, providers, security, software, OS, and other factors. More dependencies, less visibility, and almost no control are present. How do you know what needs work? Operata was created as a result. It is for managers, IT teams supporting them, and contact center employees. Operata gathers high-quality data from each agent for every second of every call, then uses machine learning to continuously analyze it. Smart diagnostics are then used to dynamically move calls, switch channels, or provide agents with in-the-moment solutions, like checking their network connectivity or headset, along with intelligent visuals, reports, notifications, and the data they need to quickly identify and fix problems. It keeps enhancing the standard of living for both your agents and your clients.

Company details:
Founders:
Andy Scott, John Mitchem, Romilly Blackburn
Founded:
2017
Based in:
Melbourne, Victoria, Australia
Website:
Operata
Industries:
Artificial Intelligence, Computer, Electronics, SaaS, Software
Latest funding:
$1,628,592
Seed
5 August 2021
Total funding:
$1,628,592
Investors
Tidal Ventures, Flying Fox, Black Nova Group

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