Startmate Summer ’27 Accelerator

Get $120k and ANZ's best mentors behind your startup

For 14 weeks, we help Australia and New Zealand's most ambitious founders move faster, build something people want, and raise their next round.

Apply nowApplications close November 1
Program dates
Feb 1 – May 7, 2027
14 weeks tailored to your stage
Investment
$120k AUD
at a $1.5m post-money valuation
Format
Remote-first
3 weeks IRL + weekly co-working
Applications close
November 1, 2026
11:59pm AEDT
The Startmate Accelerator cohort

Companies that went through the Accelerator

Bugcrowd
Startmate cohort:Sydney ’13
US$102M growth round
to scale its crowdsourced security platform, taking total funding past US$180M.
Morse Micro
Startmate cohort:Sydney ’17
A$88M Series C
to scale its long-range Wi-Fi HaLow chips, taking total funding past A$290M.
HappyCo
Startmate cohort:Sydney ’12
US$52M Series B
led by Camber Creek, then backed by Lone View Capital in 2026 to grow its AI property operations platform.
Andromeda
Startmate cohort:Winter ’22
A$23M Series A
at an A$100M valuation, to take its companion robot Abi into US aged care.
Uluu
Startmate cohort:Summer ’21
A$16M Series A
to build a demonstration plant turning seaweed into a plastic alternative.
Mindset Health
Startmate cohort:Melbourne ’18
A$17.8M Series A
at an A$77M valuation, to help people manage chronic conditions.
Lyrebird Health
Startmate cohort:Winter ’23
A$12M Series A
at an A$50M valuation, up from the $1.5M valuation Startmate first invested at.
Fluency
Startmate cohort:Summer ’25
US$6M Seed
led by Accel, Atlassian's first investor, at a valuation of around $30M.
Superstat
Startmate cohort:Summer ’26
A$3.5M Seed
led by Blackbird, to bring pro-grade game analysis to amateur sport.
Forward
Startmate cohort:Winter ’26
Y Combinator F26
and backed by Airtree, to connect debt advisors with private credit funds.
Alloovium
Startmate cohort:Summer ’26
Y Combinator S26
with US$500k from YC, to automate compliance paperwork for construction.
Propeller
Startmate cohort:2015
US$15.35M round
led by Blackbird and Costanoa, to digitise construction worksites.

Who gets in

67% had no revenue when they applied.

We're industry agnostic and the program is built around your stage rather than a fixed curriculum. One founder needs to be full-time, and solo founders are just as welcome as teams. Since 2021, 40% of the companies have had one or more women co-founders.

Apply now
An idea, nothing built
Every cohort has had at least one idea-stage, pre-MVP company. Fourteen weeks of customer conversations is how you find out whether the idea survives contact with the market.
A prototype, no customers yet
Week 0 sets the goals. From there the program points everything at getting the product in front of people who'll tell you the truth about it.
Early revenue
The work shifts to what's genuinely pulling, what to stop doing, and the narrative that raises the next round.
You've already raised
We match the terms and valuation of your previous round if you've raised $250k AUD or more from VCs or angels. The focus moves to scaling, go-to-market and fundraising.

The investment

$120k at acceptance.

If you haven't raised before
$120,000 AUD at a $1.5m post-money valuation – 8% of the company.
If you've already raised
We match the terms and valuation of your previous round. You need to have raised $250,000 AUD or more from VC or angel investors, finalised with executed documents before interviews.
Instrument
You choose whether we invest via a SAFE or into your priced equity round.

The mentors who sit in your sessions invest their own money in the fund that invests in you.

Read the full investment terms
300+
companies invested in by Startmate, worth a combined $4.5+ billion
50%
of companies raise capital post-Accelerator
A$1.8M
median round size for companies that raised equity post-Accelerator in the past two years

The 14 weeks

Build alongside your cohort.

The whole cohort comes together in person for Week 0 in Melbourne, the mid-program IRL week and Demo Day week. The rest of the program is remote-first, and our Melbourne and Sydney offices are open to co-work from any week you like.

Apply now
Week 0
Setting the stage
Come together in Melbourne to meet the cohort and the mentors, set ambitious goals, find your blind spots and agree what the fourteen weeks is for.
Weeks 1–11
Customer obsession
Everything points at customers and growth. Some of the most pivotal conversations of your company's life happen in this stretch.
Week 6
IRL week
Back in the room with the mentors to reset strategy, sharpen the narrative and get ready to fundraise.
Weeks 12–13
Demo Day
Get investment-ready, then show your progress to an audience of 1,000+ investors, operators and founders.
Finale
San Francisco
A select few of the cohort fly to San Francisco for fireside chats, 1:1s and pitch deck teardowns with top US VCs, then pitch again at Demo Day in SF.

Why Startmate

Value beyond a cheque.

Plenty of investors can write a $120k cheque. Startmate is building the world founders need to thrive.

A cohort who get it
Being a founder can be incredibly lonely. For fourteen weeks you build alongside some of the most ambitious founders of this generation, facing the same problems at the same time – plus alumni who were in your shoes a few years ago.
Mentors with their own money in the fund
The mentors in your sessions are personally invested in the fund that invests in you. You get dedicated partner mentors with depth in your area, plus an advisor pool across ANZ.
Demo Day for 1,000+ investors and operators
An audience of investors, operators, founders and media. Commitments and connections come out of that week.
First pick of ANZ operator talent
5,000+ founders, operators and investors, with first access to talent through the fellowships and a warm intro to any VC, angel or mentor you need.
Fundraising support past the fourteen weeks
Think of us as your fundraising co-pilot. We help bulletproof your pitch, build a fundraising strategy and get you in front of the right investors, including in the US.
Champions for life
Having someone see something in you that no one else does changes what you think you're capable of. We'll push you hard, and we'll be in your corner long after Demo Day.

Investors backing our alumni

AccelY CombinatorBlackbirdSquare PegAirtreeMain SequenceFolklore VenturesOIF VenturesArtesian

Startmate mentors

Your first believers, forever.

Dedicated partner mentors with deep expertise in your area, plus direct access to operators and leaders across ANZ – people who back you long after the program ends.

Adam Milgrom
Adam Milgrom
Partner @ Giant Leap
Christina Hobbs
Christina Hobbs
General Manager @ Future Super & Founder @ Verve Super
Bill Kerr
Bill Kerr
Founder & CEO @ Athyna
Kristin Perchal
Kristin Perchal
Product Director @ Atlassian
Kate Andrews
Kate Andrews
CTO @ CipherStash
Alex Bertram
Alex Bertram
General Manager Americas @ Greenroom Robotics
Gemma Clancy
Gemma Clancy
Co-Founder & Head of Marketing @ Stella Startups
Anthony Drury
Anthony Drury
Partner @ Accelerate Growth
Kendra Vant
Kendra Vant
Founder and Director @ Europa Labs
Karla Belista
Karla Belista
Director of Product @ GumGum
Nikhil Singh
Nikhil Singh
Co-Founder @ Deciphr.AI
Catherine Keating
Catherine Keating
Advisor @ Eucalyptus, Moregooddays & Ovum AI
Tania Clarke
Tania Clarke
Fractional Product Marketer
David Kenney
David Kenney
Founder @ Prop Data IQ & Advisor @ Epic Execution
Talia Wachtel
Talia Wachtel
COO @ Programa

In their words

Hear from the founders.

9.2/10 from 250+ alumni reviews

“We've done Startmate twice now. Startmate turns you into someone who can run a company. Having someone forcing us to talk to 100 customers per week... you won't have that pressure anywhere else.”

Rory San Miguel
Co-founder & CEO @ Propeller

“The Accelerator is a really competitive program and a lot is asked from you during this program, but knowing that will allow you to make the most out of the opportunity, whether that means investment, mentors, or connections.”

Steph Skevington
Co-founder @ Butter

“I remember thinking most of the mentors were nuts. They were pushing us to take a product to market before we had even designed it. They pushed us so hard to get out there and sell to customers. That was the best advice that I was ever given: sell before you're ready to sell.”

Neil Mans
Co-founder & CTO @ ZeroJet

“We were fortunate enough to be accepted into the Startmate Accelerator and went through a pretty intense 12 weeks which was, honestly, life changing.”

Jarman Stephens
Co-founder @ gridmo

“The top Accelerator in Australia. Unmatched access to mentors who've been there and done that, who can help you through the highs and inevitable lows of building a startup.”

Laurie Nicol
Founder @ Tendl

“Startmate helps you focus on what matters most and puts you in the best position as a founder to build the foundations of a category defining company.”

Courtney Holm
Founder @ Circular Sourcing

“A wild ride. You'll be challenged on so many levels, but you'll be a changed founder by the end of it and much better off for having been part of it.”

Lisa Lie
Founder @ Learna

Applying

What the application asks for.

Written responses and a 90-second video. Budget 60 to 90 minutes. Offers go out mid-December.

Read the application guide
01
Apply online
Written responses and a 90-second video, covering the problem, your solution and what makes it different, the team, whatever traction you have, and the vision. 60 to 90 minutes.
02
Five selectors read it
Every application is reviewed independently by at least five selectors from across the Startmate community.
03
Interview
A one-hour remote interview with three or four mentors, including someone from the Startmate team, going deep on product, vision and anything still open.
04
Offer
Offers go out in mid-December, ahead of the program starting 1 February.

Our last intake drew 900+ applications. Nobody expects a perfect application – what stands out is a spike. One extraordinary strength in the team, early momentum, an invention or the vision is enough. Make your strongest differentiator impossible to miss.

Apply nowJoin our AMA →

Before you apply

A few things to know.

Am I too early?
No. 67% of the companies we back had no revenue when they applied, and every cohort has had at least one company that was idea-stage and pre-MVP. What matters is clarity and how you engage with customers.
What if I've already raised?
You're still a fit. We've invested in startups with angel, pre-seed and seed funding. The focus on customer feedback and market validation is just as relevant to a company that's looking to scale.
How do you match valuations?
Two conditions need to be met. 1. You need to have raised at least $250,000 AUD from VC or angel investors, not from friends or family. 2. The investment needs to be completely finalised, with executed documents, before you're invited to interviews. We'll ask for those documents – a SAFE, subscription agreement or term sheet – as part of the selection process.
Do I need to relocate?
No. The program is remote-first. Founders join from all over Australia and New Zealand, and from further afield too, as long as they have a strong connection to ANZ. The whole cohort meets in person for Week 0 in Melbourne, the mid-program IRL week and Demo Day week, and our Melbourne and Sydney offices are open to co-work from any week you like.
I'm based overseas – can I apply?
If you have a strong connection to Australia or New Zealand, we'd love to hear from you. Sessions run on Australian time, and you'll need to be in person for Week 0 in Melbourne, the mid-program IRL week and Demo Day week.
Does a founder need to be full-time?
Yes. At least one founder must already be full-time or go full-time for the program. We invest $120k so you can focus 100% on your company.
Can I apply as a solo founder?
Yes. We love solo founders just as much as teams. What matters is showing us why you're the person to build this company.
What industries do you invest in?
We're industry agnostic. The portfolio spans ed-tech, health-tech, prop-tech, climate-tech, space-tech, fin-tech and legal-tech, among others.
When exactly do applications close?
11:59pm AEDT on Sunday 1 November 2026. Offers go out in mid-December, and the program starts on Monday 1 February 2027.
Does it cost anything to take part?
No. There are no program fees – we invest in you, not the other way around.
How much time does the program take?
Expect three to four hours of structured programming a week – sessions, workshops and mentor time – plus whatever you put into your own goals. The rest is self-driven, so you keep building while you're in the program.
Can I apply again if I don't get in?
Yes. Reapplying is the perfect chance to show us how far you've come in the 6–12 months since your last application.

Summer ’27 cohort

Applications close November 1.

14 weeks, Feb 1 to May 7, 2027. Remote-first, with three weeks together in person and our Melbourne and Sydney offices open to co-work from. $120k invested at acceptance.

Apply now

Written application plus a 90-second video · 60 to 90 minutes · Offers mid-December

Applications close November 1
Apply now