About Melbourne Accelerator Program
Melbourne Accelerator Program, an accelerator and incubator program founded in 2012, is based in Melbourne, Australia. With a presence in 5 countries, it has supported around 83 startups in sectors like Enterprise Applications, High Tech. As of Oct 2026, Melbourne Accelerator Program has witnessed 9 portfolio exits. Most notable companies in
its portfolio include Carbar, Relectrify and Strong Room. The program is backed by a team of 15 people who primarily support Grant (prize money) startups based in Australia. Its latest investment was a $20K Grant (prize money) round in Envision Systems on May 18, 2020.
Key Metrics
Founded Year
2012
Location
Melbourne, Australia
Portfolio Companies
Sectors of Investment
Stages of Investment
Grant (prize money) & Seed
Locations of Investment
Melbourne Accelerator Program's List of Top Investments
Melbourne Accelerator Program has a portfolio of 83 companies. Their most notable investmentis in MobilkamuTheir portfolio spans across Australia, United States, France and 2 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 28 other sectors, across stages such as Grant (prize money), Seed stages. Here is the list of top investments by Melbourne Accelerator Program:
1. Carbar
Online car subscription platform. The company offers a range of services ranging from sales & purchase of second-hand cars & concierge services to car subscriptions to buy a car, buyers can choose a preferred car from the online catalog, book a trial, and make a purchase. To sell a car, sellers can receive an online quote by specifying the vehicle, scheduling a physical inspection, and selling their car directly to the dealership or list on the platform for sale. The company also offers concierge services for a new purchase.
Key facts about Carbar
- Founded Year: 2016
- Location: Nunawading (Australia)
- Stage: Acquired
- Total Funding till date: $33.1M
- Employee Count: 49 as on Aug 31, 2026
- Investors: Seven West Media, IAG and 4 Others
- Latest Funding Round: Series B, Feb 15, 2022, $*****
- Highlight: Acquired
2. Relectrify
Battery management system for reusing batteries. It has developed a battery management technology that is specifically tailed towards the reuse of batteries. By combining used but capable battery cells with their technology they create battery packs that are uniquely affordable and sustainable. These battery packs are for households and businesses to store solar energy.
Key facts about Relectrify
- Founded Year: 2015
- Location: Melbourne (Australia)
- Stage: Seed
- Total Funding till date: $1.17M
- Employee Count: 58 as on Sep 30, 2026
- Investors: Energy Innovation Capital, Toyota Ventures and 14 Others
- Latest Funding Round: Grant (prize money), Oct 22, 2025, $*****
3. Strong Room
Strong Room is the platform offering AI-based 3D facial mapping technology for biometrics and correlating them with symptoms and diseases. The AI engine measures the facial biomarker attributes for clinical trials. The platform also offers remote patient monitoring and attributes testing for coughs and walking gaits.
Key facts about Strong Room
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4. Omny Studio
Omny Studio provides cloud-based audience engagement solution provider for podcasters and radio stations. It offers a cloud-based on-demand audio management solution that helps podcasters to publish their content for the targeted audience, reduce production costs, and monetize their podcasts.
Key facts about Omny Studio
- Founded Year: 2012
- Location: Melbourne (Australia)
- Stage: Acquired
- Total Funding till date: $450K
- Employee Count: 9 as on Jul 01, 2024
- Investors: Singtel Innov8, Optus Innov8 and 2 Others
- Latest Funding Round: Seed, 2013, $*****
- Highlight: Acquired
5. PHORIA
PHORIA is a Melbourne-based immersive company that provides holographic, augmented, virtual, and mixed reality based development services to enterprises. Some of the solutions developed include Scann3D- an application compatible with Android and iOS devices that leverages patent-pending photogrammetry technology to capture and reconstruct 3D models, CAPTUR3D- a marketing tool that creates and distributes 3D content automatically, and PLANN3D- a tool to visualize 3D virtual tours in web browsers. Its clientele includes ANZ, the City of Melbourne, Google, Jellis Craig, REA Group, TELSTRA, among others.
Key facts about PHORIA
- Founded Year: 2014
- Location: Melbourne (Australia)
- Stage: Funding Raised
- Employee Count: 46 as on Aug 31, 2026
- Investors: CP Ventures, Melbourne Accelerator Program and 1 Other
- Latest Funding Round: Grant (prize money), 2014, $*****
Melbourne Accelerator Program's Year-on-Year Investment Trends
Melbourne Accelerator Program has invested in 83 companies over the last 14 years, with an average of 3 new investments annually in the last 10 years. Its most recent first time investment was in Envision Systems and most recent follow-on round was in Scriibi.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 2 | 0 | 2 |
2019 | 11 | 0 | 11 |
2018 | 9 | 0 | 9 |
2017 | 8 | 0 | 8 |
Melbourne Accelerator Program's Investments by Stage
Melbourne Accelerator Program has made 48 investments in Grant (prize money) stage with an average round size of $20K and 5 investments in Seed stage with an average round size of $18.6K.Stage of entry | No. of Investments |
|---|---|
Grant (prize money) | 48 |
Seed | 5 |
Note: We have considered here, only first round of investments
Melbourne Accelerator Program's Investments by Sector
Melbourne Accelerator Program has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, HealthTech and Auto Tech. Notably, it has invested in 63 Tech companies, 41 Enterprise (B2B) companies, 35 Software companies and at least 28 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 14 |
Consumer | 13 |
High Tech | 12 |
HealthTech | 6 |
Auto Tech | 5 |
Others | 60 |
Note: We have considered here, only first round of investments
Melbourne Accelerator Program's Investments by Geography
Melbourne Accelerator Program has made most investments in Australia (47), followed by United States where it has made 3 investments.Country | No. of Investments |
|---|---|
Australia | 47 |
United States | 3 |
France | 1 |
Indonesia | 1 |
Note: We have considered here, only first round of investments
Melbourne Accelerator Program's recent investments
Melbourne Accelerator Program has not made any investment in 2026 so far.Here are the most recent investments by Melbourne Accelerator Program:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 18, 2020 | Australia | Grant (prize money) | 3416 | - | |
May 18, 2020 | Australia | Grant (prize money) | 7444 | - | |
2019 | Australia | Grant (prize money) | 7755 | - | |
2019 | Australia | Grant (prize money) | 4617 | - | |
2019 | Australia | Grant (prize money) | 2520 | - |
IPOs and Publicly Listed companies in Melbourne Accelerator Program's Portfolio
2 of Melbourne Accelerator Program's portfolio companies have become public. Acusensus got listed on the Australian Securities Exchange (ASX), in Jan 2023 at marketcap of $70M.Here are Melbourne Accelerator Program's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 12, 2023 | May 22, 2018 | Grant (prize money) | 6454 | |
- | 2013 | Grant (prize money) | 7803 |
Acquired companies in Melbourne Accelerator Program's Portfolio
7 companies from Melbourne Accelerator Program's portfolio have been acquired. The most recent acquisition was CNSDose in Feb 2023 by Incite Health for $*****.Here are Melbourne Accelerator Program's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 15, 2023 | May 24, 2016 | Seed | 6507 | |
Dec 22, 2022 | 2014 | Grant (prize money) | 6002 | |
Aug 19, 2021 | May 24, 2016 | Seed | 9707 | |
Jul 16, 2019 | - | - | 7526 | |
Jun 12, 2019 | 2012 | Grant (prize money) | 5466 |
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Team profile of Melbourne Accelerator Program
Melbourne Accelerator Program has a team of 15 members including 1 Partner and 12 Venture Partners located in Australia. Melbourne Accelerator Program's team does not sit on the board of any company as of now.Here is a list of top team members in Melbourne Accelerator Program:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Melbourne | - | - | |
Venture Partner | - | - | - | |
Venture Partner | Melbourne | - | ||
Venture Partner | Melbourne | - | - | |
Venture Partner | Melbourne | - | - | |
Venture Partner | Melbourne | - | - | |
Venture Partner | - | - | - | |
Venture Partner | Melbourne | - | - | |
Venture Partner | Sydney | - | - | |
Venture Partner | Melbourne | - | - | |
Venture Partner | Melbourne | - | - |
Co-investors of Melbourne Accelerator Program
Over the past 14 years, 33 investors have co-invested in Melbourne Accelerator Program's portfolio companies. This includes funds and angels.
- Invested before Melbourne Accelerator Program: RMIT University School of Business and Law, INCUBATE and 2 others have invested in rounds before Melbourne Accelerator Program. There is 1 company where RMIT University School of Business and Law has invested before Melbourne Accelerator Program and 1 company where INCUBATE has invested before Melbourne Accelerator Program.
- Invested after Melbourne Accelerator Program: A total of 29 investors have invested in Melbourne Accelerator Program's portfolio after their investments. Top Investors include Blackbird Ventures (3 companies) and Startmate (2 companies).
Recent News related to Melbourne Accelerator Program
•
Melbourne Accelerator Program announces intake for 2016 program - Startup DailyStartup Daily•May 24, 2016•Honee, Melbourne Accelerator Program, CNSDose
•
Parkhound $20,000 richer after being accepted into Melbourne Accelerator Programups from StartupSmart•Jun 10, 2015•Parkhound, Melbourne Accelerator Program
•
Promising startups bound for glory with the Melbourne Accelerator Program - The Melbourne EngineerUniMelb•May 18, 2015•Parkhound, Melbourne Accelerator Program, Mobilkamu
