When was Vicinity founded?

Vicinity was founded in 1985 and raised its 1st funding round 35 years after it was founded.

Where is Vicinity located?

Vicinity is headquartered in Melbourne, Australia.

How many employees does Vicinity have?

As of Sep 30, 2026, the latest employee count at Vicinity is 1299.

Is Vicinity a funded company?

Vicinity is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Jun 02, 2020.

When was the latest funding round of Vicinity?

Vicinity's latest funding was a $***** Post IPO round on Jun 02, 2020, with participation from 0 investor.

Where does Vicinity rank among its competitors?

Vicinity ranks 358th amongst 19452 active competitors, of which 235 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SILA, which secured $100M in Apr, 2026.

Who are the top competitors of Vicinity?

Vicinity's top competitors include Emaar, Wanda Group and Godrej Properties. Among them, SILA secured the most recent funding round in April, 2026.

Vicinity - 2026 Company Profile, Funding & Competitors

Vicinity is a public company based in Melbourne (Australia), founded in 1985. It operates as a Property development& property management service provider. Vicinity has raised an undisclosed amount in funding. The company has 19452 active competitors, including 235 funded and 1490 that have exited. Its top competitors include companies like Emaar, Wanda Group and Godrej Properties.

Company Details

Vicinity is a property development& property management service, provider. They provide services such as retail property ownership and management. In 2017, the company has recorded the net income of $755.9M.

Website: www.vicinity.com.au/
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Key Metrics

Founded Year

1985

Location

Melbourne, Australia

Stage

Public

Latest Funding Round

Post IPO, Jun 02, 2020, $*****

Investors

Gandel Invest

Ranked

358^th among 19452 active competitors

Employee Count

1,299 as on Sep 30, 2026

Investment & Acquisitions

DFO Brisbane

Similar Companies

Emaar & 20018 more

Exit Details

Public

View Vicinity's full profile

Vicinity got listed on Dec 05, 2011.

Click here to take a look at Vicinity's IPO in detail

Vicinity has raised funding over 1 round. Vicinity has 1 institutional investor.

Here is the list of recent funding rounds of Vicinity:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 02, 2020	7926937	Post IPO	6901316	1136797	2455533	3783525

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Vicinity's employee count trend

Vicinity has 1,299 employees as of Sep 26. Here is Vicinity's employee count trend over the years:

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Top competitors of Vicinity include Emaar, Wanda Group and Godrej Properties. Here is the list of Top 10 competitors of Vicinity, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Emaar 1997, Dubai (United Arab Emirates), Public	Provider of real estate development properties	$98M	Mashreq Bank, Taaleri & 13 others	82/100
2nd	Wanda Group 1988, Beijing (China), Late Stage	Provider of commercial hotels, resorts, and apartments management & development services	$7B	PAG, tencent-holdings.com & 6 others	72/100
3rd	Godrej Properties 1990, Mumbai (India), Public	Developer of residential and commercial real estate projects	-	SBI Pension Funds, GIC & 9 others	69/100
4th	Vingroup 1993, Hanoi (Vietnam), Public	Provider of real estate development and management services	-	IMM Investment, Korea Investment Private Equity ... & 4 others	69/100
5th	Max Estates 2016, Noida (India), Public	Provider of residential & commercial development services	-	-	67/100
6th	Lendlease 1958, Melbourne (Australia), Public	Provider of sustainable project development services	-	Gresham, AUI & 2 others	66/100
7th	DLF India 1946, Gurugram (India), Public	Provider of property and real estate development services	-	HDFC Mutual Fund, Goldman Sachs & 12 others	66/100
8th	M3M India 2010, Gurugram (India), Series D	Provider of real estate and commercial project development services	$538M	Piramal Group, PAG & 9 others	65/100
9th	SILA 2010, Mumbai (India), Series B	Provider of facility management, material handling, food catering, real estate advisory, and development services	$146M	Norwest, Norwest Venture Partners & 28 others	64/100
10th	SOBHA 1995, Bengaluru (India), Public	Developer of residential and commercial properties	-	WestBridge Capital, India Capital Growth & 1 others	63/100
358th	Vicinity 1985, Melbourne (Australia), Public	Property development& property management service provider	-	Gandel Invest	48/100