About HR SaaS sector in Melbourne, Australia
The HR SaaS sector in Melbourne, Australia comprises 173 companies, including 26 funded companies having collectively raised $101M in venture capital money and private equity. Out of these, 16 are Series A+ funded.
HR SaaS sector in Melbourne, Australia has seen 10 acquisitions and 2 IPOs. This represents almost 6.9% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies offering cloud-based solutions for HR professionals to manage their employees and day to day work.
Cloud-based HRMS, Payroll, Employee Engagement, Job Boards, Marketplaces, Performance Management Tools, other HR-related software Non-Cloud-based HR Solutions, Generic Cloud Infra Solution, Services Companies
Top HR SaaS Companies in Melbourne, Australia
There are 173 HR SaaS startups in Melbourne, Australia which include Sapia.ai, PageUp, Looop, Ento, 2cloudnine. Out of these, 26 startups are funded, with 16 having secured Series A+ funding.
Over the past 10 years, an average of 8 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Delhi.
Here is the list of top HR SaaS startups in Melbourne, Australia

1. Sapia.ai
Cloud-based platform for applicant tracking system suite solutions. It offers tools for candidate shortlisting, job posting, video interviewing, automated workflow, etc. The platform uses AI technology for chatting with candidates during interviews. It can be integrated with snaphire, workday, sap, page up, etc.
Key facts about Sapia.ai
- Founded Year: 2018
- Location: Melbourne (Australia)
- Stage: Series A
- Total Funding till date: $24M
- Investors: Macquarie Group, Saniel Ventures and 30 Others
- Latest Funding Round: Series A, Nov 22, 2022, $*****
- Tracxn Score: 59/100 What is this?
- Competitors Rank: 1 of 56 Competitors
2. PageUp
Pageup is a integrated talent management technology. Solutions include Unified Talent Management to Recruit, engage, develop and retain the right people with a single platform. Recruitment & Onboarding to Attract, identify and select critical talent, Learning Management Solution, Performance Management, Career Tracking and more.
Key facts about PageUp
- Founded Year: 1997
- Location: Melbourne (Australia)
- Stage: Acquired
- Total Funding till date: $10M
- Investors: Accel-KKR, Battery Ventures and 1 Other
- Latest Funding Round: Grant (prize money), Sep 01, 2020, $*****
- Tracxn Score: 49/100 What is this?
- Competitors Rank: 77 of 3,057 Competitors
3. Looop
Looop is a mobile-first learning platform to enable the small-to-medium sized business to deliver training online. It is a cloud-based platform available via an app on tablet or smartphone. It is also customisable, so companies can brand the interface as they wish. The company is playing into the stagnant corporate online learning market that relies on outdated desktop software. The company is also tapping into the notion of ‘lean’ or ‘micro-learning'; the idea being to offer learning in bite-sized chunks, with easily tested learning outcomes for on-the-go consumption. Pricing starts from $59/month up to 10 users. Clients include Sky, Danone, Financial Times, etc.
Key facts about Looop
- Founded Year: 2013
- Location: Melbourne (Australia)
- Stage: Acquired
- Total Funding till date: $2M
- Investors: Ascension and Exodus Ventures
- Latest Funding Round: Seed, Apr 13, 2017, $*****
- Tracxn Score: 49/100 What is this?
- Competitors Rank: 10 of 211 Competitors

4. Ento
Cloud-based workforce management software. Its key features include staff scheduling, rostering, time and shift management with payroll integration, communication between teams, leave tracking. It monetizes through subscription-based pricing plans.
Key facts about Ento
- Founded Year: 2009
- Location: Melbourne (Australia)
- Stage: Acquired
- Total Funding till date: $6.2M
- Investors: Perennial, Partners For Growth and 1 Other
- Latest Funding Round: Series B, Jun 11, 2021, $*****
- Tracxn Score: 43/100 What is this?
- Competitors Rank: 81 of 924 Competitors

5. 2cloudnine
Cloud-based platform for employee payroll management. It also offers other features such as real time analytics, compliance, onboarding, automated backpay calculations, reports generation, attendance and leave tracking, etc. It provides other platforms for staffing, awards recognition, etc.
Key facts about 2cloudnine
- Founded Year: 2009
- Location: Melbourne (Australia)
- Stage: Seed
- Investors: Partners For Growth
- Latest Funding Round: Seed, Oct 24, 2024, $*****
- Tracxn Score: 40/100 What is this?
- Competitors Rank: 109 of 1,271 Competitors
Companies founded year-on-year in the HR SaaS sector in Melbourne
13 HR SaaS startups in Melbourne were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | 3 |
2023 | 8 |
2022 | 5 |
2021 | 5 |
2020 | 13 |
2019 | 12 |
2018 | 12 |
2017 | 11 |
2016 | 12 |
Stage-wise distribution of HR SaaS sector companies in Melbourne
Out of the total 173 HR SaaS companies in Melbourne, 26 have secured funding. Among them, 16 have reached Series A or higher, and 13 to Series B or beyond.
Founded - 173
Funded - 26
Series A+ - 16
Series B+ - 13
Series C+ - 12
Company Stage | No. of companies |
|---|---|
Founded | 173 |
Funded | 26 |
Series A+ | 16 |
Series B+ | 13 |
Series C+ | 12 |
Funding Trends in the HR SaaS sector in Melbourne
Total funding year-on-year in the HR SaaS sector in Melbourne
The HR SaaS sector in Melbourne saw a total funding of more than $90.8M in the last 10 years. The most amount of funding was in 2017 at more than $32.6M.
- Total Funding
Year | Total Funding |
|---|---|
2024 | - |
2022 | $24M |
2021 | $7M |
2020 | $135K |
2018 | $3.5M |
2017 | $32.6M |
Recent Funding Rounds in HR SaaS in Melbourne
In the year 2024, till October 2024, HR SaaS companies in Melbourne have raised equity funding across 1 round.
Here are some recent, important funding rounds in HR SaaS companies in Melbourne:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 2309 | Oct 24, 2024 | ||
Series A | 7234 | Nov 22, 2022 | ||
Seed | 4681 | Mar 07, 2022 | and 4 more | |
Series A | 8853 | Nov 03, 2021 | - | |
Series B | 4210 | Jun 11, 2021 |
Top Investors in HR SaaS in Melbourne
SEEK is the top investor in HR SaaS companies in Melbourne based on number of companies invested.
Here are some top investors in HR SaaS companies in Melbourne:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Melbourne (Australia) | ||
New York City (United States) | - | |
Fort Worth (United States) | - | |
San Jose (United States) | - | |
Sydney (Australia) | - |
M&A activity in HR SaaS sector in Melbourne
In the year 2024, till December 2024, 2 acquisitions happened in HR SaaS sector in Melbourne. Last year, in 2023, a total of 1 acquisition happened in HR SaaS sector in Melbourne.
Here are some recent, important acquisitions in HR SaaS sector in Melbourne:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Dec 19, 2024 | ||
Business Acquisition | Oct 30, 2024 | ||
Acqui-Hired | Jun 27, 2023 | ||
Business Acquisition | Sep 28, 2022 | ||
Business Acquisition | Apr 04, 2022 |
Acquisition trends in HR SaaS sector in Melbourne
Here are the acquisition trends in HR SaaS sector in Melbourne:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 2 |
2023 | 1 |
2022 | 3 |
2021 | - |
2020 | - |
2019 | - |
2018 | 1 |
2017 | 1 |
IPOs in HR SaaS in Melbourne
In the year 2016, till October 2016, 1 IPO happened in HR SaaS sector in Melbourne.
Here are some recent, important IPOs in HR SaaS sector in Melbourne:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Oct 06, 2016 | Australian Securities Exchange (ASX) | |
Feb 21, 2002 | Australian Securities Exchange (ASX) |
Top News in HR SaaS in Melbourne
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Yaktrak And Grist Join Forces To Transform People Development & Compliance In Contact CentresGlobeNewswire•Feb 24, 2025•YakTrak, Grist, Grist
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Sapia.ai Upgrades Technology to Detect AI-Generated Interview ResponsesBusiness Wire•Nov 21, 2024•Sapia.ai
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Sapia.ai Unveils Live Interview™: A Cutting-Edge Tool for Interview Management in High-Volume HiringBusiness Wire•Oct 09, 2024•Sapia.ai
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Sapia.ai opens its machine learning models with strategic API programStartup Daily•Jun 10, 2024•Sapia.ai
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Unveiling Talent Hub by Sapia.ai: Revolutionizing Recruiter ProductivityBusiness Wire•Oct 23, 2023•Sapia.ai
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