About Telemedicine sector in Australia
The Telemedicine sector in Australia comprises 409 companies, including 54 funded companies having collectively raised $293M in venture capital money and private equity. Out of these, 23 are Series A+ funded.
Telemedicine sector in Australia has seen 10 acquisitions and 5 IPOs.
This sector includes solutions providing remote diagnosis and treatment of patients by means of telecommunications technology.
All the B2B and B2C companies which enable consultation with physicians, doctors and specialists such as Cardiologist, Psychiatrist, Neurologist etc. over telecommunication platforms. It includes a variety of applications and services using two-way video, email, smart phones, wireless tools and other forms of telecommunications technology. Such solutions usually feature a two-way communication, with a provider at one end and a patient at the other. - Blogs/General Discussion platforms
- Offerings which involve booking doctor services over phone for in-clinic visits/home visits
- Suppliers of Telemedicine equipment like audio/video communication systems are excluded.
Top Telemedicine Companies in Australia
There are 409 Telemedicine startups in Australia which include Epiminder, Nutromics, Seer, Respiri, Instant Consult. Out of these, 54 startups are funded, with 23 having secured Series A+ funding.
Over the past 10 years, an average of 18 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Imperial College London.
Here is the list of top Telemedicine startups in Australia
1. Epiminder
Developer of an implantable device for EEG monitoring. Its minder sub-scalp system is used for the recording of brain electrical activity associated with the occurrence of epileptic seizures.
Key facts about Epiminder
- Founded Year: 2018
- Location: Melbourne (Australia)
- Stage: Public
- Total Funding till date: $24.5M
- Investors: University of Melbourne, Cochlear and 3 Others
- Latest Funding Round: Series A, Mar 15, 2022, $*****
- Tracxn Score: 55/100 What is this?
- Competitors Rank: 3 of 68 Competitors
2. Nutromics
Developer of a patch to monitor and provide insights into patient's health. The company is developing a continuous molecular monitoring platform technology that includes a lab-on-a-patch device to track multiple, crucial targets continuously and in real-time, giving clinicians critical, personalized insights.
Key facts about Nutromics
- Founded Year: 2017
- Location: Melbourne (Australia)
- Stage: Series A
- Total Funding till date: $39.6M
- Investors: VU Venture Partners, Dexcom Ventures and 4 Others
- Latest Funding Round: Series A, Sep 20, 2025, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 16 of 1,269 Competitors
3. Seer
Developer of a cloud-based wearable device for epilepsy diagnosis and management. The company uses wearable devices and cloud analytics technology for its platform. Their platform uses EEG and ECG to record small and large events, behavior changes, and visible symptoms over a number of days. The platform uses data types like diaries, clinical records, medical imaging (MRI, PET, SPECT, CT), time-series data (EEG and other wearables), and video.
Key facts about Seer
4. Respiri
Developer of detection tools for respiratory disorders. The company is developing a range of clinical lab and home care products. The product "SonoSentry" is an over-the-counter automated wheeze detection system. The device allows the data to be uploaded to the cloud via a web portal.
Key facts about Respiri
- Founded Year: 1987
- Location: Melbourne (Australia)
- Stage: Public
- Investors: Bergen Asset Management
- Latest Funding Round: Post IPO, Oct 20, 2020, $*****
- Tracxn Score: 49/100 What is this?
- Competitors Rank: 38 of 1,755 Competitors
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Instantconsult is an app enabling user to teleconsult doctor for health issues. The user can chat with doctors to receive medical certificates, referrals, pathology and radiology requests. The user can discuss the health issue with the doctor via video call, phone call or chat.
Key facts about Instant Consult
- Founded Year: 2019
- Location: Brisbane (Australia)
- Stage: Unfunded
- Tracxn Score: 45/100 What is this?
- Competitors Rank: 1 of 116 Competitors
Companies founded year-on-year in the Telemedicine sector in Australia
57 Telemedicine startups in Australia 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 |
|---|---|
2026 | - |
2025 | 1 |
2024 | 3 |
2023 | 6 |
2022 | 10 |
2021 | 20 |
2020 | 57 |
2019 | 43 |
2018 | 26 |
2017 | 20 |
Stage-wise distribution of Telemedicine sector companies in Australia
Out of the total 409 Telemedicine companies in Australia, 54 have secured funding. Among them, 23 have reached Series A or higher, and 19 to Series B or beyond.
Founded - 409
Funded - 54
Series A+ - 23
Series B+ - 19
Series C+ - 16
Company Stage | No. of companies |
|---|---|
Founded | 409 |
Funded | 54 |
Series A+ | 23 |
Series B+ | 19 |
Series C+ | 16 |
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Funding Trends in the Telemedicine sector in Australia
Total funding year-on-year in the Telemedicine sector in Australia
The Telemedicine sector in Australia saw a total funding of more than $275M in the last 10 years. The most amount of funding was in 2022 at more than $108M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $4.95M |
2024 | $17.8M |
2023 | $23.2M |
2022 | $108M |
2021 | $77.1M |
2020 | $30.4M |
2019 | $7.08M |
2018 | $3.6M |
2017 | $1.7M |
Recent Funding Rounds in Telemedicine in Australia
In the year 2025, till September 2025, Telemedicine companies in Australia have raised $4.95M in equity funding across 1 round.
In the same period last year (i.e. till August 2024), Telemedicine companies in Australia had raised $17.8M across 3 rounds.
So, 2025 has seen a 72.27% drop in funding in Telemedicine companies in Australia as compared to 2024.
Here are some recent, important funding rounds in Telemedicine companies in Australia:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 5489 | Sep 20, 2025 | - | |
Seed | 8770 | Aug 05, 2024 | ||
Series B | 9905 | May 28, 2024 | ||
Seed | 5535 | Mar 19, 2024 | and 1 more | |
Seed | 3893 | Aug 20, 2023 |
Top Investors in Telemedicine in Australia
Artesian is the top investor in Telemedicine companies in Australia based on number of companies invested.
Here are some top investors in Telemedicine companies in Australia:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sydney (Australia) | ||
Menlo Park (United States) | - | |
New York City (United States) | - | |
Melbourne (Australia) | ||
Stockholm (Sweden) | - |
M&A activity in Telemedicine sector in Australia
In the year 2025, till October 2025, 1 acquisition happened in Telemedicine sector in Australia.
Here are some recent, important acquisitions in Telemedicine sector in Australia:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 06, 2025 | ||
Business Acquisition | Oct 19, 2023 | ||
Business Acquisition | Jun 13, 2023 | ||
Business Acquisition | Sep 09, 2021 | ||
Business Acquisition | Aug 19, 2021 |
Acquisition trends in Telemedicine sector in Australia
Here are the acquisition trends in Telemedicine sector in Australia:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | - |
2023 | 2 |
2022 | - |
2021 | 4 |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
IPOs in Telemedicine in Australia
In the year 2025, till December 2025, 1 IPO happened in Telemedicine sector in Australia.
Here are some recent, important IPOs in Telemedicine sector in Australia:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 01, 2025 | Australian Securities Exchange (ASX) | |
Nov 01, 2017 | Australian Securities Exchange (ASX) | |
Nov 09, 2005 | Australian Securities Exchange (ASX) | |
Dec 10, 2003 | Australian Securities Exchange (ASX) | |
Jul 14, 2000 | Australian Securities Exchange (ASX) |
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Top News in Telemedicine in Australia
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FDA Approves Minder®, First Implantable Continuous EEG Monitor in the USVietnam Investment Review•Apr 23, 2025•Epiminder
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Health sensor company WearOptimo announces expert advisory boardAustralian Manufacturing Forum•Mar 12, 2025•WearOptimo, Vaxxas
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CardieX subsidiary ATCOR partners with Invaryant to enable clinical trials with advanced new medical AI technologyescapefromwithin.com•Jan 04, 2023•CardieX, AtCor Medical, Invaryant
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