HealthEngine Tops April Ranking on Back of $26.7m Capital Raise

Techboard's ranking has expanded again, now adding Victoria to the states we cover. We are now capturing data on over 1,000 startups and tech companies from NSW, Victoria, WA and NT. In April we captured 26 individual funding events, 96 separate company milestones and close to 400 pieces of news coverage. This rich data is slowly being added to the individual company profiles on Techboard, as we build a permanent record of the highlights of individual Australian companies.

As usual with our rankings listed startups have dominated the very top of the ranking taking out 4 of the top 5 spots but across the top 20 listed and unlisted companies are equally represented. This is due to a number of factors including the comparative scale of capital raises coupled with continuous disclosure requirements and greater emphasis and energies by listed companies towards investor relations and PR. This month our top ranked company is unlisted and is the only unlisted company in the top 5. We anticipate that over the coming months the balance in the top of our rankings will tend to even out more between private and public companies as the large Venture Capital funds start to make more investments from their recently announced funds.

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