Startup Ranking Archive #19

For the period ending 8 June 2016

Velpic is our top trending company this fortnight, with the eLearning platform announcing a capital raise Screen Shot 2016-06-09 at 10.59.14 PMand its first sporting and hospitality client. The software company is hoping to raise $5.85m through a rights issue, and will also be providing an induction solution to the Bulldogs’ Canterbury League Club’s 500 staff. The company attracted strong press coverage and social media engagement, and CEO Russell Francis commented:

“Velpic is delighted to feature in Techboard’s latest startup ranking. At Velpic we have been extraordinarily busy of late launching Version 3.0, commencing our second capital raise, expanding internationally, so it’s nice to see some external validation of our efforts and the outstanding progress that Velpic has been achieving. The global Learning Management System market place is growing by 22% per year and will be worth over $11b by 2020 and Velpic has a global first mover advantage in this exciting market place.”

Shark Mitigation Solutions retains its second position in the ranking, in particular following its signing of professional surfer Taj Burrows as an ambassador.

Here is a taster of Techboard’s latest startup ranking for the period ending 8 June 2016.

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Sign up/Log in to see the full ranking… yes we are now publishing the full ranking of all WA companies on Techboard. 

Financial services security provider BankVault won the fintech category of the 2016 World Cup Tech Challenge in Silicon Valley, making it the top ranked unlisted company this fortnight. The startup also picked up two nominations from our Panel of Experts.

Graeme Speak, CEO of BankVault, said, “BankVault is a revolutionary product that stops bank hackers. It secures online transactions by creating invisible endpoint devices that bypass hackers. Your endpoint device is now secure, anonymous and untraceable.”

BankVault’s recent success at the World Tech Cup Challenge is attracting a lot of attention to the FinTech startup. “We’re delighted that BankVault has won the World Cup Tech Challenge. Winning has exposed us to a global audience.”

Last fortnight’s top startup Rhinohide remains in the top five, with on-going mindshare presence following its appearance on Shark Tank last month.

Intelligent hearing device maker Nuheara also remains in our top five, with strong local news coverage and an announcement it has engaged Flextronics to manufacture its crowd-funded device.

Other top ten trending companies include telecom company Trident Subsea Cable, which is aiming to raise close to $100m to finance its fibre-optic cable linking Perth to South-East Asia, and Startup Weekend alumni which picked up local and international press coverage.


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Check out the Archives:


Ranking #15 from 14 April 2016

Ranking #16 from 28 April 2016

Ranking #17 from 12 May 2016

Ranking #18 from 26 May 2016