Professional Documents
Culture Documents
Deloitte Au TMT Tech Fast 50 2020 Winners Report 26112020
Deloitte Au TMT Tech Fast 50 2020 Winners Report 26112020
435% 22%
Listed companies make up 8% Rising Star
Zip Co 303%
8% 34% (The 2020 and
Appen 221% 2019 winners
Sector both came from
Sendle 181% split the previous
Average growth this year (versus 16% in 2019) 16% year’s Rising
Koala 152% Star list)
28%
26vs24 15%
Attributes & secret ingredients
Online/direct to consumer
2%
NT Software
12%
QLD Fintech
Communications
4%
Resilience Agility Decisiveness SA 56% first repeat Digital/media increase
NSW timers entrants Healthtech in female
2% ACT
24% VIC representation
this year
Commitment Purpose Resolve Geographic split Resilient. Resourceful. Relevant. (15 companies in 2020
Greater representation from versus 13 companies in 2019)
iGreenData 2,132%
Foreword
Technology Fast 50 top three Technology Female Leadership top three Winning observations:
Congratulations to all our Technology Fast 50 These are the top three tech organisations who what did we notice this year?
2020 winners, with a special shout out to the made our Technology Fast 50 list in 2020 and The crisis has continued to advance the
top three: Half Dome, My Plan Manager and have been founded or co-founded by a female disruption of traditional industries and we
Autoguru for such fantastic growth – see their or currently have a female CEO. We’re delighted are seeing that reflected in our winners’ list.
profiles from page 15. to announce that the top three this year are:
My Plan Manager, Modibodi and Brighte – The largest category this year was online/
Leadership top three see their profiles from page 30. direct to consumer, with COVID-19 accelerating
Those Australian tech companies that the shift from physical stores to online by
feature in our Technology Fast 50 list and Rising Star top three at least three years, and we expect the
had revenue over $50m in FY20 are Zip Co, These high-growth nominating companies rise of direct to consumer to continue. But
Appen and Sendle. Sustaining these strong don’t qualify yet for the Technology Fast 50 we’re also seeing big sector wins in software
growth rates gets even harder with scale, so list as they have less than three years existing and converging sectors, such as fintech
a special congratulations – see their profiles revenue, but they are our Rising Stars and we and healthtech, where the intersection of
from page 24. know the future is bright: JSHealth Vitamins, consumers, and technology continues to drive
Coviu Global and iGreenData – see their change and communications/IT services which
profiles from page 36. are enabling the digital transformation.
Foreword
This year the tech organisations that While NSW took last year’s top three spots, What’s next?
featured were split as follows: online/direct to in 2020 our top three hail from Victoria, South The attributes needed to thrive in today’s
consumer (34%), software (28%), fintech (16%), Australia and Queensland. This is the broadest technology-driven world, those of creativity,
communications/IT services (8%), digital/media representation we have ever had across states innovation, collaboration and adaptability,
(8%) and healthtech (6%). and territories. are inherent in the tech industry, as
are determination, resilience and a
Technology gives companies the ability Female leaders continue their rise pioneering spirit.
to scale with speed and this is evident in We’re thrilled that once again female founders/
the increased number of new nominating co-founders and leaders are increasing their This sector is using those attributes to
companies this year, not just the number of presence on the list, with four females in the power through new and ongoing challenges to
first timers but also those founded in the past top 10, and 15 in the top 50 (up from three innovate, inspire and find solutions in every area
five years. The threshold qualifying growth for and 13 in 2019 respectively), with a 15 percent of business and life. Their success is evident
the top 50 was higher than ever at 145%. increase in female representation overall. with the ASX tech index outperforming the
market in Australia and with tech companies
Geographically, NSW (56%) and Victoria (24%) The top two companies in our Rising Star list generally leading market performance across
continue to dominate, with Queensland (12%) are also female led, with a third female lead in global capital markets.
and ACT (2%) represented again, and we’re the top ten. With our 2019 and 2020 Tech Fast
delighted that South Australia (4%) and the 50 winners ascending from the Rising Star list,
Northern Territory (2%) have added their these are the ones to watch in 2021.
presence to the list.
Foreword
Dominic Stevens This year will go down as one that many will be The companies appearing on this year’s
Managing Director and Chief Executive Officer glad to leave behind. 2020, a year where we’ve winners’ list have demonstrated not only
all faced adversity, uncertainty and challenges, resilience in the face of adversity, but have
from drought and flooding rain, to bushfires shown themselves to be true leaders in their
ASX is proud to be and a global pandemic. fields. My congratulations to all those who both
nominated and made the winners’ list, and a
associated with the Technology, more than ever, has been central
to allowing personal and business continuity.
special acknowledgement to the 2020 winner –
Half Dome.
Deloitte Technology It has enabled us to remain connected, both
Amber Matthews Each year we are thrilled to see such At DLA Piper we advise clients that
Managing Partner Australia bold, passionate, and pioneering companies develop or create technology, are enabled
recognised by Deloitte through this platform. by technology, or whose business model is
Many of our clients have been recognised as fundamentally based on technology. From
DLA Piper is proud finalists this year, and we are proud to partner
with these leading technology companies
start-ups, to fast growing and mid-market
businesses, to mature global enterprises,
to sponsor this year’s to deliver technology solutions throughout DLA Piper supports innovative businesses
the world. and new ventures. It is at the heart of what
Deloitte Technology we do.
Cathryn Carver Now in its 20th year, Tech Fast 50 recognises Last year, NAB announced that it would
Executive, Client Coverage Australia’s standout (and rising star) technology deliver up to $2b in financing, via loans or
NAB Corporate & Institutional Banking firms, helping to support innovation, imagination access to capital markets, over five years to
and know-how. help emerging technology companies build
and grow their businesses.
Once again, NAB is This year has been a year like no other;
and technology and innovation have played a This is real action to directly respond to
delighted to be a co- significant role in keeping the tides of business
flowing and helping countless Australians
the economic challenges Australia faces in
the years ahead. Innovation and investment
sponsor of the Deloitte to continue to serve their customers and in growth sectors will enable a productive,
01
2020 Tech Fast 50
02
2020 Leadership
03
2020 Tech Fast
04
2020 Rising Star
05
Contacts
winners winners Female winners winners p.41
p.14 p.23 p.29 p.35
Technology Fast 50
2020
winners
Tech Fast 50 | winners
02
#02
03
My Plan Manager 04
Growth 1,621%
05
#03 Autoguru
Growth 1,148%
15
Tech Fast 50 | winners
#04
Orca Tech
#05
Modibodi
#06
Brighte
#07
Peter Manettas Seafood
01
02
Growth 1,059% Growth 929% Growth 912% Growth 834%
04
Seer Mable SelfWealth (ASX: SWF) Home Delivery Services
Growth 734% Growth 721% Growth 668% Growth 653% 05
#12
Envirosuite (ASX: EVS)
#13
Alcidion (ASX: ALC)
#14
Equalution
#15
Prezzee
Growth 640% Growth 518% Growth 517% Growth 509%
16
Tech Fast 50 | winners
#16
Reflow Hub
#17
Miss Amara
#18
Makeup Cartel
#19
Wisr (ASX: WZR)
01
02
Growth 465% Growth 380% Growth 372% Growth 351%
04
VALD Zip Co (ASX: Z1P) Zuuse Shippit
Growth 350% Growth 303% Growth 285% Growth 283% 05
#24
Spacetalk (ASX: SPA)
#25
Impressive
#26
PLAYGROUND XYZ
#27
Raiz (ASX: RZI)
Growth 281% Growth 273% Growth 269% Growth 254%
17
Tech Fast 50 | winners
#28
ServiceM8
#29
Max Kelsen
#30
Lexicon Digital
#31
Appen (ASX: APX)
01
02
Growth 248% Growth 231% Growth 226% Growth 221%
04
MyDeal.com.au (ASX: MYD) Practice Ignition Airtasker Sendle
Growth 216% Growth 206% Growth 197% Growth 181% 05
#36
Koh
#37
Lawpath
#38
Babyboo Fashion
#39
GetCapital
Growth 175% Growth 170% Growth 165% Growth 165%
18
Tech Fast 50 | winners
#40
Plenti (ASX: PLT)
#41
Openpay Group (ASX: OPY)
#42
Employment Hero
#43
Vamp
01
02
Growth 164% Growth 163% Growth 162% Growth 158%
04
Koala Engage Squared Luvo Store MTP Services
Growth 152% Growth 150% Growth 150% Growth 148% 05
#48
King Kong
#49
Idea 11
#50
Flora & Fauna
Growth 146% Growth 146% Growth 145%
19
Tech Fast 50 | winners
Tech Fast 50
#01
01
Half Dome
halfdome.com.au 02
20
Tech Fast 50 | winners
#02
01
My Plan Manager
myplanmanager.com.au 02
At My Plan Manager our vision is to create We will never stop working on making our
an inclusive Australia where everyone has service better. By listening to what our clients 03
the opportunity to reach their full potential. and their service providers say we remain the
My Plan Manager is one of Australia’s first plan Plan Manager of choice for more Australians.
management services. We are also Australia’s We are an advocate for change for the wider 04
largest plan manager, which means our team disability community, playing an active role in
of experts has the experience and know-how driving much-needed societal changes through
to help our clients get the most out of their policymakers, the media, and in the community. 05
NDIS Plan. We do this through empowering
people with disabilities to have access to the
widest choice of NDIS supports to suit their
needs and allowing them better choice and
control over their budget and finances, so
that they can focus on what matters most.
21
Tech Fast 50 | winners
#03
01
Autoguru
autoguru.com.au 02
22
Technology Fast 50
2020 Leadership
award winners
Tech Fast 50 Leadership award | winners
02
04
Appen (ASX: APX) Sendle Koala
Growth 221% Growth 181% Growth 152% 05
24
Tech Fast 50 Leadership award | winners
Leadership
#01
01
Zip Co
zip.co 02
ASX-listed Zip Co Limited is a leading player in Zip’s platform is entirely digital and
the digital retail finance and payments industry. leverages big data in its proprietary fraud 03
The company offers point-of-sale credit and and credit-decisioning technology to deliver
digital payment services to the retail, home, real-time responses. Zip is managed by a team
health, automotive and travel industries. Zip with over 100 years’ experience in retail finance 04
has operations across Australia, New Zealand, and payments and is a licensed and regulated
South Africa, the United Kingdom and the USA. credit provider.
Zip also owns Pocketbook, a leading personal 05
financial management tool. The company is
focused on offering transparent, responsible
and fairly priced consumer and SME products.
25
Tech Fast 50 Leadership award | winners
#02
01
Appen
appen.com 02
Appen collects and labels images, text, Our reliable training data gives leaders in
speech, audio, video, and other data used technology, automotive, financial services, 03
to build and continuously improve the world’s retail, healthcare, and governments the
most innovative artificial intelligence systems. confidence to deploy world-class AI products.
Our expertise includes having a global crowd Founded in 1996, Appen has customers 04
of over one-million skilled contractors who and offices globally.
speak over 180 languages and dialects, in over
70,000 locations and 130 countries, and the 05
industry’s most advanced AI-assisted data
annotation platform.
26
Tech Fast 50 Leadership award | winners
#03
01
Sendle
sendle.com 02
27
Tech Fast 50 Leadership award | winners
#04
01
Koala
au.koala.com 02
28
Technology Fast 50
2020 Female
Leadership award
winners
Tech Fast 50 Female Leadership award | winners
02
04
Modibodi Brighte Seer
Growth 929% Growth 912% Growth 734% 05
#05
Envirosuite (ASX: EVS)
#06
Alcidion (ASX: ALC)
#07
Equalution
Growth 640% Growth 518% Growth 517%
30
Tech Fast 50 Female Leadership award | winners
#08
Prezzee
#09
Miss Amara
#10
Makeup Cartel
01
02
Growth 509% Growth 380% Growth 372%
04
Appen (ASX: APX) Babyboo Fashion Luvo Store
Growth 221% Growth 165% Growth 150% 05
#14
Idea 11
#15
Flora & Fauna
Growth 146% Growth 145%
31
Tech Fast 50 Female Leadership award | winners
Female Leadership
#01
01
My Plan Manager
myplanmanager.com.au 02
At My Plan Manager our vision is to create We will never stop working on making our
an inclusive Australia where everyone has service better. By listening to what our clients 03
the opportunity to reach their full potential. and their service providers say we remain the
My Plan Manager is one of Australia’s first plan Plan Manager of choice for more Australians.
management services. We are also Australia’s We are an advocate for change for the wider 04
largest plan manager, which means our team disability community, playing an active role in
of experts has the experience and know-how to driving much-needed societal changes through
help our clients get the most out of their NDIS policymakers, the media, and in the community. 05
Plan. We do this through empowering people
with disabilities to have access to the widest
choice of NDIS supports to suit their needs and
allowing them better choice and control over
their budget and finances, so that they can
focus on what matters most.
32
Tech Fast 50 Female Leadership award | winners
#02
01
Modibodi
modibodi.com 02
Founded in late 2013, Australia’s original The technology is found in the gusset area
leak-proof apparel brand, Modibodi, provides (and bra area of breastfeeding singlets) and 03
all bodies around the world with access to works by wicking moisture away from the body
reusable and sustainable adult and teen briefs, through to an absorbent and odour eliminating
active wear, swimwear and maternity wear, middle layer, then a waterproof breathable, 04
completely replacing the need for disposable hi-tech barrier prevents leakage.
hygiene products. Australian-patented,
scientifically tested, Modibodi is going from 05
strength-to-strength, exporting worldwide to
countries across the world. Our Founder Kristy
Chong spoke to chemical textile engineers,
scientists, garment developers, and textile mills
and then did the sourcing and scientific testing
for almost two years to develop our patented
Modifier Technology.
33
Tech Fast 50 Female Leadership award | winners
#03
01
Brighte
brighte.com.au 02
34
Technology Fast 50
02
04
Coviu Global iGreenData Inspiring Vacations
Growth 11,553% Growth 2,132% Growth 2,084% 05
#05
Mantel Group
#06
ShoreTrade
#07
Arinco
Growth 1,910% Growth 1,220% Growth 1,059%
36
Tech Fast 50 Rising Star award | winners
#08
Binance Australia
#09
Veridooh
#10
Fliteboard
01
02
Growth 633% Growth 631% Growth 406%
04
InteliCare (ASX: ICR) Tally Group Farsiight
Growth 321% Growth 188% Growth 149% 05
#14
HungryHungry
#15
Fresh Clinics
Growth 106% Growth 99%
37
Tech Fast 50 Rising Star award | winners
Rising Star
#01
01
JSHealth Vitamins
jshealthvitamins.com 02
38
Tech Fast 50 Rising Star award | winners
#02
01
Coviu is Australia’s leading telehealth software Coviu has developed its telehealth
company. We provide a solution to Allied Health, software from the ground up as a web native, 03
GP and specialist practices across Australia cloud-based solution. This means there is no
to enable them to hold video visits with their software to install on any device to make use
patients. Coviu also offers an enterprise of it. Coviu’s innovation is in delivering a fit-for- 04
software solution that supports public and purpose software in healthcare and covers
private hospitals, specialist clinics, NGOs, clinical workflows and digital medical tools to
aged care facilities and other large healthcare take telehealth to the next maturity level. 05
providers in delivering care digitally.
39
Tech Fast 50 Rising Star award | winners
#03
01
iGreenData
igreendata.com.au 02
40
Contacts
01
02
05
41
Contacts
01
02
This publication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively the “Deloitte Network”) is, by means of this
publication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional
adviser. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on this publication.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its
member firms and their affiliated entities are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.
About Deloitte
Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our network of member firms in more than 150 countries and
territories serves four out of five Fortune Global 500®companies. Learn how Deloitte’s approximately 286,000 people make an impact that matters at www.deloitte.com.
Member of Deloitte Touche Tohmatsu Limited. © 2020 Deloitte Touche Tohmatsu. MCBD_Syd_11/20_528872859