In the Australian state of Victoria between February 2018 and February 2020, job growth among startup companies in the legaltech industry was up by 20 percent. According to the source, annual startup job growth outpaced job growth in conventional companies in nearly all industries in this time period.
Job growth rate of startup companies in Victoria, Australia between February 2018 and February 2020, by industry
Characteristic
Growth rate
Legaltech
20%
Edtech
19%
Security
16%
Foodtech
15%
Children social assistance
15%
Healthtech
15%
Media
14%
Fintech
13.7%
Robotics
13%
Sport
13%
Marketing
12%
E-commerce
10%
Semiconductors
10%
Gaming
10%
Enterprise software
9.4%
Even tech
9.3%
Transport tech
8.6%
Energy tech
8%
HR tech
8%
Travel tech
6%
Telecom
5.4%
Real estate tech
4.5%
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Sources
Dealroom.co; Various sources (Launchvic); Australian Bureau of Statistics
Survey by
Dealroom.co; Various sources (Launchvic); Australian Bureau of Statistics
based on a study of 1,469 startups based in the Australian state of Victoria.
Supplementary notes
According to the source, startup refers to a company "founded in or after 2000 that is
designed to grow fast. This typically involves either developing tech or using tech to operate its business. In other words, these are venture-backable companies."
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Dealroom.co. (July 20, 2021). Job growth rate of startup companies in Victoria, Australia between February 2018 and February 2020, by industry [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1259014/australia-victorian-startup-job-growth-rate-by-industry/
Dealroom.co. "Job growth rate of startup companies in Victoria, Australia between February 2018 and February 2020, by industry." Chart. July 20, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1259014/australia-victorian-startup-job-growth-rate-by-industry/
Dealroom.co. (2021). Job growth rate of startup companies in Victoria, Australia between February 2018 and February 2020, by industry. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1259014/australia-victorian-startup-job-growth-rate-by-industry/
Dealroom.co. "Job Growth Rate of Startup Companies in Victoria, Australia between February 2018 and February 2020, by Industry." Statista, Statista Inc., 20 Jul 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1259014/australia-victorian-startup-job-growth-rate-by-industry/
Dealroom.co, Job growth rate of startup companies in Victoria, Australia between February 2018 and February 2020, by industry Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1259014/australia-victorian-startup-job-growth-rate-by-industry/ (last visited November 10, 2024)
Job growth rate of startup companies in Victoria, Australia between February 2018 and February 2020, by industry [Graph], Dealroom.co, July 20, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1259014/australia-victorian-startup-job-growth-rate-by-industry/
