Accelerator · Melbourne, Victoria, Australia

Startmate Accelerator

A 14-week, remote-first accelerator for Australian and New Zealand founders that invests A$120,000 at acceptance, with three in-person weeks and a demo day.

Open · closes 1 Nov 2026 Run by Startmate

Verified 18 October 2026 · From the programme's own pages

Terms

Funding
A$120,000 A$120,000 invested at acceptance; companies that have not raised before are valued at A$1.5m post-money (8%); companies that have raised at least A$250,000 from VC or angels get their previous round's terms matched
Instrument
SAFE
Equity taken
8% 8% applies to first-time raisers at A$1.5m post-money; founders choose a SAFE or their priced equity round
Programme fee
No fee No program fees
Duration
14 weeks
Cohort size
not published
Cohorts
not published
Delivery
Hybrid
Stages
Idea, pre-seed, seed
Sectors
Sector-agnostic
Open to founders from
Australia, New Zealand
Perks
  • Co-working access at the Melbourne and Sydney offices
  • Demo Day for an audience of investors, operators and founders
  • Finale trip to San Francisco for selected founders

Application dates

Open · closes 1 Nov 2026Summer '27

Summer '27: applications close 1 November 2026; the programme starts 1 February 2027.

Who can apply

  • At least one founder works full-time on the company during the program
  • Solo founders may apply
  • Founders across Australia and New Zealand, or overseas founders with a strong ANZ connection
  • Previous fundraising is not required
  • Stage: idea, pre-seed, seed

Companies it names as alumni

Bugcrowd, Morse Micro, HappyCo, Mindset Health, Lyrebird Health

What founders should check

  1. It takes 8% equity, and its standard offer is A$120,000. Work out what that stake costs you at your next round before you sign.
  2. It charges no programme fee.
  3. It mixes remote and in-person sessions in Melbourne. Ask how much time on site it expects.
  4. Applications are open until 1 November 2026. That is less than a month away, so start the form now.

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