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Finance

Startmate

Listed offer value

$120,000
Free guide

ANZ only, equity for capital. Apply by Nov 8, 2026.

Eligibility & conditions

Startmate is an Australia and New Zealand accelerator that invests AUD $120,000 in every company it accepts. Founders who have not raised before take the money at a AUD $1.5m post-money valuation; teams that have already raised AUD $250,000 or more from VCs or angels get their last round's valuation matched instead. The program runs 12 weeks from January 25 to April 29, 2027, hybrid, with three in-person weeks in Australia and access to a network Startmate puts at 4,000+ ANZ founders, operators and investors. This is equity capital rather than credits, so accepting it dilutes your cap table.
Captured Oct 28, 2026View source

How to apply

5 steps
  1. Submit the expression-of-interest form at https://startmate.fillout.com/t/sJX7ig3U6Gus before November 8, 2026. This is the only apply route linked from the program page, and the form is titled 'Startmate [EOI]', so it starts the process rather than being the full application.
  2. Complete the written application Startmate sends you plus a 90-second video. Startmate says to budget 60 to 90 minutes. It asks about the problem, your solution and what makes it different, the team's domain expertise, traction, and your vision.
  3. Wait through stage one review. At least three mentors read each application independently. Startmate says the two-stage selection takes about three weeks.
  4. If shortlisted, do the stage two interview: one hour, remote, with three to four mentors plus a Startmate team member, going deeper on product and vision.
  5. If you have previously raised AUD $250,000 or more and want your valuation matched, have executed documents ready before interviews (a signed SAFE, subscription agreement or term sheet). Without them Startmate applies the AUD $1.5m post-money terms instead.
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