Dealroom – New Zealand Tech Ecosystem Report, 2024

The Dealroom – New Zealand Tech Ecosystem Report for 2024 offers a comprehensive overview of the New Zealand startup ecosystem, including local value creation, VC investment, and demographic information. The report includes data on startups based in New Zealand, even if they have since relocated abroad, with data collected up to June 2024 using a conversion rate of US$1 = NZ$1.6. The accuracy of the data depends on information sourced from Dealroom and other public databases. The report compares New Zealand's startup scene to peer countries such as Australia, Denmark, Ireland, Israel, Singapore, Sweden, Switzerland, and Finland. In 2024, the combined enterprise value of New Zealand startups reached NZ$83 billion. Notable growth in the ecosystem in recent years includes Seequent becoming a unicorn in 2021, XERO achieving decacorn status as the first in New Zealand in the same year, and FNZ also reaching decacorn status in 2022.