Latest updates for ANZ sales professionals
Sydney-founded Canva reported $4B ARR with 35% YoY growth and $500M enterprise ARR doubling annually. The company employs roughly 5,000 globally but sales team size remains undisclosed. Current valuation sits at $42B in secondaries, with Figma and Adobe comps suggesting $20-48B range depending on market sentiment around AI risk.
The two firms that sell into enterprise IT and marketing budgets just reported Q4. Gartner revenue up 2%, consulting down 13%. Forrester down 8% full year, exiting strategy consulting, market cap collapsed to $105M. When the companies that track B2B spend are getting crushed, that tells you where enterprise buying cycles actually are.
Sydney telehealth startup Eucalyptus sold to NYSE-listed Hims & Hers for $1.6 billion, three times its 2023 valuation. The deal includes $340 million upfront, earnouts through 2029, and signals continued consolidation in digital health. Worth noting: Eucalyptus was burning cash with a $15 million loss in FY2024 despite $640 million ARR.
Figma closed Q4 2025 at $304M in revenue, up 40% year-over-year, with full-year revenue of $1.056B. Net dollar retention hit 136%, meaning existing customers expanded their spend significantly. For sales teams watching SaaS benchmarks, these numbers set a new bar at scale.
Two dozen Australian startups pulled in $91 million this week, led by Fluent Commerce's $46 million raise. The funding follows 2024's 68% jump in startup capital, now hitting $5.4 billion across 380+ deals. For sales professionals: this translates to hiring across retail tech, legal tech, and defence sectors, with Startmate's 19 new cohort companies ramping teams.
Anthropic closed a $30 billion Series G at $380 billion post-money valuation, reporting $14 billion annualized revenue. The round tripled in size as demand overwhelmed supply. Three consecutive years of 10x revenue growth, but the company is still burning cash and the CEO has warned publicly about insolvency risk if compute spend goes wrong.
Jacinta Nampijinpa Price is back on the Opposition frontbench as Shadow Minister for Small Business after being dumped from defence industry last year. Tim Wilson moves up to Shadow Treasurer. Price refused to apologise for the comments that got her demoted, but kept Taylor's backing.
Comedian Hamish Blake launched Hametasker, a jobs platform that requires tasks to be filmed. Airtasker CEO Tim Fung responded by offering $1 for a stake, valuing the venture at $1 billion. The publicity stunt comes ahead of Airtasker's half-yearly results next week.
eBay is acquiring fashion resale platform Depop from Etsy for $1.7 billion cash, three years after Etsy bought it for $2.27 billion. Depop generated $1.42 billion in GMV last year from 3 million sellers, 90% under 34. The platform stays standalone.
YouTube went down globally for 90 minutes on February 17, peaking at 340,000 user reports. The culprit: a failed recommendations system that knocked out the homepage, subscriptions, and search across YouTube, YouTube TV, and YouTube Music. Google fixed it by 8:04 PM PST.
MYOB is rolling out open banking across Business and AccountRight from March 1, with plans to make it the default bank connection by 2026. The move affects 1.2 million SME customers across ANZ and adds 50 new bank connection options. For sales teams selling into SMEs, this signals faster setup times and cleaner data feeds becoming table stakes in accounting software.
Google now lets you mark preferred news sources, which surfaces human-written content over AI summaries in search results. The feature gives readers control over what they see and helps independent publishers compete with algorithmic content. Worth noting: it does not override ranking, but it does increase visibility when relevant.