Healthtech, software and AI startups shine in Deloitte’s Tech Fast 50
Only a month since securing $65 million in a Series B round, Melbourne-based healthtech platform Heidi has taken the top spot in Deloitte’s 2025 Tech Fast 50 list, leading a milestone cohort dominated by software and fintech innovators.
Founded by vascular surgical resident Dr Thomas Kelly, Waleed Mussa and Yu Liu in 2019, Heidi Health uses AI to automate administrative work such as documentation, form filling and task management to let clinicians focus on patient care.
The company’s software is used across emergency departments, general practice and specialist clinics, supporting more than 2 million consults per week in 110 languages from 116 countries.
Taking the number one spot in the Tech Fast 50, Heidi - which was valued at $465 million a month ago - achieved a whopping 15,323 per cent three-year growth rate.
In second place was listed music tech company Vinyl Group (ASX: VNL), which rose by 2347 per cent through its work offering tech and media platforms to empower musicians. Rounding out the top three was Tasmania-based AI infrastructure company Firmus Technologies, which recorded a 2249 per cent rise.
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