Envato was the only Australian-founded business in the top 100 of the annual rankings list.
Envato has again been recognized as home to one of the world’s best independent online marketplaces.
Now in its fourth year, the annual a16z Marketplace 100 ranks the 100 largest consumer-facing marketplace startups and private companies. San Francisco-founded grocery service Instacart was again number one, with Valve – the owner of game marketplace Steam – coming in at number two and ticketing platform Viagogo third.
Envato Market is Australia’s only representative on the list of companies, one of only two from APAC, and one of only ten ranked marketplaces based outside the USA.
Envato has been ranked in the top 100 of the Marketplace 100 every year since its inception.
“We’re very proud of the longevity of Envato Market, which is approaching 17 years since it first started empowering creators worldwide with a new way to level up their creative projects,” remarked CEO Hichame Assi.
“Since day one, we’ve believed in creating genuine opportunities for creatives, making creative success achievable and accessible for all. Envato Market has been a big part of that purpose, and the community that supports it should be thrilled with this acknowledgment of their inspiration and commitment.”
There were 34 new entries into the rankings in 2023, with experience marketplaces in food, travel, and shopping all showing breakout growth.