The tech industry is filled with remarkable stories, but none quite like Deputy’s. Cofounded by immigrant entrepreneur Ashik Ahmed, the software company has rapidly ascended to the status of a billion-dollar ‘unicorn,’ sparking waves of excitement in the Australian tech landscape.
Ashik Ahmed’s immigrant journey from Bangladesh to Australia at the age of 17 forms the captivating foundation of Deputy’s fascinating narrative. His fusion of immigrant experiences with a deep-rooted passion for technology and problem-solving set the stage for Deputy’s incredible trajectory.
Ahmed’s firsthand experiences as a shift worker, including his time flipping burgers at a fast-food chain, provided the impetus for Deputy’s creation in 2008. This unique perspective fueled his entrepreneurial spirit and laid the groundwork for addressing the challenges faced by shift workers and employers.
While Deputy’s journey entailed navigating the unforgiving terrain of economic uncertainties and the COVID-19 pandemic, they emerged resilient. Their steadfast commitment and unwavering vision sustained them through setbacks, shaping Deputy into the tenacious force it is today.
The pivotal appointment of Silvija Martincevic as CEO in 2023 marked a turning point for Deputy, propelling them towards profitability and substantial investment. Martincevic’s strategic finesse and industry track record injected new life into Deputy’s trajectory, leading to a surge in valuation.
Ashik Ahmed’s rise from an immigrant teenager to the co-founder of a billion-dollar tech company is a testament to the transformative power of entrepreneurship and unwavering determination. It beautifully showcases the inclusive nature of the Australian tech landscape, where diverse backgrounds thrive.
Deputy’s partnership with US-based Express Employment Professionals and a substantial $37 million investment underscored their market relevance and potential, resulting in a valuation surpassing the billion-dollar milestone.
Beyond financial success, Deputy’s narrative serves as an inspiring beacon for entrepreneurs worldwide, emphasizing the value of perseverance, resilience, and relentless pursuit of excellence in the face of adversity.
Deputy’s ascent represents the limitless potential of human ingenuity and the promise of a future shaped by innovation. Their remarkable journey points to the transformative impact of determination, resilience, and the pursuit of excellence, echoing throughout the tech industry and beyond.
