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Top Entrepreneur Producers

Updated October 2021

Measuring the undergraduate institutions that produce the most successful entrepreneurs is not easy to execute with any degree of validity. Unlike measuring schools that produce the most future PhDs or medical school attendees, there is no clear-cut way to assess which colleges are producing the most innovative, industrious, and entrepreneurial graduates. Fortunately, thanks to Pitchbook, a leading financial data and software company, there is now a way to at least get a reasonable approximation of exactly that. By tracing the founders of companies that received a first round of venture capital funding between 2006 and 2020, the folks at Pitchbook were able to identify the alma mater of each VC-receiving founder in that timeframe. As a further measure, they were able to compute the total amount of capital raised by alumni of particular schools. Together, these data points present an imperfect, but still quite valuable look at which undergraduate institutions churn out the most successful entrepreneurs.

RankUniversityFounder CountCompany CountCapital Raised (millions, USD)Top Companies
1Stanford University14481258 47,838.93 Snap ($2622.76); DoorDash ($2471.7); Robinhood ($1711.93); Opendoor ($1345.06); Samsara ($1230)
2University of California, Berkeley13651225 36,294.90 DoorDash ($2471.7); GRAIL ($2001.66); Flexport ($1201.9); Cloudera ($1041.91); Zynga ($1031.1)UCB
3Massachusetts Institute of Technology1125985 33,411.69 Oscar ($1503.92); Indigo Agriculture ($1116.63); Toast (Boston) ($897.25); Ginkgo Bioworks ($797.33); Dropbox ($627.25)MIT
4Harvard University1100988 41,238.64 Coupang ($3964.43); Affirm ($1498.5); Cloudera ($1041.91); Peloton ($993.74); BabyTree ($813.02)
5University of Pennsylvania1021932 22,640.00 Snapdeal ($1581.39); Fuze ($489.31); Wheels Up ($449.6); Ninja Van ($398); Thrasio ($396.46)UPenn
6Cornell University888824 28,593.93 Lyft ($4912.36); Compass (New York) ($1683.24); Rappi ($1620.17); Samsara ($1230); ChargePoint ($671.9)
7University of Michigan835760 19,133.75 Groupon ($1138); 23andMe ($790.68); Carta ($692); QuarterSpot ($634.59); Tempus Labs ($570)UMich
8Tel Aviv University807673 16,115.53 Generate Capital ($1252.1); Houzz ($613.6); BlueVine ($426.29); Varo ($419.33); Exaware ($401.54)
9University of Texas at Austin749686 10,239.85 Niantic ($480); Zalora ($379.24); Acorns ($281.01); Apollo Endosurgery ($179.31); Icertis ($171.5)UT Austin
10University of Illinois621575 16,412.26 GRAIL ($2001.66); Affirm ($1498.5); Generate Capital ($1252.1); Avant (Online Lending Firm) ($654.23); Farmers Business Network ($619.3)UIUC
11Yale University616560 15,565.26 23andMe ($790.68); Convoy ($668.01); Dataminr ($572.37); One Medical ($532.66); Thumbtack ($423.85)
12Technion - Israel Institute of Technology602509 12,373.53 Better Place ($851.36); Gusto ($521.25); BlueVine ($426.29); Tango (Social/Platform Software) ($371.18); Gong ($333)
13Princeton University593560 19,541.05 Quibi ($1750); Nubank ($1028.64); Databricks ($897.36); Jet ($690); Cabify ($405.9)
14University of California, Los Angeles588554 14,977.76 Chime ($1492.75); BabyTree ($813.02); BrightSource Energy ($651.38); Vir (Biotechnology) ($493.1); Lalamove ($461.5)UCLA
15Columbia University546510 15,283.07 Compass (New York) ($1683.24); DraftKings ($1173.46); Zymergen ($892.44); Celularity ($582.7); Human Longevity ($568.06)
16Brown University542496 20,579.33 Gojek ($6250.96); Chime ($1492.75); CommonBond ($562.06); Warby Parker ($536.19); Scopely ($458.5)
17University of Wisconsin539480 8,832.06 Databricks ($897.36); Automation Anywhere ($840); Bird Rides ($776); Vindex ($380); OneRoof Energy ($194.5)
18University of Southern California520480 17,848.99 Gojek ($6250.96); Instacart ($2233.82); Careem ($784.6); Convoy ($668.01); ServiceTitan ($399.78)USC
19Carnegie Mellon University506447 13,616.57 Affirm ($1498.5); Sea ($722); RigUp ($517.5); Collective Health ($469); Lalamove ($461.5)CMU
20Duke University484461 10,953.80 Radiology Partners ($541.62); Coinbase ($525.31); Harry's ($474.75); Scopely ($458.5); Zalora ($379.24)
21Brigham Young University475378 8,188.31 Qualtrics ($400); Health Catalyst ($391.35); Lendio ($356.5); Xant.ai ($274.58); Pluralsight ($238.4)BYU
22University of Waterloo474375 12,907.52 Instacart ($2233.82); Wish ($1800.33); Databricks ($897.36); Netskope ($744.3); Kuaidi Dache ($700)
23New York University465431 9,221.13 DoorDash ($2471.7); Future Finance ($403.39); Kaminario ($262.72); Hike ($261); Thrive Market ($216.11)NYU
24University of Washington456403 8,433.44 Cloudera ($1041.91); Gogoro ($480); Sidewalk Infrastructure Partners ($400); HashiCorp ($349.54); Outreach ($289.44)UW
25Dartmouth College438400 11,287.74 Generate Capital ($1252.1); Freenome ($508.35); Remitly ($481.88); Funding Circle ($381.15); Lyra Health ($282.03)
26Northwestern University434405 11,434.84 Deliveroo ($1556.24); REEF Technology ($900); Outcome Health ($497.48); Turo ($496); C2FO ($403)
27University of California, San Diego419400 8,690.16 Getaround ($672.85); Human Longevity ($568.06); Kinestral ($337.57); Color Genomics ($265.44); KeepTruckin ($229.3)UCSD
28University of Maryland405378 6,731.50 LivingSocial ($929.91); Wheels Up ($449.6); QuantumScape ($396.28); Thrive Earlier Detection ($367); Tala ($217.1)UMD
28University of Colorado405379 7,223.11 AvidXchange ($1144.07); Gogoro ($480); Cylance ($327); HYLA ($325.94); Pacific Control Systems ($272.32)CU Boulder
30McGill University403373 10,710.25 Indigo Agriculture ($1116.63); Sana Biotechnology ($865.56); VICE Media ($500); Fuze ($489.31); AppDirect ($460.72)
30University of Virginia403380 6,988.42 Reddit ($550.66); Revolution Medicines ($226); MediaMath ($222.93); Forma Therapeutics ($217.51); MakeSpace ($160.59)UVA
32Hebrew University401353 7,908.06 Via (Automotive) ($586.88); Coursera ($463.27); Cybereason ($388.38); Insightec ($309.26); Fundbox ($307.5)
33University of Toronto392353 10,305.45 Moderna Therapeutics ($1722.9); Compass (New York) ($1683.24); Databricks ($897.36); TouchBistro ($209.73); Astute Medical ($189.6)
34Pennsylvania State University390358 7,770.48 Knock (Atlanta) ($597); Radiology Partners ($541.62); Virgin Hyperloop ($459.21); Iora Health ($382.32); Ro (Other Healthcare Technology Systems) ($376.1)Penn State; PSU
35Boston University379365 13,694.18 Gojek ($6250.96); ClassPass ($555.7); Prysm ($518.57); Credit Karma ($370.27); FuboTV (Acquired in 2020) ($326.6)BU
36Purdue University351326 5,981.65 Zymergen ($892.44); Traveloka ($670); Harvest Power ($259.24); MoneyLion ($221.29); Agora.io ($179)
37Georgia Institute of Technology350310 7,035.69 Peloton ($993.74); Glovo ($511.53); CrowdStrike ($481.15); AppDirect ($460.72); Credit Karma ($370.27)Georgia Tech
38Georgetown University324312 7,564.89 AvidXchange ($1144.07); LivingSocial ($929.91); CommonBond ($562.06); Sweetgreen ($533.19); Anduril ($385.1)
39University of North Carolina at Chapel Hill320297 4,556.33 Zalora ($379.24); Sungevity ($287.67); Looker ($280.5); AeroFarms ($214.48); Ncino ($205.11)UNC
40University of California, Santa Barbara306287 9,328.66 Lyft ($4912.36); 10x Genomics ($317.6); The Honest Company ($297); HouseCanary ($205.74); 4DMT ($184)UCSB
41Indiana University301285 4,435.26 Elevance Renewable Sciences ($461.32); Industrious ($236); AirWatch ($225); Gigabit Squared ($202); Light (Electronic Equipment and Instruments) ($185.7)IU
42Tsinghua University296263 24,318.68 Meituan-Dianping ($8800); SenseTime ($2866.56); Royole ($1352); Face++ ($1258); Meituan ($1070)
43University of California, Davis290277 5,091.75 Joby Aviation ($718.3); Conga ($329.25); Enovix ($219.28); Practice Fusion ($205.19); Kinnate Biopharma ($194.5)UC Davis
44University of Massachusetts Amherst288275 5,231.20 Auris ($738.15); DataRobot ($431); Enchi ($196.61); 128 Technology ($152.68); MC10 ($129.31)UMass Amherst
45Tufts University286273 5,661.80 Warby Parker ($536.19); Perfect Day ($361.45); InVision (Multimedia and Design Software) ($349.19); ONE Championship ($336); Ascend Wellness Holdings ($208.63)
46Ben Gurion University285251 4,463.56 Exaware ($401.54); Innoviz Technologies ($264); JFrog ($228); Vayyar ($188); Valens ($164)
47State University of New York (all campuses)284280 4,947.68 Illumio ($332.5); ACV Auctions ($295); PMV Pharma ($238.7); DispatchHealth ($203.2); VTS ($177.7)SUNY
48University of Florida280255 3,204.86 Apeel Sciences ($385); Fanatics ($365); JetSmarter ($131.15); LendStreet ($124); Molekule ($119.35)UF
49Trinity College277254 4,780.42 23andMe ($790.68); Cloudflare ($404.3); CapitalSpring ($291.27); Intercom ($240.5); Blu Homes ($217.05)
50University of British Columbia269227 2,641.74 CRISPR Therapeutics ($160); 17 Media ($159.5); Loji Logistics ($126.81); AbCellera ($115); Satellogic ($101)UBC

Pitchbook Universities: 2020. (2020) Retrieved from http://pitchbook.com/news/articles/pitchbook-universities-2020

 

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