Stanford, Berkeley, and Harvard rank among the 15 US colleges that produce the most startup founders

Stanford University has produced 1,427 founders who have raised venture capital.

PitchBook released its annual ranking of the top 100 colleges for VC-backed startup founders. 
Many of the top schools are near tech hubs like San Francisco, Boston, New York City, and Austin.
Stanford, UC Berkeley, and Harvard have the top three undergraduate programs.

Earning a degree from a prestigious college isn’t a prerequisite for building a successful company, but it can certainly help. The academic programs and networks available at some of the country’s top schools can give founders a leg up, especially when it comes to raising capital. 

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The research firm PitchBook released its annual ranking of 100 universities around the world that have produced the most startup founders. The list includes both undergraduate and graduate programs and is based on data from more than 144,000 founders whose companies received venture-capital funding between January 1, 2012, and October 21, 2022. 

Unsurprisingly, all eight Ivy League schools appear on the list, and many of the highest-ranking schools are near America’s biggest tech hubs, like San Francisco, Boston, New York City, and Austin, Texas. 

Here are the 15 US colleges with undergraduate programs that have produced the most VC-backed startup founders.

15. University of Wisconsin-MadisonUniversity of Wisconsin-Madison.

Founder count: 565

Company count: 505

Total capital raised: $14.9 billion

The founders of the software company Databricks, the electric-scooter company Bird Rides, and the software company Automation Anywhere are the alumni who’ve raised the most capital. 

14. University of Southern CaliforniaUniversity of Southern California.

Founder count: 575

Company count: 528

Total capital raised: $26.8 billion

The founders of the tech company Gojek, the grocery-delivery app Instacart, and the software company Relativity are the USC alumni who’ve raised the most capital.

13. University of Illinois Urbana-ChampaignUniversity of Illinois Urbana-Champaign.

Founder count: 581

Company count: 541

Total capital raised: $21.8 billion

The founders of the software company Generate, the biotechnology company Grail, and the financial-technology company Affirm are the alumni who’ve raised the most capital.

12. Columbia UniversityColumbia University.

Founder count: 586

Company count: 544

Total capital raised: $21.8 billion

The founders of the real-estate company Compass, the entertainment and gaming company DraftKings, and the telehealth platform Ro are the Columbia alumni who’ve raised the most capital.

11. Princeton UniversityPrinceton University.

Founder count: 605

Company count: 568

Total capital raised: $28.2 billion

The founders of the software company Databricks, the digital-banking company Nubank, and the information-services company FiscalNote Holdings are the Princeton alumni who’ve raised the most capital.

10. University of California, Los AngelesUniversity of California, Los Angeles.

Founder count: 620

Company count: 591

Total capital raised: $19.8 billion

The founders of the financial-technology company Chime, the logistics company Lalamove, and the blockchain company Forte are the UCLA alumni who’ve raised the most capital.

9. Yale UniversityYale University.

Founder count: 626

Company count: 584

Total capital raised: $22.2 billion

The founders of the logistics company Convoy, the digital-health platform Lyra, and the healthcare company Cityblock are the Yale alumni who’ve raised the most capital.

8. University of Texas at AustinUniversity of Texas at Austin.

Founder count: 738

Company count: 670

Total capital raised: $15.3 billion

The founders of the augmented-reality platform Niantic, the financial-technology company Acorns, and the e-commerce company Merama are the UT Austin alumni who’ve raised the most capital. 

7. University of MichiganUniversity of Michigan.

Founder count: 814

Company count: 745

Total capital raised: $26.6 billion

The founders of the healthcare company Bright Health Group, the financial-technology company Carta, and the electric-vehicle-charging company TeraWatt Infrastructure are the alumni who’ve raised the most capital.

6. Cornell UniversityCornell University.

Founder count: 826

Company count: 772

Total capital raised: $29.9 billion

The founders of the delivery platform Rappi, the technology company Anduril, and the real-estate company Compass are the Cornell alumni who’ve raised the most capital.

5. University of PennsylvaniaUniversity of Pennsylvania.

Founder count: 1,038

Company count: 952

Total capital raised: $32 billion

The founders of the software companies Attentive, Dream Sports, and OpenAI are the UPenn alumni who’ve raised the most capital.

4. Massachusetts Institute of TechnologyMassachusetts Institute of Technology.

Founder count: 1,065

Company count: 943

Total capital raised: $45.9 billion

The founders of the agriculture company Indigo Agriculture, the health-insurance company Oscar, and the cybersecurity platform Arctic Wolf are the MIT alumni who’ve raised the most capital.

3. Harvard UniversityHarvard University.

Founder count: 1,184

Company count: 1,061

Total capital raised: $49.5 billion

The founders of the healthcare company Devoted Health, the financial-technology company Affirm, and the social network Reddit are the Harvard alumni who’ve raised the most capital. 

2. University of California, BerkeleyUniversity of California, Berkeley.

Founder count: 1,406

Company count: 1,266

Total capital raised: $45.7 billion

The founders of the food-delivery app DoorDash, the supply-chain company Flexport, and the biotechnology company Grail are the UC Berkeley alumni who’ve raised the most capital.

1. Stanford UniversityStanford University.

Founder count: 1,427

Company count: 1,271

Total capital raised: $73.6 billion

The founders of the financial-technology company Robinhood Markets, the social-network company Snap, and the logistics company Lalamove are the Stanford alumni who’ve raised the most capital.

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