Meet The Most Disruptive MBA Startups Of 2019

What is the biggest lesson that Underdahl has absorbed from launching a venture like Civic Champs? Counterintuitive as it may seem, he advises entrepreneurs to share their ideas. “I was originally very guarded with my ideas,” he admits. “One of my instructors told me, ‘Don’t worry about that. No one is going to steal your ideas. The Idea is not as vital to the success of the organization as the implementation.’ We’ve integrated a lot of the learnings we’ve had from speaking with others into our product road map. Telling people what you are working only enhances what you’re doing.”

After launching Pepper without product in inventory, Lia Winograd has taken a different lesson to heart: Don’t shoot for perfection. “It is more important to be scrappy and test things and feel comfortable with a certain level of risk,” she says. “If we had waited until the product was perfect, it may not exactly have been what people wanted. There wouldn’t have been an opportunity to refine the product further. I think the best advice is to be comfortable with not having everything figured out. As someone once told me, ‘If you feel 100% comfortable with your product, then you’ve probably waited too long.’”

And comfort is something very few entrepreneurs ever experience, Ryan Underdahl adds. That’s why he urges future MBAs to understand exactly what entrepreneurship entails. “People think that entrepreneurship is being your own boss. To a degree, that’s true. If you’re going to start a venture, it better be something you love because it’s all-consuming…It’s not only all you do, it’s also all you think about and all you worry about.”

What inspired these graduates to pursue entrepreneurship? How did an MBA make them better entrepreneurs? What are their long-term goals with their ventures? Click on the company names below to access over two dozen in-depth profiles of the most innovative MBA startups.

StartupMBA ProgramFounding StudentsIndustryFunding
BikeLordBabson College (Olin)Jake Maude and Ty FilsingerBicyclesNA
Jamani Corporate GroupBabson College (Olin)Jacob FohtungEducation, Finance, & Impact Investment$4,700
Caldo Restaurant TechnologiesU.C. Berkeley (Haas)Jose AlonsoFood Service/AutomationNA
EliqsUCLA (Anderson)Max Berg, Dave Goldman and Joe SchwappachFood and Beverage$450,000
Riders ShareUCLA (Anderson)Guillermo CornejoMotorcycles / Sharing Economy$670,000
Talent IPOCarnegie Mellon (Tepper)Aashay Doshi, Michael Lai and Ayush LuthraFinancial Services$26,000
Aegis AIUniversity of Chicago (Booth)Ben ZiomekAI/Security$2,200,000
SableColumbia Business SchoolAndrej Paule, Naveen Qureshi, Towers Wilen and Joseph FinlaysonFinancial ServicesNA
SiteRXColumbia Business SchoolSeth GoodmanHealthcareNA
PurroCornell University (Johnson)Earl Roach III, Donnie Hampton and Christian LaftchievEdTech/HR Tech$8,000
Moonshot Diversity & InclusionESADESophie van GoolHR/People AnalyticsNA
Foublie, Inc.Georgetown University (McDonough)Melissa AntalPediatric Health and WellnessNA
M’panadasGeorgetown University (McDonough)Maria Margarita WomackFood$40,000
Civic Champs, Inc.Indiana University (Kelley)Ryan UnderdahlB2B Software$366,000
INSEACT+INSEADTim van Vliet and Saby MaityAgtech/Biotech€40,000
Dear Black WomenUniversity of Michigan (Ross)Florence NoelCommunity/Wellness$85,000
PhrazeUniversity of Minnesota (Carlson)Jack SchneemanHealth IT$300,000
Season ThreeMIT (Sloan)Adam Klein and Jared JohnsonDTC/Apparel/Outerwear/ FashionNA
MaziwaNorthwestern University (Kellogg)Sahar JamalGlobal Health/Maternal and Newborn Health$132,500
PepperNew York University (Stern)Lia WinogradOnline Apparel$400,000
WellWorthRice University (Jones)Vinay R. AcharyaEnterprise Software for Upstream Oil & GasNA
Synapse Technology CorporationStanford GSBIan CinnamonSecurity/Defense$6,300,000
TrulliUniversity of Virginia (Darden)Amanda JosephTravel Technology$35,000
BuoyWashington University (Olin)Daniel SchindlerFood and Beverage$100,000
aavraniWharton SchoolRooshy Roy & Justin SilverBeauty$1,500,000
Statera TherapeuticsYale SOMOwen Yang and Jennifer FischerBiotechnology$25,000