The 100 Highest-Funded MBA Startups Of 2024

Startups founded by INSEAD MBAs have topped our list for the last three years.

P&Q’s 2024 100 Highest Funded MBA Startups (1-25)
Here are the top 25 MBA startups according to total funding raised. To qualify for this year’s list, a startup had to be founded between January 1, 2019, and December 31, 2023, and must have at least one MBA founder during that same timeframe.
2024 Rank	Startup	$$ Raised (millions)	Founder(s)	Business School	Industry	Year Founded	Location
1	Capchase	$1,100.00	Luis Basagoiti Marqués	INSEAD	FinTech	2020	New York City
2	Tamara	$955.60	Abdulmohsen Al Babtain	London Business School	Fintech	2020	Riyadh, Saudi Arabia
3	Kyte	$549.00	Ludwig Schoenack	UC Berkeley Haas	Car sharing	2019	San Francisco
4	Merama	$525.00	Sujay Tyle	Harvard Business School	Consumer Goods, E-Commerce	2020	Mexico City
5	Ajaib	$245.20	Yada Piyajomkwan, Anderson Sumarli	Stanford GSB	FinTech	2019	Jakarta, Indonesia
6	MBX Biosciences	$238.40	Tim Knickerbocker	UCLA Anderson	Biotech	2019	Carmel, Indiana
7	AtoB	$230.00	Tushar Misra	UC Berkeley Haas	Transportation	2021	San Francisco
8	Pathway Homes	$225.00	Kyle Ruane	UCLA Anderson	Real Estate	2021	Dallas, Texas
9	Forum Brands	$220.70	Brenton Howland, Alex Kopco, Ruben Amar	Stanford GSB	E-Commerce	2020	New York City
10	Arc Technologies	$203.50	Raven Jiang, Nick Lombardo, Don Muir	Stanford GSB	FinTech, Saas	2021	San Francisco
11	Project Canary	$149.20	William Foiles	Stanford GSB	Energy, Envrionmental Engineering	2019	Denver, Colorado
12	Apex	$122.00	Ian Cinnamon	Stanford GSB	Defense, Space	2022	Los Angeles
13	Una Brands	$115.00	Adrian Johnston	INSEAD	Analytics	2021	Singapore
14	True Footage	$97.00	John Liss	Harvard Business School	Real Estate	2019	Seattle, Washington
15	Vannevar Labs	$91.10	Brett Granberg, Nini Moorhead	Stanford GSB	AI, Defense	2019	Palo Alto, California
16	Foodology, Inc	$86.50	Juan Azuero, Daniela Izquierdo	Harvard Business School	Food & Beverage	2019	Bogotá, Colombia
17	Mitra Chem	$80.00	Vivas Kumar	Stanford GSB	Battery, Renewable Energy	2020	Palo Alto, California
18	Solvento	$63.00	Jaime Tabachnik	Northwestern Kellogg	Fintech	2021	Mexico City
19	Opontia	$62.00	Philip Johnston	UPenn Wharton	E-commerce, Brand Marketing	2021	Dubai, UAE
20	Osmind	$57.20	Lucia Huang	Stanford GSB	Health Care	2020	San Francisco
21	Kocomo	$56.00	Graciela Arango, Euan Cassie	Harvard Business School, INSEAD	Real Estate	2021	Miami, Florida
22	Ghost	$55.00	Josh Kaplan	Columbia Business School,Columbia University	Retail Tech, Software	2021	Los Angeles
23	Gravitiq	$55.00	Sachin Srivastava	London Business School	Health Care	2021	New York City
24	SafeBase	$53.10	Adar Arnon, Ahmad Yang	Harvard Business School	Cloud Security	2020	San Francisco
25	Cyble	$44.81	Beenu Arora, Manish Chachada	Columbia Business School	AI, Cybersecurity	2019	Alpharetta, Georgia

P&Q’s 2024 100 Highest Funded MBA Startups (1-25)