PitchBook’s 2025 Top Universities, Ranked By Number Of MBA Startup Founders

PITCHBOOK’S BEST UNIVERSITIES FOR UNDERGRADUATE FOUNDERS

PitchBook compiles its annual list by tallying the number of alumni from each school who have founded capital-backed companies. This year, it based its analysis of more than 173,000 VC-backed founders.

PitchBook 2025: Undergraduate Founders
Rank	University	Founder Count	Company Count	Capital Raised	Change vs. 2024
1	University of California, Berkeley	1,804	1,650	$69.0B	–
2	Stanford University	1,519	1,380	$102.2B	–
3	Harvard University	1,355	1,237	$61.6B	–
4	University of Pennsylvania	1,206	1,113	$120.4B	⬆ +1
5	Massachusetts Institute of Technology (MIT)	1,131	1,019	$69.8B	⬇ –1
6	Cornell University	944	903	$42.8B	–
7	Tel Aviv University	865	736	$30.0B	–
8	University of Texas, Austin	850	774	$24.0B	⬆ +1
9	University of Michigan, Ann Arbor	845	787	$30.2B	⬇ –1
10	Technion – Israel Institute of Technology	783	671	$26.7B	⬆ +3
11	University of Illinois, Urbana-Champaign	751	691	$26.6B	⬇ –1
12	Yale University	710	665	$33.8B	⬇ –1
13	University of California, Los Angeles (UCLA)	679	658	$17.0B	⬇ –1
14	Columbia University	671	634	$19.0B	⬆ +1
15	Princeton University	656	614	$27.1B	⬇ –1
16	University of Southern California (USC)	644	595	$32.8B	–
17	University of Toronto	643	587	$75.6B	⬆ +10
18	University of Waterloo	639	527	$14.1B	⬆ +4
19	Indian Institute of Technology, Bombay	627	490	$20.2B	⬆ +6
20	Duke University	625	599	$25.2B	⬇ –3
21	Northwestern University	588	545	$22.6B	⬇ –2
22	McGill University	586	536	$21.0B	⬆ +1
23	New York University	584	556	$16.2B	⬇ –3
24	Brown University	547	511	$33.5B	⬇ –6
25	Tsinghua University	545	512	$37.3B	⬆ +5
26	Indian Institute of Technology, Delhi	540	462	$24.7B	⬆ +12
27	University of Wisconsin, Madison	526	483	$12.8B	⬇ –6
28	Carnegie Mellon University	499	457	$15.6B	⬇ –4
29	Brigham Young University	491	408	$8.9B	⬇ –3
30	Hebrew University	466	413	$15.1B	⬇ –1
31	University of Virginia, Charlottesville	460	439	$12.6B	⬆ +1
32	University of Washington, Seattle	454	419	$73.3B	⬇ –4
33	Georgia Institute of Technology	452	403	$12.0B	⬆ +6
34	Pennsylvania State University (Penn State)	451	425	$12.7B	⬇ –1
35	Dartmouth College	439	410	$20.4B	⬇ –4
36	University of Maryland, College Park	435	417	$11.3B	⬆ +1
37	University of California, San Diego	428	409	$12.3B	⬇ –3
38	Boston University	423	408	$16.7B	⬇ –4
39	University of Colorado, Boulder	412	398	$9.4B	⬇ –5
40	University of Western Ontario	407	373	$5.9B	⬆ +3
41	University of North Carolina, Chapel Hill	401	369	$6.4B	⬆ +7
42	Purdue University	385	361	$9.3B	⬇ –2
43	National University of Singapore	378	329	$8.9B	⬆ +8
44	University of British Columbia	375	333	$5.6B	⬇ –2
45	Georgetown University	368	361	$17.3B	⬇ –4
46	Indian Institute of Technology, Madras	361	321	$12.0B	⬆ +14
T47	Reichman University	357	303	$9.0B	⬇ –3
T47	Indian Institute of Technology, Kharagpur	357	303	$16.3B	⬆ +6
49	Indian Institute of Technology, Kanpur	337	289	$16.3B	⬆ +8
50	University of Oxford	332	318	$12.1B	⬇ –2
51	University of Florida, Gainesville	331	309	$17.0B	⬇ –5
52	Ben Gurion University	329	299	$9.5B	⬇ –2
53	Johns Hopkins University	323	301	$10.6B	⬆ +9
T54	Peking University	318	301	$19.3B	⬆ +17
T54	University of Cambridge	318	306	$14.7B	⬆ +1
56	University of Chicago	313	291	$14.3B	⬆ +11
57	Indiana University, Bloomington	308	296	$7.4B	⬇ –12
58	Arizona State University, Tempe	304	293	$6.2B	⬆ +1
59	Northeastern University	303	284	$3.8B	⬇ –1
60	Washington University	301	277	$14.2B	⬆ +3
61	University of California, Santa Barbara	296	289	$4.9B	⬇ –14
62	University of California, Davis	294	283	$6.2B	⬇ –8
63	Vanderbilt University	292	285	$7.8B	⬆ +3
64	Ohio State University	288	272	$6.0B	⬇ –8
65	Delhi University, India	284	271	$4.5B	⬆ +10
66	University of Mumbai	280	261	$9.3B	⬆ +14
67	Tufts University	278	266	$8.1B	⬇ –15
68	University of Melbourne	277	253	$5.4B	⬆ +15
69	Seoul National University	274	237	$9.6B	⬆ +11
70	Trinity College Dublin	268	249	$3.5B	⬇ –5
71	Monash University	267	249	$3.1B	⬆ +26
72	University of Notre Dame	263	246	$4.9B	⬇ –1
T73	University of Arizona, Tucson	262	247	$8.9B	–
T73	Boston College	262	256	$9.5B	⬇ –6
75	University of Minnesota, Twin Cities	254	240	$4.8B	⬇ –14
76	Texas A&M University	253	233	$5.8B	⬇ –7
77	University of Massachusetts	247	244	$5.5B	⬇ –13
T78	Queen’s University	246	221	$7.5B	⬇ –4
T78	Emory University	246	238	$7.2B	⬆ +1
80	London School of Economics	242	236	$6.3B	⬆ +8
81	Rutgers University	239	230	$6.2B	⬇ –5
T82	California Polytechnic University	238	224	$6.2B	⬇ –5
T82	University of Sydney	238	229	$4.6B	⬆ +3
84	State University of New York (SUNY)	227	223	$5.0B	⬇ –14
85	Michigan State University	222	213	$3.6B	⬇ –3
86	Birla Institute of Technology and Science (BITS Pilani)	221	190	$4.0B	⬆ +18
87	Virginia Tech	220	211	$4.6B	⬇ –1
88	California State University	214	207	$4.4B	⬇ –10
89	Syracuse University	213	202	$3.8B	⬆ +1
T90	University of California, Irvine	210	202	$10.9B	⬇ –4
T90	George Washington University	210	202	$3.6B	⬇ –1
T90	Bar-Ilan University	210	197	$8.9B	–
T90	Copenhagen Business School	210	189	$3.0B	⬆ +7
94	University of New South Wales	205	190	$9.0B	⬇ –1
95	Imperial College London	203	194	$4.1B	⬇ –3
T96	University of Utah, Salt Lake City	195	179	$4.5B	⬇ –1
T96	University College Dublin	195	185	$2.8B	⬇ –2
T98	University of Cape Town	190	169	$2.7B	⬆ +10
T98	Rensselaer Polytechnic	190	180	$5.5B	⬇ –14
T100	York University	189	179	$2.5B	⬆ +7
T100	University of Calgary	189	166	$3.4B	⬆ +27

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PitchBook 2025: Undergraduate Founders

Rank

University

Founder Count

Company Count

Capital Raised

Change vs. 2024