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

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PITCHBOOK’S BEST UNIVERSITIES FOR GRADUATE 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.

Here are the top global universities based on graduate founders.

PitchBook 2025: Graduate Founders
Rank
University
Founder Count
Company Count
Capital Raised
Change vs. 2024
1 Stanford University 4,287 3,286 $242.6B –
2 Harvard University 3,842 3,242 $222.8B –
3 MIT 2,859 2,233 $137.3B –
4 Columbia University 1,920 1,701 $61.2B –
5 UC Berkeley 1,893 1,577 $129.4B –
6 University of Pennsylvania 1,776 1,551 $62.1B –
7 University of Cambridge 1,488 1,243 $44.0B –
8 University of Oxford 1,410 1,171 $45.1B –
9 Northwestern University 1,299 1,153 $34.9B –
10 New York University 1,088 1,016 $87.6B –
11 University of Chicago 1,033 905 $32.3B ⬆ +1
12 UCLA 1,022 881 $29.9B ⬇ –1
13 INSEAD 953 882 $21.9B ⬆ +1
14 Tel Aviv University 929 741 $19.7B ⬇ –1
15 Imperial College London 897 748 $14.4B ⬆ +5
T16 Cornell University 891 767 $32.6B ⬇ –1
T16 Carnegie Mellon University 891 741 $29.5B –
18 HEC Paris 826 736 $13.9B ⬆ +5
19 USC 820 722 $32.2B –
20 University of Texas, Austin 818 716 $25.3B ⬇ –2
21 University of Michigan, Ann Arbor 813 687 $28.6B ⬇ –4
22 Johns Hopkins University 711 610 $28.2B ⬆ +2
23 Tsinghua University 697 639 $39.8B ⬆ +2
24 Yale University 680 575 $30.2B ⬇ –3
25 University of Toronto 649 514 $80.4B ⬆ +1
26 London Business School 619 569 $14.0B ⬆ +1
27 University of Illinois, Urbana-Champaign 618 499 $19.6B ⬇ –5
28 London School of Economics 599 573 $13.3B –
29 Duke University 573 494 $18.0B –
30 Technion – Israel Institute of Technology 558 418 $16.6B ⬆ +6
31 Georgia Institute of Technology 542 462 $33.3B ⬆ +1
32 ETH Zurich 537 379 $7.5B ⬆ +2
T33 Boston University 478 429 $10.1B ⬇ –3
T33 University of Washington, Seattle 478 393 $12.6B ⬇ –2
35 Hebrew University 435 331 $10.5B ⬇ –2
36 University of Wisconsin, Madison 419 346 $14.4B ⬇ –1
37 UC San Diego 404 327 $13.9B –
38 University of Maryland, College Park 364 318 $11.0B –
39 Georgetown University 356 333 $6.7B ⬆ +2
40 Technical University of Munich 346 278 $7.3B ⬆ +10
41 University of Minnesota, Twin Cities 344 281 $14.8B ⬇ –2
42 University of Virginia 343 308 $12.1B ⬇ –2
43 University College London 337 293 $7.4B ⬆ +11
44 IE University 336 300 $7.0B ⬆ +1
45 ESADE 330 307 $8.2B ⬆ +1
46 University of Colorado, Boulder 327 281 $11.8B ⬇ –4
47 Peking University 326 315 $17.2B ⬆ +10
48 McGill University 318 270 $10.2B ⬆ +4
49 Arizona State University, Tempe 317 286 $7.6B ⬇ –6
T50 Delft University of Technology 314 256 $2.5B ⬆ +7
T50 Purdue University 314 267 $9.8B ⬇ –6
52 National University of Singapore 312 289 $9.4B ⬆ +9
T53 University of British Columbia 308 263 $65.6B ⬆ +6
T53 University of Florida, Gainesville 308 261 $4.7B ⬇ –6
55 UNC Chapel Hill 297 271 $10.5B ⬇ –1
56 Lund University 294 231 $2.5B ⬇ –5
57 Caltech 291 235 $9.3B ⬇ –8
58 Seoul National University 283 211 $8.2B ⬆ +14
59 Ohio State University 282 245 $9.7B ⬇ –6
60 Washington University 280 232 $13.7B ⬇ –4
61 Copenhagen Business School 276 252 $3.0B ⬆ +4
62 IIT Bombay 267 237 $5.6B ⬆ +7
63 University of Edinburgh, Scotland 266 240 $3.8B ⬆ +1
64 George Washington University 264 253 $6.8B ⬇ –16
65 Princeton University 261 223 $37.4B ⬆ +1
T66 Technical University of Denmark 255 183 $2.9B ⬇ –3
T66 University of Tokyo 255 203 $7.4B ⬆ +11
68 Babson College 252 235 $4.3B ⬇ –8
69 KU Leuven 247 190 $3.6B ⬇ –8
70 University of Copenhagen 236 182 $3.8B ⬇ –3
71 Dartmouth College 231 220 $9.1B ⬇ –3
72 Penn State University 230 210 $6.7B ⬇ –2
73 University of Amsterdam 227 205 $5.4B ⬆ +10
74 Indiana University, Bloomington 224 205 $5.0B ⬇ –3
75 University of Waterloo 220 167 $3.3B ⬆ +22
T76 Bocconi University 218 208 $2.8B ⬆ +19
T76 Erasmus University Rotterdam 218 199 $1.8B ⬆ +12
T76 ESSEC Business School 218 210 $5.6B ⬆ +9
79 Northeastern University 217 202 $4.8B –
T80 Ben Gurion University 215 173 $5.4B ⬆ +4
T80 Vanderbilt University 215 183 $5.2B ⬇ –6
T80 ESCP Europe 215 204 $5.8B ⬆ +2
83 Stockholm School of Economics 213 186 $3.8B ⬆ +8
84 Chalmers University of Technology 212 158 $2.8B ⬇ –3
85 KTH Royal Institute of Technology 211 182 $5.7B ⬇ –12
86 Ecole Polytechnique 210 191 $3.9B ⬆ +17
T87 Chinese Academy of Sciences 209 199 $9.3B ⬆ +21
T87 UC Davis 209 184 $8.7B ⬇ –10
89 Bar-Ilan University 207 183 $6.3B –
90 Fudan University 206 197 $10.1B ⬆ +14
91 Indian School of Business (ISB) 204 184 $6.3B ⬆ +15
92 Weizmann Institute of Science 203 162 $5.7B ⬆ +4
93 Texas A&M University 202 186 $4.2B ⬇ –14
94 Emory University 195 172 $4.6B ⬇ –2
95 Uppsala University 192 153 $1.9B ⬇ –5
96 Rutgers University 189 171 $4.3B ⬆ +4
97 University of Warwick 188 182 $2.7B ⬆ +13
T98 University of Massachusetts 186 168 $4.8B ⬇ –23
T98 University of Pittsburgh 186 158 $2.9B ⬇ –23
T98 University of Western Ontario 186 170 $3.3B ⬆ +18