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 |
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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 |
