You don’t need a fancy university degree to launch a startup and secure venture capital. But looking at the data on who gets funded, alumni affiliation sure seems to be a big contributing factor.
For this back-to-school series, Crunchbase is taking a look at how top U.S. universities rank in terms of graduating entrepreneurs who go on to launch funded startups. We look at which institutions launch the most startups, as well as the most highly capitalized.
But first, a spoiler alert: If you’re looking for surprises, stop reading now. The results largely confirm what people in venture and startup circles could probably guess. Stanford graduates more founders who raise more money than any other school. The rest of the list is rounded out by large Ivy League schools, prestigious technology institutes and some big state research universities.
Who launched the most startups
First, we ranked schools according to the number of alumni-founded startups that raised $1 million or more in the past year. No big surprises here, though it should be noted that a few universities are seeing some nice year-over-gains. MIT had 134 alum-funded startups that raised over $1 million, up from 108 in the year-ago period. The University of Washington went up from 35 to 41 alum-funded startups, while University of Illinois, Urbana-Champaign had 44, up from 39 in the year-ago period.