Whose Startups Are Getting Funded?

Entrepreneurs from Stanford, Harvard, and UC Berkeley attract the most funding from venture capitalists.

Whose Startups Are Getting Funded?Last fall, GraphicSprings, a free logo design app for entrepreneurs, released its ranking of U.S. universities in two categories: how many of their alumni entrepreneurs received startup funding or were able to exit their startups with IPOs, and how much funding these entrepreneurs attracted overall. GraphicSprings based its report on an analysis of more than 5,000 announcements of U.S.-based company mergers, funding acquisitions, and IPOs over a 12-month period.

California’s Stanford University boasts the most funded entrepreneurs, with 138 alumni receiving funding or exiting via an IPO. In second place, with 89, is Harvard University in Boston, Massachusetts; in third, with 45, is the University of California, Berkeley.

Of the entrepreneurs represented in this study:

  • 4.3 percent are women.
  • 16.4 percent are minorities.
  • Those from California-based universities collectively attract the most funding, followed by those in Massachusetts and New York.

Harvard University comes first in terms of funds raised, with its alumni securing more than US$7.9 billion in capital. Ranking seventh on the list of those raising the most money are founders who either are college dropouts or have never pursued college degrees. This group of just 29 entrepreneurs attracted more than $4.2 billion.

See the full results of GraphicSprings’ “Founders Funding & Exit Ranking” at www.graphicsprings.com/founders-funding-and-exit-ranking-usa.