University Entrepreneurship Report
CB Insights has published a report aiming to track and measure the entrepreneurship activity of top universities. Specifically, this report tracks six universities and the companies founded by or led by their alumni and the venture capital or angel financing they have raised. In total, CB Insights data revealed that these alumni have raised $12.6 billion of financing across 559 financing transactions.
The following universities are analyzed:
- Stanford University
- Harvard University
- University of California, Berkeley
- New York University
- University of Pennsylvania
- Massachusetts Institute of Technology
Below are some of the highlights:
- Stanford Alumni Rake It In. Stanford was the clear winner among the universities we analyzed data for. Stanford alum companies raised $4.1 billion across 203 financings handily beating all the other universities in terms of deal activity. On a percentage growth basis, Harvard and NYU are experiencing the fastest growth rates.
- Harvard and Penn Have Most “Alumni Leakage”. Stanford and the University of California, Berkeley do the best job of keeping alums in their home state. Given their proximity to Silicon Valley, this is not surprising. On the flipside, however, U Penn and Harvard saw the lowest percentage of their alumni companies established in Pennsylvania and Massachusetts respectively.
- Tech Dominates. UC Berkeley & MIT Most Diverse. Tech as might be expected see most deal activity and funding across all universities. Although both still are tech leaning, MIT and Berkeley demonstrated the most industry diversity among the universities analyzed.
- Top Investors by University are Very Different. Analyzing the top investors by university highlights that VCs are often building relationships with universities that they find in their backyards.