Penn ranks high in PitchBook’s list of top 100 universities for startup founders

Startup Challenge 2023 Elevator Pitch & Award Ceremony
PC: Venture Lab

No surprise here, but the University of Pennsylvania has produced a whole bunch of venture-backed companies.

This article was originally published in November 2022.

PitchBook just released its 2022 lists of top 100 universities based on the startup founders they produce, and Penn ranked high on all four lists: undergraduate, graduate, female founders undergraduate and female founders graduate. The ranking is based primarily on how many alumni entrepreneurs have founded venture capital-backed companies.

Here’s how Penn fared:

  • Penn ranked fifth among undergraduate schools, with 1,038 founders behind 952 companies and $32 billion raised.
  • It ranked sixth on the list of graduate schools, with 1,456 founders behind 1,244 companies and $57.7 billion raised.
  • It ranked fourth on the list of undergraduate female founders, with 172 founders behind 169 companies and $3.2 billion raised.
  • And it ranked fifth on the list of graduate female founders, with 205 founders behind 182 companies and $5.3 billion raised.