Five Israeli universities are listed in the top half of PitchBook’s 2022 ranking of the 100 undergraduate programs that produce the most VC-backed entrepreneurs, including Tel Aviv University, which placed in the top 10 for the fifth year in a row.
The 2022 PitchBook study ranked programs in categories such as Top 100 Undergraduate Programs, Top 100 Graduate Programs, Top 50 Master’s Programs for Female Founders, and Top 50 Graduate Programs for Female Founders. The 2022 study was published on Monday.
PitchBook Data is a company that provides data and research on mergers and acquisitions, VCs and private equity funds.
In the ranking of undergraduate programs, Tel Aviv University was ranked seventh, one place higher than four years ago when it ranked eighth. The Technion-Israel Institute of Technology dropped three places from 12th to 15th place. The Hebrew University of Jerusalem was ranked 31st for the second year in a row. Reichman University (formerly IDC) was a newcomer to the list, ranked 38th, and Ben-Gurion University of the Negev dropped to 45th, a drop from 2021.
Stanford University, University of California, Berkeley, and Harvard University took the first, second, and third places, respectively, and the Massachusetts Institute of Technology (MIT) and the University of Pennsylvania took the top five places, all with their respective rankings. from 2021.
The majority (43) of universities in the top 50 rankings were North American, including a handful of Canadian universities such as McGill and the University of Toronto. Oxford University in the 47th place of the European continent and Beijing Tsinghua University in the 36th place, in addition to five Israeli universities, were two outliers.
For this ranking, PitchBook tracked the founders of companies that received the first round of venture capital between January 1, 2012 and October 21, 2022, and processed educational data from more than 140,000 founders. PitchBook said in a statement that all rankings are based on data from that time period only. Previous studies looked at data from 2006.
This year, Pitchbook also included graduate degree holders in its alumni rankings, whereas previously the study only tracked founders with an MBA. The company also said it expanded the lists to include more schools and improved the accuracy of its data by tagging founders who attend US-based public universities on their specific campuses rather than the university system as a whole.
According to Pitchbook data, undergraduate programs at Tel Aviv University have helped create 814 graduates who have launched 677 companies and raised a total of $26.5 billion in the period between January 1, 2012 and October 21, 2022. Companies like retail tech firm Trax, which has so far raised more than $1 billion in funding, and Fireblocks, a blockchain fintech company that has raised a similar amount since founding in 2018.
Undergraduate programs at the Technion have created 576 founders with 493 companies, including payroll company Deel and artificial intelligence startup Gong. Technion-educated founders raised $17.7 billion in the specified time frame, according to PitchBook.
Hebrew University of Jerusalem programs have produced 412 founders who have launched 361 companies (including cybersecurity unicorns Wiz and Cybereason) and raised a total of $12.4 billion.
Ranked 38th on the list this year, Reichman University saw 350 of its undergraduates found 293 companies that raised $8.7 billion. Companies founded by Reichman alumni include AI transcription company Verbit and customer management company Honeybook.
Last among Israeli universities in the top 50 was Ben-Gurion University, which according to the data produced 292 founders who launched 259 companies (e.g., logistics technology company Fabric, human resources technology company Hibob and Vayyar Semiconductor Company). and attracted 8.5 billion dollars.
Bar-Ilan University, with 203 entrepreneurs who have founded 188 companies, was included in the list of undergraduate majors and was ranked 71 out of 100 majors.
Among the top 100 graduate programs that attracted entrepreneurs, Stanford University was ranked first, followed by Harvard and MIT.
Tel Aviv University and its graduate programs ranked 14th on this list, Hebrew University 32nd and Technion 36th among the top 50 universities. Bar Ilan University ranked 72nd and Ben Gurion University ranked 78th. The Weizmann Institute of Science was ranked 97th for graduate programs.
In a ranking of the top 50 undergraduate programs for female founders, Tel Aviv University ranked 20th and Hebrew University ranked 45th. Israeli companies founded or co-founded by female entrepreneurs who studied at TAU include business management software company Honeybook and cybersecurity foundry Team8, while companies with graduate degrees from the Hebrew University include online course provider Coursera and cyber insurance company At-Bay are
In a ranking of the top 50 graduate programs for female founders, Tel Aviv University ranked highest among Israeli universities, at 23rd, followed by the Hebrew University at 29th, the Technion at 44th, and the Weizmann Institute at 50th, with Purdue is placed University, California Institute of Technology, University College London and University of Maryland.
Stanford, Harvard and MIT ranked first, second and third respectively