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New rankings spotlight IU’s successful track record in producing entrepreneurs

Posted on November 4, 2022 by Ryan Piurek

IU Ventures Fellows
New rankings from PitchBook spotlight Indiana University’s continued leadership in educating and helping to advance the business ideas and startups of student entrepreneurs. Pictured above are members of the inaugural class of IU Ventures Fellows, who are learning about the world of venture capital through educational and experiential learning programming.

Newly released rankings reflect Indiana University’s continuing leadership in educating student entrepreneurs and supporting them as they develop, launch and nurture new business ideas and startups.

IU ranks 46th in the 2022 PitchBook university rankings for undergraduate programs, which compare public and private colleges and universities around the world by counting the number of alumni entrepreneurs who have founded venture capital-backed companies. When only analyzing undergraduate programs at public universities, IU ranks 27th overall and 22nd in the region of North America.

PitchBook is a leading resource for comprehensive data, research and insights spanning the global capital markets. Its undergraduate and graduate rankings are based on an analysis of more than 144,000 VC-backed founders.

Tony Armstrong
IU Ventures President and CEO Tony Armstrong

IU’s 46th place ranking in the undergraduate rankings was based on its 291 founders who received a first round of venture capital funding between Jan. 1, 2012, and Oct. 21, 2022. During this time, the IU founders received $5 billion in funding. Pitchbook also did a separate ranking for worldwide graduate programs, in which IU tied for 69th place.

“Rankings provide only one measure of success, of course, but the Pitchbook analysis suggests that IU’s investments in student entrepreneurship and innovation are having a substantial positive impact,” said Tony Armstrong, president and CEO of IU Ventures, IU’s early-stage venture and angel investment arm. “These rankings spotlight IU’s globally competitive track record in producing startup company founders, who we know will continue to drive the creation of high-quality jobs for Hoosiers and the overall successful development of Indiana’s innovation economy.”

See the full list and an analysis of the rankings.

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Filed under: Alumni, Economic Development, Engagement, Entrepreneurship, IU Ventures, Statewide Engagement, Students, Workforce DevelopmentTagged entrepreneurship, Innovation, IU Ventures, PitchBook, rankings, startups, student entrepreneurs, Tony Armstrong

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