Tel Aviv University (TAU) has been ranked seventh worldwide and first outside the US in the 2024 Pitchbook Ranking for global entrepreneurship.
The annual ranking, published by renowned business data research company Pitchbook, tracks startups raising capital in the US, using the number of entrepreneurs among an institution’s alumni to compile the top 50 universities.
TAU says the achievement was driven by 893 alumni with bachelor’s degrees who have founded 755 companies over the past decade, raising $29.8 billion in total capital.
While TAU joins world-famous US universities such as Stanford, MIT and Harvard in the top 10, it places higher than Yale, Columbia and Princeton, who were ranked 11th, 13th and 14th respectively.
Pitchbook singled out three companies founded by TAU alumni that have each raised over $1 billion: Generate ($4.3 billion); Lendbuzz ($1.2 billion); and Next Insurance ($1.1 billion).
“TAU continues to be Israel’s main entrepreneurial university and a global leader in producing alumni who become entrepreneurs, found companies, raise venture capital and drive economic progress,” said Prof. Moshe Zviran, the university’s Chief Entrepreneurship & Innovation Officer.
“TAU’s 7th place in the Pitchbook ranking is another testament to the exceptional quality of our alumni and the impact of our entrepreneurial ecosystem on campus, which actively promotes this mindset,” he said.
Three other Israeli universities made the list: the Technion – Israel School of Technology in Haifa, which was ranked 16th; the Hebrew University of Jerusalem, which was ranked 30th; and Ben-Gurion University of the Negev, which was ranked 47th.
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