Five Israeli universities are among the top 50 institutions that have produced the most venture capital-backed companies.
The annual university rankings compare schools by listing more than 144,000 alumni entrepreneurs.
Outside of North America, which had more than 70 universities on the list, Tel Aviv University and the Technion, both in Israel, were among the top-ranked undergraduate programs.
Tel Aviv University ranked 7th (814 founders of venture capital-backed companies) and Technion ranked 15th (576 founders). Also, the Hebrew University of Jerusalem (31st and 412 founders), Ben Gurion University (45th and 292 founders).
Reichman University was included in the ranking for the first time, in 38th place with 350 founders. Bar-Ilan University also made the list, in 71st place with 203 founders.
Overall, Stanford University, University of California at Berkeley and Harvard University ranked first, second and third respectively. The Massachusetts Institute of Technology (MIT) and the University of Pennsylvania round out the top five – and have all retained their respective ranks as of 2021.
The annual rankings were compiled by Pitchbook, a company that provides data and research on mergers and acquisitions, as well as venture capital and private equity funds.
Its rankings are broken down into four categories of founders: undergraduate, graduate, undergraduate founder, and graduate founder.
According to his data, alumni who attended universities with more than 30,000 students (as undergraduates) produced the most venture capital-backed companies and raised the most capital.
He also found that although public universities make up the majority of rankings and produce more founders, private schools like Harvard and Stanford tend to dominate the top of the lists. Founders who attended a private university raised a disproportionately higher share of capital.