Waterloo does well in PitchBook entrepreneurial rankings

The following is re-posted from Waterloo’s Daily Bulletin website.  Interesting statistics for those who are interested in entrepreneurship.

Ranking season is upon us as organizations have begun publishing their annual listing of international universities.

The PitchBook 2017/2018 Universities Report is the latest to be released. PitchBook compiles a ranking of the world’s top 50 universities that produce venture capitalist-backed entrepreneurs.

This year, the University of Waterloo is ranked #20 in the world for the number of VC-banked entrepreneurs, and is the highest-ranked Canadian university, with the University of Toronto coming in at #31, McGill University at #32, the University of British Columbia at #49 and Queen’s University at #50. This measure ranks universities by most prolific producers of entrepreneurs with venture capital banking and includes companies that received a first round of venture funding between January 1, 2006 and August 18, 2017. Waterloo counted 390 entrepreneurs and 299 companies raising $7.06B. Waterloo’s rank remains unchanged from last year.

In the category of top universities for “unicorns,” or the number of entrepreneurs founding companies that are valued privately at $1B or more, Waterloo is tied for fourth place (and again, #1 in Canada), with only Stanford, Harvard, and Cornell ahead of us. Waterloo is tied with the University of California at Berkeley. Waterloo’s top unicorns included Wish, Pivotal Software, Kuadi Dache, Instacart, and Storm8. Waterloo moved to fourth place from sixth place last year.

In the category of top companies by capital raised, Waterloo is ranked #20 (1st in Canada), the same rank it achieved last year. Waterloo-connected companies listed in the ranking included Wish; Pivotal Software; Kuaidi Dache; Instacart; and Storm8.

Source: Tuesday, September 12, 2017 | Daily Bulletin | University of Waterloo

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