12) University of Southern California
Number of unicorns founded: 3
Top 3 companies: Box, Lookout, Instacart
VC capital raised: $1.11 billion
11) Princeton University
Number of unicorns founded: 3
Top 3 companies: AppNexus, Docker, Akamai Technologies
VC capital raised: $581 million
10) Dartmouth College
Number of unicorns founded: 4
Top 3 companies: Funding Circle, OnDeck, New Relic
VC capital raised: $831 million
9) Brown University
Number of unicorns founded: 4
Top 3 companies: MongoDB, Funding Circle, JAND
VC capital raised: $1.01 billion
8) University of Waterloo
Number of unicorns founded: 4
Top 3 companies: Hangzhou Kuaidi Technology, ContextLogic, Instacart
VC capital raised: $1.62 billion
7) Brigham Young University
Number of unicorns founded: 4
Top 3 companies: Qualtrics, Pluralsight, Insidesales.com
VC capital raised: $783 million
6) University of Michigan
Number of unicorns founded: 4
Top 3 companies: Groupon, Medallia, Twilio
VC capital raised: $1.82 billion
5) MIT
Number of unicorns founded: 5
Top 3 companies: Dropbox, A123 Systems, Oscar Health Insurance
VC capital raised: $1.66 billion
4) Cornell University
Number of unicorns founded: 5
Top 3 companies: Lyft, Moderna, Wayfair
VC capital raised: $2.47 billion
3) UC Berkeley
Number of unicorns founded: 6
Top 3 companies: Cloudera, Calient Technologies, Machine Zone
VC capital raised: $2.50 billion
2) Harvard University
Number of unicorns founded: 9
Top 3 companies: Facebook, Cloudera, Zenefits
VC capital raised: $5.2 billion
1) Stanford University
Number of unicorns founded: 10
Top 3 companies: Palantir Technologies, Snapchat, AliphCom
VC capital raised: $4.92 billion