Colleges that earned female founders over $1 million for startups - Business Insider

To date, there have been some 6,940 female company founders whose businesses have received more than $1 million in funding, according to research by UK business banking app Tide. A number of these successful female founders have graduated from a cluster of top schools in the US. Here are the top 10 US universities that have graduated the most female founders who've raised over $1 million, including MIT and Stanford University. Visit Business Insider's homepage for more stories.

The state of women in the venture capital world is far from perfect.In 2019, female-founded companies only got 2.7% of VC funding, for a total of $3.54 billion, according to PitchBook. That's less than one company, WeWork, got during the same period, Fortune points out. WeWork received at least $5 billion. And yet, women are entering entrepreneurship at a high rate. From 2018 to 2019, women started an average of 1,817 new businesses per day in the US and now represent 42% of nearly 13 million businesses overall. Women of color, in particular, are leading the way. They started 89% (1,625) of the new businesses opened every day from 2018 to 2019, according to the annual State of Women-Owned Businesses Report. To date, there have been some 6,940 female company founders whose businesses have received more than $1 million in funding, according to Tide, a UK business banking app based that provides financial services for small and medium-sized enterprises. Using data from Crunchbase, a platform for finding business information, researchers sought to find out where these successful female entrepreneurs were graduating from. Not surprisingly, many that made the list are prestigious Ivy-league schools. In total, these female entrepreneurs have raised over $1 billion in funding.Here are the 10 colleges that have graduated the most female founders who've raised over $1 million.