Without Stanford University’s culture of interdisciplinary collaboration, Lucia Huang would not have met its co-founder.
Huang, of the 2020 Stanford Graduate School of Business, met Stanford Medicine nominee Jimmy Chian in a co-ed class with students from the university’s acclaimed business, medical, and engineering schools. They shared their mutual dissatisfaction with the lack of innovation in mental health, despite the fact that depression is the number one cause of disability worldwide. So they decided to work on solving the problem.
Together they founded Osmind An electronic health record program for mental health service providers that helps manage, monitor and analyze the use of innovative psychotherapies and medications. The company has raised $57.2 million in four funding rounds since its founding two years ago, and it ranks 21st on our annual list of the Best MBA Startups. It is one of 26 companies on this year’s list with a founder or co-founder.
“With our collective backgrounds in science, medicine, and healthcare, and our personal passion and investment in improving mental health for all, we recognized that mental health was way too late to innovate,” Huang says. Poets and chemists.
Stanford University excels in supporting entrepreneurship. Healthcare is a complex industry, where collaboration with multidisciplinary team members is critical. Stanford University does a great job of encouraging cross-pollination across the different schools and facilitating communications.”
Starting P&Q’S TOP MBA 2022
As we have done every year since 2014, Poets and chemists Startups asked the world’s best MBA programs to compile a list based on a single metric: how much funding a startup has raised, and an easily accessible comparison. (See the 2021 list here.)
To qualify for this year’s list, a startup must have been incorporated between January 1, 2017 and December 31, 2021, and must have had at least one MBA founder within the same time frame. Poets and chemists Request nominations from top business schools and audited numbers on Crunchbase.com. Figures verified at the time of reporting were used to compile the list.
The start-up value of the INSEAD MBA program has increased by more than $1 billion
It takes some effort to get Stanford University out of the top spot for the highest funded MBA startup. Since we started the list in 2014, the top founders of the Stanford MBA have come in every year except for two (and a half) years. in 2018, MBA from Harvard Business School Charles Barron and Amol Deshpande It ranked first with their company, Farmer’s Business Network, which raised $193.9 million. The Wharton School MBA by William Shaw and Greg Orlovsky She topped the list in 2017 with Deliveroo, raising $474.6 million. And in 2014, the first place was shared by Founders Harvard and Stanford MBA from Wildfire.
This year, Gorillas is the largest MBA-funded startup, a company he co-founded INSEAD MBA Sukru Dagdelen, with a really staggering number: $1.335 billion.
It’s the second-highest amount ever for an MBA startup since we compiled the list — trailing 2016’s Sofi by nearly $300,000. It’s also a remarkable rise for a French business school whose startups Forecast and Zenyum were top ranked last year, ranking 42 with $15.1 million in funding each.
Gorillas is an on-demand grocery delivery service that promises to deliver food to your home within 10 minutes of ordering from the app. It raised $1 billion in a Series C round with 18 investors in October 2021. It has raised four funding rounds since its founding in 2020, with the second largest round in March 2021 at $290 million, according to Crunchbase. It differs from other food delivery pioneers in that it uses “commuters” – full-time employees with the perks of delivering groceries on bikes in mostly European metro areas.
At seven, INSEAD also had more MBA startups than any other international business school on this year’s list.
INSEAD started as an entrepreneurial venture and has grown into an internationally recognized business school in the world. More than 50% of the school’s MBA graduates become entrepreneurs or engage in entrepreneurial activities during their careers – it’s built into our DNA,” Professor Peter Zimsky, Vice Dean and Dean of Innovation, told Poets & Quants.
“We select outstanding business students who have demonstrated their ability to manage across cultures and diversity. It turns out that this has allowed us to attract high-level talent who are also a very impressive and successful group of entrepreneurs.”
The next page: Harvard, Stanford still rule the startup group