• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Top 10 MBA startups

By
Fortune Editors
Fortune Editors
,
Brett Krasnove
Brett Krasnove
and
Brett Krasnove
Brett Krasnove
Down Arrow Button Icon
By
Fortune Editors
Fortune Editors
,
Brett Krasnove
Brett Krasnove
and
Brett Krasnove
Brett Krasnove
Down Arrow Button Icon
November 18, 2013, 1:43 PM ET

Wildfire Interactive

Wildfire Interactive

Founded in 2008 by Stanford MBA Alain Chuard and Harvard MBA Victoria Ransom, this social media marketing software company was acquired by Google last year for a reported $350 million, plus $100 million in retention bonuses.

Founded in 2008 by Stanford MBA Alain Chuard and Harvard MBA Victoria Ransom, this social media marketing software company was acquired by Google last year for a reported $350 million, plus $100 million in retention bonuses.

Viku

Viku

A class project of co-founders from both Stanford and Harvard, this video streaming startup based in Singapore attracted smart money from LinkedIn co-founder Reid Hoffman and Singapore entrepreneur Joichi Ito. It is being acquired by Japan-based Rakuten for a reported $200 million.

A class project of co-founders from both Stanford and Harvard, this video streaming startup based in Singapore attracted smart money from LinkedIn co-founder Reid Hoffman and Singapore entrepreneur Joichi Ito. It is being acquired by Japan-based Rakuten for a reported $200 million.

Skybox Imaging

Skybox Imaging

As a Stanford MBA student, John Fenwick popped into the university's engineering school and asked a professor to bring him the sharpest person there. That's how he met the future co-founders of this startup that is commercializing space imaging with a budget satellite fleet. Skybox has gotten $91 million in funding.

As a Stanford MBA student, John Fenwick popped into the university's engineering school and asked a professor to bring him the sharpest person there. That's how he met the future co-founders of this startup that is commercializing space imaging with a budget satellite fleet. Skybox has gotten $91 million in funding.

Karma Science

Karma Science

Launched in 2011 by Stanford MBA Ben Lewis and Michigan Ross MBA Lee Linden, Karma created a model for person-to-person gifting via mobile devices in real-time. The company was acquired by Facebook last year for a reported $80 million.

Launched in 2011 by Stanford MBA Ben Lewis and Michigan Ross MBA Lee Linden, Karma created a model for person-to-person gifting via mobile devices in real-time. The company was acquired by Facebook last year for a reported $80 million.

Okta

Okta

Backed by $79.3 million in angel and venture capital funding, this identity and access management startup was founded in 2009 by MIT Sloan MBA Frederick Kerrest and former salesforce.com colleague Todd McKinnon. Kerrest earned his MBA on a Saturday in 2009 and the following Monday he was working full-time in Okta's first office in San Francisco.

Backed by $79.3 million in angel and venture capital funding, this identity and access management startup was founded in 2009 by MIT Sloan MBA Frederick Kerrest and former salesforce.com colleague Todd McKinnon. Kerrest earned his MBA on a Saturday in 2009 and the following Monday he was working full-time in Okta's first office in San Francisco.

SoFi

Stanford MBA James Finnigan connected with a trio of Sloan Fellows at the university to launch this student loan lending platform that has attracted $77.2 million in funding to bring offer loans and refinancing for MBAs and other grad students.

Locu

Locu

This online advertising startup was formed in 2011 by MIT Sloan MBAs Rene Reinsberg and Marc Piette and a couple of engineering savvy co-founders. It quickly signed up more than 30,000 restaurants, spas, salons and other companies to promote their businesses online. Locu was acquired this past August by Go Daddy for a reported $70 million.

This online advertising startup was formed in 2011 by MIT Sloan MBAs Rene Reinsberg and Marc Piette and a couple of engineering savvy co-founders. It quickly signed up more than 30,000 restaurants, spas, salons and other companies to promote their businesses online. Locu was acquired this past August by GoDaddy for a reported $70 million.

Counsyl

Counsyl

Founded in 2008 in a Stanford dorm room, this startup came up with a simple, saliva-based test for more than 100 serious genetic diseases from cystic fibrosis to sickle cell. Stanford MBA Ramji Srinivasan, now CEO and one of three co-founders, has raised $60.2 million in venture funding for the company.

Founded in 2008 in a Stanford dorm room, this startup came up with a simple, saliva-based test for more than 100 serious genetic diseases from cystic fibrosis to sickle cell. Stanford MBA Ramji Srinivasan, now CEO and one of three co-founders, has raised $60.2 million in venture funding for the company.

Warby Parker

Warby Parker

Wharton MBAs David Gilboa and Neil Blumenthal came up with the idea to create a lifestyle brand of eyeglasses, using their classmates to help them establish pricing and even come up with the company name, a hybrid of Jack Kerouac characters. Warby Parker now has $55 million in funding, including an investment from a marketing prof who still helps out with customer analysis.

Rent The Runway

RenttheRunway.com

Rent the Runway lets you rent designer dresses and accessories for four or eight days. You receive two sizes to ensure the dress fits, and Rent the Runway will handle dry-cleaning. The startup has 3 million members and $32 million in venture capital funding from Bain Capital Ventures, Highland Capital, and Kleiner Perkins.

Harvard MBAs Jennifer Hyman and Jennifer Fleiss founded this e-commerce startup in 2009 with the idea to bring runway fashion to the masses via mail order. So far, they've racked up $54.4 million in funding from outside investors.

About the Authors
Fortune Editors
By Fortune Editors
See full bioRight Arrow Button Icon
By Brett Krasnove
See full bioRight Arrow Button Icon
By Brett Krasnove
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.