14.3%
80.9%
| Current Status | Number of Companies |
|---|---|
| Active | 499 |
| Acquired | 30 |
| No Longer Active | 88 |
MassChallenge has supported 617 companies from all around the world. A unique characteristic of MassChallenge is that we work with startups in any industry, which means that our companies all have grown and raised funding at different paces. In fact, of our 30 companies who have been acquired, 22 are high tech companies. We have learned at MassChallenge that some companies, such as our web and mobile startups, are able to raise funding and achieve an exit quick. Other companies, such as Life Science/Healthcare and Energy & Clean Tech, take much longer to produce a proof of concept, raise funding and reach scale.
With the most recent metrics, we wanted to dig deeper in our data and see what companies are raising the most funding. As you can see in the chart below, the highest-raising companies on average are in the Transportation and Logistics industry, such as Relay Rides (MC’10) and Zagster (MC’12). The second highest industry are Energy Generation companies such as Ubiquitous Energy (MC’11) and 7AC Technologies (MC’10). This chart shows how each industry preforms in terms of funding raised to date:
For a bit more insight, here is a list of some of our alumni who have raised some of the highest amounts of funding to date:
| Company Name | Class | Industry | Funding Raised |
|---|---|---|---|
| 7AC Technologies | 2010 | Energy & Clean Tech – Energy generation | $11,100,000 |
| Altaeros Energies | 2010 | Energy & Clean Tech – Energy generation | $7,000,000 |
| CoachUp | 2012 | High Tech – Online commerce & marketplaces | $9,400,000 |
| EverTrue | 2011 | High Tech – Web & mobile | $14,500,000 |
| FloDesign Sonics | 2010 | Energy & Clean Tech – Water treatment | $10,600,000 |
| Getable | 2010 | High Tech – Online commerce & marketplaces | $10,800,000 |
| Ginger.io | 2011 | Life Science/Healthcare – Healthcare IT | $28,200,000 |
| Handy | 2012 | High Tech – Gaming & consumer | $60,700,000 |
| iSpecimen Inc. | 2012 | Life Science/Healthcare – Healthcare IT | $10,000,000 |
| Localytics | 2010 | High Tech – Enterprise software | $58,100,000 |
| peerTransfer | 2010 | High Tech – Financial Technology | $43,200,000 |
| Qstream | 2011 | High Tech – Web & mobile | $8,900,000 |
| RelayRides | 2010 | General – Transportation & logistics | $62,500,000 |
| Sample6 Technologies | 2010 | Life Science/Healthcare – Therapeutics & delivery | $14,800,000 |
| Ubiquitous Energy | 2011 | Energy & Clean Tech – Energy generation | $7,800,000 |
For even more insight into this most updated MassChallenge alumni metrics, take a look at our interactive metrics dashboard.