StartX Celebrates 10 Years Helping Stanford’s Top Tech and Medical Entrepreneurs Solve Real-World Problems
Special 10th Anniversary Campus Demo Day Expo at Stanford University to Feature Professor and Alumni Startup Founders Showcasing Med Devices, IoT, Biotech, VR,AI, and Social Impact Innovations Coming Out of Startx
StartX is a non-profit organization advancing the development of Stanford’s top entrepreneurs through experiential education, access to thousands of VCs and Investors, and a Who’s Who of Industry leaders and serial entrepreneurs providing mentorship. The founder community consists of a diverse mix of 1300+ well-funded Growth-Stage Founders, tenured Stanford Professor Founders, and highly successful Stanford Alumni Founders.
Collectively, StartX companies have raised $7.9 billion in funding with a combined valuation of more than $19 billion to date.
Startups Corporate Innovation program helps global corporations quickly test market-ready technology from Stanford alumni founders through structured co-creation and pilot programs.
For medical tech founders homegrown at Stanford, having intimate access to domain experts and care environment has been fundamental to their success.
Ranked as a number one accelerator nationally by MIT’s Seed Accelerator Rankings Project, StartX venture-funded companies have a 93% survival and acquisition rate in a wide range of industries from consumer Internet and retail products to enterprise software, biotechnology, and medical devices. StartX and StartX Med, the medical entrepreneurial vertical, includes accomplished founders ranging from undergraduates and masters students to postdocs, professors and Stanford alumni being mentored by top Silicon Valley industry leaders. Applications for the Spring
The 2020 cohort is now open. Founders can apply here.
StartX, a non-profit startup community of more than 1300 Stanford alumni and faculty founders, will celebrate 10 years of supporting Stanford’s top entrepreneurs with a special 10th Anniversary campus Demo Day Expo on September 29, 2019 from 12:30 to 4:30pm in the Stanford Graduate School of Business CEMEX Auditorium. Founders will showcase everything from the latest medical breakthroughs and FDA approved products coming out of StartX Med, to StartX company demos of digital applications, AI, virtual reality products and social Impact Innovations for campus
members attending the event.
StartX has proven that as a non-profit, it can create an ecosystem that empowers the Stanford community to mentor successful entrepreneurs, who in turn contribute to society through groundbreaking technology and medical innovation stated Jerry Yang, Stanford Board of Trustees Member and Co-Founder Yahoo. StartX not only has energized Stanford students and alumni but also over 50 tenure-track Stanford faculty as well. It’s Inspiring to see how Startx and the Stanford entrepreneurship ecosystem continue to grow while remaining true to its mission of taking no equity from its entrepreneurs.
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Founded by Cameron Teitelman in 2009 as a student-run organization, StartX has grown to be a self-sustaining, professionally-led organization with a mix of highly Successful serial entrepreneurs, Professor-in-Residence founders and industry leading Stanford alumni founders building companies to solve real-world problems
Located down the street from the Stanford University campus is the StartX campus where approximately 700 companies got their start and now have a combined valuation in excess of $19 billion. Among the many innovative brands to emerge from the StartX community are Arterys, Branch, Eko, Genapsys, Kodiak Sciences, (IPO), Life360 (IPO), Ume, Patreon, Poynt and hundreds more.
“It has been humbling to see the growth of the StartX community over the past to more than 1300 startup founders starting with my time as a Junior
working out of Old Union, whiteboarding the strategy and supporting our first team,” said StartX Founder and Chairman, Cameron Teitelman “our
hypothesis-that our strength would come from a self-supporting community of founders helping each other has played out better than I could have imagined.
StartX founders are making a huge impact across so many industries, thanks to the tremendous support from the Stanford community, Stanford Administration and our network of Silicon Valley’s top founders and Industry leaders volunteering their time to serve as mentors.”
StartX continues to be a unique startup community compared to accelerators and incubators and does not take equity In companies for admittance Into Its programs across campus, 54 tenured professors at Stanford have taken their own a separate non-profit organization. In addition to working with various departments.
What’s more, the University is able to avoid IP ownership conflicts because Startx Is entrepreneurial startups to market as StartX founders.
John Hennessy, Stanford’s 10th President 2000-2016 Chair of Alphabet,
and Director of Knight-Hennessy Scholars congratulated StartX on a decade of growth, stating, “StartX has shown impressive, measured success throughout its 10-year history and continues to add value to the Stanford entrepreneurial community through collective intelligence and a proven platform of trusted experiential education for Stanford alumni, faculty and students. We congratulate the StartX community on this 10th Anniversary celebrating entrepreneurship at Stanford.”
StartX is fortunate to have the incredible support of Silicon Valley’s tech industry leaders in its mentor program, including founders and executives from Facebook, Google, LinkedIn, Sun Microsystems, Oracle, Twitter, Yahoo and more, providing coaching and tech advice alongside tenured Stanford professors. Additionally StartX startups on average raise approximately $11M in funding and on growing through access to StartX’s network of Silicon Valley’s top investors and venture capital firms.
This is a community with all the supports to bring founder visions to life, including mentorship from top Industry leaders, access to capital, and tapping into one of the most powerful and innovative networks in the world, the Stanford University alumni entrepreneurship network,” said Joseph Huang, StartX CEO.
Huang, a Stanford alumni, also founded his company, WifiSLAM, at StartX-which was acquired by Apple for $20M in 2013. Like all founders in the community, Huang gives back to future founders by supporting the educational environment through mentorship. He also
donates his StartX CEO salary back to the organization annually.
In addition to top tech entrepreneurs coming out of Stanford, Startx Med
entrepreneurial scientists are changing the world with medical breakthroughs successful life-saving research trials, including an average of more than six FDA approvals per year.
Working alongside other StartX founders, StartX Med offers
specialized resources including wet/dry lab space, clean rooms and access to millions of dollars’ worth of lab equipment, as well as instruction on med-tech IP and the FDA approval process.
