Carnegie Mellon University

Project Olympus notable numbers*

1,370 Project Olympus Startup Projects

>> started by CMU Students, Staff, Faculty:
1,274 Indirect [IP owned by startup]
92 Direct [IP owned by CMU]

246 companies formed

>> from Project Olympus Startup Projects:
196 Indirect [IP owned by startup]
50 Direct [IP owned by CMU]

$803,656,352 in follow-on funding

>> directly to Project Olympus Startup Projects:
$754+ Million from Investments
$42+ Million from non-dilutive Grants
$6.5+ Million from winning Awards and Competitions

92 accepted

>> into local and national accelerators

20 Exits

>> See below

*since Project Olympus started in January 2007
Aktiv Learning was acquired by Top Hat: December 2022

Rapid Flow Technologies was acquired by Miovision: October 2022

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Roadbotics, Inc. was acquired by Michelin: July 2022

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Vigilant Technologies (VIT) was acquired by SWORD Health: October 2021


Duolingo went public in July, 2021, trading under the ticker symbol DUOL


Root Health was acquired by Eligo Health Research: June 2021


Wise Telemetry was acquired by Otodata Technologies USA: April 2021


Hyliion was acquired by Tortoise: October 2020


eeme was acquired by Tendril: January 2019


Traansmission was acquired by ShipLync: April 2017

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FacioMetrics was acquired by Facebook: November 16, 2016

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Activaided was acquired by Elizur Corporation: September 15, 2016
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ConnectWith was acquired by Newton Consulting: May, 2016
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Safaba was acquired by Amazon: September 25, 2015
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Tunessence was acquired by Hal Leonard: May 1, 2015.

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Lightside Labs was acquired by Turnitin: October 7, 2014
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LearnBop was acquired by K12: August 4, 2014
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CareerImp was acquired by PDN: July 17, 2012
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Black Locus was acquired by Home Depot: December 17, 2012

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ReCaptcha was acquired by Google: September 9, 2009
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