Carnegie Mellon University

Project Olympus notable numbers*

1,148 Project Olympus Startup Projects

>> started by CMU Students, Staff, Faculty:
1,068 Indirect [IP owned by startup]
80 Direct [IP owned by CMU]

240 companies formed

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

$698,785,171 in follow-on funding

>> directly to Project Olympus Startup Projects:
$660+ Million from Investments
$34+ Million from non-dilutive Grants
$3.7+ Million from winning Awards and Competitions

82 accepted

>> into local and national accelerators

17 Exits

>> See below

*since Project Olympus started in January 2007

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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