Carnegie Mellon University

Project Olympus notable numbers*

1,208 Project Olympus Startup Projects

>> started by CMU Students, Staff, Faculty:
1,127 Indirect [IP owned by startup]
81 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]

$765,398,247 in follow-on funding

>> directly to Project Olympus Startup Projects:
$720+ Million from Investments
$39+ Million from non-dilutive Grants
$5.4+ Million from winning Awards and Competitions

88 accepted

>> into local and national accelerators

18 Exits

>> See below

*since Project Olympus started in January 2007

Roadbotics, Inc. was acquired by Michelin: July 2022.

roadbotics.jpeg         michelin.png

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

sword.jpeg

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

duo.jpeg

Root Health was acquired by Eligo Health Research: June 2021.

root-health.pngeligo.png    

Wise Telemetry was acquired by Otodata Technologies USA: April 2021.

wise-telemetry-logo-full.pngoto.png    

Hyliion was acquired by Tortoise: October 2020.

hyliion.pngtortoise.jpeg    

eeme was acquired by Tendril: January 2019.

eeme.jpgtendril.png    

Traansmission was acquired by ShipLync: April 2017.

traansmission logofacebook logo    

FacioMetrics was acquired by Facebook: November 16, 2016.

faciometrics logofacebook logo    

Activaided was acquired by Elizur Corporation: September 15, 2016.
ActivAided logoElizur logo
ConnectWith was acquired by Newton Consulting: May, 2016.
connectwith logonewton logo
Safaba was acquired by Amazon: September 25, 2015.
safaba logoamazon logo
Tunessence was acquired by Hal Leonard: May 1, 2015.

tunesssence logohal lenard logo

Lightside Labs was acquired by Turnitin: October 7, 2014.
light side labs logoturnitin logo
LearnBop was acquired by K12: August 4, 2014.
learn bop logok12 logo
CareerImp was acquired by PDN: July 17, 2012.
careerimp logopdn logo

Black Locus was acquired by Home Depot: December 17, 2012.

black locus logohome depot logo

ReCaptcha was acquired by Google: September 9, 2009.
recaptcha logogoogle logo