List Of Companies Founded By University Of Pennsylvania Alumni
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List Of Companies Founded By University Of Pennsylvania Alumni
This is a list of companies founded by University of Pennsylvania alumni, including attendees who enrolled in degree-programs at University of Pennsylvania (UPenn) but did not eventually graduate. This list is not exhaustive, as it only includes notable companies of which the founding and development history is well recorded by reliable sources. In particular, subsidiaries are listed with their owners in parentheses. University of Pennsylvania is a highly entrepreneurial university and its alumni have founded a variety of companies. According to PitchBook, from 2006 to 2017, UPenn produced 788 company founders as alumni or current students, creating 712 companies, fifth most among all universities in the world. In this list, founders of a company which merged with other companies to form a new company are counted as founders of the new company. However, founders of a company which later dissolved into several successor companies are ''not'' counted as founders of those successor ...
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University Of Pennsylvania
The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universities by numerous organizations and scholars. While the university dates its founding to 1740, it was created by Benjamin Franklin and other Philadelphia citizens in 1749. It is a member of the Ivy League. The university has four undergraduate schools as well as twelve graduate and professional schools. Schools enrolling undergraduates include the College of Arts and Sciences, the School of Engineering and Applied Science, the Wharton School, and the School of Nursing. Among its highly ranked graduate schools are its law school, whose first professor wrote the first draft of the United States Constitution, its medical school, the first in North America, and Wharton, the first collegiate business school. Penn's endowment is US$20.7 billio ...
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Reynolds Securities
Reynolds Securities was a publicly traded brokerage firm. Founded in 1931 by Richard S. Reynolds, Jr., the firm merged with Dean Witter & Co. to form Dean Witter Reynolds Organization Inc. in 1978, which was then the biggest merger in the history of Wall Street. The firm's tagline, "We work for a world of investors. One at a time." was adapted to "We measure success one investor at a time" and was used by Dean Witter and later Morgan Stanley. History Reynolds & Company was founded in 1931 in New York City by Richard S. Reynolds, Jr., a 22-year-old tobacco heir, together with Charles H. Babcock and Thomas F. Staley. In particular, Thomas F. Staley was Reynolds’ cousin (the grandson of Major D. Reynolds, an older brother of R.J. Reynolds). In 1951, another senior partner, John D. Baker, joined the company. Richard S. Reynolds' father Richard S. Reynolds, Sr. founded U.S. Foil Company, later Reynolds Metals (Reynolds wrap), and his great uncle was the founder of R. J. Rey ...
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Stringr
Stringr is an American videography digital marketplace company linking media organizations and freelance videographers (or stringers) based in New York City. Stringr's product WeatherGen, is an on-demand AI-powered weather forecast video generator which transforms the way weather reports are produced. History Stringr was founded in November 2013 by Wharton graduates Lindsay Stewart (CEO) and Brian McNeill (COO). It was developed as part of the San Francisco-based startup accelerator, Matter. By September 2014, the company had raised $550,000 from various angel investors. Stringr's mobile app initially launched in San Diego and was in 10 markets by March 2015. In December 2015, the company raised $1.5 million in a funding round led by Matter, Signia Ventures, and Founder.org. By July 2016, the platform was available in 200 U.S. markets with several media partners, including '' The Washington Post'' and Associated Press. In October 2018, Stringr closed a $1-million fundi ...
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Luxe (company)
5ecret 5tar Inc, doing business as Luxe, was a business that developed, marketed and operated the Luxe mobile app, an on-demand parking and car services mobile application. Using Luxe, customers could submit a request to have their car parked, fueled, washed, charged, serviced or driven home by the company's valets. Luxe was acquired by Volvo Cars in September 2017. Overview Luxe was founded as Luxe Valet in 2013, by Curtis Lee and Craig Martin, former colleagues at Zynga. The app and service was launched the following October. Luxe is headquartered in San Francisco, California. In the 12 months between the first two rounds of funding, the company grew to 6 business markets San Francisco, Seattle, New York City, Austin, Chicago and Los Angeles. The company works with parking lot operators. By April 2016, the company further expanded to other cities in the United States. The company also entered a relationship with Tesla Motors whereby Luxe would have exclusive access to dedicated T ...
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OpenAI
OpenAI is an artificial intelligence (AI) research laboratory consisting of the for-profit corporation OpenAI LP and its parent company, the non-profit OpenAI Inc. The company conducts research in the field of AI with the stated goal of promoting and developing friendly AI in a way that benefits humanity as a whole. The organization was founded in San Francisco in late 2015 by Sam Altman, Elon Musk, and others, who collectively pledged US$1 billion. Musk resigned from the board in February 2018 but remained a donor. In 2019, OpenAI LP received a 1 billion investment from Microsoft. OpenAI is headquartered at the Pioneer Building in Mission District, San Francisco. History In December 2015, Sam Altman, Elon Musk, Greg Brockman, Reid Hoffman, Jessica Livingston, Peter Thiel, Amazon Web Services (AWS), Infosys, and YC Research announced the formation of OpenAI and pledged over 1 billion to the venture. The organization stated it would "freely collaborate" wi ...
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The Boring Company
The Boring Company (TBC) is an American infrastructure and tunnel construction services company founded by Elon Musk. Its ongoing and proposed projects are designed for intra-city ("loop") transit systems. After six years TBC has completed one out of six publicly announced projects. The only operational one is situated inside the Las Vegas convention center (LVCC) and operates on limited days for loop travel during conventions. It connects the LVCC West Hall to the existing campus over a stretch of 1.7 miles with an average speed of 30mph in non-autonomous regular Tesla 3 cars that are steered by an driver, despite promised to have 150mph average speeds and autonomous "sleek custom pods". The majority of Las Vegas local residents are not served by the LVCC limited transportation system. The TBC completed one tunnel for testing in Los Angeles County. During the opening of the test tunnel at the end of 2018, it was described as "just a regular Tesla driving through a paved tunnel ...
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Silicon Graphics
Silicon Graphics, Inc. (stylized as SiliconGraphics before 1999, later rebranded SGI, historically known as Silicon Graphics Computer Systems or SGCS) was an American high-performance computing manufacturer, producing computer hardware and software. Founded in Mountain View, California in November 1981 by Jim Clark, its initial market was 3D graphics computer workstations, but its products, strategies and market positions developed significantly over time. Early systems were based on the Geometry Engine that Clark and Marc Hannah had developed at Stanford University, and were derived from Clark's broader background in computer graphics. The Geometry Engine was the first very-large-scale integration (VLSI) implementation of a geometry pipeline, specialized hardware that accelerated the "inner-loop" geometric computations needed to display three-dimensional images. For much of its history, the company focused on 3D imaging and was a major supplier of both hardware and software ...
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H&R Block
H&R Block, Inc., or H&R Block, is an American tax preparation company operating in Canada, the United States, and Australia. The company was founded in 1955 by brothers Henry W. Bloch and Richard Bloch. As of 2018, H&R Block operates approximately 12,000 retail tax offices staffed by tax professionals worldwide. The company offers payroll, and business consulting services, consumer tax software, and online tax preparation/ electronic filing from their website. History Founding During World War II, Henry W. Bloch was a young Army Air Forces navigator who wanted to start a family business with his brothers in Kansas City.henrybloch.com
, Many Happy Returns, Thomas M. Bloch, 2010.
Home from the war in 1946, Henry saw a pamphlet suggesting a bright future for companies serving small businesses, and it sparked his imagination.
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Boston Scientific
Boston Scientific Corporation ("BSC"), incorporated in Delaware, is a biomedical/biotechnology engineering firm and multinational manufacturer of medical devices used in interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology. Boston Scientific is widely known for the development of the Taxus Stent, a drug-eluting stent which is used to open clogged arteries. With the full acquisition of Cameron Health in June 2012, the company also became notable for offering a minimally invasive implantable cardioverter-defibrillator (ICD) which they call the EMBLEM subcutaneous implantable defibrillator (S-ICD). History Boston Scientific was formed years ago, on June 29, 1979, in Watertown, Massachusetts, as a holding company for the medical products company, Medi-Tech, Inc., an ...
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Huntsman Corporation
Huntsman Corporation is an American multinational manufacturer and marketer of chemical products for consumers and industrial customers. Huntsman manufactures assorted polyurethanes, performance products, and adhesives for customers like BMW, GE, Chevron, Procter & Gamble, Unilever and Walkaroo.With global headquarters in The Woodlands, Texas, it operates more than 70 manufacturing, R&D and operations facilities in over 30 countries and employ approximately 9,000 associates across four business divisions. Huntsman Corporation had 2020 revenues of approximately $6 billion. History The Huntsman Corporation was initially founded as the Huntsman Container Corporation in 1970 by Alonzo Blaine Huntsman Jr. and his younger brother Jon Huntsman, Sr. It went public as the Huntsman Corporation on the New York Stock Exchange in February 2005. Huntsman has grown through a series of acquisitions (with some divestitures) and today is a manufacturer and marketer of differentiated and speci ...
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Universal Health Services
Universal Health Services, Inc. (UHS) is an American Fortune 500 company that provides hospital and healthcare services, based in King of Prussia, Pennsylvania. In 2021, its annual revenues were $12.6 billion. Company history Alan B. Miller, who currently serves as the company's Executive Chairman, founded Universal Health Services, Inc. in 1979. Within 18 months of its founding, UHS owned four hospitals and had management contracts with two additional hospitals. In 1979, UHS entered Las Vegas with the purchase of Valley Hospital. In 1980, the company chose its first Board of Directors. In 1981, UHS held its initial public offering. In 1982, UHS purchased five hospitals from the Stewards Foundation, marking the first time a for-profit corporation purchased hospitals from a nonprofit religious organization. In 1983, UHS purchased Qualicare, Inc. for more than $116 million. The purchase included 11 acute care hospitals and four behavioral health hospitals. In 1986, UHS created ...
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PayPal
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee. Established in 1998 as Confinity, PayPal went public through an IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 143rd on the 2022 Fortune 500 of the largest United States corporations by revenue. History Early history PayPal was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Confinity, a company that developed security software for hand-held de ...
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