When was MIT founded?

MIT was founded in 1861 and raised its 1st funding round 109 years after it was founded.

Where is MIT located?

MIT is headquartered in United States. It is registered at Cambridge, Massachusetts.

Who is the current CEO of MIT?

Eugene Fitzgerald and Whitney Espich s of MIT.

How many employees does MIT have?

As of Dec 31, 2022, the latest employee count at MIT is 11888.

Is MIT a funded company?

MIT is a funded company, having raised a total of $4M across 1836 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 01, 1970.

When was the latest funding round of MIT?

MIT's latest funding was a $***** Grant (prize money) round on Dec 23, 2025, with participation from 1 investor.

Where does MIT rank among its competitors?

MIT ranks 6th amongst 18168 active competitors, of which 53 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was MIT, which secured $4.2M in Jun, 2025.

Who are the top competitors of MIT?

MIT's top competitors include Harvard University, The University of California and Cornell University. Among them, MIT secured the most recent funding round in December, 2025.

MIT - 2026 Company Profile, Team, Funding & Competitors

Company Details

Social
Email ID: *****@mit.edu
Phone Number: +1 **********
Registered Address: Cambridge, Massachusetts

Key Metrics

Founded Year

1861

Location

United States

Stage

Seed

Total Funding

$4M in 1836 rounds

Latest Funding Round

Grant (prize money), Dec 23, 2025, $*****

Investors

Jack Dorsey & 19 more

Ranked

6^th among 18168 active competitors

Employee Count

11,888 as on Dec 31, 2022

Investment & Acquisitions

Bedrock Robotics & 27 more

Similar Companies

Harvard University & 10023 more

View MIT's full profile

MIT is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Massachusetts Institute Of Technology CIN: 42103594 , United States, Active	Dec 26, 999	-	15125 (As on Dec 31, 2024)	-

MIT has raised a total funding of $4M over 1836 rounds. Its first funding round was on Jan 01, 1970. Its latest funding round was a Grant (prize money) round on Dec 23, 2025 for $*****. 1 investor participated in its latest round. MIT has 16 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of MIT:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 23, 2025	5956795	Grant (prize money)	1753320	2306958	3151660	9299388
Dec 22, 2025	3851817	Grant (prize money)	5240186	7897192	7363858	Military Health
Dec 18, 2025	4700395	Grant (prize money)	4676479	5045981	4003481	Military Health

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View details of MIT's funding rounds and investors

The founders of MIT are Newton Howard and Tiegeng Ren. Eugene Fitzgerald is the CEO of MIT.

Here are the details of MIT's key team members:

Newton Howard: Former Co-Founder of MIT and founder of 6 other companies, including C4ADS, ni2o and Howard Brain Sciences Foundation.
Contact Info: 1 email address
Tiegeng Ren: Founder of MIT and founder of 2 other companies, Figur8 and REON.
Eugene Fitzgerald: CEO of MIT.
Contact Info: 1 email address
Whitney Espich: CEO of MIT.
Contact Info: 1 email address

View details of MIT's Founder profiles and Board Members

MIT's employee count trend

MIT has 11,888 employees as of Dec 22. The total employee count is 13.0% lower than what it was in Dec 21. Here is MIT's employee count trend over the years:

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Top competitors of MIT include Harvard University, The University of California and Cornell University. Here is the list of Top 10 competitors of MIT, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Harvard University 1636, Cambridge (United States), Series B	University offering various courses & degrees across diversified streams	$12.5M	Entertainment Media Ventures, NASA & 11 others	77/100
2nd	The University of California 1868, United States, Funding Raised	University offering various courses & degrees across diversified streams	-	Chambiz, DOE & 12 others	75/100
3rd	Cornell University 1865, United States, Funding Raised	Private university offering various courses & degrees across diversified streams	-	Gates Foundation, European Commission & 11 others	72/100
4th	National University of Singapore 1905, Singapore (Singapore), Early Stage	University offering various courses & degrees across diversified streams	$3.74M	Military Health, Europa	70/100
5th	Monash 1958, United States, Funding Raised	University offers multiple courses across diversified streams	-	ARC, Military Health & 5 others	70/100
6th	MIT 1861, United States, Seed	Private institution offering multiple degrees & courses across diversified streams	$4M	Amgen Business Development, Howells-Barby Ventures ... & 18 others	70/100
7th	Tel Aviv University 1956, Tel Aviv (Israel), Early Stage	University offering multiple courses across diversified streams	$20M	HNA Technology Group 海航科技集团, Qualcomm Ventures ... & 9 others	69/100
8th	Imperial College London 1907, London (United Kingdom), Funding Raised	College offering multiple courses and degrees across diversified streams	-	CEPI, Military Health & 3 others	69/100
9th	University of Southampton 1862, Southampton (United Kingdom), Funding Raised	Provider of higher education programs and research opportunities	-	Cancer Research UK, Military Health & 1 others	69/100
10th	University of Bristol 1876, Bristol (United Kingdom), Funding Raised	University offering multiple courses and degrees across diversified streams	-	Military Health, HHS & 1 others	68/100

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MIT has not made any acquisitions yet. MIT has made 28 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 04, 2026	Investments	Bedrock Robotics	2024	San Francisco (United States)
Dec 15, 2025	Investments	Rology	2017	Cairo (Egypt)
Dec 03, 2025	Investments	Excelsior Sciences	2024	New York City (United States)