# Endless Frontier Labs by the Numbers

Alumni

— May 15, 2024

![Professor Deepak Hegde speaking at the 2024 EFL Showcase](/sites/default/files/styles/246w/public/2024-06/Professor%20Deepak%20Hegde%20%232%20%281%29.png?itok=nuxeGCO6)

Newer to the NYC-based accelerator scene, Endless Frontier Labs (EFL) at NYU Stern hit the ground running! EFL already outpaces peer accelerators at its five-year mark.

Under the leadership of Founder and Director Professor Deepak Hegde, EFL attracts early-stage startups from around the world seeking to commercialize scientific and technological breakthroughs. Plus, Stern MBAs get a front row seat providing business development support to the startups through a companion MBA course. In fact, a number of Stern grads ultimately get hired by their startups full time. Below are the numbers since EFL launched in 2018:

| **$1.81B** in capital raised by 116 EFL startups |
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| **$21.4** million raised on average by EFL startups during or after the program, far exceeding thresholds in other accelerators |
| **$5.04B** collective valuation from 89 graduates alone |
| **45.9%** of EFL graduate startups led by women founders, a record high among established accelerators |
| **183** EFL startups to date |
| **125+** mentors across business, financial, and scientific sectors |
| **74** MBAs enrolled in the 2024 companion course, skyrocketing from 23 initially |
| **83%** of EFL startups successfully raised a round either during/after graduating from the program, outpacing peers like YCombinator & Techstars |